2022
Exports
$8.32MWorld Rnk 63 / 198
Flag Rnk 86 / 996
2022
PRODUCT COMPLEXITY IN Air Conditioners
0.55Rnk 346 / 1025
2022
Imports
$59.3MWorld Rnk 84 / 224
Flag Rnk 41 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $8.32M in Air Conditioners, making it the 63rd largest exporter of Air Conditioners in the world. At the same year, Air Conditioners was the 86th most exported product in Georgia. The main destination of Air Conditioners exports from Georgia are: Armenia ($4.58M), Azerbaijan ($2.97M), Turkey ($436k), Kazakhstan ($133k), and Kyrgyzstan ($47k).

The fastest growing export markets for Air Conditioners of Georgia between 2021 and 2022 were Armenia ($3.48M), Turkey ($413k), and Azerbaijan ($372k).

Imports In 2022, Georgia imported $59.3M in Air Conditioners, becoming the 84th largest importer of Air Conditioners in the world. At the same year, Air Conditioners was the 41st most imported product in Georgia. Georgia imports Air Conditioners primarily from: China ($35.6M), Singapore ($8.04M), Turkey ($6.48M), Hong Kong ($1.96M), and Italy ($1.27M).

The fastest growing import markets in Air Conditioners for Georgia between 2021 and 2022 were China ($15.8M), Singapore ($5.06M), and Turkey ($1.89M).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Air Conditioners. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.32M
IMPORTS (2022)$59.3M
NET TRADE (2022)-$51M

In 2022, Georgia exported $8.32M in Air Conditioners. The main destinations of Georgia exports on Air Conditioners were Armenia ($4.58M), Azerbaijan ($2.97M), Turkey ($436k), Kazakhstan ($133k), and Kyrgyzstan ($47k).

In 2022, Georgia imported $59.3M in Air Conditioners, mainly from China ($35.6M), Singapore ($8.04M), Turkey ($6.48M), Hong Kong ($1.96M), and Italy ($1.27M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Air Conditioners EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Armenia$3.48M (317%)
Turkey$413k (1.81k%)
Azerbaijan$372k (14.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Conditioners BY Georgia WERE (2021 - 2022):
Uzbekistan-$160k (-77.9%)
Kazakhstan-$138k (-51%)
Poland-$63k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Air Conditioners were:
China $23.1B
In 2022, Georgia's main importing competitors in Air Conditioners were:

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Trade Value of Air Conditioners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $14.4k
TOP IMPORT POTENTIALChina+ $4.36M

Air Conditioners’s highest export potential is India. With an export gap of $14.4k.   Air Conditioners’s highest import potential is China with an import gap of $4.36M.

See methodology.

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