2023
Exports
$824kWorld Rnk 73 / 175
Flag Rnk 301 / 991
2023
PRODUCT COMPLEXITY IN Bandages
0.86Rnk 224 / 1025
2023
Imports
$6.74MWorld Rnk 88 / 221
Flag Rnk 306 / 1155
2023
ECONOMIC COMPLEXITY of Georgia
0.13Rnk 55 / 132

About

Exports In 2023, Georgia exported $824k in Bandages, making it the 73rd largest exporter of Bandages in the world. At the same year, Bandages was the 301st most exported product in Georgia. The main destination of Bandages exports from Georgia are: China ($605k), Australia ($73.4k), Kyrgyzstan ($72.9k), Armenia ($33.7k), and Hong Kong ($17.4k).

The fastest growing export markets for Bandages of Georgia between 2022 and 2023 were China ($228k), Australia ($73.4k), and Kyrgyzstan ($72.9k).

Imports In 2023, Georgia imported $6.74M in Bandages, becoming the 88th largest importer of Bandages in the world. At the same year, Bandages was the 306th most imported product in Georgia. Georgia imports Bandages primarily from: China ($2.58M), Turkey ($991k), Latvia ($501k), Armenia ($479k), and Ukraine ($424k).

The fastest growing import markets in Bandages for Georgia between 2022 and 2023 were China ($540k), Turkey ($176k), and Ukraine ($105k).

Latest Trends

Jan 2025

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 Bandages. 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 (2023)$824k
IMPORTS (2023)$6.74M
NET TRADE (2023)-$5.91M

In 2023, Georgia exported $824k in Bandages. The main destinations of Georgia exports on Bandages were China ($605k), Australia ($73.4k), Kyrgyzstan ($72.9k), Armenia ($33.7k), and Hong Kong ($17.4k).

In 2023, Georgia imported $6.74M in Bandages, mainly from China ($2.58M), Turkey ($991k), Latvia ($501k), Armenia ($479k), and Ukraine ($424k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Georgia WERE (2022 - 2023):
China$228k (60.3%)
Australia$73.4k (1%)
Kyrgyzstan$72.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Georgia WERE (2022 - 2023):
Armenia-$20.9k (-38.3%)
Hong Kong-$6.12k (-26.1%)
New Zealand-$4.63k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Georgia's main exporting competitors in Bandages were:
In 2023, Georgia's main importing competitors in Bandages were:

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Trade Value of Bandages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSweden+ $1.8k
TOP IMPORT POTENTIALChina+ $775k

Bandages’s highest export potential is Sweden. With an export gap of $1.8k.   Bandages’s highest import potential is China with an import gap of $775k.

See methodology.

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