2023
Exports
$79.8MWorld Rnk 25 / 120
Flag Rnk 15 / 991
2023
PRODUCT COMPLEXITY IN Bovine
-1.01Rnk 830 / 1025
2023
Imports
$25.3MWorld Rnk 47 / 149
Flag Rnk 132 / 1155
2023
ECONOMIC COMPLEXITY of Georgia
0.13Rnk 55 / 132

About

Exports In 2023, Georgia exported $79.8M in Bovine, making it the 25th largest exporter of Bovine in the world. At the same year, Bovine was the 15th most exported product in Georgia. The main destination of Bovine exports from Georgia are: Iraq ($59.6M), Azerbaijan ($19.4M), Armenia ($383k), and Iran ($377k).

The fastest growing export markets for Bovine of Georgia between 2022 and 2023 were Iraq ($28.1M).

Imports In 2023, Georgia imported $25.3M in Bovine, becoming the 47th largest importer of Bovine in the world. At the same year, Bovine was the 132nd most imported product in Georgia. Georgia imports Bovine primarily from: Russia ($10.8M), Denmark ($5.41M), Latvia ($2.89M), Estonia ($1.52M), and Lithuania ($846k).

The fastest growing import markets in Bovine for Georgia between 2022 and 2023 were Russia ($10.8M), Denmark ($4.13M), and Latvia ($2.69M).

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 Bovine. 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)$79.8M
IMPORTS (2023)$25.3M
NET TRADE (2023)$54.5M

In 2023, Georgia exported $79.8M in Bovine. The main destinations of Georgia exports on Bovine were Iraq ($59.6M), Azerbaijan ($19.4M), Armenia ($383k), and Iran ($377k).

In 2023, Georgia imported $25.3M in Bovine, mainly from Russia ($10.8M), Denmark ($5.41M), Latvia ($2.89M), Estonia ($1.52M), and Lithuania ($846k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bovine EXPORT MARKETS FOR Georgia WERE (2022 - 2023):Iraq$28.1M (89.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bovine BY Georgia WERE (2022 - 2023):
Azerbaijan-$3.82M (-16.5%)
Jordan-$2.24M (-100%)
Egypt-$689k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Georgia's main exporting competitors in Bovine were:
France $2.05B
Canada $1.34B
Mexico $1.08B
In 2023, Georgia's main importing competitors in Bovine were:

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Trade Value of Bovine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALEgypt+ $720k
TOP IMPORT POTENTIALFrance+ $1.79k

Bovine’s highest export potential is Egypt. With an export gap of $720k.   Bovine’s highest import potential is France with an import gap of $1.79k.

See methodology.

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