2022
Exports
$58.1MWorld Rnk 31 / 120
Flag Rnk 19 / 996
2022
PRODUCT COMPLEXITY IN Bovine
-0.97Rnk 830 / 1025
2022
Imports
$3.73MWorld Rnk 72 / 153
Flag Rnk 401 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $58.1M in Bovine, making it the 31st largest exporter of Bovine in the world. At the same year, Bovine was the 19th most exported product in Georgia. The main destination of Bovine exports from Georgia are: Iraq ($31.5M), Azerbaijan ($23M), Jordan ($1.93M), Egypt ($688k), and Armenia ($538k).

The fastest growing export markets for Bovine of Georgia between 2021 and 2022 were Iraq ($19.8M), Azerbaijan ($6.11M), and Jordan ($1.93M).

Imports In 2022, Georgia imported $3.73M in Bovine, becoming the 72nd largest importer of Bovine in the world. At the same year, Bovine was the 401st most imported product in Georgia. Georgia imports Bovine primarily from: Denmark ($1.26M), Estonia ($913k), Hungary ($640k), Austria ($281k), and Iraq ($244k).

The fastest growing import markets in Bovine for Georgia between 2021 and 2022 were Denmark ($1.17M), Austria ($281k), and Estonia ($114k).

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 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 (2022)$58.1M
IMPORTS (2022)$3.73M
NET TRADE (2022)$54.3M

In 2022, Georgia exported $58.1M in Bovine. The main destinations of Georgia exports on Bovine were Iraq ($31.5M), Azerbaijan ($23M), Jordan ($1.93M), Egypt ($688k), and Armenia ($538k).

In 2022, Georgia imported $3.73M in Bovine, mainly from Denmark ($1.26M), Estonia ($913k), Hungary ($640k), Austria ($281k), and Iraq ($244k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bovine EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Iraq$19.8M (169%)
Azerbaijan$6.11M (36.2%)
Jordan$1.93M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bovine BY Georgia WERE (2021 - 2022):
Egypt-$2.91M (-80.9%)
Libya-$918k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Bovine were:
In 2022, 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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