2022
Exports
$11MWorld Rnk 54 / 152
Flag Rnk 72 / 996
2022
PRODUCT COMPLEXITY IN Buses
0.074Rnk 528 / 1025
2022
Imports
$33.2MWorld Rnk 80 / 217
Flag Rnk 91 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $11M in Buses, making it the 54th largest exporter of Buses in the world. At the same year, Buses was the 72nd most exported product in Georgia. The main destination of Buses exports from Georgia are: Armenia ($8.8M), Azerbaijan ($2.01M), Turkey ($50k), United Arab Emirates ($37.1k), and Russia ($19k).

The fastest growing export markets for Buses of Georgia between 2021 and 2022 were Armenia ($8.8M), Azerbaijan ($1.47M), and Turkey ($50k).

Imports In 2022, Georgia imported $33.2M in Buses, becoming the 80th largest importer of Buses in the world. At the same year, Buses was the 91st most imported product in Georgia. Georgia imports Buses primarily from: Poland ($21.4M), Turkey ($5.17M), Germany ($3.14M), Japan ($1.17M), and Croatia ($411k).

The fastest growing import markets in Buses for Georgia between 2021 and 2022 were Poland ($21M), Germany ($3.07M), and Japan ($976k).

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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 Buses. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$11M
IMPORTS (2022)$33.2M
NET TRADE (2022)-$22.2M

In 2022, Georgia exported $11M in Buses. The main destinations of Georgia exports on Buses were Armenia ($8.8M), Azerbaijan ($2.01M), Turkey ($50k), United Arab Emirates ($37.1k), and Russia ($19k).

In 2022, Georgia imported $33.2M in Buses, mainly from Poland ($21.4M), Turkey ($5.17M), Germany ($3.14M), Japan ($1.17M), and Croatia ($411k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Armenia$8.8M (583k%)
Azerbaijan$1.47M (269%)
Turkey$50k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Georgia WERE (2021 - 2022):Russia-$7.27k (-27.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Georgia's main exporting competitors in Buses were:
China $2.64B
Japan $1.95B
Turkey $1.52B
In 2022, Georgia's main importing competitors in Buses were:

Explore Visualizations

Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $5.77k
TOP IMPORT POTENTIALTurkey+ $2.04M

Buses’s highest export potential is Netherlands. With an export gap of $5.77k.   Buses’s highest import potential is Turkey with an import gap of $2.04M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with