2023
Exports
$697kWorld Rnk 79 / 146
Flag Rnk 324 / 991
2023
PRODUCT COMPLEXITY IN Butter
0.079Rnk 528 / 1025
2023
Imports
$36.1MWorld Rnk 46 / 224
Flag Rnk 85 / 1155
2023
ECONOMIC COMPLEXITY of Georgia
0.13Rnk 55 / 132

About

Exports In 2023, Georgia exported $697k in Butter, making it the 79th largest exporter of Butter in the world. At the same year, Butter was the 324th most exported product in Georgia. The main destination of Butter exports from Georgia are: Azerbaijan ($359k), Ukraine ($186k), Armenia ($99.8k), Tajikistan ($37k), and United States ($15.8k).

The fastest growing export markets for Butter of Georgia between 2022 and 2023 were Azerbaijan ($334k), Ukraine ($186k), and Tajikistan ($37k).

Imports In 2023, Georgia imported $36.1M in Butter, becoming the 46th largest importer of Butter in the world. At the same year, Butter was the 85th most imported product in Georgia. Georgia imports Butter primarily from: France ($12.2M), Finland ($3.27M), Iran ($3.27M), Netherlands ($3.22M), and Paraguay ($2.92M).

The fastest growing import markets in Butter for Georgia between 2022 and 2023 were France ($5.4M), Netherlands ($2.48M), and Iran ($1.74M).

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 Butter. 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)$697k
IMPORTS (2023)$36.1M
NET TRADE (2023)-$35.4M

In 2023, Georgia exported $697k in Butter. The main destinations of Georgia exports on Butter were Azerbaijan ($359k), Ukraine ($186k), Armenia ($99.8k), Tajikistan ($37k), and United States ($15.8k).

In 2023, Georgia imported $36.1M in Butter, mainly from France ($12.2M), Finland ($3.27M), Iran ($3.27M), Netherlands ($3.22M), and Paraguay ($2.92M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR Georgia WERE (2022 - 2023):
Azerbaijan$334k (1.35k%)
Ukraine$186k (1%)
Tajikistan$37k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY Georgia WERE (2022 - 2023):
Libya-$178k (-100%)
Turkey-$45.8k (-100%)
Armenia-$10.7k (-9.68%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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

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Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAzerbaijan+ $24.6k
TOP IMPORT POTENTIALBelgium+ $647k

Butter’s highest export potential is Azerbaijan. With an export gap of $24.6k.   Butter’s highest import potential is Belgium with an import gap of $647k.

See methodology.

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