2022
Exports
$10.2kWorld Rnk 108 / 167
Flag Rnk 798 / 996
2022
PRODUCT COMPLEXITY IN Electric Musical Instruments
0.55Rnk 344 / 1025
2022
Imports
$1.44MWorld Rnk 75 / 210
Flag Rnk 573 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $10.2k in Electric Musical Instruments, making it the 108th largest exporter of Electric Musical Instruments in the world. At the same year, Electric Musical Instruments was the 798th most exported product in Georgia. The main destination of Electric Musical Instruments exports from Georgia are: Armenia ($8.54k), France ($1.51k), Niger ($73), Nigeria ($68), and Kazakhstan ($56).

The fastest growing export markets for Electric Musical Instruments of Georgia between 2021 and 2022 were France ($1.09k), Armenia ($845), and Niger ($73).

Imports In 2022, Georgia imported $1.44M in Electric Musical Instruments, becoming the 75th largest importer of Electric Musical Instruments in the world. At the same year, Electric Musical Instruments was the 573rd most imported product in Georgia. Georgia imports Electric Musical Instruments primarily from: China ($263k), Germany ($186k), Singapore ($162k), Lithuania ($155k), and United Arab Emirates ($149k).

The fastest growing import markets in Electric Musical Instruments for Georgia between 2021 and 2022 were Lithuania ($155k), Germany ($152k), and Singapore ($121k).

Latest Trends

Jul 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 Electric Musical Instruments. 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)$10.2k
IMPORTS (2022)$1.44M
NET TRADE (2022)-$1.43M

In 2022, Georgia exported $10.2k in Electric Musical Instruments. The main destinations of Georgia exports on Electric Musical Instruments were Armenia ($8.54k), France ($1.51k), Niger ($73), Nigeria ($68), and Kazakhstan ($56).

In 2022, Georgia imported $1.44M in Electric Musical Instruments, mainly from China ($263k), Germany ($186k), Singapore ($162k), Lithuania ($155k), and United Arab Emirates ($149k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Musical Instruments EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
France$1.09k (257%)
Armenia$845 (11%)
Niger$73 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Musical Instruments BY Georgia WERE (2021 - 2022):
Israel-$2k (-100%)
Germany-$619 (-100%)
Singapore-$515 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Electric Musical Instruments were:
In 2022, Georgia's main importing competitors in Electric Musical Instruments were:

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Trade Value of Electric Musical Instruments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $1.95k
TOP IMPORT POTENTIALChina+ $158k

Electric Musical Instruments’s highest export potential is France. With an export gap of $1.95k.   Electric Musical Instruments’s highest import potential is China with an import gap of $158k.

See methodology.

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