2022
Exports
$165MWorld Rnk 83 / 176
Flag Rnk 6 / 996
2022
PRODUCT COMPLEXITY IN Gold
-2.43Rnk 1016 / 1025
2022
Imports
$162kWorld Rnk 143 / 178
Flag Rnk 887 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $165M in Gold, making it the 83rd largest exporter of Gold in the world. At the same year, Gold was the 6th most exported product in Georgia. The main destination of Gold exports from Georgia are: Switzerland ($154M), Germany ($5.19M), Turkey ($3.49M), United Arab Emirates ($2.23M), and Netherlands ($5).

The fastest growing export markets for Gold of Georgia between 2021 and 2022 were Switzerland ($46.3M), Germany ($2.08M), and Turkey ($2.03M).

Imports In 2022, Georgia imported $162k in Gold, becoming the 143rd largest importer of Gold in the world. At the same year, Gold was the 887th most imported product in Georgia. Georgia imports Gold primarily from: United Arab Emirates ($57k), Turkey ($44.9k), Switzerland ($44.3k), Russia ($5.62k), and Italy ($3.72k).

The fastest growing import markets in Gold for Georgia between 2021 and 2022 were Turkey ($21.9k), Russia ($5.62k), and Italy ($3.72k).

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 Gold. 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)$165M
IMPORTS (2022)$162k
NET TRADE (2022)$165M

In 2022, Georgia exported $165M in Gold. The main destinations of Georgia exports on Gold were Switzerland ($154M), Germany ($5.19M), Turkey ($3.49M), United Arab Emirates ($2.23M), and Netherlands ($5).

In 2022, Georgia imported $162k in Gold, mainly from United Arab Emirates ($57k), Turkey ($44.9k), Switzerland ($44.3k), Russia ($5.62k), and Italy ($3.72k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Switzerland$46.3M (43.1%)
Germany$2.08M (66.7%)
Turkey$2.03M (139%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Georgia WERE (2021 - 2022):
United Arab Emirates-$342k (-13.3%)
United States-$26.6k (-100%)
United Kingdom-$2.74k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSwitzerland+ $6.59M
TOP IMPORT POTENTIALSwitzerland+ $98.7k

Gold’s highest export potential is Switzerland. With an export gap of $6.59M.   Gold’s highest import potential is Switzerland with an import gap of $98.7k.

See methodology.

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