2022
Exports
$4.31MWorld Rnk 76 / 203
Flag Rnk 132 / 996
2022
PRODUCT COMPLEXITY IN Hair Products
0.18Rnk 493 / 1025
2022
Imports
$38.3MWorld Rnk 71 / 224
Flag Rnk 77 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $4.31M in Hair Products, making it the 76th largest exporter of Hair Products in the world. At the same year, Hair Products was the 132nd most exported product in Georgia. The main destination of Hair Products exports from Georgia are: Armenia ($1.52M), Netherlands ($961k), Turkey ($389k), Lithuania ($333k), and Uzbekistan ($300k).

The fastest growing export markets for Hair Products of Georgia between 2021 and 2022 were Armenia ($1.12M), Russia ($175k), and Lithuania ($164k).

Imports In 2022, Georgia imported $38.3M in Hair Products, becoming the 71st largest importer of Hair Products in the world. At the same year, Hair Products was the 77th most imported product in Georgia. Georgia imports Hair Products primarily from: Russia ($8.14M), Turkey ($8.11M), Italy ($4.83M), Germany ($3.78M), and Czechia ($3.59M).

The fastest growing import markets in Hair Products for Georgia between 2021 and 2022 were Turkey ($3.27M), Italy ($1.23M), and Czechia ($756k).

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 Hair Products. 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)$4.31M
IMPORTS (2022)$38.3M
NET TRADE (2022)-$34M

In 2022, Georgia exported $4.31M in Hair Products. The main destinations of Georgia exports on Hair Products were Armenia ($1.52M), Netherlands ($961k), Turkey ($389k), Lithuania ($333k), and Uzbekistan ($300k).

In 2022, Georgia imported $38.3M in Hair Products, mainly from Russia ($8.14M), Turkey ($8.11M), Italy ($4.83M), Germany ($3.78M), and Czechia ($3.59M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hair Products EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Armenia$1.12M (278%)
Russia$175k (278%)
Lithuania$164k (97.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hair Products BY Georgia WERE (2021 - 2022):
Turkey-$685k (-63.8%)
Uzbekistan-$553k (-64.8%)
Netherlands-$331k (-25.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Hair Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $161k
TOP IMPORT POTENTIALGermany+ $717k

Hair Products’s highest export potential is United Kingdom. With an export gap of $161k.   Hair Products’s highest import potential is Germany with an import gap of $717k.

See methodology.

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