2022
Exports
$423kWorld Rnk 66 / 188
Flag Rnk 417 / 996
2022
PRODUCT COMPLEXITY IN Iron Chains
1.44Rnk 65 / 1025
2022
Imports
$2.34MWorld Rnk 122 / 222
Flag Rnk 496 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $423k in Iron Chains, making it the 66th largest exporter of Iron Chains in the world. At the same year, Iron Chains was the 417th most exported product in Georgia. The main destination of Iron Chains exports from Georgia are: Belarus ($101k), Armenia ($84.9k), United Arab Emirates ($70k), Poland ($30.1k), and Lithuania ($20.5k).

The fastest growing export markets for Iron Chains of Georgia between 2021 and 2022 were United Arab Emirates ($69.7k), Armenia ($50.9k), and Lithuania ($20.5k).

Imports In 2022, Georgia imported $2.34M in Iron Chains, becoming the 122nd largest importer of Iron Chains in the world. At the same year, Iron Chains was the 496th most imported product in Georgia. Georgia imports Iron Chains primarily from: China ($693k), Turkey ($658k), Germany ($330k), Ukraine ($142k), and Russia ($53k).

The fastest growing import markets in Iron Chains for Georgia between 2021 and 2022 were China ($272k), Germany ($159k), and Ukraine ($115k).

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 Iron Chains. 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)$423k
IMPORTS (2022)$2.34M
NET TRADE (2022)-$1.91M

In 2022, Georgia exported $423k in Iron Chains. The main destinations of Georgia exports on Iron Chains were Belarus ($101k), Armenia ($84.9k), United Arab Emirates ($70k), Poland ($30.1k), and Lithuania ($20.5k).

In 2022, Georgia imported $2.34M in Iron Chains, mainly from China ($693k), Turkey ($658k), Germany ($330k), Ukraine ($142k), and Russia ($53k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Chains EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
United Arab Emirates$69.7k (31.4k%)
Armenia$50.9k (150%)
Lithuania$20.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Chains BY Georgia WERE (2021 - 2022):
Belarus-$145k (-58.8%)
Philippines-$74.6k (-100%)
El Salvador-$14.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Iron Chains were:
China $2.52B
Japan $503M
In 2022, Georgia's main importing competitors in Iron Chains were:

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Trade Value of Iron Chains by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNigeria+ $1.82k
TOP IMPORT POTENTIALChina+ $359k

Iron Chains’s highest export potential is Nigeria. With an export gap of $1.82k.   Iron Chains’s highest import potential is China with an import gap of $359k.

See methodology.

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