2021
Exports
$53.9kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Iron Reductions
-1.54Rnk 951 / 1025
2021
Imports
$4.61MWorld Rnk 39 / 144
Flag Rnk 368 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Imports In 2022, Georgia imported $4.61M in Iron Reductions, becoming the 39th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 368th most imported product in Georgia. Georgia imports Iron Reductions primarily from: Russia ($4.61M).

The fastest growing import markets in Iron Reductions for Georgia between 2021 and 2022 were Russia ($4.61M).

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 Iron Reductions. 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 (2021)$53.9k
IMPORTS (2022)$4.61M
NET TRADE (2022)-$4.61M

In 2022, Georgia imported $4.61M in Iron Reductions, mainly from Russia ($4.61M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY Georgia WERE (N/A - 2021):China-$53.9k (-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 Reductions were:
In 2022, Georgia's main importing competitors in Iron Reductions were:

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Trade Value of Iron Reductions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $462
TOP IMPORT POTENTIALRussia+ $436

Iron Reductions’s highest export potential is United States. With an export gap of $462.   Iron Reductions’s highest import potential is Russia with an import gap of $436.

See methodology.

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