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2022
Exports $5.87MWorld Rnk 52 / 197
Flag Rnk 108 / 996
2022
Destination $787k Turkey
2021 - 2022
FASTEST GROWING MARKET $787kUnited Kingdom
2022
PRODUCT COMPLEXITY IN Knit Babies' Garments-1.54Rnk 952 / 1025
2022
Imports $6.89MWorld Rnk 79 / 216
Flag Rnk 291 / 1152
2022
Origin $1.6M Turkey
2021 - 2022
FASTEST GROWING ORIGIN $1.6MTurkey
2022
ECONOMIC COMPLEXITY of Georgia0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $5.87M in Knit Babies' Garments, making it the 52nd largest exporter of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 108th most exported product in Georgia. The main destination of Knit Babies' Garments exports from Georgia are: Turkey ($3.86M), United Kingdom ($895k), Armenia ($826k), Italy ($64k), and Ireland ($62.8k).

The fastest growing export markets for Knit Babies' Garments of Georgia between 2021 and 2022 were United Kingdom ($787k), Armenia ($593k), and Netherlands ($55.6k).

Imports In 2022, Georgia imported $6.89M in Knit Babies' Garments, becoming the 79th largest importer of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 291st most imported product in Georgia. Georgia imports Knit Babies' Garments primarily from: Turkey ($4.41M), Spain ($310k), India ($281k), China ($267k), and United Arab Emirates ($266k).

The fastest growing import markets in Knit Babies' Garments for Georgia between 2021 and 2022 were Turkey ($1.6M), United Arab Emirates ($172k), and Croatia ($150k).

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 Knit Babies' Garments. 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)$5.87M
IMPORTS (2022)$6.89M
NET TRADE (2022)-$1.03M

In 2022, Georgia exported $5.87M in Knit Babies' Garments. The main destinations of Georgia exports on Knit Babies' Garments were Turkey ($3.86M), United Kingdom ($895k), Armenia ($826k), Italy ($64k), and Ireland ($62.8k).

In 2022, Georgia imported $6.89M in Knit Babies' Garments, mainly from Turkey ($4.41M), Spain ($310k), India ($281k), China ($267k), and United Arab Emirates ($266k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Babies' Garments EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
United Kingdom$787k (726%)
Armenia$593k (254%)
Netherlands$55.6k (66.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Babies' Garments BY Georgia WERE (2021 - 2022):
Turkey-$131k (-3.28%)
South Africa-$75.4k (-97.4%)
Jordan-$22k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Knit Babies' Garments were:
China $2.45B
Bangladesh $1.29B
India $1.08B
In 2022, Georgia's main importing competitors in Knit Babies' Garments were:
United States $2.31B
Germany $759M
United Kingdom $629M

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Trade Value of Knit Babies' Garments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Kingdom+ $603k
TOP IMPORT POTENTIALChina+ $299k

Knit Babies' Garments’s highest export potential is United Kingdom. With an export gap of $603k.   Knit Babies' Garments’s highest import potential is China with an import gap of $299k.

See methodology.

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