2023
Exports
$39.1MWorld Rnk 38 / 188
Flag Rnk 22 / 991
falsefalse Armenia
2023
PRODUCT COMPLEXITY IN Large Construction Vehicles
1.08Rnk 152 / 1025
2023
Imports
$157MWorld Rnk 64 / 223
Flag Rnk 9 / 1155
2023
ECONOMIC COMPLEXITY of Georgia
0.13Rnk 55 / 132

About

Exports In 2023, Georgia exported $39.1M in Large Construction Vehicles, making it the 38th largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 22nd most exported product in Georgia. The main destination of Large Construction Vehicles exports from Georgia are: Armenia ($25.5M), Azerbaijan ($9.21M), Uzbekistan ($1.9M), Kyrgyzstan ($986k), and Turkey ($558k).

The fastest growing export markets for Large Construction Vehicles of Georgia between 2022 and 2023 were Armenia ($4.13M), Azerbaijan ($3.33M), and Kyrgyzstan ($986k).

Imports In 2023, Georgia imported $157M in Large Construction Vehicles, becoming the 64th largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 9th most imported product in Georgia. Georgia imports Large Construction Vehicles primarily from: United Kingdom ($43.8M), China ($21.8M), South Korea ($17.1M), Turkey ($15.1M), and India ($14.4M).

Latest Trends

Jan 2025

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 Large Construction Vehicles. 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 (2023)$39.1M
IMPORTS (2023)$157M
NET TRADE (2023)-$118M

In 2023, Georgia exported $39.1M in Large Construction Vehicles. The main destinations of Georgia exports on Large Construction Vehicles were Armenia ($25.5M), Azerbaijan ($9.21M), Uzbekistan ($1.9M), Kyrgyzstan ($986k), and Turkey ($558k).

In 2023, Georgia imported $157M in Large Construction Vehicles, mainly from United Kingdom ($43.8M), China ($21.8M), South Korea ($17.1M), Turkey ($15.1M), and India ($14.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Large Construction Vehicles EXPORT MARKETS FOR Georgia WERE (2022 - 2023):
Armenia$4.13M (19.3%)
Azerbaijan$3.33M (56.5%)
Kyrgyzstan$986k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Construction Vehicles BY Georgia WERE (2022 - 2023):
Serbia-$408k (-100%)
Italy-$218k (-100%)
Turkey-$171k (-23.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Georgia's main exporting competitors in Large Construction Vehicles were:
In 2023, Georgia's main importing competitors in Large Construction Vehicles were:

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Trade Value of Large Construction Vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $14.8k
TOP IMPORT POTENTIALChina+ $7.5M

Large Construction Vehicles’s highest export potential is United Arab Emirates. With an export gap of $14.8k.   Large Construction Vehicles’s highest import potential is China with an import gap of $7.5M.

See methodology.

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