2022
Exports | Imports
$3.46M | $31.2MWorld Rnk 74 / 184
Flag Rnk 153 / 996
World Rnk 88 / 219
Flag Rnk 102 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.027Rnk 62 / 124
2022
PRODUCT COMPLEXITY IN Lifting Machinery
1.19Rnk 108 / 1025

About

Exports In 2022, Georgia exported $3.46M in Lifting Machinery, making it the 74th largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 153rd most exported product in Georgia. The main destination of Lifting Machinery exports from Georgia are: Azerbaijan ($1.51M), Armenia ($705k), Saudi Arabia ($398k), Slovakia ($321k), and Iraq ($121k).

The fastest growing export markets for Lifting Machinery of Georgia between 2021 and 2022 were Azerbaijan ($1.51M), Armenia ($622k), and Saudi Arabia ($398k).

Imports In 2022, Georgia imported $31.2M in Lifting Machinery, becoming the 88th largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 102nd most imported product in Georgia. Georgia imports Lifting Machinery primarily from: China ($11.6M), Turkey ($10.3M), Austria ($1.66M), Italy ($1.4M), and United Arab Emirates ($1.32M).

The fastest growing import markets in Lifting Machinery for Georgia between 2021 and 2022 were Turkey ($2.42M), United Arab Emirates ($1.32M), and China ($777k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Lifting Machinery from Georgia to the United States.

Latest Trends

Feb 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 Lifting Machinery. 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)$3.46M
IMPORTS (2022)$31.2M
NET TRADE (2022)-$27.7M

In 2022, Georgia exported $3.46M in Lifting Machinery. The main destinations of Georgia exports on Lifting Machinery were Azerbaijan ($1.51M), Armenia ($705k), Saudi Arabia ($398k), Slovakia ($321k), and Iraq ($121k).

In 2022, Georgia imported $31.2M in Lifting Machinery, mainly from China ($11.6M), Turkey ($10.3M), Austria ($1.66M), Italy ($1.4M), and United Arab Emirates ($1.32M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lifting Machinery EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Azerbaijan$1.51M (21.7k%)
Armenia$622k (741%)
Saudi Arabia$398k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lifting Machinery BY Georgia WERE (2021 - 2022):
Kazakhstan-$111k (-70.6%)
Russia-$96.6k (-100%)
South Africa-$75.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Lifting Machinery were:
China $6.88B
Germany $5.16B
Italy $2.48B
In 2022, Georgia's main importing competitors in Lifting Machinery were:

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Trade Value of Lifting Machinery by Exporters

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