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2022
Exports $347kWorld Rnk 78 / 172
Flag Rnk 444 / 996
2022
Destination $221k Armenia
2021 - 2022
FASTEST GROWING MARKET $221kArmenia
2022
PRODUCT COMPLEXITY IN Narrow Woven Fabric-0.052Rnk 562 / 1025
2022
Imports $2.68MWorld Rnk 100 / 218
Flag Rnk 460 / 1152
2022
Origin $299k Turkey
2021 - 2022
FASTEST GROWING ORIGIN $299kChinese Taipei
2022
ECONOMIC COMPLEXITY of Georgia0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $347k in Narrow Woven Fabric, making it the 78th largest exporter of Narrow Woven Fabric in the world. At the same year, Narrow Woven Fabric was the 444th most exported product in Georgia. The main destination of Narrow Woven Fabric exports from Georgia are: Armenia ($242k), Poland ($54.3k), Turkey ($48.5k), Guatemala ($2.28k), and Azerbaijan ($266).

The fastest growing export markets for Narrow Woven Fabric of Georgia between 2021 and 2022 were Armenia ($221k), Turkey ($31.9k), and Guatemala ($2.28k).

Imports In 2022, Georgia imported $2.68M in Narrow Woven Fabric, becoming the 100th largest importer of Narrow Woven Fabric in the world. At the same year, Narrow Woven Fabric was the 460th most imported product in Georgia. Georgia imports Narrow Woven Fabric primarily from: Turkey ($1.54M), Chinese Taipei ($600k), China ($271k), Iran ($91.3k), and Italy ($83.4k).

The fastest growing import markets in Narrow Woven Fabric for Georgia between 2021 and 2022 were Chinese Taipei ($299k), Turkey ($177k), and Italy ($25.6k).

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 Narrow Woven Fabric. 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)$347k
IMPORTS (2022)$2.68M
NET TRADE (2022)-$2.33M

In 2022, Georgia exported $347k in Narrow Woven Fabric. The main destinations of Georgia exports on Narrow Woven Fabric were Armenia ($242k), Poland ($54.3k), Turkey ($48.5k), Guatemala ($2.28k), and Azerbaijan ($266).

In 2022, Georgia imported $2.68M in Narrow Woven Fabric, mainly from Turkey ($1.54M), Chinese Taipei ($600k), China ($271k), Iran ($91.3k), and Italy ($83.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Narrow Woven Fabric EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Armenia$221k (1.05k%)
Turkey$31.9k (193%)
Guatemala$2.28k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Narrow Woven Fabric BY Georgia WERE (2021 - 2022):
Poland-$31.5k (-36.7%)
Kazakhstan-$3.52k (-100%)
Australia-$1.01k (-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 Narrow Woven Fabric were:
China $1.89B
Chinese Taipei $319M
Germany $300M
In 2022, Georgia's main importing competitors in Narrow Woven Fabric were:
United States $441M
Vietnam $334M
Mexico $279M

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Trade Value of Narrow Woven Fabric by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $25.4k
TOP IMPORT POTENTIALChina+ $338k

Narrow Woven Fabric’s highest export potential is Turkey. With an export gap of $25.4k.   Narrow Woven Fabric’s highest import potential is China with an import gap of $338k.

See methodology.

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