2022
Exports
$168kWorld Rnk 74 / 143
Flag Rnk 530 / 996
2022
PRODUCT COMPLEXITY IN Other Fermented Beverages
0.091Rnk 525 / 1025
2022
Imports
$552kWorld Rnk 110 / 218
Flag Rnk 740 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $168k in Other Fermented Beverages, making it the 74th largest exporter of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 530th most exported product in Georgia. The main destination of Other Fermented Beverages exports from Georgia are: Russia ($61.7k), China ($31.7k), Belarus ($26.4k), United Kingdom ($16.8k), and Azerbaijan ($14.3k).

The fastest growing export markets for Other Fermented Beverages of Georgia between 2021 and 2022 were Russia ($61.7k), China ($29.9k), and United Kingdom ($16.8k).

Imports In 2022, Georgia imported $552k in Other Fermented Beverages, becoming the 110th largest importer of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 740th most imported product in Georgia. Georgia imports Other Fermented Beverages primarily from: Estonia ($241k), Latvia ($150k), Germany ($47.2k), Belarus ($28k), and Italy ($25.3k).

The fastest growing import markets in Other Fermented Beverages for Georgia between 2021 and 2022 were Estonia ($127k), Latvia ($120k), and Belarus ($21.4k).

Latest Trends

Aug 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 Other Fermented Beverages. 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)$168k
IMPORTS (2022)$552k
NET TRADE (2022)-$384k

In 2022, Georgia exported $168k in Other Fermented Beverages. The main destinations of Georgia exports on Other Fermented Beverages were Russia ($61.7k), China ($31.7k), Belarus ($26.4k), United Kingdom ($16.8k), and Azerbaijan ($14.3k).

In 2022, Georgia imported $552k in Other Fermented Beverages, mainly from Estonia ($241k), Latvia ($150k), Germany ($47.2k), Belarus ($28k), and Italy ($25.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Fermented Beverages EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Russia$61.7k (1%)
China$29.9k (1.66k%)
United Kingdom$16.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Fermented Beverages BY Georgia WERE (2021 - 2022):
Belarus-$17.8k (-40.2%)
Moldova-$16.6k (-100%)
United States-$2.7k (-27%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Other Fermented Beverages were:
In 2022, Georgia's main importing competitors in Other Fermented Beverages were:

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Trade Value of Other Fermented Beverages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $22.5k
TOP IMPORT POTENTIALItaly+ $23.3k

Other Fermented Beverages’s highest export potential is China. With an export gap of $22.5k.   Other Fermented Beverages’s highest import potential is Italy with an import gap of $23.3k.

See methodology.

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