2022
Exports
$5.56MWorld Rnk 91 / 223
Flag Rnk 112 / 996
2022
PRODUCT COMPLEXITY IN Other Furniture
0.34Rnk 424 / 1025
2022
Imports
$76.9MWorld Rnk 87 / 225
Flag Rnk 25 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $5.56M in Other Furniture, making it the 91st largest exporter of Other Furniture in the world. At the same year, Other Furniture was the 112th most exported product in Georgia. The main destination of Other Furniture exports from Georgia are: Armenia ($2.62M), United States ($1.46M), Germany ($226k), Azerbaijan ($173k), and Belarus ($172k).

The fastest growing export markets for Other Furniture of Georgia between 2021 and 2022 were Armenia ($1.53M), United States ($1.18M), and Germany ($212k).

Imports In 2022, Georgia imported $76.9M in Other Furniture, becoming the 87th largest importer of Other Furniture in the world. At the same year, Other Furniture was the 25th most imported product in Georgia. Georgia imports Other Furniture primarily from: Turkey ($33.3M), China ($9.5M), Italy ($7.97M), Russia ($3.15M), and Ukraine ($3.1M).

The fastest growing import markets in Other Furniture for Georgia between 2021 and 2022 were Turkey ($12M), China ($2.95M), and Italy ($2.45M).

COMPANIES In 2023, leading companies such as Design Within Reach (1) were at the forefront of shipping Other Furniture from Georgia to the United States.

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 Other Furniture. 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)$5.56M
IMPORTS (2022)$76.9M
NET TRADE (2022)-$71.3M

In 2022, Georgia exported $5.56M in Other Furniture. The main destinations of Georgia exports on Other Furniture were Armenia ($2.62M), United States ($1.46M), Germany ($226k), Azerbaijan ($173k), and Belarus ($172k).

In 2022, Georgia imported $76.9M in Other Furniture, mainly from Turkey ($33.3M), China ($9.5M), Italy ($7.97M), Russia ($3.15M), and Ukraine ($3.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Furniture EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Armenia$1.53M (139%)
United States$1.18M (428%)
Germany$212k (1.51k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Furniture BY Georgia WERE (2021 - 2022):
Turkmenistan-$148k (-99.6%)
Saudi Arabia-$94.1k (-100%)
Belarus-$81.8k (-32.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Other Furniture were:
China $36.6B
Vietnam $9.13B
Germany $8.79B
In 2022, Georgia's main importing competitors in Other Furniture were:

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Trade Value of Other Furniture by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.58M
TOP IMPORT POTENTIALChina+ $9.53M

Other Furniture’s highest export potential is United States. With an export gap of $1.58M.   Other Furniture’s highest import potential is China with an import gap of $9.53M.

See methodology.

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