2022
Exports
$389kWorld Rnk 100 / 210
Flag Rnk 424 / 996
2022
PRODUCT COMPLEXITY IN Other Knit Garments
-1.33Rnk 917 / 1025
2022
Imports
$2.19MWorld Rnk 111 / 217
Flag Rnk 508 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $389k in Other Knit Garments, making it the 100th largest exporter of Other Knit Garments in the world. At the same year, Other Knit Garments was the 424th most exported product in Georgia. The main destination of Other Knit Garments exports from Georgia are: Kuwait ($138k), France ($38.2k), United Arab Emirates ($37.7k), Germany ($28.2k), and Armenia ($24.2k).

The fastest growing export markets for Other Knit Garments of Georgia between 2021 and 2022 were Kuwait ($119k), France ($30.1k), and Germany ($18.4k).

Imports In 2022, Georgia imported $2.19M in Other Knit Garments, becoming the 111th largest importer of Other Knit Garments in the world. At the same year, Other Knit Garments was the 508th most imported product in Georgia. Georgia imports Other Knit Garments primarily from: Spain ($825k), France ($344k), Germany ($228k), Turkey ($165k), and Italy ($162k).

The fastest growing import markets in Other Knit Garments for Georgia between 2021 and 2022 were Spain ($231k), Turkey ($97.4k), and China ($96.9k).

COMPANIES In 2023, leading companies such as Giorgio Armani (1) were at the forefront of shipping Other Knit Garments from Georgia to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$389k
IMPORTS (2022)$2.19M
NET TRADE (2022)-$1.8M

In 2022, Georgia exported $389k in Other Knit Garments. The main destinations of Georgia exports on Other Knit Garments were Kuwait ($138k), France ($38.2k), United Arab Emirates ($37.7k), Germany ($28.2k), and Armenia ($24.2k).

In 2022, Georgia imported $2.19M in Other Knit Garments, mainly from Spain ($825k), France ($344k), Germany ($228k), Turkey ($165k), and Italy ($162k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Knit Garments EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Kuwait$119k (622%)
France$30.1k (368%)
Germany$18.4k (187%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Knit Garments BY Georgia WERE (2021 - 2022):
South Korea-$29.3k (-85.8%)
Austria-$25.6k (-97.7%)
Saudi Arabia-$9.87k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Georgia's main exporting competitors in Other Knit Garments were:
In 2022, Georgia's main importing competitors in Other Knit Garments were:

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Trade Value of Other Knit Garments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $64.8k
TOP IMPORT POTENTIALChina+ $309k

Other Knit Garments’s highest export potential is Germany. With an export gap of $64.8k.   Other Knit Garments’s highest import potential is China with an import gap of $309k.

See methodology.

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