2022
Exports
$1.48kWorld Rnk 130 / 144
Flag Rnk 921 / 996
2022
PRODUCT COMPLEXITY IN Other Stainless Steel Bars
1.42Rnk 67 / 1025
2022
Imports
$370kWorld Rnk 136 / 219
Flag Rnk 792 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $1.48k in Other Stainless Steel Bars, making it the 130th largest exporter of Other Stainless Steel Bars in the world. At the same year, Other Stainless Steel Bars was the 921st most exported product in Georgia. The main destination of Other Stainless Steel Bars exports from Georgia are: Armenia ($1.29k) and Nigeria ($189).

The fastest growing export markets for Other Stainless Steel Bars of Georgia between 2021 and 2022 were Armenia ($743) and Nigeria ($189).

Imports In 2022, Georgia imported $370k in Other Stainless Steel Bars, becoming the 136th largest importer of Other Stainless Steel Bars in the world. At the same year, Other Stainless Steel Bars was the 792nd most imported product in Georgia. Georgia imports Other Stainless Steel Bars primarily from: Turkey ($209k), Italy ($53.6k), Netherlands ($21.2k), Czechia ($15.7k), and Latvia ($14.3k).

The fastest growing import markets in Other Stainless Steel Bars for Georgia between 2021 and 2022 were Turkey ($73k), Netherlands ($21.2k), and Latvia ($14.3k).

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 Stainless Steel Bars. 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)$1.48k
IMPORTS (2022)$370k
NET TRADE (2022)-$368k

In 2022, Georgia exported $1.48k in Other Stainless Steel Bars. The main destinations of Georgia exports on Other Stainless Steel Bars were Armenia ($1.29k) and Nigeria ($189).

In 2022, Georgia imported $370k in Other Stainless Steel Bars, mainly from Turkey ($209k), Italy ($53.6k), Netherlands ($21.2k), Czechia ($15.7k), and Latvia ($14.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Stainless Steel Bars EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Armenia$743 (137%)
Nigeria$189 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Other Stainless Steel Bars were:
Italy $1.61B
India $1.23B
Germany $1.02B
In 2022, Georgia's main importing competitors in Other Stainless Steel Bars were:

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Trade Value of Other Stainless Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $530
TOP IMPORT POTENTIALItaly+ $47.7k

Other Stainless Steel Bars’s highest export potential is Germany. With an export gap of $530.   Other Stainless Steel Bars’s highest import potential is Italy with an import gap of $47.7k.

See methodology.

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