2022
Exports
$42kWorld Rnk 101 / 200
Flag Rnk 691 / 996
2022
PRODUCT COMPLEXITY IN Pens
0.7Rnk 277 / 1025
2022
Imports
$3.3MWorld Rnk 116 / 222
Flag Rnk 423 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $42k in Pens, making it the 101st largest exporter of Pens in the world. At the same year, Pens was the 691st most exported product in Georgia. The main destination of Pens exports from Georgia are: Armenia ($24.7k), United States ($3.78k), Azerbaijan ($2.8k), Australia ($1.16k), and United Arab Emirates ($1.14k).

The fastest growing export markets for Pens of Georgia between 2021 and 2022 were Armenia ($4.29k), United States ($3.78k), and Australia ($1.16k).

Imports In 2022, Georgia imported $3.3M in Pens, becoming the 116th largest importer of Pens in the world. At the same year, Pens was the 423rd most imported product in Georgia. Georgia imports Pens primarily from: China ($1.82M), Turkey ($304k), Germany ($254k), India ($195k), and Hong Kong ($168k).

The fastest growing import markets in Pens for Georgia between 2021 and 2022 were China ($967k), India ($80.3k), and Hong Kong ($73.9k).

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 Pens. 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)$42k
IMPORTS (2022)$3.3M
NET TRADE (2022)-$3.26M

In 2022, Georgia exported $42k in Pens. The main destinations of Georgia exports on Pens were Armenia ($24.7k), United States ($3.78k), Azerbaijan ($2.8k), Australia ($1.16k), and United Arab Emirates ($1.14k).

In 2022, Georgia imported $3.3M in Pens, mainly from China ($1.82M), Turkey ($304k), Germany ($254k), India ($195k), and Hong Kong ($168k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pens EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Armenia$4.29k (21%)
United States$3.78k (1%)
Australia$1.16k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pens BY Georgia WERE (2021 - 2022):
Germany-$3.39k (-94.7%)
Russia-$3.23k (-100%)
Belarus-$2.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Pens were:
China $2.39B
Japan $1.02B
In 2022, Georgia's main importing competitors in Pens were:

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Trade Value of Pens by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.14k
TOP IMPORT POTENTIALChina+ $463k

Pens’s highest export potential is United States. With an export gap of $9.14k.   Pens’s highest import potential is China with an import gap of $463k.

See methodology.

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