2022
Exports
$6.29MWorld Rnk 101 / 160
Flag Rnk 104 / 996
2022
PRODUCT COMPLEXITY IN Petroleum Gas
-1.98Rnk 1000 / 1025
2022
Imports
$461MWorld Rnk 61 / 222
Flag Rnk 3 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $6.29M in Petroleum Gas, making it the 101st largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 104th most exported product in Georgia. The main destination of Petroleum Gas exports from Georgia are: Romania ($4.61M), Bulgaria ($1.66M), Armenia ($8.11k), and Azerbaijan ($8k).

The fastest growing export markets for Petroleum Gas of Georgia between 2021 and 2022 were Romania ($4.61M), Armenia ($8.11k), and Azerbaijan ($8k).

Imports In 2022, Georgia imported $461M in Petroleum Gas, becoming the 61st largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 3rd most imported product in Georgia. Georgia imports Petroleum Gas primarily from: Azerbaijan ($349M), Russia ($112M), Denmark ($70.7k), Turkey ($50.9k), and Iran ($30.7k).

The fastest growing import markets in Petroleum Gas for Georgia between 2021 and 2022 were Russia ($23.2M), Azerbaijan ($13.7M), and Denmark ($70.7k).

Latest Trends

Sep 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 Petroleum Gas. 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)$6.29M
IMPORTS (2022)$461M
NET TRADE (2022)-$455M

In 2022, Georgia exported $6.29M in Petroleum Gas. The main destinations of Georgia exports on Petroleum Gas were Romania ($4.61M), Bulgaria ($1.66M), Armenia ($8.11k), and Azerbaijan ($8k).

In 2022, Georgia imported $461M in Petroleum Gas, mainly from Azerbaijan ($349M), Russia ($112M), Denmark ($70.7k), Turkey ($50.9k), and Iran ($30.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Romania$4.61M (1%)
Armenia$8.11k (1%)
Azerbaijan$8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Georgia WERE (2021 - 2022):
Bulgaria-$993k (-37.4%)
Finland-$6.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Petroleum Gas were:
In 2022, Georgia's main importing competitors in Petroleum Gas were:
China $72.7B
Italy $67.6B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRomania+ $1.46M
TOP IMPORT POTENTIALTurkey+ $303k

Petroleum Gas’s highest export potential is Romania. With an export gap of $1.46M.   Petroleum Gas’s highest import potential is Turkey with an import gap of $303k.

See methodology.

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