2022
Exports
$10.1kWorld Rnk 103 / 146
Flag Rnk 800 / 996
2022
PRODUCT COMPLEXITY IN Petroleum Jelly
-0.22Rnk 621 / 1025
2022
Imports
$1.16MWorld Rnk 110 / 209
Flag Rnk 600 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $10.1k in Petroleum Jelly, making it the 103rd largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 800th most exported product in Georgia. The main destination of Petroleum Jelly exports from Georgia are: Armenia ($8.72k), United Kingdom ($1.17k), United Arab Emirates ($190), Netherlands ($41), and Azerbaijan ($2).

The fastest growing export markets for Petroleum Jelly of Georgia between 2021 and 2022 were Armenia ($8.57k), United Kingdom ($1.17k), and United Arab Emirates ($190).

Imports In 2022, Georgia imported $1.16M in Petroleum Jelly, becoming the 110th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 600th most imported product in Georgia. Georgia imports Petroleum Jelly primarily from: Russia ($716k), Turkey ($160k), Iran ($155k), India ($49.4k), and Bulgaria ($24.2k).

The fastest growing import markets in Petroleum Jelly for Georgia between 2021 and 2022 were Russia ($302k), Iran ($89.7k), and India ($26.7k).

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 Jelly. 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)$10.1k
IMPORTS (2022)$1.16M
NET TRADE (2022)-$1.15M

In 2022, Georgia exported $10.1k in Petroleum Jelly. The main destinations of Georgia exports on Petroleum Jelly were Armenia ($8.72k), United Kingdom ($1.17k), United Arab Emirates ($190), Netherlands ($41), and Azerbaijan ($2).

In 2022, Georgia imported $1.16M in Petroleum Jelly, mainly from Russia ($716k), Turkey ($160k), Iran ($155k), India ($49.4k), and Bulgaria ($24.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Armenia$8.57k (5.49k%)
United Kingdom$1.17k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Georgia WERE (2021 - 2022):
Canada-$21.9k (-100%)
Romania-$253 (-100%)
Azerbaijan-$14 (-87.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Petroleum Jelly were:
In 2022, Georgia's main importing competitors in Petroleum Jelly were:

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Trade Value of Petroleum Jelly by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $1.37k
TOP IMPORT POTENTIALChina+ $29k

Petroleum Jelly’s highest export potential is United Kingdom. With an export gap of $1.37k.   Petroleum Jelly’s highest import potential is China with an import gap of $29k.

See methodology.

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