2022
Exports
$103MWorld Rnk 98 / 226
Flag Rnk 11 / 21
2022
PRODUCT COMPLEXITY IN Plastics and Rubbers
1.72Rnk 19 / 1025
2022
Imports
$624MWorld Rnk 104 / 226
Flag Rnk 7 / 21
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $103M in Plastics and Rubbers, making it the 98th largest exporter of Plastics and Rubbers in the world. At the same year, Plastics and Rubbers was the 11th most exported product in Georgia. The main destination of Plastics and Rubbers exports from Georgia are: Kazakhstan ($18.3M), Armenia ($17.9M), Azerbaijan ($16M), Ukraine ($5.33M), and Turkey ($4.86M).

The fastest growing export markets for Plastics and Rubbers of Georgia between 2021 and 2022 were Kazakhstan ($18.2M), Armenia ($6.39M), and Azerbaijan ($6.05M).

Imports In 2022, Georgia imported $624M in Plastics and Rubbers, becoming the 104th largest importer of Plastics and Rubbers in the world. At the same year, Plastics and Rubbers was the 7th most imported product in Georgia. Georgia imports Plastics and Rubbers primarily from: Turkey ($205M), China ($141M), Iran ($35.3M), Russia ($24.8M), and Germany ($24.1M).

The fastest growing import markets in Plastics and Rubbers for Georgia between 2021 and 2022 were China ($45.5M), Turkey ($27.5M), and Germany ($5.53M).

COMPANIES In 2023, leading companies such as John Deere (1) and ABB Motors and Mechanical (1) were at the forefront of shipping Plastics and Rubbers from Georgia to the United States.

Latest Trends

Nov 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 Plastics and Rubbers. 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)$103M
IMPORTS (2022)$624M
NET TRADE (2022)-$521M

In 2022, Georgia exported $103M in Plastics and Rubbers. The main destinations of Georgia exports on Plastics and Rubbers were Kazakhstan ($18.3M), Armenia ($17.9M), Azerbaijan ($16M), Ukraine ($5.33M), and Turkey ($4.86M).

In 2022, Georgia imported $624M in Plastics and Rubbers, mainly from Turkey ($205M), China ($141M), Iran ($35.3M), Russia ($24.8M), and Germany ($24.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastics and Rubbers EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Kazakhstan$18.2M (17.1k%)
Armenia$6.39M (55.7%)
Azerbaijan$6.05M (61%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics and Rubbers BY Georgia WERE (2021 - 2022):
Turkey-$9.67M (-66.6%)
Ukraine-$7.05M (-57%)
Luxembourg-$1.94M (-37.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Plastics and Rubbers were:
In 2022, Georgia's main importing competitors in Plastics and Rubbers were:

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Trade Value of Plastics and Rubbers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.99M
TOP IMPORT POTENTIALChina+ $42.5M

Plastics and Rubbers’s highest export potential is United States. With an export gap of $2.99M.   Plastics and Rubbers’s highest import potential is China with an import gap of $42.5M.

See methodology.

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