2022
Exports
$18.7MWorld Rnk 64 / 177
Flag Rnk 50 / 996
2022
PRODUCT COMPLEXITY IN Precious Metal Scraps
-0.68Rnk 752 / 1025
2022
Imports
$23.7kWorld Rnk 85 / 118
Flag Rnk 1026 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $18.7M in Precious Metal Scraps, making it the 64th largest exporter of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 50th most exported product in Georgia. The main destination of Precious Metal Scraps exports from Georgia are: United Kingdom ($5.48M), Lithuania ($5.06M), Japan ($2.88M), Germany ($1.71M), and Italy ($1.39M).

The fastest growing export markets for Precious Metal Scraps of Georgia between 2021 and 2022 were United Kingdom ($4.47M), Japan ($2.88M), and Germany ($1.47M).

Imports In 2022, Georgia imported $23.7k in Precious Metal Scraps, becoming the 85th largest importer of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 1026th most imported product in Georgia. Georgia imports Precious Metal Scraps primarily from: Turkey ($17.1k), Armenia ($4k), Russia ($1.6k), Italy ($653), and Spain ($277).

The fastest growing import markets in Precious Metal Scraps for Georgia between 2021 and 2022 were Armenia ($4k), Russia ($1.6k), and Italy ($653).

Historical Data

Trade Balance

Color
EXPORTS (2022)$18.7M
IMPORTS (2022)$23.7k
NET TRADE (2022)$18.7M

In 2022, Georgia exported $18.7M in Precious Metal Scraps. The main destinations of Georgia exports on Precious Metal Scraps were United Kingdom ($5.48M), Lithuania ($5.06M), Japan ($2.88M), Germany ($1.71M), and Italy ($1.39M).

In 2022, Georgia imported $23.7k in Precious Metal Scraps, mainly from Turkey ($17.1k), Armenia ($4k), Russia ($1.6k), Italy ($653), and Spain ($277).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Scraps EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
United Kingdom$4.47M (444%)
Japan$2.88M (1%)
Germany$1.47M (615%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Scraps BY Georgia WERE (2021 - 2022):
Lithuania-$4.86M (-49%)
Italy-$1.29M (-48.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Georgia's main exporting competitors in Precious Metal Scraps were:
In 2022, Georgia's main importing competitors in Precious Metal Scraps were:
Canada $3.02B
Japan $2.87B

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Trade Value of Precious Metal Scraps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.15M
TOP IMPORT POTENTIALIndonesia+ $508

Precious Metal Scraps’s highest export potential is Germany. With an export gap of $3.15M.   Precious Metal Scraps’s highest import potential is Indonesia with an import gap of $508.

See methodology.

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