2022
PRODUCT COMPLEXITY IN Precious Stones
-1.14Rnk 866 / 1025
2022
Imports
falseWorld Rnk 138 / 185
Flag Rnk 1042 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported N/A in Precious Stones, making it the 136th largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 820th most exported product in Georgia. The main destination of Precious Stones exports from Georgia are: Armenia ($6.91k), South Korea ($957), and Thailand ($79).

The fastest growing export markets for Precious Stones of Georgia between 2021 and 2022 were South Korea ($957) and Thailand ($79).

Imports In 2022, Georgia imported $17.1k in Precious Stones, becoming the 138th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 1042nd most imported product in Georgia. Georgia imports Precious Stones primarily from: Thailand ($7.31k), Germany ($4.61k), Australia ($4.16k), and Turkey ($1.04k).

The fastest growing import markets in Precious Stones for Georgia between 2021 and 2022 were Germany ($4.61k), Australia ($4.16k), and Turkey ($1.04k).

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 Precious Stones. 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
IMPORTS (2022)$17.1k

In N/A, Georgia exported N/A in Precious Stones. The main destinations of Georgia exports on Precious Stones were Armenia ($6.91k), South Korea ($957), and Thailand ($79).

In 2022, Georgia imported $17.1k in Precious Stones, mainly from Thailand ($7.31k), Germany ($4.61k), Australia ($4.16k), and Turkey ($1.04k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
South Korea$957 (1%)
Thailand$79 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY Georgia WERE (2021 - 2022):
China-$55.7k (-100%)
Armenia-$19.3k (-73.6%)
Saudi Arabia-$522 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Precious Stones were:
In 2022, Georgia's main importing competitors in Precious Stones were:

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Trade Value of Precious Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALArmenia+ $2.11k
TOP IMPORT POTENTIALThailand+ $8.17k

Precious Stones’s highest export potential is Armenia. With an export gap of $2.11k.   Precious Stones’s highest import potential is Thailand with an import gap of $8.17k.

See methodology.

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