2022
Exports
$149kWorld Rnk 117 / 167
Flag Rnk 548 / 996
2022
PRODUCT COMPLEXITY IN Recreational Boats
0.3Rnk 445 / 1025
2022
Imports
$4.36MWorld Rnk 105 / 217
Flag Rnk 378 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $149k in Recreational Boats, making it the 117th largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 548th most exported product in Georgia. The main destination of Recreational Boats exports from Georgia are: Turkey ($68.4k), Russia ($45.3k), Armenia ($29.7k), Iran ($4k), and Philippines ($1.82k).

The fastest growing export markets for Recreational Boats of Georgia between 2021 and 2022 were Turkey ($68.4k), Russia ($41.6k), and Armenia ($29.7k).

Imports In 2022, Georgia imported $4.36M in Recreational Boats, becoming the 105th largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 378th most imported product in Georgia. Georgia imports Recreational Boats primarily from: United States ($2.02M), Turkey ($727k), South Korea ($313k), Finland ($215k), and Poland ($204k).

The fastest growing import markets in Recreational Boats for Georgia between 2021 and 2022 were United States ($1.71M), Turkey ($722k), and South Korea ($313k).

Latest Trends

Oct 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 Recreational Boats. 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)$149k
IMPORTS (2022)$4.36M
NET TRADE (2022)-$4.21M

In 2022, Georgia exported $149k in Recreational Boats. The main destinations of Georgia exports on Recreational Boats were Turkey ($68.4k), Russia ($45.3k), Armenia ($29.7k), Iran ($4k), and Philippines ($1.82k).

In 2022, Georgia imported $4.36M in Recreational Boats, mainly from United States ($2.02M), Turkey ($727k), South Korea ($313k), Finland ($215k), and Poland ($204k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Turkey$68.4k (1%)
Russia$41.6k (1.13k%)
Armenia$29.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Georgia WERE (2021 - 2022):
Greece-$4.97k (-100%)
Germany-$2.31k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Recreational Boats were:
In 2022, Georgia's main importing competitors in Recreational Boats were:

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Trade Value of Recreational Boats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $5.14k
TOP IMPORT POTENTIALTurkey+ $299k

Recreational Boats’s highest export potential is Turkey. With an export gap of $5.14k.   Recreational Boats’s highest import potential is Turkey with an import gap of $299k.

See methodology.

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