2023
Exports
$620World Rnk 115 / 131
Flag Rnk 939 / 991
2023
PRODUCT COMPLEXITY IN Rubber
-2.34Rnk 1011 / 1025
2023
Imports
$3.64MWorld Rnk 68 / 193
Flag Rnk 420 / 1155
2023
ECONOMIC COMPLEXITY of Georgia
0.13Rnk 55 / 132

About

Exports In 2023, Georgia exported $620 in Rubber, making it the 115th largest exporter of Rubber in the world. At the same year, Rubber was the 939th most exported product in Georgia. The main destination of Rubber exports from Georgia are: Armenia ($620).

The fastest growing export markets for Rubber of Georgia between N/A and 2023 were Armenia ($620).

Imports In 2023, Georgia imported $3.64M in Rubber, becoming the 68th largest importer of Rubber in the world. At the same year, Rubber was the 420th most imported product in Georgia. Georgia imports Rubber primarily from: Thailand ($2.56M), Malaysia ($992k), Turkey ($71.8k), Spain ($9.89k), and United Kingdom ($4.53k).

The fastest growing import markets in Rubber for Georgia between 2022 and 2023 were Thailand ($2.53M), Turkey ($31.1k), and Spain ($9.89k).

Latest Trends

Dec 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 Rubber. 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 (2023)$620
IMPORTS (2023)$3.64M
NET TRADE (2023)-$3.64M

In 2023, Georgia exported $620 in Rubber. The main destinations of Georgia exports on Rubber were Armenia ($620).

In 2023, Georgia imported $3.64M in Rubber, mainly from Thailand ($2.56M), Malaysia ($992k), Turkey ($71.8k), Spain ($9.89k), and United Kingdom ($4.53k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubber EXPORT MARKETS FOR Georgia WERE (N/A - 2023):Armenia$620 (1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Georgia's main exporting competitors in Rubber were:
In 2023, Georgia's main importing competitors in Rubber were:

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Trade Value of Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $615
TOP IMPORT POTENTIALThailand+ $246k

Rubber’s highest export potential is China. With an export gap of $615.   Rubber’s highest import potential is Thailand with an import gap of $246k.

See methodology.

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