2022
Exports
$19.3kWorld Rnk 92 / 175
Flag Rnk 753 / 996
2022
PRODUCT COMPLEXITY IN Sound Recording Equipment
0.32Rnk 439 / 1025
2022
Imports
$823kWorld Rnk 93 / 209
Flag Rnk 665 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

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Exports In 2022, Georgia exported $19.3k in Sound Recording Equipment, making it the 92nd largest exporter of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 753rd most exported product in Georgia. The main destination of Sound Recording Equipment exports from Georgia are: Armenia ($18.3k) and Israel ($1k).

The fastest growing export markets for Sound Recording Equipment of Georgia between 2021 and 2022 were Armenia ($9.14k) and Israel ($1k).

Imports In 2022, Georgia imported $823k in Sound Recording Equipment, becoming the 93rd largest importer of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 665th most imported product in Georgia. Georgia imports Sound Recording Equipment primarily from: China ($270k), Netherlands ($109k), Lithuania ($79.2k), Austria ($47.6k), and Czechia ($44.3k).

The fastest growing import markets in Sound Recording Equipment for Georgia between 2021 and 2022 were China ($124k), Lithuania ($43.1k), and Czechia ($35.8k).

Latest Trends

Sep 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 Sound Recording Equipment. 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)$19.3k
IMPORTS (2022)$823k
NET TRADE (2022)-$804k

In 2022, Georgia exported $19.3k in Sound Recording Equipment. The main destinations of Georgia exports on Sound Recording Equipment were Armenia ($18.3k) and Israel ($1k).

In 2022, Georgia imported $823k in Sound Recording Equipment, mainly from China ($270k), Netherlands ($109k), Lithuania ($79.2k), Austria ($47.6k), and Czechia ($44.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sound Recording Equipment EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Armenia$9.14k (100%)
Israel$1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sound Recording Equipment BY Georgia WERE (2021 - 2022):
Lithuania-$14k (-100%)
Azerbaijan-$3.29k (-100%)
China-$3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Sound Recording Equipment were:
In 2022, Georgia's main importing competitors in Sound Recording Equipment were:

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Trade Value of Sound Recording Equipment by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $670
TOP IMPORT POTENTIALChina+ $136k

Sound Recording Equipment’s highest export potential is United States. With an export gap of $670.   Sound Recording Equipment’s highest import potential is China with an import gap of $136k.

See methodology.

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