2022
Exports
$22.7MWorld Rnk 60 / 208
Flag Rnk 37 / 996
2022
PRODUCT COMPLEXITY IN Vaccines, blood, antisera, toxins and cultures
1.38Rnk 75 / 1025
2022
Imports
$66.4MWorld Rnk 114 / 225
Flag Rnk 34 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $22.7M in Vaccines, blood, antisera, toxins and cultures, making it the 60th largest exporter of Vaccines, blood, antisera, toxins and cultures in the world. At the same year, Vaccines, blood, antisera, toxins and cultures was the 37th most exported product in Georgia. The main destination of Vaccines, blood, antisera, toxins and cultures exports from Georgia are: Spain ($7.91M), Uzbekistan ($5.43M), Switzerland ($2.28M), United States ($1.58M), and Lithuania ($1.27M).

The fastest growing export markets for Vaccines, blood, antisera, toxins and cultures of Georgia between 2021 and 2022 were Spain ($7.78M), Switzerland ($2.28M), and United States ($1.56M).

Imports In 2022, Georgia imported $66.4M in Vaccines, blood, antisera, toxins and cultures, becoming the 114th largest importer of Vaccines, blood, antisera, toxins and cultures in the world. At the same year, Vaccines, blood, antisera, toxins and cultures was the 34th most imported product in Georgia. Georgia imports Vaccines, blood, antisera, toxins and cultures primarily from: Switzerland ($34.3M), France ($6.03M), Belgium ($5.84M), India ($2.85M), and Germany ($2.26M).

The fastest growing import markets in Vaccines, blood, antisera, toxins and cultures for Georgia between 2021 and 2022 were Switzerland ($11.5M), Lithuania ($1.59M), and Ireland ($1.05M).

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 Vaccines, blood, antisera, toxins and cultures. 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)$22.7M
IMPORTS (2022)$66.4M
NET TRADE (2022)-$43.7M

In 2022, Georgia exported $22.7M in Vaccines, blood, antisera, toxins and cultures. The main destinations of Georgia exports on Vaccines, blood, antisera, toxins and cultures were Spain ($7.91M), Uzbekistan ($5.43M), Switzerland ($2.28M), United States ($1.58M), and Lithuania ($1.27M).

In 2022, Georgia imported $66.4M in Vaccines, blood, antisera, toxins and cultures, mainly from Switzerland ($34.3M), France ($6.03M), Belgium ($5.84M), India ($2.85M), and Germany ($2.26M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vaccines, blood, antisera, toxins and cultures EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Spain$7.78M (5.99k%)
Switzerland$2.28M (73.6k%)
United States$1.56M (6.04k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vaccines, blood, antisera, toxins and cultures BY Georgia WERE (2021 - 2022):
Kazakhstan-$3.32M (-88.2%)
Azerbaijan-$337k (-98.2%)
Ukraine-$203k (-44.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Vaccines, blood, antisera, toxins and cultures were:
In 2022, Georgia's main importing competitors in Vaccines, blood, antisera, toxins and cultures were:

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Trade Value of Vaccines, blood, antisera, toxins and cultures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.61M
TOP IMPORT POTENTIALBelgium+ $4.68M

Vaccines, blood, antisera, toxins and cultures’s highest export potential is United States. With an export gap of $3.61M.   Vaccines, blood, antisera, toxins and cultures’s highest import potential is Belgium with an import gap of $4.68M.

See methodology.

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