2022
Exports | Imports
$8.95M | $6.46MWorld Rnk 44 / 159
Flag Rnk 83 / 996
World Rnk 77 / 209
Flag Rnk 300 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.027Rnk 62 / 124
2022
PRODUCT COMPLEXITY IN Electric Furnaces
1.25Rnk 94 / 1025

About

Exports In 2022, Georgia exported $8.95M in Electric Furnaces, making it the 44th largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 83rd most exported product in Georgia. The main destination of Electric Furnaces exports from Georgia are: Kazakhstan ($6.92M), Uzbekistan ($1.85M), Armenia ($111k), Turkey ($21.2k), and United Arab Emirates ($20.6k).

The fastest growing export markets for Electric Furnaces of Georgia between 2021 and 2022 were Uzbekistan ($1.85M), Armenia ($42.1k), and United Arab Emirates ($20.6k).

Imports In 2022, Georgia imported $6.46M in Electric Furnaces, becoming the 77th largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 300th most imported product in Georgia. Georgia imports Electric Furnaces primarily from: India ($1.9M), China ($1.78M), Turkey ($926k), Italy ($821k), and Germany ($247k).

The fastest growing import markets in Electric Furnaces for Georgia between 2021 and 2022 were India ($1.35M), China ($889k), and Turkey ($240k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Electric Furnaces from Georgia to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

View
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 Electric Furnaces. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$8.95M
IMPORTS (2022)$6.46M
NET TRADE (2022)$2.49M

In 2022, Georgia exported $8.95M in Electric Furnaces. The main destinations of Georgia exports on Electric Furnaces were Kazakhstan ($6.92M), Uzbekistan ($1.85M), Armenia ($111k), Turkey ($21.2k), and United Arab Emirates ($20.6k).

In 2022, Georgia imported $6.46M in Electric Furnaces, mainly from India ($1.9M), China ($1.78M), Turkey ($926k), Italy ($821k), and Germany ($247k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Uzbekistan$1.85M (1%)
Armenia$42.1k (61%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Georgia WERE (2021 - 2022):
Kazakhstan-$27.7M (-80%)
United States-$30.2k (-100%)
Trinidad and Tobago-$4.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Georgia's main exporting competitors in Electric Furnaces were:
China $1.22B
Italy $722M
In 2022, Georgia's main importing competitors in Electric Furnaces were:

Explore Visualizations

Trade Value of Electric Furnaces by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with