Iron Reductions in Georgia | The Observatory of Economic Complexity

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2021
Exports $53.9kWorld Rnk 0 / 0
Flag

Rnk 0 / 0

falsefalseN/A

2022
PRODUCT COMPLEXITY IN Iron Reductions-1.54Rnk 951 / 1025

2021
Imports $4.61MWorld Rnk 39 / 144
Flag

Rnk 368 / 1152

2022
ECONOMIC COMPLEXITY of Georgia0.036Rnk 64 / 133

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Image by Tobias Begemann
Link: https://flic.kr/p/Q5zXRh

Image 2

Image by lasserbua
Link: https://flic.kr/p/uL6MZ1

Latest Trends
Historical Data

About

Imports In 2022, Georgia imported $4.61M in Iron Reductions, becoming the 39th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 368th most imported product in Georgia. Georgia imports Iron Reductions primarily from: Russia ($4.61M).

The fastest growing import markets in Iron Reductions for Georgia between 2021 and 2022 were Russia ($4.61M).

Latest Trends

Mar 2024

Subnational Monthly Trade

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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 Iron Reductions. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2021)$53.9k

IMPORTS (2022)$4.61M

NET TRADE (2022)-$4.61M

In 2022, Georgia imported $4.61M in Iron Reductions, mainly from Russia ($4.61M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Exports

Imports

Starting

Ending

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY Georgia WERE (N/A - 2021):China-$53.9k (-100%)

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Change in Exports by Market (2021 - 2022)

Market Concentration

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Import

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In 2022, Georgia's main exporting competitors in Iron Reductions were:

Trinidad and Tobago $872M

In 2022, Georgia's main importing competitors in Iron Reductions were:

United States $885M

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Trade Value of Iron Reductions by Exporters

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