Georgia earns $55m by exporting over 24m bottles of wine

Mon 05 June 2017 12:50 GMT | 16:50 Local Time

Text size: bigger smaller
W1siziisijiwmtcvmdyvmduvmtyvntivmjgvyzc1owrmn2mtytk2ms00otbilwjjngqtmgqyotrlmdlhmdexl2ltywdllmpwzyjdlfsiccisinrodw1iiiwimzywedi3mcmixv0?sha=90c42e6057b464ca

Georgia exported 24.75 million bottles of wine to 41 countries from January to May 2017, adding $55.52 million to the economy.

Revenue increased by 58 percent from the same period in 2016, while the volume of exports increased by 64 percent, said the Georgian National Wine Agency, according to agenda.ge.

The top five countries that imported Georgian wine in January-May 2017 were:

Russia – 14,820,976 bottles
China – 3,234,144 bottles
Ukraine – 2,364,112 bottles
Kazakhstan – 1,048,195 bottles
Poland – 978,360 bottles

Wine exports also increased to the European Union (EU), China and other traditional export markets for Georgia, said the Georgian National Wine Agency.

This year exports of Georgian wine increased to:

France – 500 percent (89,986 bottles)
Israel – 253 percent (92,310 bottles)
Azerbaijan – 202 percent (77,202 bottles)
China – 160 percent (3,234,144 bottles)
Russia – 96 percent (14,820,976 bottles)
Belarus – 59 percent (416,962 bottles)
United States – 54 percent (148,470 bottles)
Ukraine – 28 percent (2,364,112 bottles)
Germany – 18 percent (167,296 bottles)
Poland – 17 percent (978,360 bottles)
Meanwhile, Georgia exported 5,521,594 bottles of Georgian brandy to 17 countries in the first five months of 2017. This was a 66 percent increase year-over-year (y/y).

So far this year, Georgia has generated $13.3 million from the sale of brandy abroad.

Georgia also exported 73,586 bottles of Chacha – 95 percent more compared to the same period of last year. By selling Chacha abroad Georgia generated $205,200, which was 47 percent increase y/y.

In total, Georgia has sold $100.8 million worth of alcoholic beverages in January-May 2017, including wine, brandy, chacha and others.

News.Az

Printer

Commentary

Most read articles

More from World

In The Region

Editor Picks

Azerbaijan Cuisine

Explore the food of Azerbaijan - from sherbet to succulent kebab, from baklava to fragrant pilaff

Follow us

Find us on Facebook

Real estate