9 month data: Georgia exports 32m bottles of wine, earns $74m
Monday, October 10
People all over the world are enjoying the sweet taste of Georgia-made alcoholic beverages thanks to increased exports to all parts of the globe.
So far this year Georgia generated $126 million by selling wine, brandy, Chacha and other alcoholic beverages abroad.
Latest figures showed Georgian wine was becoming a sought after drink.
More than 32 million bottles of Georgian wine were exported to 50 countries in the first nine months of 2016, bringing $74.6 million back into the economy, said the National Wine Agency of Georgia.
Between January-September 2016, Georgia exported 35 percent more wine year-on-year (y/y), and generated 12 percent more revenue by selling 32,421,418 bottles of wine abroad.
The top five countries that imported Georgian wine in January-September 2016 were:
1. Russia 17,056,936 bottles
2. China 3,852,245 bottles
3. Ukraine 3,457,028 bottles
4. Kazakhstan 2,535,163 bottles
5. Poland 1,633,514 bottles
The National Wine Agency said wine exports increased to the European Union (EU), China and Georgias more traditional export markets.
Year-on-year exports of Georgian wine increased to:
China 154 percent (3,852,245 bottles)
Ukraine 61 percent (3,457,028 bottles)
United Kingdom 60 percent (67,522 bottles)
Belarus 51 percent (789,876 bottles)
Poland 47 percent (1,633,514 bottles)
Estonia 43 percent (485,688 bottles)
Kirgizstan 39 percent (163,966 bottles)
Russia 36 percent (17,056,936 bottles)
Germany 18 percent (223,862 bottles)
Japan 20 percent (134,808 bottles)
United States 5 percent (191,086 bottles)
Latvia 1 percent (841,098 bottles)
Meanwhile, the export of Georgia-made brandy also increased to over six million bottles. Figures showed a 34 percent y/y between January and September 2016.
In this time Georgia exported 6,016,653 bottles of brandy to 16 countries, worth $13.6 million (12 percent more y/y).