Georgia earns $104m by exporting over 45m bottles of wine
Wednesday, December 7Georgia has exported over 45 million bottles of wine to 53 countries in the first 11 months of 2016, bringing $104 million back into the economy.
Between January and November 2016 Georgia exported 45,628,091 bottles of wine - 40 percent more year-on-year (y/y), which generated 17 percent more revenue by selling its wine abroad, said the Georgian National Wine Agency.
The top five countries that imported Georgian wine in January-November 2016 were:
1. Russia 24,914,877 bottles
2. Ukraine 5,179,454 bottles
3. China 4,886,145 bottles
4. Kazakhstan 3,227,639 bottles
5. Poland 2,123,500 bottles
The Georgian National Wine Agency said wine exports had also increased to the European Union (EU), to China and other of Georgias more traditional export markets.
Year-on-year exports of Georgian wine increased to:
China 128 percent (4,886,145 bottles)
Ukraine 73 percent (5,179,454 bottles)
Belarus 62 percent (1,060,806 bottles)
Russia 48 percent (24,914,877 bottles)
Poland 47 percent (2,123,500 bottles)
Estonia 37 percent (588,450 bottles)
Canada 30 percent (198,456 bottles)
United States 27 percent (294,382 bottles)
United Kingdom 25 percent (87,428 bottles)
Latvia 15 percent (1,139,706 bottles)
Meanwhile, in the reporting period Georgia exported more than eight million bottles of Georgia-made brandy. Latest figures showed Georgia exported 8,952,795 bottles of brandy to 17 countries in the first 11 months of this year. This was a 37 percent increase y/y between January and November 2016.
So far this year, Georgia generated $20.14 million by selling brandy abroad.
In total, Georgia enjoyed $175.2 million by exporting wine, brandy, Chacha and all alcoholic beverages. This was 31 percent increase y/y. (Agenda.ge)