Georgia earns $104m by exporting over 45m bottles of wine

Georgia 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 Georgia’s 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)