Georgia wine exports in H1 driven by Russian demand

Georgian wine exports in the first half of the year have recorded double-digit growth in both volume and value, driven by bullish demand from Russia, and new markets in countries such as Japan.

The ancient winemaking country’s exports from January to June rose by 21% year-on-year to 38.2 million bottles, while its value jumped 28% to US$90.3 million, according to figures released by its official wine trade organisation, National Wine Agency.

Russia still remains the country’s biggest export market with more than 24 million bottles of Georgian wines shipped during the period, followed by Ukraine (4.19 million bottles), China (2.9 million bottles), Kazakhstan (1.65 million bottles) and Poland (1.57 million bottles).

China briefly surpassed Ukraine to become its second biggest export market last year, but its ranking has slid to third place during the first half of the year.

The two countries’ Free Trade Agreement has become effective since January this year.

Other countries, such as Japan, the Czech Republic, Kyrgyzstan and South Korea, have registered “remarkable” growth despite a smaller base.

In addition to wine, the country exported 8.4 million bottles (0.5 litres) of brandy to 20 countries worldwide, which is 23% higher than the same period last year. Exported brandy amounted to US$17million, a year-on-year increase of 6%.

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to our newsletters

Wine Trader

Vintage Capital II PLC
London, UK

International Marketing Assistant

iDealwine
Paris, France

Senior Partner Manager - Managed On-Trade

Maverick Drinks
United Kingdom

Brand Activation Executive

Pernod Ricard UK
London, UK

Logistics Administrator

Swig Wines Ltd
London

Customer Service Manager

Jascots Wine Merchants
London, UK

Transport Manager

Jascots Wine Merchants
London, UK

Head of Customer Services

Berkmann Wine Cellars
London, UK

International Logistics Manager

Wine Source
London, UK

PR Manager

Master of Malt
Tonbridge, UK

International Bulk Wine & Spirits Show (IBWSS)

California,USA
25th Jul 2018

Cape Wine 2018

Cape Town,South Africa
12th Sep 2018

The Wine & Spirits Show

London,United Kingdom
12th Oct 2018
Click to view more

The Global Malbec Masters 2018

Deadline : 1st August 2018

Champagne Masters 2018

Deadline : 1st August 2018

Click to view more

The Global Malbec Masters 2017

the drinks business is proud to announce the inaugural Global Malbec Masters 2017

The Global Sparkling Masters 2017

the drinks business is thrilled to announce the launch of The Global Sparkling Masters.

Click to view more