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Home CHINA EU NEWS

Georgia sees increase in revenues from exported wine

by 198 China News
August 11, 2021
in CHINA EU NEWS
2 min read
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Georgia sees increase in revenues from exported wine
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BAKU, Azerbaijan, Aug. 11

By Tamilla Mammadova – Pattern:

Revenues from wine exports in Georgia reached $125 million in July 2021, which is 9 p.c greater than in the identical interval final yr, Pattern stories by way of the Nationwide Wine Company.

The quantity of exported wine has additionally elevated by 12 p.c.

The dynamics of export development within the strategic markets of Georgian wine is maintained: Poland – 28 p.c (3.26 million bottles), China – 7 p.c (3.14 million bottles), the US – 26 p.c (565,876 bottles), Germany – 18 p.c (439,042 bottles) and the UK – 85 p.c (395,082 bottles).

This yr, the expansion is important in international locations similar to: Canada – 93 p.c (189,562 bottles), Sweden – 60 p.c (66,772 bottles), Czech Republic – 589 p.c (95,406 bottles), Kazakhstan – 35 p.c (2.1 million bottles), Israel – 78 p.c (299,067 bottles), Azerbaijan – 41 p.c (133,391 bottles), Turkey – 436 p.c (77,226 bottles), Ukraine – 15 p.c (6.40 million bottles), Russia – 9 p.c(33 million bottles), Mongolia – 261 p.c (266,250 bottles).

The highest 5 Georgian wine exporting international locations are: Russia, Ukraine, Poland, China and Kazakhstan.

Some 337 firms exported completely different amount of wine from Georgia.

As well as, in the course of the reporting interval, 18.6 million bottles of brandy had been exported, which is 17 p.c greater than the identical interval in 2020. Revenues from brandy exports reached $34.5 million (up 6.4 p.c).

Some 421,000 bottles (0.5 l) of Chacha had been exported, the export development was 63 p.c. Revenues from Chacha exports reached $1.1 million. The expansion, in comparison with the identical interval final yr, amounted 57 p.c.

Exports of wine, brandy, Chacha, brandy spirits and brandy on faucet amounted to $202.4 million in income, up 14 p.c from the identical interval final yr.

—

Observe the creator on Twitter: @Mila61979356



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