Wine exports amounted to $ 1.856 billion in 2001-2020

Wine exports amounted to $ 1.856 billion in 2001-2020

access_time2021-01-25 14:12:19


Georgia’s wine exports amounted to $ 210 million in 2020 that  is 6.3% of total exports. Despite a nominal decline by  $ 13 million, its share increased by 0.4 percentage points in one year.

In 2001-2020, Georgia sold wine worth $ 1.856 billion that is 17% less than France's annual exports. Georgia's share of the global wine market is 0.6% that is  3-fold exceeds the total exports.

Russia ranks ninth in terms of wine imports (3.1% of the total imports), although still  more than 60% of Georgian wine is still sold in Russia.


If in 2005 wine export amounted to $ 81 million, after the Russian embargo in 2006 exports  halved, in 2007 it decreased to $ 29 million, and by 2012 grew to only $ 65 million. After the recovery of the Russian market, exports in 2013 exceeded $ 100 million, in 2019 exceeded $ 200 million.

The growth rate is relatively low but more stable in the spirits market. During the Russian embargo, in 2007-2012 alcohol exports exceeded wine.

 

In 2019, the United States imported Georgian wine worth $ 6.5 billion that is 5.4-fold  more than Russia, Britain 3.7 -fold more wine - $ 4.4 billion, Germany - $ 2.9 billion, and China – 2-fold more wine  than Russia - $ 2.4 billion.

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