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Despite the pandemic, the growth trend of Georgian wine exports is maintained

Despite the pandemic, the growth trend of Georgian wine exports is maintained
27.04.2021

In the first quarter of 2021, up to 19 million bottles (0.75 l) of wine were exported from Georgia to 52 countries around the world. The value of exported wine reaches $ 44 million.
Exports increased to strategic markets of Georgian wine: China - 29% (959,040 bottles), Lietuva - 38% (245,940 bottles), USA - 3% (237,878 bottles), Estonia - 22% (161956 bottles), Japan - 11% (51346 bottles) And the UK - 2% (117118 bottles).
Exports are also growing in: Canada - 31% (67,770 bottles), Kazakhstan - 57% (793,114 bottles), Israel - 56% (131,626 bottles), Azerbaijan - 66% (87,449 bottles), Turkey - 115% (30,930 bottles).
During this period, 205 companies exported different volumes of Georgian wine.
Despite the pandemic, both in 2020 and this year, marketing events are mainly held in remote formats to maintain the growth trend of Georgian wine exports.
As a result, in the first quarter of 2021, the volume of wine exports increased by 2% compared to the same period in 2020, however, the value is 5% lower, which is due to the reduction of prices in world wine markets in a pandemic situation.
It should be noted that in addition to Georgian wine, in the first quarter of 2021, 7.4 million bottles (0.5 l) of brandy and 111 thousand bottles (0.5 l) of Chacha were exported from Georgia.
In total, revenues from exports of wine, brandy, Chacha, brandy alcohol and brandy on tap amounted 73 million USD, which is 4% more than the same period last year.

Georgian Wine