In the first six months of 2024, Georgia exported 54.5 million liters of wine, which is 26% more than the same period last year, RBC writes, citing data from the National Wine Agency.
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In the first half of the year, Russia accounted for 75% of Georgian wine exports. Deliveries amounted to 41 million liters worth $111 million, and overall wine exports from Georgia to Russia during this time increased by 36%. The average export price for 1 liter of Georgian wine, according to data for the first six months of 2024, is $2.88.
According to the National Wine Agency, the country’s income from wine exports in the first half of 2024 increased by 24% and amounted to $156.7 million. Four of the top five export countries are in the post-Soviet space. In addition to Russia, these are Kazakhstan, Ukraine and Belarus; the fifth country in terms of supply volumes is the United States.
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Supplies of Georgian wine to the Russian Federation increased by 74% in the first quarter of 2024