Export of Georgian agricultural products to EU on rise

The value of the country’s exports decreased 22% while imports dropped by 25% y/y in January, said Geostat. Photo by N. Alavidze/Agenda.ge.
Agenda.ge, 03 May 2018 - 17:37, Tbilisi,Georgia

The export of Georgian agricultural products to the EU countries is on the rise, says the Ministry of Agriculture of Georgia.

Georgia’s leading exports - wine and spirits, hazelnuts, wine and mineral waters – added value back into the country’s economy.

In the first quarter of 2018, Georgia exported agricultural goods worth $37.8 million which is a 22.1 percent increase compared to the same quarter of 2017.

Specifically, the following products saw a significant increase in export capacity:

  • Alcoholic drinks – 112 percent increase y/y (worth $6.3 million)
  • Wine – 62 percent increase (worth $1.9 million)
  • Mineral water – 21 percent increase (worth $0.7 million)
  • Processed hazelnuts – 37 percent increase (worth $0.6 million)

The export of Georgian agricultural products was mainly increased to the following EU countries:

  • France – $6.9 million
  • Lithuania – $5.5 million
  • Spain – $3.7 million
  • The Netherlands – $3.3 million