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Georgia Earned $11 Million in Spice Exports in 2020 – Where Do We Sell Products?

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BM.GE
10.06.21 17:00
769
In 2020, Georgia earned $ 11 million from spice exports, slightly, 3.4% higher than the pre-pandemic figure. Official statistics show that last year the export volumes of spices decreased slightly.

In particular, 5 037.67 tons of spices were exported last year, and 5 331.47 tons in 2019. Consequently, we can say that the price of the product has slightly increased in the export markets.
 
As for export markets, the largest number of spices are sold in Russia, China and Ukraine. The list of TOP-10 exporting countries is as follows:

1. Russia - $ 4.2 million;
2. China - $ 3.5 million;
3. Ukraine - 1.5 million dollars;
4. Kazakhstan - 327.7 thousand dollars;
5. Uzbekistan - 236.47 thousand dollars;
6. Philippines - 187.5 thousand dollars;
7. US - 181.1 thousand dollars;
8. Turkey - 176.2 thousand dollars;
9. Armenia - 173.0 thousand dollars;
10. Belarus - 99.3 thousand dollars.

Last year, small quantities of spices were exported from Georgia to Israel, and exports totaled $ 2,000.

In January-April of this year, 2,153.81 tons of spices worth $ 4.9 million were exported to different countries of the world.