Georgia's dependence on Russia is increasing.
According to Geostat, Russia's share in the wine exporting market increased up to 69.2% in January-February, while the rate stood at 60.4% in 2022. Exporting rates have deteriorated on the EU market. If in 2022, wine worth of USD 4.998 million was exported in the EU in January-Feburary, 2022, the figure decreased to USD 3.814 million in the same period of 2023. The decline was observed in Poland and Kazakhstan.
TOP-10 Wine Exporting Markets / January-February, 2023
1. Russia -USD 23.88 million
2. Ukraine - USD 1.75 million
3. Poland - USD 1.72 million
4. China - USD 1.72 million
5. Kazakhstan - USD 1.164 million
6. USA - USD 0.798 million
7. Germany - USD 0.653 million
8. Latvia - USD 0.570 million
9. Belarus - USD 0.387 million
10. United Kingdom - USD 0.333 million