Hazelnut exports from Georgia show a decrease. According to Geostat, USD 66.3 million worth of nuts and walnuts were exported in 10 months, which hit a record low in 2020. The exports of nuts decreased by 12% y-o-y.
The exports of nuts and walnuts have increased in recent months. According to Geostat, USD 12 million worth of nuts were exported from Georgia in September, while in October the figure stood at USD 14 million, which was the highest figure during the year.
The dynamics of nuts and walnuts exports by years:
2019 - USD 45.7 million
2020 - USD 68.17 million
2021 - USD 90.04 million
2022 - USD 75.3 million
2023 - USD 66.3 million
According to official statistics, in January-October, the main sales market for nuts was the EU countries. In addition, the list of exporting countries includes Armenia, Russia, Kazakhstan, Ukraine, Saudi Arabia, Belarus, Argentina, Morocco, etc.
Top-5 Exporting Markets
1. Italy - USD 12.3 million
2. Germany - USD 8.5 million
3. Turkey USD 6.4 million
4. Spain - USD 4.9 million
5. Armenia - USD 3.7 million