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Georgia’s wine exports fall 15.8% amid sharp decline in Russian market

by Mariam Razmadze
October 9, 2025
in Business & Economy, News
Reading Time: 1 min read
Georgia’s wine exports fall 15.8% amid sharp decline in Russian market

Photo: Georgia Travel.

The National Statistics Office (Geostat) published data revealing that Georgia’s wine exports fell by 15.8% in the first eight months of 2025, totaling $165.6 million. Despite the decline, natural grape wine remains the country’s second-largest export product.

The drop is primarily driven by reduced sales in Russia, Georgia’s largest wine market. From January to August, exports to Russia totaled $103.3 million, accounting for 62% of total shipments — a 24% year-on-year decrease. The downturn follows Russia’s decision to raise excise taxes on imported alcohol last year, which sharply affected demand for Georgian wine.

Outside Russia, Poland ($11.5 million), Ukraine ($8.2 million) and China ($6.5 million) ranked among Georgia’s key wine buyers, followed by Kazakhstan, Belarus, the United States, Germany, Latvia and Lithuania.

As Geostat states, the country’s top exporting companies for the same period included Badagoni, Tbilvino, Teliani Valley, Kotekhi-Gurjaani Wine Factory, Askaneli Brothers, Dugladze Wine Company, Kakhetian Traditional Winery, Kakhetian Wine Cellar, Shalvino and Alaverdi Alcoholic Beverage Company.

While the Russian market continues to dominate Georgia’s wine exports, industry observers note growing interest from European and Asian buyers, a potential sign of gradual diversification in one of the nation’s signature export sectors.

Tags: Georgian WineGeostatwine exports
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