As the Head of the National Wine Agency of Georgia, Levan Mekhuzla, stated, the Georgian wine export will remain stable this year. He said it is expected that this year the export rate will be at the level of 2021, or in the conditions of a relatively negative scenario, it will decrease slightly.

In January-May 2022, 1,576 tons of grapes worth of 1.7 million dollars were imported into Georgia, which is 267 tons more than the volume reported in the same period last year. In 5 months of 2021, Georgia purchased 1,309 tons of products worth of 1.4 million dollars.

The National Bank of Georgia has set a new exchange rate, according to which, the price of 1 dollar has become GEL 2.9077.

The American SpaceX satellite Internet company Starlink plans to start operating in the Georgian market. Ekaterine Imadedze, a member of the Georgian National Communications Commission, spoke about the negotiations with the company. According to her, the company considers the main market of its service to be those areas of Georgia where there is currently no broadband Internet coverage.

Golden Tulip Design Tbilisi Hotel will open in Tbilisi on July 4. As Tornike Janashvili, the executive director of the investment company "Block-Invest" said, the 4-star hotel on Ketevan Tsamuli Avenue has been completed. 

The National Tourism Administration of Georgia hosted the famous actor and influencer Saoud Al Kaabi from the United Arab Emirates. Saoud Al Kaabi is a popular actor and TV producer of TV series in the Persian Gulf countries.

The National Bank of Georgia has set a new exchange rate, according to which, the price of 1 dollar has become GEL 2.9283.

From August 1, the low-cost European airline Wizz Air will return the second based aircraft to the Kutaisi International Airport and resume regular direct flights from Georgia to the capitals of France and Estonia.

“A Georgian leather accessories manufacturer company Gepherrini will soon start selling its products in the Chinese market,” - "Enterprise Georgia" reports.

“Georgia’s economy grew by 11.6% in May compared to the same period last year,” - according to a report released by the National Statistics Office of Georgia (Geostat) today. In the first 5 months of 2022, the total economic growth rate was 11.2%.

Mikheil Khidureli, the Director of the Enterprise Georgia Agency, visited a beneficiary coffee producer Mondo, which exports and sells the Georgian coffee at its branch in the USA, California. According to the Agency, the coffee factory Mondo is a beneficiary of the industrial component of the Agency. The enterprise was opened a few years ago with the financial support of the Agency. GEL 5 million has been invested in the project, which currently employs 50 people.

"Both almonds and walnuts are a new industry to us. In the past, our ancestors used to collect walnuts and sell them, but it has never had such an orderly industrial function," - Tornike Latatia, the founder of the Almond and Walnut Producer Association, told Radio Commersant. According to him, the trends through which these industries operate in the other countries are new for Georgia.

According to EastFruit analysts, the prices for the new potato crop in Georgia have fallen sharply. Many Georgian farmers have planted large quantities of potatoes in anticipation of a rise in commodity prices due to Russia's invasion of Ukraine and, consequently, food security risks in the region, despite the rising production costs.

Despite the closure of the Baku-Supsa pipeline, the oil flow through Georgia's oil corridor has not been stopped; the cargo has been transferred mainly to the Baku-Tbilisi-Ceyhan pipeline, while the tankers are being filled at the Ceyhan Port. 

The price of coffee in the world is growing, therefore, coffee imports to Georgia have already increased by 30% annually. Coffee prices rose significantly in February this year, when the international price reached a 10-year high of $ 2.60 per pound. The sharp rise in grain prices started as early as 2021, when the price was in the range of $ 1.25, but in one year, it almost doubled and now reaches $ 2.25.

The highest price for the Georgian wine is paid in the USA. According to the American Association of Wine Economists (AAWE), in 2021 the average price of wine exported from Georgia to the United States exceeded $ 6 per liter. The organization notes that the price of the Georgian wine in the US is rising, in contrast to the trend in other major markets.

Georgia will ban the export of wheat and barley from the country from July 4, 2022 to July 4 next year. This decision has already been made by the government. According to the Minister of Environment and Agriculture of Georgia, Otar Shamugia, given the situation in the region, in order to ensure food security, it is important to sell locally produced wheat and barley only in the domestic market.

The National Bank of Georgia has set a new exchange rate, according to which, the price of 1 dollar has become GEL 2.9336.

In January-May, Georgia bought 2,047 tons of strawberries worth $ 612 thousand, which is 1,136 tons more than the volume reported in the same period last year. In 5 months of 2021, the country imported 911 tons of strawberries worth $ 289.5 thousand. 

According to the summarized data of 2021, there is a 61% rate of flight recovery and a 48% rate of recovery of passenger flow. This is stated in the 2022 report of the government of Georgia.