The export of gold (unrefined or semi-refined or in the form of powder) from Georgia has increased by 48%. According to the National Statistics Office of Georgia (GEOSTAT), in the first half of 2022, gold worth 43,517 million dollars was exported from Georgia, and in the same period of 2021 - 29,431 million dollars.
Accordingly, the exports increased by 47.8%. According to statistical data, gold occupies the last position in the TOP-10 export basket with a share of 1.7%.
The main export market for the Georgian gold is Switzerland; more than 90% of the Georgian export gold was sold in Switzerland. Georgia’s export markets also include Germany, Turkey and the United Arab Emirates.
It is worth noting that the export of gold surpassed the pre-pandemic indicator, in January-June 2019, the Georgian gold worth 32.855 million dollars was sent to the export markets.
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