ISET Economist Blog

28 June 2021

Ia Katsia, Salome Deisadze

Are Georgia’s Hazelnut Exports Back on Track?

Hazelnuts are one of Georgia’s top ten export commodities. During 2010-2020, hazelnuts accounted for around 4.4% of Georgia’s total exports (GeoStat, 2021). In 2013, the quantity of exported hazelnuts hit its maximum level at 30 ths tons, then decreased to 19 ths tons in the following years with an increase in the value indicating higher prices per exported kg of Georgian hazelnuts. In 2016, the quantity of exported hazelnuts amounted to 27 ths tons, which was the second highest indicator in the observed years (2010-2020) (Figure 1).

08 March 2021

Salome Gelashvili, Ia Katsia, Salome Deisadze

The Wheat Market in Georgia

On February 15th 2021, export quotas on wheat, rye, maize, and barley entered into force in Russia. Russia also imposed customs tariffs and prohibitive duties amounting to 50% of customs value on these products.

01 February 2021

Ia Katsia

COVID-19 in Georgia's Agriculture: a challenge, an opportunity or both?

The COVID-19 pandemic has led to widespread economic distress in many countries around the world. For the first time since 2009, the world’s gross domestic product (GDP) is expected to have declined in 2020. Alongside other sectors of the economy, such impacts are also being felt by the food and agricultural sector. The pandemic has affected food security and nutrition, supply chains, food and livestock production, and food safety.

30 November 2020

Ia Katsia

Food Security and COVID-19 in Georgia

Food supply systems are crucial to the economies of most developing countries, supplying the largest share of food production, and constituting livelihoods and a key source of income for the majority of the population (FAO, 2020). It is therefore vital to maintain the steady flow of goods and services required from local and international food supply chains to ensure the health of the population, and to protect their incomes and livelihoods.

12 October 2020

Salome Deisadze, Salome Gelashvili, Ia Katsia

To Subsidize or Not to Subsidize Georgia’s Wine Sector?

“Rtveli 2020” – a traditional vintage and rural harvest holiday in Georgia accompanied by feasts, musical events, and other celebrations started on August 26. This year, the Government of Georgia (GoG) is subsidizing the grape harvest to support growers in selling their products. 0.3 GEL of the total 0.8 GEL per kg of Rkatsiteli or Kakhuri Mtsvane is subsidized. In the case of extreme necessity, the GoG will be involved in the purchase of grapes as well.

22 June 2020

Ia Katsia, Salome Deisadze

The Impact of Food Safety Regulations on Agricultural Trade

From a trade perspective, the most important aspects of the EU-Georgia Association Agreement, signed on 27 June 2014, including the Deep and Comprehensive Free Trade Area (DCFTA), are the Sanitary and Phytosanitary (SPS) measures and the food safety standards and technical regulations required for access to European markets. Georgia’s export to the EU is still rather limited, and one possible cause for this deficiency, amongst others, is the limited capacity to comply with food safety regulations and standards.

ISET Economist Blog

A blog about economics in the South Caucasus financed within the institutional grant by the Government of Sweden.