Abstract
The main objective of the article is to determine competitiveness of Georgian wine exports. Initially, it is shown the current situation of Georgian wine export industry. In analysis part it is taken first 28 countries, where Georgia exports the wine and the period is defined from 2008-2018. In the methodological part, in order to determine competitiveness of Georgian wine it is used the Trade Intensity Index, Revealed Comparative Advantage Index (Balassa Index) and the competitiveness Index of Wine Exports between Georgia and other countries. Based on the results and discussion it should be concluded that Georgia has revealed comparative advantage in the international wine market. In the international market it is difficult for Georgia to compete large-volume wine production EU countries: France, Italy and Germany. The revealed comparative advantage for USA and Canada is low on the international wine market. However, it is hard for Georgia to compete with the USA wines on the international market, while Georgian wines are more competitive than Canadian.
Highlights
In Georgian agricultural sector, winemaking plays one of the leading roles, because of Georgia has 8,000 years history of wine production and more than 500 endemic varieties of vines
The results showed that it is hard for Georgia to compete in the international wine market for the following countries: France, Italy, Germany, Lithuania, United Kingdom, the Netherlands and the United States
In 2015-2017 the situation has changed, it is hard for Georgia to compete with the Chinese wines on the international wine market
Summary
In Georgian agricultural sector, winemaking plays one of the leading roles, because of Georgia has 8,000 years history of wine production and more than 500 endemic varieties of vines. Georgia's agricultural development has untapped potential, including the development of the wine industry and its role in the development of the country's economy. The main objective of the presented article is to determine competitiveness of Georgian wine exports and to identify the main trends in this direction. The analysis of Georgian wine exports is presented and it is followed by a methodological part. The analysis of qualitative and quantitative methods used in the methodology provides results of the article. At the end of the article, the main conclusions are presented
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