Business
Posted: 1 year ago

Georgia Sold Over 2 Tons of Gold Abroad in 2022

Georgia's income from unprocessed or semi-processed gold exports was USD 81 million 476 thousand in 2022, with over 2 tons sold abroad.

Although gold wasn't among the major exporting commodities in the past 5 years, its exports increased 26.8% and ranked 13th in 2022.

The main market for Georgian gold was Switzerland, accounting for 93.8% of sales. Other countries buying Georgian gold were Germany, Turkey, and the United Arab Emirates.

The top 5 gold exporting companies in Georgia were LLC RMG Gold, LLC Avaza, MFO Rico Express, LLC Sastsori, and GT Group.