Dependence on Russia – statistically critical goods
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Date
2022
Authors
Journal Title
Journal ISSN
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Publisher
Ivane Javakhishvili Tbilisi State University Press
Abstract
Georgia's highest economic dependence on Russia and a high concentration of the market is
threatening, as Russia has repeatedly used economic leverage against Georgia and other countries since
the collapse of the Soviet Union. As historical tendency of Georgia’s trade shows that Russian market is
extremely attractive for Georgian exporters and importers with the view of prices of products and
logistical issues. But at the same time it’s highly risky from the perspective of sustainability of
partnerships. For example, in 2006 Russia first cut off natural gas and electricity supplies to Georgia, then
virtually banned the export of products from Georgia to Russia. In this abstract two critical goods are
analyzed for Georgia’s exports and imports such as wine and wheat by reviewing the top producers and
consumers of the given products in the world. According to the official statistics, at the end of 2021
Russia ranked 1st place in export of Georgian wine with the share of 54.7% in total export of wine, while
The share of the top 10 countries amounted to 92.6% of the total wine export. Observing the dynamics of
imports of wheat from Russia to Georgia throughout the last year (2021) reveals that imports of wheat
from Russia (93.7%) has been the main source of imported wheat by a considerable margin. Therefore, it
is extremely important to know the level of dependence of the Georgian economy on Russia and the
tendency to strengthen resilience in the face of possible threats.
Description
1. Marshava, K. & Dzebisauri, L. (2013). The Perspective of the Market of Russia – Illusion or Reality? Journal
Economics (11-12), 2013. 23-39.
https://scholar.bpengi.com/%E1%83%94%E1%83%99%E1%83%9D%E1%83%9C%E1%83%9D%E1%83%9B
%E1%83%98%E1%83%99%E1%83%90/2013/11-
12/%E1%83%94%E1%83%99%E1%83%9D%E1%83%9C%E1%83%9D%E1%83%9B%E1%83%98%E1%83%9
9%E1%83%90_2013_11-12_p023-p039.html
2. Marshava, K. & Dzebisauri, L. (2016) Perspective and tendencies of Russian market for Georgia after
embargo. The International Scientific Conference. 337-344.
https://www.tsu.ge/data/file_db/economist_faculty/globaliz.pdf
E-references:
1. Transparency international Georgia. Georgia's economic dependence on Russia: Trade, tourism,
remittances, and Russian companies in Georgia. 10 March 2022, https://cutt.ly/4ZEuNwg
2. Geostat, household expenditure statistical data,
https://www.geostat.ge/en/modules/categories/51/households-expenditures
3. Geostat, external trade portal, http://ex-trade.geostat.ge/en
4. Geostat, food security statistical data, https://www.geostat.ge/en/modules/categories/297/foodsecurity
5. https://exportpotential.intracen.org/en/exporters/analyze?whatMarker=k&what=1001Xa&fromMarker=
i&toMarker=j&market=268
6. UN Comtrade Database. https://comtradeplus.un.org/TradeFlow
Keywords
Statistics, export, import, dependence, Russia
Citation
VII International Scientific Conference: "Challenges of Globalization in Economics and Business", Tbilisi, 2022, pp. 537-541