Search Results for "georgia" in "Georgia" on Export Portal

Exports

Georgia is estimated the 63rd most complex economy according to the Economic Complexity Index. It is a free market economy, in which the agricultural sector plays the major role, employing 55 percent of the labor force and representing 7 percent of the country's GDP.

Georgia's main economic sector is agriculture, with viticulture being the most important branch. On this territory are cultivated about 450 species of vine and Georgia is recognized as one of the oldest winemaking places. In this context should be mentioned that vines and alcoholic beverages are in the top ten Georgia's exports. Another important agriculture field are nuts. They represent 6 percent of total exports and are exported in 53 countries.

Georgia has abundant hydro resources and has a great hydroelectric potential, which satisfies most of its energy needs. The country also has considerable amounts of spring waters and as a result the production of mineral waters is one of the main industrial sectors. 

Georgia also produces mining of manganese, copper, and gold. It is the largest producer of clay and a leading producer of building and crushed stone. 

It is worth mentioning that tourism is a fast growing economic sector as well, as in the recent years the number of visitors increased significantly.

Georgia has good relations with its neighbouring countries and is a member of the United Nations, the Council of Europe and the WTO. Georgia's main export partners are: Armenia, Azerbaijan, Bulgaria, Russia, Ukraine, US, Canada.

The most important Georgia exports are: nuts, wine, mineral water, fruits, fertilizers, motor cars, metals.

Customs requirements of Georgia

Georgia Customs

Website: http://www.mof.ge/ 

Address: Str. N16.0114 V.Gorgasali Tbilisi

Telephone:  +995 3226 1444

Georgia is a Eurasian country situated between the Greater and Lesser Caucasus mountain ranges. The country is bordered by the Black Sea, Russia, Armenia, Azerbaijan and Turkey. Georgia is a member of Council of Europe, World Trade Organization, Asian development bank, Organization of the Black Sea Economic Cooperation, Community of Democratic Choice.

Tariffs

Georgia has one of the most liberal foreign trade policies in the world, which is characterized by low import tariffs and simple customs procedures. The are no import tariffs for around 85 percent of products and there are no seasonal tariffs. However, an 18 % value added tax is applied to imported products. Georgia has a Free Trade Regime with all CIS members and Turkey, which means there are no custom import taxes between these countries.

Product certification, labelling and packaging

There are no restrictions of licensing requirements or other non-tariff barriers, except for necessity to protect public health, national security and environment. Here are some of the products which need an import license: products of floral origin subject to phytosanitary control, products subject to veterinary control, endangered wild flora or fauna specimens, nuclear, radioactive objects, military equipment etc. 

Packaging/Labelling: the following information must be presented on the package: the name of the product in English, product ingredients, declaration of quantity (weight, volume), the physical address of the manufacturer, nutrition facts, allergen declaration, handling conditions (ex. Keep frozen), product code and manufacturing day. 

Documents

The following documents are needed when exporting/importing to Georgia:

- Air waybill, railway bill or automobile waybill

- Bill of lading

- Commercial invoice

- Export and Import declaration (an official document which contains the detailed information on product, exporter and importer)

- Export and import licenses and permits 

- Certificate of origin

A detailed list of products requiring a license and ministries where the permits are granted can be found here: http://www.economy.ge/uploads/kanonmdebloba/sagareo_vachroba/ILPs_GEORGIA_nj.pdf

Sources:

http://www.economy.ge/en/economic-review/trade&type=print 

http://web.ita.doc.gov/tacgi/OverSeasNew.nsf/alldata/Georgia 

https://www.wto.org/english/thewto_e/countries_e/georgia_e.htm