Georgia's gold exports up 29% in Jan-Sept 2026

TBILISI. Nov 3 (Interfax) - Georgia exported unwrought gold worth $111.44 million in January-September 2026, up 28.9% year-on-year, according to materials from the country's National Statistics Office.

At the same time, gold exports in physical terms declined to 1 tonne in 9M from 1.6 tonnes in January-September last year.

Traditionally, Switzerland remains the main market for Georgia's gold exports (90% of supplies), with the remaining amount going to the UAE, Turkey and Hong Kong.

Georgia sold unwrought gold abroad worth $122 million (1.9 tonnes) in 2025, compared to $104.7 million (2.67 tonnes) in 2024.

Gold ore is mined in the country at 20 deposits located in various regions: Kvemo Kartli (eastern Georgia), Guria, Racha-Lechkhumi and Lower Svaneti, Samegrelo-Upper Svaneti, and Adjara (all in western Georgia). Georgian gold is extracted during the processing of copper concentrate.