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Exports In 2023, Latvia exported $47.4M in Beer, making it the 30th largest exporter of Beer in the world. At the same year, Beer was the 84th most exported product in Latvia. The main destination of Beer exports from Latvia are: Russia ($23M), Lithuania ($9.51M), Estonia ($5.1M), United Arab Emirates ($2.08M), and Netherlands ($1.28M).

The fastest growing export markets for Beer of Latvia between 2022 and 2023 were Russia ($17.9M), Spain ($672k), and Netherlands ($593k).

Imports In 2023, Latvia imported $85.7M in Beer, becoming the 28th largest importer of Beer in the world. At the same year, Beer was the 65th most imported product in Latvia. Latvia imports Beer primarily from: Lithuania ($20.3M), Belgium ($19.3M), Mexico ($15.8M), Estonia ($11.8M), and Netherlands ($6.51M).

The fastest growing import markets in Beer for Latvia between 2022 and 2023 were Belgium ($9.63M), Netherlands ($3.37M), and Lithuania ($3.27M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Beer. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$47.4M
IMPORTS (2023)$85.7M
NET TRADE (2023)-$38.2M

In 2023, Latvia exported $47.4M in Beer. The main destinations of Latvia exports on Beer were Russia ($23M), Lithuania ($9.51M), Estonia ($5.1M), United Arab Emirates ($2.08M), and Netherlands ($1.28M).

In 2023, Latvia imported $85.7M in Beer, mainly from Lithuania ($20.3M), Belgium ($19.3M), Mexico ($15.8M), Estonia ($11.8M), and Netherlands ($6.51M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Beer EXPORT MARKETS FOR Latvia WERE (2022 - 2023):
Russia$17.9M (345%)
Spain$672k (164%)
Netherlands$593k (86.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beer BY Latvia WERE (2022 - 2023):
China-$1.63M (-58.1%)
Lithuania-$1.19M (-11.1%)
Romania-$1.02M (-78.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Type
In 2023, Latvia's main exporting competitors in Beer were:
In 2023, Latvia's main importing competitors in Beer were:

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Trade Value of Beer by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $1.65M
TOP IMPORT POTENTIALNetherlands+ $1.13M

Beer’s highest export potential is China. With an export gap of $1.65M.   Beer’s highest import potential is Netherlands with an import gap of $1.13M.

See methodology.

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