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Exports In 2023, Latvia exported $6.34M in Alcohol > 80% ABV, making it the 57th largest exporter of Alcohol > 80% ABV in the world. At the same year, Alcohol > 80% ABV was the 349th most exported product in Latvia. The main destination of Alcohol > 80% ABV exports from Latvia are: Montenegro ($2.87M), Lithuania ($2M), Estonia ($764k), Greece ($140k), and Poland ($136k).

The fastest growing export markets for Alcohol > 80% ABV of Latvia between 2022 and 2023 were Montenegro ($2.87M), Greece ($140k), and France ($65.2k).

Imports In 2023, Latvia imported $15.7M in Alcohol > 80% ABV, becoming the 56th largest importer of Alcohol > 80% ABV in the world. At the same year, Alcohol > 80% ABV was the 272nd most imported product in Latvia. Latvia imports Alcohol > 80% ABV primarily from: Ukraine ($6.16M), Slovakia ($4.31M), Russia ($1.99M), United States ($1.09M), and Lithuania ($738k).

The fastest growing import markets in Alcohol > 80% ABV for Latvia between 2022 and 2023 were Ukraine ($4.8M), Belgium ($197k), and United States ($84.1k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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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 Alcohol > 80% ABV. 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)$6.34M
IMPORTS (2023)$15.7M
NET TRADE (2023)-$9.36M

In 2023, Latvia exported $6.34M in Alcohol > 80% ABV. The main destinations of Latvia exports on Alcohol > 80% ABV were Montenegro ($2.87M), Lithuania ($2M), Estonia ($764k), Greece ($140k), and Poland ($136k).

In 2023, Latvia imported $15.7M in Alcohol > 80% ABV, mainly from Ukraine ($6.16M), Slovakia ($4.31M), Russia ($1.99M), United States ($1.09M), and Lithuania ($738k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Alcohol > 80% ABV EXPORT MARKETS FOR Latvia WERE (2022 - 2023):
Montenegro$2.87M (1%)
Greece$140k (1%)
France$65.2k (131%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Alcohol > 80% ABV BY Latvia WERE (2022 - 2023):
Lithuania-$1.8M (-47.3%)
Poland-$516k (-79.2%)
Slovakia-$443k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Type
In 2023, Latvia's main exporting competitors in Alcohol > 80% ABV were:
In 2023, Latvia's main importing competitors in Alcohol > 80% ABV were:

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Trade Value of Alcohol > 80% ABV by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALNetherlands+ $255k
TOP IMPORT POTENTIALUnited States+ $964k

Alcohol > 80% ABV’s highest export potential is Netherlands. With an export gap of $255k.   Alcohol > 80% ABV’s highest import potential is United States with an import gap of $964k.

See methodology.

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