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Exports In 2022, Latvia exported $7.35M in Alcohol > 80% ABV, making it the 55th largest exporter of Alcohol > 80% ABV in the world. At the same year, Alcohol > 80% ABV was the 332nd most exported product in Latvia. The main destination of Alcohol > 80% ABV exports from Latvia are: Lithuania ($3.87M), Estonia ($1.43M), Poland ($705k), Slovakia ($595k), and Belgium ($216k).

The fastest growing export markets for Alcohol > 80% ABV of Latvia between 2021 and 2022 were Lithuania ($1.4M), Poland ($705k), and Slovakia ($595k).

Imports In 2022, Latvia imported $34.1M in Alcohol > 80% ABV, becoming the 45th largest importer of Alcohol > 80% ABV in the world. At the same year, Alcohol > 80% ABV was the 166th most imported product in Latvia. Latvia imports Alcohol > 80% ABV primarily from: Slovakia ($14.1M), Russia ($5.81M), Turkey ($3.78M), Lithuania ($3.08M), and Poland ($2.87M).

The fastest growing import markets in Alcohol > 80% ABV for Latvia between 2021 and 2022 were Slovakia ($12.8M), Turkey ($3.78M), and Poland ($2.81M).

Latest Trends

Oct 2024

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 (2022)$7.35M
IMPORTS (2022)$34.1M
NET TRADE (2022)-$26.7M

In 2022, Latvia exported $7.35M in Alcohol > 80% ABV. The main destinations of Latvia exports on Alcohol > 80% ABV were Lithuania ($3.87M), Estonia ($1.43M), Poland ($705k), Slovakia ($595k), and Belgium ($216k).

In 2022, Latvia imported $34.1M in Alcohol > 80% ABV, mainly from Slovakia ($14.1M), Russia ($5.81M), Turkey ($3.78M), Lithuania ($3.08M), and Poland ($2.87M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Alcohol > 80% ABV EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Lithuania$1.4M (56.6%)
Poland$705k (1%)
Slovakia$595k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Alcohol > 80% ABV BY Latvia WERE (2021 - 2022):
France-$441k (-83.9%)
Estonia-$206k (-12.6%)
Belgium-$124k (-36.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Latvia's main exporting competitors in Alcohol > 80% ABV were:
In 2022, 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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