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Exports In 2022, Latvia exported $38.3M in Beer, making it the 35th largest exporter of Beer in the world. At the same year, Beer was the 103rd most exported product in Latvia. The main destination of Beer exports from Latvia are: Lithuania ($9.98M), Estonia ($6.96M), Russia ($5.18M), China ($4.76M), and United Arab Emirates ($1.56M).

The fastest growing export markets for Beer of Latvia between 2021 and 2022 were Lithuania ($5.13M), Estonia ($4.36M), and Russia ($2.95M).

Imports In 2022, Latvia imported $65.5M in Beer, becoming the 36th largest importer of Beer in the world. At the same year, Beer was the 88th most imported product in Latvia. Latvia imports Beer primarily from: Lithuania ($16.6M), Estonia ($12.5M), Mexico ($11.6M), Belgium ($7.08M), and Germany ($6.51M).

The fastest growing import markets in Beer for Latvia between 2021 and 2022 were Belgium ($4.95M), Mexico ($4.4M), and Germany ($2.71M).

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 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 (2022)$38.3M
IMPORTS (2022)$65.5M
NET TRADE (2022)-$27.2M

In 2022, Latvia exported $38.3M in Beer. The main destinations of Latvia exports on Beer were Lithuania ($9.98M), Estonia ($6.96M), Russia ($5.18M), China ($4.76M), and United Arab Emirates ($1.56M).

In 2022, Latvia imported $65.5M in Beer, mainly from Lithuania ($16.6M), Estonia ($12.5M), Mexico ($11.6M), Belgium ($7.08M), and Germany ($6.51M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beer EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Lithuania$5.13M (106%)
Estonia$4.36M (168%)
Russia$2.95M (133%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beer BY Latvia WERE (2021 - 2022):
Ukraine-$521k (-55.1%)
Spain-$420k (-52.8%)
Germany-$276k (-70.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Latvia's main exporting competitors in Beer were:
In 2022, 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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