Wine in Latvia | The Observatory of Economic Complexity

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Exports In 2023, Latvia exported $169M in Wine, making it the 19th largest exporter of Wine in the world. At the same year, Wine was the 23rd most exported product in Latvia. The main destination of Wine exports from Latvia are: Russia ($155M), Lithuania ($4.74M), Belarus ($2.57M), Estonia ($1.75M), and Kazakhstan ($1.33M).

The fastest growing export markets for Wine of Latvia between 2022 and 2023 were Russia ($4.22M), Belarus ($686k), and Uzbekistan ($572k).

Imports In 2023, Latvia imported $189M in Wine, becoming the 33rd largest importer of Wine in the world. At the same year, Wine was the 17th most imported product in Latvia. Latvia imports Wine primarily from: Italy ($93.4M), France ($28.9M), Spain ($16.9M), Germany ($9.17M), and Estonia ($7.8M).

The fastest growing import markets in Wine for Latvia between 2022 and 2023 were Italy ($16.7M), France ($5.95M), and Estonia ($1.75M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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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 Wine. 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

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Trade Value

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Growth (%)

Year

EXPORTS (2023)$169M

IMPORTS (2023)$189M

NET TRADE (2023)-$19.7M

In 2023, Latvia exported $169M in Wine. The main destinations of Latvia exports on Wine were Russia ($155M), Lithuania ($4.74M), Belarus ($2.57M), Estonia ($1.75M), and Kazakhstan ($1.33M).

In 2023, Latvia imported $189M in Wine, mainly from Italy ($93.4M), France ($28.9M), Spain ($16.9M), Germany ($9.17M), and Estonia ($7.8M).

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