Wine in Latvia | The Observatory of Economic Complexity

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Exports In 2022, Latvia exported $168M in Wine, making it the 20th largest exporter of Wine in the world. At the same year, Wine was the 27th most exported product in Latvia. The main destination of Wine exports from Latvia are: Russia ($151M), Estonia ($6.12M), Lithuania ($3.2M), Belarus ($1.89M), and Kazakhstan ($1.21M).

The fastest growing export markets for Wine of Latvia between 2021 and 2022 were Russia ($47.8M), Estonia ($1.59M), and France ($487k).

Imports In 2022, Latvia imported $220M in Wine, becoming the 30th largest importer of Wine in the world. At the same year, Wine was the 19th most imported product in Latvia. Latvia imports Wine primarily from: Italy ($78.7M), France ($54.5M), Spain ($19.1M), Germany ($10.7M), and South Africa ($7.87M).

The fastest growing import markets in Wine for Latvia between 2021 and 2022 were Italy ($25.5M), Argentina ($6.42M), and South Africa ($4.91M).

Latest Trends

Sep 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 (2022)$168M

IMPORTS (2022)$220M

NET TRADE (2022)-$51.8M

In 2022, Latvia exported $168M in Wine. The main destinations of Latvia exports on Wine were Russia ($151M), Estonia ($6.12M), Lithuania ($3.2M), Belarus ($1.89M), and Kazakhstan ($1.21M).

In 2022, Latvia imported $220M in Wine, mainly from Italy ($78.7M), France ($54.5M), Spain ($19.1M), Germany ($10.7M), and South Africa ($7.87M).

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