Vermouth in Latvia | The Observatory of Economic Complexity

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Exports In 2022, Latvia exported $52.6M in Vermouth, making it the 4th largest exporter of Vermouth in the world. At the same year, Vermouth was the 75th most exported product in Latvia. The main destination of Vermouth exports from Latvia are: Russia ($52.2M), Georgia ($137k), Estonia ($89.5k), Lithuania ($27.1k), and Kazakhstan ($26.3k).

The fastest growing export markets for Vermouth of Latvia between 2021 and 2022 were Russia ($45.1M), Estonia ($55.5k), and Georgia ($14.5k).

Imports In 2022, Latvia imported $27.3M in Vermouth, becoming the 9th largest importer of Vermouth in the world. At the same year, Vermouth was the 202nd most imported product in Latvia. Latvia imports Vermouth primarily from: Italy ($25.8M), Germany ($710k), France ($218k), Lithuania ($200k), and Spain ($124k).

The fastest growing import markets in Vermouth for Latvia between 2021 and 2022 were Italy ($18.3M), Germany ($303k), and Armenia ($56.5k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Vermouth from Latvia to the United States.

Feb 2024

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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 Vermouth. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$52.6M

IMPORTS (2022)$27.3M

NET TRADE (2022)$25.3M

In 2022, Latvia exported $52.6M in Vermouth. The main destinations of Latvia exports on Vermouth were Russia ($52.2M), Georgia ($137k), Estonia ($89.5k), Lithuania ($27.1k), and Kazakhstan ($26.3k).

In 2022, Latvia imported $27.3M in Vermouth, mainly from Italy ($25.8M), Germany ($710k), France ($218k), Lithuania ($200k), and Spain ($124k).