Latvia

Lithuania, Estonia, and Latvia present many opportunities for U.S. products along with challenges posed by competition in these markets. Exporters with product access to the EU-27 should give serious consideration to emerging markets in these new member states. The economies of the Baltic States lent themselves to niche markets for U.S. high value products. This region highly regards America and proudly displays their American linkage with a flag or geographic emphasis. The Baltic States' retail and HRI sectors are growing. The region's expanding food processing sector also provides opportunities for U.S. suppliers of a wide variety of raw ingredients. Most popular are U.S. consumer-ready and high-value food products, from fish and seafood, almonds, pistachios, wine,  spirits, beef, pet food to baking ingredients, and protein isolates.

Best High-Value Products Prospects:

  • Seafood
  • Beef
  • Wine
  • Nuts: almonds, walnuts
  • Dried fruit

Increasing preference of Latvian consumers towards healthier and vegetarian cuisine presents a strong potential for supplying the Latvian market with high quality fish and seafood products. Currently France, Spain and Scandinavia, mostly Norway, are the main competitors to the U.S. when it comes to the seafood supply to Latvia. A steady supply of high quality products is an important factor driving the purchase decision making process, as locally sourced supplies can vary in quality and quantities availability. Within the alcoholic beverages sector, the steady inflow of foreign tourists coming to Latvia on board cruise ships creates a potential for supplying the coastline stores with American wines and bourbon. Due to the fact that Latvia is a relatively small market, the country’s purchasing potential is too small to be able to buy directly from the U.S. Therefore, a reliable network of distributors with stocks in Europe is necessary to develop sales of U.S. products on this market. Currently, main competitors to the U.S. wines include France, New Zealand and Australia.

U.S. Embassy, Warsaw

This office covers Bulgaria, Estonia, Latvia, Lithuania, Poland and Romania.

11-48-22-504-2336

Upcoming Events

BIOFACH 2021
February 17, 2021 - February 20, 2021
Fruit Logistica 2021
May 18, 2021 - May 20, 2021 – Berlin
SIAL 2022
October 15, 2022 - October 19, 2022 – Paris

Past Events

USA Peanuts 2020 Virtual Crop Tour
November 24, 2020 - November 25, 2020
Free From Food Expo
June 24, 2020 - June 25, 2020 – Amsterdam
POSTPONED-PLMA
May 26, 2020 - May 27, 2020 – Amsterdam
POSTPONED - Seafood Expo Global 2020
April 21, 2020 - April 23, 2020 – Bruxelles

Reports for Latvia