Key Market Indicators
Latvian seafood exports are projected to hit nearly $139 million by 2028, up from approximately $133 million this year. This growth represents an average annual increase of 0.7%. However, since 2000, Latvia's seafood supply has seen a yearly decline of about 1.5%. In the 2023 rankings, Latvia placed 17th, with Croatia narrowly ahead at $133 million. India, Canada, and Denmark occupied the second, third, and fourth spots, respectively, in the global seafood export rankings.