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Latvia Shrimp Industry Outlook 2022 - 2026

See how Latvia Shrimp performed compared to key markets such as the United States, China and Spain.

Key Market Indicators

Latvia is expected to see an increase in its shrimp imports and exports over the next 5 years. In 2021, Latvia imported 936,150 kilograms of shrimp, making it the 55th largest importer in the world. Lithuania was ahead with 961,040 kilograms. China, Spain and Japan were the top three importers, in that order. Latvia's shrimp exports in 2021 were 237,120 kilograms, making it the 58th largest exporter in the world. Tanzania was ahead with 277,100 kilograms. Ecuador, Argentina and Indonesia were the top three exporters, in that order. By 2026, Latvia's shrimp imports are forecast to reach 961,040 kilograms, up 0.4% year-on-year on average. This is a decrease of 4.4% from 1999. Latvia's shrimp exports are projected to reach 277,100 kilograms in 2026, a 2.5% year-on-year increase on average. This is an increase of 6.1% from 2000.

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