Browse Data and Analysis

Korea’s wine import sector has been undergoing a stabilizing phase since the explosive growth around 2021. In 2023, wine imports reached 506 million USD, down 12.9 percent from the previous year, totaling 56.5 million kg, a decrease of 20.4 percent compared to 2022.

Baltic States’ wine consumption has steadily increased in recent years due to higher disposable incomes, easier access to higher quality products, and evolving consumer trends. Since the Baltic States are European Union (EU) Member States, Baltic wine importers and distributors enjoy relatively easy access to wines available within the common market, including many U.S. wines which generally enter the EU through Western European ports of entry or Lithuania.