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International Internet Magazine. Baltic States news & analytics Sunday, 24.10.2021, 02:07

Black market for cigarettes at 25-28% in Latvia in H1

Nina Kolyako, BC, Riga, 24.10.2011.Print version
The State Revenue Service of Latvia reports that illegal cigarettes make up 24.6% to 28.5% of the total retail market in Latvia, according to 2011 year's first half figures.

SRS agents usually remove 16% contraband cigarettes from the market, and point out that a good average in Europe overall is 5-8%, writes LETA.


In 2010, SRS nabbed about 94 million such cigarettes, and the first half total this year already is 54 million, which has averted a EUR 8.1 million loss for the state.

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