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latvia Trade Data Intelligence

latvia accounted for nearly 0.15% of global imports and 0.13% of global exports, worldwide in 2020.

$30.43 B
Exports value in 2020
$34.67 B
Imports value in 2020
-$4.24 B
Trade Surplus in 2020

The top 5 countries where latvia exportedin 2020 are Lithuania ($4.96 B), Estonia ($3.55 B), Russian Federation ($2.59 B), Germany ($2.20 B) and United Kingdom ($1.75 B).

The biggest import sources of latvia are Lithuania ($6.21 B), Germany ($3.62 B), Poland ($3.53 B), Estonia ($2.96 B) and Russian Federation ($2.13 B).

latvia's Exports 2020 - Top 5 countries

Lithuania

$4.96 B

Estonia

$3.55 B

Russian Federation

$2.59 B

Germany

$2.20 B

United Kingdom

$1.75 B
latvia's Imports 2020 - Top 5 countries

Lithuania

$6.21 B

Germany

$3.62 B

Poland

$3.53 B

Estonia

$2.96 B

Russian Federation

$2.13 B
Top 5 products latvia exports

Product: Wood and articles of wood; wood charcoal

HS Code: 44

Trade Value: $5.01 B

Product: Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles

HS Code: 85

Trade Value: $3.81 B

Product: Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

HS Code: 84

Trade Value: $1.93 B

Product: Cereals

HS Code: 10

Trade Value: $1.50 B

Product: Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof

HS Code: 87

Trade Value: $1.33 B

Top 5 products latvia imports

Product: Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles

HS Code: 85

Trade Value: $4.37 B

Product: Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

HS Code: 84

Trade Value: $3.44 B

Product: Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof

HS Code: 87

Trade Value: $2.41 B

Product: Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

HS Code: 27

Trade Value: $2.16 B

Product: Pharmaceutical products

HS Code: 30

Trade Value: $1.52 B

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Global trade data intelligence

1 Billion+
US and other countries' shipments

10 Million+
Global Buyers & Suppliers

$5 Trillion+
Annual Goods Trade

5000+
HS Codes with more than 10 years global trade trends

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Data points for each shipment

400K+
New shipments being added everyday