Countries Latvia Imports From
| Country | Value | Share |
|---|---|---|
| $3,361,594,940 | 17.3% | |
| $2,438,160,310 | 12.5% | |
| $2,349,305,370 | 12.1% | |
| $1,552,676,140 | 8% | |
| $866,429,070 | 4.5% | |
| $818,605,260 | 4.2% | |
| $787,310,240 | 4.1% | |
| $627,626,230 | 3.2% | |
| $570,851,470 | 2.9% | |
| $484,795,980 | 2.5% | |
| $483,686,120 | 2.5% | |
| $382,954,870 | 2% | |
| $320,492,600 | 1.6% | |
| $313,839,370 | 1.6% | |
| $297,660,870 | 1.5% | |
| $286,316,360 | 1.5% | |
| $279,618,630 | 1.4% | |
| $270,332,730 | 1.4% | |
| $219,076,040 | 1.1% | |
| $201,642,180 | 1% | |
| Total | $19,430,695,930 | |
Geographical Sourcing & Origin AnalysisOrigins
This dataset identifies the primary nations supplying Latvia. In 2024 the total import value reached$19,430,695,930.Lithuania emerged as the leading supplier, contributing17.3%to the sourcing mix across all 102 origins.
Products Latvia Imports
Product Category BreakdownImports
Classified by HS Codes, these statistics reveal the industrial components commodities entering Latvia. The most significant import category is Other medicaments of mixed or unmixed products, representing a 4% share of the 3929 major product groups tracked in our database.
Countries Latvia Exports To
| Country | Value | Share |
|---|---|---|
| $2,219,427,840 | 25.3% | |
| $611,624,630 | 7% | |
| $606,059,970 | 6.9% | |
| $568,425,240 | 6.5% | |
| $525,105,670 | 6% | |
| $413,903,520 | 4.7% | |
| $412,079,930 | 4.7% | |
| $353,018,940 | 4% | |
| $299,968,610 | 3.4% | |
| $264,124,400 | 3% | |
| $231,312,270 | 2.6% | |
| $219,195,200 | 2.5% | |
| $208,540,320 | 2.4% | |
| $159,464,780 | 1.8% | |
| $154,850,040 | 1.8% | |
| $127,324,740 | 1.5% | |
| $94,726,330 | 1.1% | |
| $81,844,190 | 0.9% | |
| $80,362,650 | 0.9% | |
| $71,125,640 | 0.8% | |
| Total | $8,757,200,660 | |
Global Destination MarketsTrade Routes
An analysis of Latvia export footprint, which saw a total outbound value of$8,757,200,660 in 2024.Lithuania remains the primary bilateral partner, accounting for25.3% of outbound supply channels.
Products Latvia Exports
Production & Manufacturing OutputExports
Identify Latvia top-performing manufacturing strengths. The dominant export sector is Coniferous wood sawn or chipped lengthwise, sli which contributes4.5% to the nation's overall output across3482 active export sectors.
Latvia Trade Performance Analysis
Economic Indicators & Market Flow • 2024
Based on 2024 trade records,Latvia maintains a robust commercial profile within Europe. The nation's trade architecture is heavily influenced by its export strength toLithuania, which represents 25.3% of its outbound market share across 123 destinations.
On the supply side, Latvia's industrial and consumer demand is largely met by imports from Lithuania, which accounts for approximately17.3% of its 102 trade origins. The integration of Other medicaments of mixed or unmixed products, into the local economy highlights a strategic dependency on specific global value chains, representing 4% of total imports across 3929 commodities.
The primary export for Latvia is Coniferous wood sawn or chipped lengthwise, sli, which accounts for roughly 4.5% of overall exports across 3482 product categories.
Market Dominance In Imports
17.3%from Lithuania
Primary Import
HS-300490
Other medicaments of mixed or unmixed products,
Market Dominance In Exports
25.3%to Lithuania
Primary Export
HS-440710
Coniferous wood sawn or chipped lengthwise, sli
Bilateral Integration
Latvia integration accounts for $28,187,896,590 annual value.
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