Latvia Export Data

Learn more about the Export Data of Latvia and their key export products.

How does the export of Latvia looks like in the world market?

Latvia, located in Northern Europe, has a developed economy with a strong focus on manufacturing, services, and transit trade. In 2019, the country's exports were valued at approximately USD 15 billion. Latvia primarily exports wood and wood products, machinery and equipment, metals, and food products. Its major export partners include Lithuania, Estonia, and Germany. By promoting innovation, supporting small and medium-sized enterprises, and expanding trade relations, Latvia aims to enhance its export capabilities, drive economic growth, and create employment opportunities.

How many real export shipments of Latvia can be seen on ABRAMS.wiki?

The Latvia Export Data comprises statistical data regarding the business activities in the country. This information is primarily utilized for conducting in-depth research on the export market of Latvia. Our extensive database encompasses over [MERGE TAG] shipment records of exports into Latvia. The Latvia trade data is derived from various documents such as Shipping Bills, Export Bills, Invoices, and other relevant import-export documentation.

Top 10 export Partners

Which are the Top 10 export Partners of Latvia based on our trade data?

Are you interested in gaining more information about export data?
Get your free demo and discover additional details about our export data.

Top 5 Export Product categories of Latvia

The top product categories exported by Latvia vary based on different periods and economic factors. During the last years the following categories were the most prominent:

1. Electrical machinery, apparatus and appliances and parts thereof

HS Code: 85
Description: HS Code 85 pertains to electrical machinery and equipment, sound recorders, television image recorders, and their associated parts. This broad category includes items like wires, batteries, loudspeakers, electric motors, generators, and microphones. It also includes radar apparatus, radio navigational aid apparatus, and different types of recording or reproducing apparatus.

2. Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

HS Code: 84
Description: HS Code 84 refers to the Harmonized System category for Nuclear reactors, boilers, machinery, and mechanical appliances. It includes parts thereof, sorted into specific subheadings for each type of item. It covers a wide range of equipment, from medical devices and engines, to air conditioning units and industrial assembly machines.

3. Wood and articles of wood; wood charcoal

HS Code: 44
Description: HS Code 44 categorizes goods broadly related to wood and wood products. Under this code, all types of wood (raw, treated, or processed), products made primarily from wood (like furniture, statuettes), and items like charcoal are classified. It includes both rough wood and worked goods.

4. Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

HS Code: 27
Description: HS Code 27 pertains to mineral fuels, mineral oils, and products of their distillation; bituminous substances; mineral waxes. This covers a broad range of petroleum and coal-based products including, but not limited to, coal, oil, petroleum gases, and bituminous mixtures. It also refers to the by-products of the petroleum industry.

5. Beverages, spirits and vinegar

HS Code: 22
Description: HS Code 22 refers to Beverages, Spirits, and Vinegar. This incorporates various types of non-alcoholic drinks like mineral water, fruit juices, as well as alcoholic beverages including wine, beer, spirits. Vinegar and substitutes fall in this category too. Good classification for beverage trade, not for tobacco or medicinal products.

Electrical machinery, apparatus and appliances and parts thereof
HS Code: 85
Description: HS Code 85 pertains to electrical machinery and equipment, sound recorders, television image recorders, and their associated parts. This broad category includes items like wires, batteries, loudspeakers, electric motors, generators, and microphones. It also includes radar apparatus, radio navigational aid apparatus, and different types of recording or reproducing apparatus.

Which are the most important countries Latvia is selling »Electrical machinery, apparatus and appliances and parts thereof« (HS Code: 85) to?: The most important countries Latvia is selling »Electrical machinery, apparatus and appliances and parts thereof« (HS Code: 85) to are:
Lithuania, Estonia, Russian Federation, Germany, Poland
Which companies in Latvia are selling »Electrical machinery, apparatus and appliances and parts thereof« (HS Code: 85)?: Companies in Latvia selling »Electrical machinery, apparatus and appliances and parts thereof« (HS-Code: 85) can be found within the Free Search of ABRAMS world trade wiki.
Who are the customers of »Electrical machinery, apparatus and appliances and parts thereof« (HS Code: 85) for suppliers from Latvia?: Customers for »Electrical machinery, apparatus and appliances and parts thereof« (HS-Code: 85) with suppliers from Latvia can be found within the Free Search of ABRAMS world trade wiki.

Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
HS Code: 84
Description: HS Code 84 refers to the Harmonized System category for Nuclear reactors, boilers, machinery, and mechanical appliances. It includes parts thereof, sorted into specific subheadings for each type of item. It covers a wide range of equipment, from medical devices and engines, to air conditioning units and industrial assembly machines.

Which are the most important countries Latvia is selling »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS Code: 84) to?: The most important countries Latvia is selling »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS Code: 84) to are:
Lithuania, Russian Federation, Estonia, Germany, Denmark
Which companies in Latvia are selling »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS Code: 84)?: Companies in Latvia selling »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS-Code: 84) can be found within the Free Search of ABRAMS world trade wiki.
Who are the customers of »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS Code: 84) for suppliers from Latvia?: Customers for »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS-Code: 84) with suppliers from Latvia can be found within the Free Search of ABRAMS world trade wiki.

Wood and articles of wood; wood charcoal
HS Code: 44
Description: HS Code 44 categorizes goods broadly related to wood and wood products. Under this code, all types of wood (raw, treated, or processed), products made primarily from wood (like furniture, statuettes), and items like charcoal are classified. It includes both rough wood and worked goods.

Which are the most important countries Latvia is selling »Wood and articles of wood; wood charcoal« (HS Code: 44) to?: The most important countries Latvia is selling »Wood and articles of wood; wood charcoal« (HS Code: 44) to are:
United Kingdom, Estonia, Germany, Sweden, Denmark
Which companies in Latvia are selling »Wood and articles of wood; wood charcoal« (HS Code: 44)?: Companies in Latvia selling »Wood and articles of wood; wood charcoal« (HS-Code: 44) can be found within the Free Search of ABRAMS world trade wiki.
Who are the customers of »Wood and articles of wood; wood charcoal« (HS Code: 44) for suppliers from Latvia?: Customers for »Wood and articles of wood; wood charcoal« (HS-Code: 44) with suppliers from Latvia can be found within the Free Search of ABRAMS world trade wiki.

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
HS Code: 27
Description: HS Code 27 pertains to mineral fuels, mineral oils, and products of their distillation; bituminous substances; mineral waxes. This covers a broad range of petroleum and coal-based products including, but not limited to, coal, oil, petroleum gases, and bituminous mixtures. It also refers to the by-products of the petroleum industry.

Which are the most important countries Latvia is selling »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS Code: 27) to?: The most important countries Latvia is selling »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS Code: 27) to are:
Lithuania, Poland, Germany, People's Republic of China, Italy
Which companies in Latvia are selling »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS Code: 27)?: Companies in Latvia selling »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS-Code: 27) can be found within the Free Search of ABRAMS world trade wiki.
Who are the customers of »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS Code: 27) for suppliers from Latvia?: Customers for »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS-Code: 27) with suppliers from Latvia can be found within the Free Search of ABRAMS world trade wiki.

Beverages, spirits and vinegar
HS Code: 22
Description: HS Code 22 refers to Beverages, Spirits, and Vinegar. This incorporates various types of non-alcoholic drinks like mineral water, fruit juices, as well as alcoholic beverages including wine, beer, spirits. Vinegar and substitutes fall in this category too. Good classification for beverage trade, not for tobacco or medicinal products.

Which are the most important countries Latvia is selling »Beverages, spirits and vinegar« (HS Code: 22) to?: The most important countries Latvia is selling »Beverages, spirits and vinegar« (HS Code: 22) to are:
Russian Federation, Ukraine, Lithuania, Estonia, Belarus
Which companies in Latvia are selling »Beverages, spirits and vinegar« (HS Code: 22)?: Companies in Latvia selling »Beverages, spirits and vinegar« (HS-Code: 22) can be found within the Free Search of ABRAMS world trade wiki.
Who are the customers of »Beverages, spirits and vinegar« (HS Code: 22) for suppliers from Latvia?: Customers for »Beverages, spirits and vinegar« (HS-Code: 22) with suppliers from Latvia can be found within the Free Search of ABRAMS world trade wiki.

What is the general Import and Export perspective of Latvia?

Latvia had a total export of 19,458,821.92 in thousands of US$ and total imports of 23,085,527.95 in thousands of US$ leading to a negative trade balance of -3,626,706.03 in thousands of US$. The Effectively Applied Tariff Weighted Average (customs duty) for Latvia is 1.28% and the Most Favored Nation (MFN) Weighted Average tariff is 2.03%. The trade growth is 10.91% compared to a world growth of 12.59%. GDP of Latvia is 39,725,383,601.21 in current US$. Latvia services export is 6,128,036,875.61 in BoP, current US$ and services import is 4,217,483,725.54 in Bop, current US$. Latvia exports of goods and services as percentage of GDP is 63.68% and imports of goods and services as percentage of GDP is 67.11%.

Source: World Bank

Are you looking to gain deeper insights into the overall outlook of this country?
Take advantage of our service and discover data about import and export from 193 countries.

Easily switch between import and export to learn more about our trade data.

Learn all about the world trade database with the highest valuable information!

The two paths to maximum competitive advantage:

The top benefits of ABRAMS.wiki in just one PDF.

We show you insights about your competitors, suppliers, and customers in our world trade database.

Latvia Export Data

How does the export of Latvia looks like in the world market?

How many real export shipments of Latvia can be seen on ABRAMS.wiki?

Which are the Top 10 export Partners of Latvia based on our trade data?

Top 5 Export Product categories of Latvia

1. Electrical machinery, apparatus and appliances and parts thereof

2. Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

3. Wood and articles of wood; wood charcoal

4. Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

5. Beverages, spirits and vinegar

Which are the most important countries Latvia is selling »Electrical machinery, apparatus and appliances and parts thereof« (HS Code: 85) to?

Which companies in Latvia are selling »Electrical machinery, apparatus and appliances and parts thereof« (HS Code: 85)?

Who are the customers of »Electrical machinery, apparatus and appliances and parts thereof« (HS Code: 85) for suppliers from Latvia?

Which are the most important countries Latvia is selling »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS Code: 84) to?

Which companies in Latvia are selling »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS Code: 84)?

Who are the customers of »Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof« (HS Code: 84) for suppliers from Latvia?

Which are the most important countries Latvia is selling »Wood and articles of wood; wood charcoal« (HS Code: 44) to?

Which companies in Latvia are selling »Wood and articles of wood; wood charcoal« (HS Code: 44)?

Who are the customers of »Wood and articles of wood; wood charcoal« (HS Code: 44) for suppliers from Latvia?

Which are the most important countries Latvia is selling »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS Code: 27) to?

Which companies in Latvia are selling »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS Code: 27)?

Who are the customers of »Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes« (HS Code: 27) for suppliers from Latvia?

Which are the most important countries Latvia is selling »Beverages, spirits and vinegar« (HS Code: 22) to?

Which companies in Latvia are selling »Beverages, spirits and vinegar« (HS Code: 22)?

Who are the customers of »Beverages, spirits and vinegar« (HS Code: 22) for suppliers from Latvia?

What is the general Import and Export perspective of Latvia?

Easily switch between import and export to learn more about our trade data.

Learn all about the world trade database with the highest valuable information!