Latvia Export Data

Latvia Export Data

Latvia is a country in Europe. As per Latvia export data, the country’s exports valued USD 16.1 billion in 2020, decline by 12% from previous year of USD 705.8 billion. The total exports of the country reached all time high of 1614.18 in September 2021.

As per Latvia export trade data the value of merchandise exports from Latvia totalled $ 15.1 billion in 2020. Merchandise exports from Latvia rose by 5.18% compared to 2019. As per Latvia export custom data goods exports grew up by $ 749 million in 2020 the value of merchandise exports from Latvia amounted to $ 14.4 billion in 2019,

As per Latvia export statistics data shows Latvia was 80th exporter country in the world during 2020. Given the population of Latvia were 1.9 million people in 2020. Therefore, its value of total exports in 2020 translated to approximately USD 8,400 for every resident.

According to Latvia export trade statistics data, Latvia majority exports wood & articles, electrical machinery & equipment, machinery, beverages, spirits & vinegar, cereals and vehicles. As per Latvia export data, Latvia’s top export partners are Lithuania, Russia, Estonia, Germany, United Kingdom and Sweden.

Why Choose Our Latvia Export Data

Our Latvia shipment data is useful to every business type; start-ups to big corporates and every industry –Logistics and Market Researchers. Here is a short view about our Export data of Latvia:

Data Available Till date

100% Coverage Trade Activity

Monthly Update Time

Sea, Air & Road Shipments Covered

100% Data Authenticity

Data Available on 2, 4, 6 & 8 digit Level HS Code

Historical Data Available Since 2010

Discover High Growth

Discover High Volume

Latvia Export Custom Statistics Data Shows Top 10 Exporting Products In 2020 – Analysis By Chapter

  • 16.4% for Chapter 44 - Wood and articles of wood; wood charcoal value of 2.5 billion US$
  • 12% for Chapter 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles value of 1.83 billion US$
  • 6.39% for Chapter 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof value of 972 million US$
  • 4.88% for Chapter 10 – Cereals value of 742 million US$
  • 4.37% for Chapter 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof value of 665 million US$
  • 4.35% for Chapter 22 - Beverages, spirits and vinegar value of 661 million US$
  • 3.57% for Chapter 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes value of 543 million US$
  • 3.4% for Chapter 73 - Articles of iron or steel value of 517 million US$
  • 3.3% for Chapter 30 - Pharmaceutical products value of 502 million US$

Latvia Export Custom Trade Data Shows Top 10
Trading Partners
of Latvia

  • Lithuania with a share of 16.3% (2.47 billion US$)
  • Estonia with a share of 11.6% (1.77 billion US$)
  • Russia with a share of 8.5% (1.29 billion US$)
  • Germany with a share of 7.23% (1.09 billion US$)
  • United Kingdom with a share of 5.73% (870 million US$)
  • Sweden with a share of 5.7% (866 million US$)
  • Denmark with a share of 4.56% (693 million US$)
  • Poland with a share of 3.64% (554 million US$)
  • Netherlands with a share of 3.05% (463 million US$)
  • Finland with a share of 2.65% (404 million US$)

What our Latvia Export Data contains

Latvia export statistics data is a kind of Statistical data used for primary research of the market. Latvia export trade statistics data is calculated on shipping bills, export bills, invoices, and other export documents. It contains Year, Month, HS Code, Product Description, Quantity, Destination Country & Values Information. It gives a bird’s eye view of the country’s export business.

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