Metal Lathes in Latvia | The Observatory of Economic Complexity

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Exports In 2022, Latvia exported $2.26M in Metal Lathes, making it the 43rd largest exporter of Metal Lathes in the world. At the same year, Metal Lathes was the 530th most exported product in Latvia. The main destination of Metal Lathes exports from Latvia are: Lithuania ($2.05M), India ($137k), Germany ($42.7k), Netherlands ($13.2k), and Spain ($8.8k).

The fastest growing export markets for Metal Lathes of Latvia between 2021 and 2022 were Lithuania ($551k), India ($112k), and Spain ($8.8k).

Imports In 2022, Latvia imported $5.4M in Metal Lathes, becoming the 68th largest importer of Metal Lathes in the world. At the same year, Metal Lathes was the 506th most imported product in Latvia. Latvia imports Metal Lathes primarily from: Germany ($2.11M), South Korea ($649k), Chinese Taipei ($553k), United Kingdom ($546k), and Japan ($294k).

The fastest growing import markets in Metal Lathes for Latvia between 2021 and 2022 were United Kingdom ($546k), Germany ($202k), and Lithuania ($192k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Metal Lathes from Latvia to the United States.

Feb 2024

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Metal Lathes. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$2.26M

IMPORTS (2022)$5.4M

NET TRADE (2022)-$3.14M

In 2022, Latvia exported $2.26M in Metal Lathes. The main destinations of Latvia exports on Metal Lathes were Lithuania ($2.05M), India ($137k), Germany ($42.7k), Netherlands ($13.2k), and Spain ($8.8k).

In 2022, Latvia imported $5.4M in Metal Lathes, mainly from Germany ($2.11M), South Korea ($649k), Chinese Taipei ($553k), United Kingdom ($546k), and Japan ($294k).