Canada-Latvia In 2022, Canada exported $325M to Latvia. The main products that Canada exported to Latvia are Planes, Helicopters, and/or Spacecraft ($268M), Gas Turbines ($12.1M), and Refined Petroleum ($11.1M). During the last 27 years the exports of Canada to Latvia have increased at an annualized rate of 15.6%, from $6.54M in 1995 to $325M in 2022.
In 2020, Canada exported services to Latvia worth $746k, with Computer and information services ($746k) being the largest in terms of value.
Latvia-Canada In 2022, Latvia exported $65.2M to Canada. The main products that Latvia exported to Canada were Hard Liquor ($12.4M), Compasses ($6.09M), and Broadcasting Equipment ($4.6M). During the last 27 years the exports of Latvia to Canada have increased at an annualized rate of 10.7%, from $4.24M in 1995 to $65.2M in 2022.
In 2020, Latvia exported services to Canada worth $18.3M, with Other business services ($9.14M), Computer and information services ($6.85M), and Transportation ($1.14M) being the largest in terms of value.
Comparison In 2022, Canada ranked 31 in the Economic Complexity Index (ECI 0.85), and 9 in total exports ($587B). That same year, Latvia ranked 75 in total exports ($22.9B), and does not have data regarding Economic Complexity Index.