China / Latvia

Overview In February 2024, China exported $56.6M and imported $17.3M from Latvia, resulting in a positive trade balance of $39.3M. Between February 2023 and February 2024 the exports of China have increased by $4.07M (7.75%) from $52.5M to $56.6M, while imports decreased by $-4.72M (-21.4%) from $22M to $17.3M.

Trade In February 2024, the top exports of China to Latvia were Telephones ($9.4M), Other Nitrogen Compounds ($5.58M), Other Electrical Machinery ($4.48M), Commodities not elsewhere specified ($3.47M), and Computers ($3.16M). In February 2024 the top imports of China from Latvia were Rough Wood ($10.5M), Peat ($5.02M), Scrap Copper ($3.24M), Telephones ($966k), and Motor vehicles; parts and accessories (8701... ($868k).

Origins In February 2024 the exports of China were mainly from Guangdong Province ($17.7M), Zhejiang Province ($13.9M), Jiangsu Province ($10.7M), Shandong Province ($3.62M), and Shanghai Province ($2.52M), while imports destinations were mainly Fujian Province ($3.63M), Shanghai Province ($2.86M), Zhejiang Province ($2.75M), Shandong Province ($2.4M), and Guangdong Province ($2.36M).

Growth In February 2024, the increase in China's year-by-year exports to Latvia was explained primarily by an increase in product exports in Other Electrical Machinery ($4.3M or 2.48k%), Other Organo-Inorganic Compounds ($2.31M or 655%), and Telephones ($2.21M or 30.7%). In February 2024, the decrease in China's year-by-year imports  from Latvia was explained primarily by an decrease in product imports  in Refined Copper ($-1.6M or -70.9%), Sawn Wood ($-848k or -55.2%), and Raw Aluminium ($-644k or -59.4%).