Estonia-Latvia Trade: In 2022, Estonia exported $2.77B to Latvia. The main products that Estonia exported to Latvia were Electricity ($1.13B), Cars ($192M), and Petroleum Gas ($97M). Over the past 5 years the exports of Estonia to Latvia have increased at an annualized rate of 17.6%, from $1.23B in 2017 to $2.77B in 2022.
In 2020, Estonia exported services to Latvia worth $338M, with Other business services ($138M), Transportation ($70.7M), and Travel ($47.3M) being the largest in terms of value.
Latvia-Estonia Trade: In 2022, Latvia exported $2.26B to Estonia. The main products that Latvia exported to Estonia were Petroleum Gas ($372M), Sawn Wood ($81.6M), and Cars ($66.5M). Over the past 5 years the exports of Latvia to Estonia have increased at an annualized rate of 10.7%, from $1.36B in 2017 to $2.26B in 2022.
In 2020, Latvia exported services to Estonia worth $222M, with Other business services ($75.4M), Transportation ($61.7M), and Travel ($38.8M) being the largest in terms of value.
Comparison In 2022, Estonia ranked 74 in total exports ($23.1B). That same year, Latvia ranked 75 in total exports ($22.9B). Both countries does not have data related to Economic Complexity Index.