2022
Flag  
GDP
$41.2BCURRENT US$
Rnk 97 / 186
2012-2022
Flag
GDP GROWTH
46.1%CURRENT US$
Rnk 74 / 186
2022
Flag
GDP PC 
$21,851CURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP PC GROWTH
57.8%CURRENT US$
Rnk 30 / 186

About

Latvia-Cook Islands In 2021, Latvia exported $982 to Cook Islands. The main products that Latvia exported to Cook Islands are N/A. During the last 18 years the exports of Latvia to Cook Islands have increased at an annualized rate of 2.26%, from $657 in 2003 to $982 in 2021.

In 2021, Latvia did not export any services to Cook Islands.

Cook Islands-Latvia In 2021, Cook Islands exported $88 to Latvia. The main products that Cook Islands exported to Latvia were N/A. During the last 18 years the exports of Cook Islands to Latvia have decreased at an annualized rate of 9.49%, from $530 in 2003 to $88 in 2021.

In 2021, Cook Islands did not export any services to Latvia.

Comparison In 2022,  Latvia ranked 75 in total exports ($22.9B). That same year, Cook Islands ranked 210 in total exports ($26.2M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Latvia exported $982 to Cook Islands. There were not main exports from Latvia to Cook Islands in 2021. During the last 18 years the exports of Latvia to Cook Islands have increased at an annualized rate of 2.26%, from $657 in 2003 to $982 in 2021.

In 2020, Cook Islands exported $88 to Latvia. There were not main exports from Cook Islands to Latvia in 2020. During the last 8 years the exports of Cook Islands to Latvia have decreased at an annualized rate of 9.49%, from $530 in 2012 to $88 in 2020.

Exports from Latvia (Flag) to Cook Islands (Flag) (2021)

Exports from Cook Islands (Flag) to Latvia (Flag) (2021)

Latest Data

Trade between Latvia (Flag) and Cook Islands (Flag)

Latvia Exports

Market Competitiveness

Color
Latvia
Top Destination
Lithuania$4.09B
Cook Islands
Top Destination
Japan$11M

This map shows whether countries import more from Latvia or Cook Islands. Each country is colored based on the difference in imports they receive from Latvia and Cook Islands or the difference in the growth in imports.

In 2021, countries that imported more from Latvia than Cook Islands were Lithuania ($4.09B), Estonia ($2.26B), and Germany ($1.44B).

In 2021, countries that imported more from Cook Islands than Latvia were Fiji ($22.5k).

Difference in imports from Cook Islands (Flag) and Latvia (Flag) (2022)

Comparative Advantage Latvia - Cook Islands

Flow
Scale

This chart compares trade between Latvia and Cook Islands by product, considering products traded by both, Latvia and Cook Islands.

During 2021, Latvia had a large net trade with Cook Islands in the exports of .

During 2020, Cook Islands had a large net trade with Latvia in the exports of .

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Latvia has comparative advantage over Cook Islands. Similarly, the more yellow a dot/product is, the more Cook Islands has comparative advantage over Latvia.

Product Space of Latvia (Flag) and Cook Islands (Flag) (2021)

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