Latvia (LVA) and Fiji (FJI) Trade | OEC - The Observatory of Economic Complexity

About

Latvia-Fiji In 2021, Latvia exported $21.3k to Fiji. The main products that Latvia exported to Fiji are Broadcasting Equipment ($13.1k), Computers ($6.39k), and Broadcasting Accessories ($904). During the last 17 years the exports of Latvia to Fiji have increased at an annualized rate of 4.69%, from $9.79k in 2004 to $21.3k in 2021.

In 2021, Latvia did not export any services to Fiji.

Fiji-Latvia In 2021, Fiji exported $7.71k to Latvia. The main products that Fiji exported to Latvia were N/A. During the last 17 years the exports of Fiji to Latvia have increased at an annualized rate of 19.9%, from $352 in 2004 to $7.71k in 2021.

In 2021, Fiji did not export any services to Latvia.

Comparison In 2021, Latvia ranked 75 in total exports ($20B). That same year, Fiji ranked 159 in total exports ($1.08B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2021, Latvia exported $21.3k to Fiji. The main products exported from Latvia to Fiji were Broadcasting Equipment ($13.1k), Computers ($6.39k), and Broadcasting Accessories ($904). During the last 17 years the exports of Latvia to Fiji have increased at an annualized rate of 4.69%, from $9.79k in 2004 to $21.3k in 2021.

In 2019, Fiji exported $7.71k to Latvia. There were not main exports from Fiji to Latvia in 2019. During the last 16 years the exports of Fiji to Latvia have increased at an annualized rate of 19.9%, from $352 in 2003 to $7.71k in 2019.

Latest Data

Latvia Exports

Date

Market Competitiveness

Color

SectionYear

Latvia
Top Destination: Lithuania, $3.35B

Fiji
Top Destination: United States, $364M

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

In 2021, countries that imported more from Latvia than Fiji were Lithuania ($3.35B), Estonia ($1.81B), and United Kingdom ($1.5B).

In 2021, countries that imported more from Fiji than Latvia were Australia ($154M), New Zealand ($69.9M), and Tonga ($47.1M).

Comparative Advantage Latvia - Fiji

Flow

Scale

Year

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

During 2021, Latvia had a large net trade with Fiji in the exports of Machines ($21.2k), Miscellaneous ($169), and Textiles ($12).

During 2019, Fiji had a large net trade with Latvia in the exports of .

Economic Complexity

Competitive Landscape

Year

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 Fiji. Similarly, the more yellow a dot/product is, the more Fiji has comparative advantage over Latvia.

About

Historical Data

Bilateral Trade by Products

Latest Data

Latvia Exports

Market Competitiveness

Comparative Advantage Latvia - Fiji

Economic Complexity

Competitive Landscape

Related Profiles