2023
Flag  
GDP
$42.2BCURRENT US$
Rnk 100 / 195
2013-2023
Flag
GDP GROWTH
44.9%CURRENT US$
Rnk 86 / 195
2023
Flag
GDP PC 
$22,503CURRENT US$
Rnk 56 / 195
2013-2023
Flag
GDP PC GROWTH
55.4%CURRENT US$
Rnk 37 / 195

About

Latvia-South Sudan Trade: In 2023, Latvia exported $327k to South Sudan. The main products that Latvia exported to South Sudan were Packaged Medicaments ($295k), Broadcasting Equipment ($24k), and Aircraft parts (gliders, balloons, and powered aircraft) ($3.84k). Over the past 5 years the exports of Latvia to South Sudan have increased at an annualized rate of 154%, from $3.07k in 2018 to $327k in 2023.

In 2023, Latvia did not export any services to South Sudan.

South Sudan-Latvia Trade: In 2023, South Sudan exported $124 to Latvia. The main products that South Sudan exported to Latvia were N/A. Over the past 5 years the exports of South Sudan to Latvia have decreased at an annualized rate of 55%,  from $6.7k in 2018 to $124 in 2023.

In 2023, South Sudan did not export any services to Latvia.

Comparison In 2023,  Latvia ranked 80 in total exports ($19.9B). That same year, South Sudan ranked 167 in total exports ($701M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Latvia exported $327k to South Sudan. The main products exported from Latvia to South Sudan were Packaged Medicaments ($295k), Broadcasting Equipment ($24k), and Aircraft parts (gliders, balloons, and powered aircraft) ($3.84k). During the last 5 years the exports of Latvia to South Sudan have increased at an annualized rate of 154%, from $3.07k in 2018 to $327k in 2023.

In 2017, South Sudan exported $124 to Latvia. There were not main exports from South Sudan to Latvia in 2017. During the last 5 years the exports of South Sudan to Latvia have decreased at an annualized rate of 55%, from $6.7k in 2022 to $124 in 2017.

Exports from Latvia (Flag) to South Sudan (Flag) (2023)

Exports from South Sudan (Flag) to Latvia (Flag) (2023)

Latest Data

Trade between Latvia (Flag) and South Sudan (Flag)

Latvia Exports

Market Competitiveness

Color
Latvia
Top Destination
Lithuania$3.77B
South Sudan
Top Destination
China$354M

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

In 2023, countries that imported more from Latvia than South Sudan included Lithuania ($3.77B), Estonia ($1.26B), and Russia ($1.22B).

In 2023, countries that imported more from South Sudan than Latvia included Singapore ($206M), China ($354M), and Uganda ($23.6M).

Difference in imports from South Sudan (Flag) and Latvia (Flag) (2023)

Comparative Advantage Latvia - South Sudan

Flow
Scale

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

During 2023, Latvia had a large net trade with South Sudan in the exports of Chemical Products ($295k), Machines ($27.2k), and Transportation ($3.84k).

During 2017, South Sudan had a large net trade with Latvia in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Latvia and South Sudan. This means that a dot/product with the flag of Latvia indicates it has a comparative advantage over South Sudan. Similarly, a dot/product with the flag of South Sudan indicates it has a comparative advantage over Latvia.

Product Space of Latvia (Flag) and South Sudan (Flag) (2023)

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