Latvia / Slovenia

Latvia-Slovenia Trade: In 2022, Latvia exported $38.3M to Slovenia. The main products that Latvia exported to Slovenia were Packaged Medicaments ($4.14M), Glass Fibers ($3.74M), and Glaziers Putty ($2.2M). Over the past 5 years the exports of Latvia to Slovenia have increased at an annualized rate of 21.5%, from $14.5M in 2017 to $38.3M in 2022.

In 2020, Latvia exported services to Slovenia worth $37.7M, with Communications services ($27.4M), Other business services ($6.85M), and Transportation ($2.28M) being the largest in terms of value.

Slovenia-Latvia Trade: In 2022, Slovenia exported $86M to Latvia. The main products that Slovenia exported to Latvia were Packaged Medicaments ($40.1M), Vaccines, blood, antisera, toxins and cultures ($5M), and Tractors ($4.2M). Over the past 5 years the exports of Slovenia to Latvia have increased at an annualized rate of 3.37%,  from $57.8M in 2017 to $86M in 2022.

In 2020, Slovenia exported services to Latvia worth $14.2M, with Other business services ($11.2M), Transportation ($1.03M), and Travel ($800k) being the largest in terms of value.

Comparison In 2022,  Latvia ranked 75 in total exports ($22.9B), and does not have data regarding Economic Complexity Index. That same year, Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B).