Malta / Latvia

Malta-Latvia Trade: In 2022, Malta exported $2.02M to Latvia. The main products that Malta exported to Latvia were Packaged Medicaments ($1.08M), Base Metal Watches ($432k), and Animal Food ($88.7k). Over the past 5 years the exports of Malta to Latvia have increased at an annualized rate of 13.4%, from $1.08M in 2017 to $2.02M in 2022.

In 2020, Malta exported services to Latvia worth $0, with being the largest in terms of value.

Latvia-Malta Trade: In 2022, Latvia exported $13.1M to Malta. The main products that Latvia exported to Malta were Wheat Flours ($2.52M), Planes, Helicopters, and/or Spacecraft ($2.32M), and Video Displays ($1.26M). Over the past 5 years the exports of Latvia to Malta have increased at an annualized rate of 3.31%,  from $11.1M in 2017 to $13.1M in 2022.

In 2020, Latvia exported services to Malta worth $32M, with Computer and information services ($14.8M), Communications services ($9.14M), and Other business services ($5.71M) being the largest in terms of value.

Comparison In 2022,  Malta ranked 127 in total exports ($4.87B). That same year, Latvia ranked 75 in total exports ($22.9B). Both countries does not have data related to Economic Complexity Index.