Poland / Latvia

Poland-Latvia In 2021, Poland exported $2.07B to Latvia. The main products that Poland exported to Latvia are Video Displays ($84.2M), Motor vehicles; parts and accessories (8701 to 8705) ($51.9M), and Packaged Medicaments ($48.6M). During the last 26 years the exports of Poland to Latvia have increased at an annualized rate of 15%, from $55.2M in 1995 to $2.07B in 2021.

In 2020, Poland exported services to Latvia worth $156M, with Travel ($46.3M), Other business services ($36.8M), and Transportation ($30.6M) being the largest in terms of value.

Latvia-Poland In 2021, Latvia exported $800M to Poland. The main products that Latvia exported to Poland were Coated Flat-Rolled Iron ($73.9M), Hot-Rolled Iron ($63.8M), and Large Flat-Rolled Iron ($41.3M). During the last 26 years the exports of Latvia to Poland have increased at an annualized rate of 12.8%, from $35.3M in 1995 to $800M in 2021.

In 2020, Latvia exported services to Poland worth $95.9M, with Other business services ($66.2M), Transportation ($16M), and Computer and information services ($9.14M) being the largest in terms of value.

Comparison In 2021,  Poland ranked 28 in the Economic Complexity Index (ECI 1.01),  and 22 in total exports ($323B). That same year, Latvia ranked 75 in total exports ($20B), and does not have data regarding Economic Complexity Index.