Russia-Latvia: In 2018, Russia exported $4.18B to Latvia. The main products exported from Russia to Latvia were Refined Petroleum ($1.75B), Petroleum Gas ($419M), and Coal Tar Oil ($275M). During the last 23 years the exports of Russia to Latvia have increased at an annualized rate of 11.1%,
from $368M in 1995 to $4.18B in 2018. In 2018, Russia exported
services to Latvia worth
$390M, with Travel ($142M), Transportation ($133M), and Other business services ($47.6M) being the largest in terms of value.
Latvia-Russia: In 2018, Latvia exported $1.32B to Russia. The main products exported from Latvia to Russia were Hard Liquor ($357M), Packaged Medicaments ($117M), and Wine ($86.1M). During the last 23 years the exports of Latvia to Russia have increased at an annualized rate of 6.34%,
from $320M in 1995 to $1.32B in 2018. In 2017, Latvia exported
services to Russia worth
$464M, with Transportation ($271M), Travel ($108M), and Computer and information services ($41.9M) being the largest in terms of value.
Comparison: In 2018, Russia ranked 41 in the Economic Complexity Index (ECI 0.6),
and 13 in total exports ($427B).
That same year, Latvia ranked 36 in the Economic Complexity Index (ECI 0.84), and
78 in total exports ($15.8B). N/A