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Exports In 2022, Latvia exported $1.05M in Hormones, making it the 47th largest exporter of Hormones in the world. At the same year, Hormones was the 652nd most exported product in Latvia. The main destination of Hormones exports from Latvia are: Poland ($152k), Slovakia ($138k), Egypt ($117k), United States ($63.3k), and Belgium ($63.2k).

The fastest growing export markets for Hormones of Latvia between 2021 and 2022 were Slovakia ($68.4k), Egypt ($52.3k), and Indonesia ($33.5k).

Imports In 2022, Latvia imported $1.14M in Hormones, becoming the 84th largest importer of Hormones in the world. At the same year, Hormones was the 791st most imported product in Latvia. Latvia imports Hormones primarily from: Germany ($909k), Turkey ($117k), Romania ($29.2k), Greece ($22.8k), and India ($18.3k).

The fastest growing import markets in Hormones for Latvia between 2021 and 2022 were Germany ($275k), Turkey ($117k), and Canada ($9.29k).

Latest Trends

Nov 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Hormones. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.05M
IMPORTS (2022)$1.14M
NET TRADE (2022)-$98k

In 2022, Latvia exported $1.05M in Hormones. The main destinations of Latvia exports on Hormones were Poland ($152k), Slovakia ($138k), Egypt ($117k), United States ($63.3k), and Belgium ($63.2k).

In 2022, Latvia imported $1.14M in Hormones, mainly from Germany ($909k), Turkey ($117k), Romania ($29.2k), Greece ($22.8k), and India ($18.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hormones EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Slovakia$68.4k (98.6%)
Egypt$52.3k (80.7%)
Indonesia$33.5k (178%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hormones BY Latvia WERE (2021 - 2022):
Germany-$119k (-69.8%)
Thailand-$111k (-88.6%)
Vietnam-$67.2k (-73.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Latvia's main exporting competitors in Hormones were:
In 2022, Latvia's main importing competitors in Hormones were:

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Trade Value of Hormones by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $173k
TOP IMPORT POTENTIALIndia+ $35.7k

Hormones’s highest export potential is United States. With an export gap of $173k.   Hormones’s highest import potential is India with an import gap of $35.7k.

See methodology.

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