Margarine in Latvia | The Observatory of Economic Complexity

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Exports In 2022, Latvia exported $1.64M in Margarine, making it the 86th largest exporter of Margarine in the world. At the same year, Margarine was the 587th most exported product in Latvia. The main destination of Margarine exports from Latvia are: Lithuania ($494k), Russia ($321k), Belarus ($198k), Estonia ($144k), and Moldova ($133k).

The fastest growing export markets for Margarine of Latvia between 2021 and 2022 were Russia ($250k), Belarus ($188k), and Turkmenistan ($96.9k).

Imports In 2022, Latvia imported $18.1M in Margarine, becoming the 86th largest importer of Margarine in the world. At the same year, Margarine was the 267th most imported product in Latvia. Latvia imports Margarine primarily from: Poland ($4.18M), Lithuania ($3.72M), Sweden ($3.44M), Germany ($1.92M), and Estonia ($1.17M).

The fastest growing import markets in Margarine for Latvia between 2021 and 2022 were Russia ($969k), Poland ($929k), and Belarus ($610k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Margarine from Latvia to the United States.

Feb 2024

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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 Margarine. Countries are shown based on data availability.

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

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EXPORTS (2022)$1.64M

IMPORTS (2022)$18.1M

NET TRADE (2022)-$16.4M

In 2022, Latvia exported $1.64M in Margarine. The main destinations of Latvia exports on Margarine were Lithuania ($494k), Russia ($321k), Belarus ($198k), Estonia ($144k), and Moldova ($133k).

In 2022, Latvia imported $18.1M in Margarine, mainly from Poland ($4.18M), Lithuania ($3.72M), Sweden ($3.44M), Germany ($1.92M), and Estonia ($1.17M).