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Exports In 2022, Latvia exported $16M in Oats, making it the 13th largest exporter of Oats in the world. At the same year, Oats was the 213th most exported product in Latvia. The main destination of Oats exports from Latvia are: Spain ($6.77M), Netherlands ($3.62M), Norway ($2.44M), Lithuania ($782k), and Germany ($751k).

The fastest growing export markets for Oats of Latvia between 2021 and 2022 were Norway ($2.44M), Spain ($939k), and Netherlands ($806k).

Imports In 2022, Latvia imported $9.79M in Oats, becoming the 15th largest importer of Oats in the world. At the same year, Oats was the 368th most imported product in Latvia. Latvia imports Oats primarily from: Lithuania ($6.06M), Estonia ($3.64M), Poland ($62.9k), Finland ($10.1k), and Germany ($8.41k).

The fastest growing import markets in Oats for Latvia between 2021 and 2022 were Lithuania ($471k), Poland ($61.4k), and Germany ($6.09k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$16M
IMPORTS (2022)$9.79M
NET TRADE (2022)$6.19M

In 2022, Latvia exported $16M in Oats. The main destinations of Latvia exports on Oats were Spain ($6.77M), Netherlands ($3.62M), Norway ($2.44M), Lithuania ($782k), and Germany ($751k).

In 2022, Latvia imported $9.79M in Oats, mainly from Lithuania ($6.06M), Estonia ($3.64M), Poland ($62.9k), Finland ($10.1k), and Germany ($8.41k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Oats EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Norway$2.44M (1%)
Spain$939k (16.1%)
Netherlands$806k (28.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oats BY Latvia WERE (2021 - 2022):
Belgium-$4.24M (-100%)
Germany-$1.39M (-64.9%)
Sweden-$1.37M (-71.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Oats by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $404k
TOP IMPORT POTENTIALPoland+ $58.4k

Oats’s highest export potential is Germany. With an export gap of $404k.   Oats’s highest import potential is Poland with an import gap of $58.4k.

See methodology.

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