2022
Exports | Imports
$3.33M | $5.9MWorld Rnk 61 / 175
Flag Rnk 459 / 1190
World Rnk 90 / 223
Flag Rnk 487 / 1203
2022
PRODUCT COMPLEXITY IN Soups and Broths
-0.45Rnk 688 / 1025

About

Exports In 2022, Latvia exported $3.33M in Soups and Broths, making it the 61st largest exporter of Soups and Broths in the world. At the same year, Soups and Broths was the 459th most exported product in Latvia. The main destination of Soups and Broths exports from Latvia are: Netherlands ($827k), Estonia ($678k), Lithuania ($471k), Germany ($439k), and Czechia ($211k).

The fastest growing export markets for Soups and Broths of Latvia between 2021 and 2022 were Netherlands ($455k), Estonia ($304k), and Finland ($94k).

Imports In 2022, Latvia imported $5.9M in Soups and Broths, becoming the 90th largest importer of Soups and Broths in the world. At the same year, Soups and Broths was the 487th most imported product in Latvia. Latvia imports Soups and Broths primarily from: Lithuania ($2.78M), Estonia ($737k), Poland ($445k), Czechia ($435k), and Croatia ($395k).

The fastest growing import markets in Soups and Broths for Latvia between 2021 and 2022 were Lithuania ($341k), Czechia ($313k), and Germany ($137k).

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

Latest Trends

Feb 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 Soups and Broths. 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)$3.33M
IMPORTS (2022)$5.9M
NET TRADE (2022)-$2.56M

In 2022, Latvia exported $3.33M in Soups and Broths. The main destinations of Latvia exports on Soups and Broths were Netherlands ($827k), Estonia ($678k), Lithuania ($471k), Germany ($439k), and Czechia ($211k).

In 2022, Latvia imported $5.9M in Soups and Broths, mainly from Lithuania ($2.78M), Estonia ($737k), Poland ($445k), Czechia ($435k), and Croatia ($395k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soups and Broths EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Netherlands$455k (122%)
Estonia$304k (81.2%)
Finland$94k (9.39k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soups and Broths BY Latvia WERE (2021 - 2022):
Russia-$380k (-92.5%)
Poland-$157k (-97.4%)
Ukraine-$44.9k (-73.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Latvia's main exporting competitors in Soups and Broths were:
In 2022, Latvia's main importing competitors in Soups and Broths were:

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Trade Value of Soups and Broths by Exporters

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