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Exports In 2022, Latvia exported $3.76M in Vitamins, making it the 51st largest exporter of Vitamins in the world. At the same year, Vitamins was the 434th most exported product in Latvia. The main destination of Vitamins exports from Latvia are: Greece ($788k), Portugal ($500k), Kuwait ($496k), Estonia ($409k), and Ukraine ($327k).

The fastest growing export markets for Vitamins of Latvia between 2021 and 2022 were Kuwait ($496k), Ukraine ($324k), and Uzbekistan ($97k).

Imports In 2022, Latvia imported $10.8M in Vitamins, becoming the 75th largest importer of Vitamins in the world. At the same year, Vitamins was the 353rd most imported product in Latvia. Latvia imports Vitamins primarily from: Denmark ($3.41M), Lithuania ($2.89M), Netherlands ($908k), Estonia ($875k), and Germany ($706k).

The fastest growing import markets in Vitamins for Latvia between 2021 and 2022 were Netherlands ($352k), Germany ($115k), and United States ($92k).

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 Vitamins. 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)$3.76M
IMPORTS (2022)$10.8M
NET TRADE (2022)-$7.05M

In 2022, Latvia exported $3.76M in Vitamins. The main destinations of Latvia exports on Vitamins were Greece ($788k), Portugal ($500k), Kuwait ($496k), Estonia ($409k), and Ukraine ($327k).

In 2022, Latvia imported $10.8M in Vitamins, mainly from Denmark ($3.41M), Lithuania ($2.89M), Netherlands ($908k), Estonia ($875k), and Germany ($706k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vitamins EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Kuwait$496k (1%)
Ukraine$324k (13.3k%)
Uzbekistan$97k (134%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vitamins BY Latvia WERE (2021 - 2022):
Lithuania-$1.38M (-82.3%)
Portugal-$770k (-60.6%)
Slovenia-$666k (-99.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Vitamins by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $262k
TOP IMPORT POTENTIALGermany+ $394k

Vitamins’s highest export potential is United States. With an export gap of $262k.   Vitamins’s highest import potential is Germany with an import gap of $394k.

See methodology.

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