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Exports In 2023, Latvia exported $15.4M in Wheat Flours, making it the 50th largest exporter of Wheat Flours in the world. At the same year, Wheat Flours was the 212th most exported product in Latvia. The main destination of Wheat Flours exports from Latvia are: Lithuania ($4.41M), Malta ($2.74M), Sierra Leone ($2.73M), Thailand ($2.28M), and Estonia ($1.46M).

The fastest growing export markets for Wheat Flours of Latvia between 2022 and 2023 were Malta ($538k), Germany ($69.8k), and United States ($58k).

Imports In 2023, Latvia imported $13.6M in Wheat Flours, becoming the 80th largest importer of Wheat Flours in the world. At the same year, Wheat Flours was the 300th most imported product in Latvia. Latvia imports Wheat Flours primarily from: Estonia ($4.21M), Lithuania ($3.97M), Germany ($2.59M), Poland ($1.74M), and Ukraine ($586k).

The fastest growing import markets in Wheat Flours for Latvia between 2022 and 2023 were Germany ($2.53M), Estonia ($2.29M), and Lithuania ($1.91M).

Latest Trends

Jan 2025

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 Wheat Flours. 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 (2023)$15.4M
IMPORTS (2023)$13.6M
NET TRADE (2023)$1.82M

In 2023, Latvia exported $15.4M in Wheat Flours. The main destinations of Latvia exports on Wheat Flours were Lithuania ($4.41M), Malta ($2.74M), Sierra Leone ($2.73M), Thailand ($2.28M), and Estonia ($1.46M).

In 2023, Latvia imported $13.6M in Wheat Flours, mainly from Estonia ($4.21M), Lithuania ($3.97M), Germany ($2.59M), Poland ($1.74M), and Ukraine ($586k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wheat Flours EXPORT MARKETS FOR Latvia WERE (2022 - 2023):
Malta$538k (24.5%)
Germany$69.8k (436%)
United States$58k (2.37k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat Flours BY Latvia WERE (2022 - 2023):
Poland-$4.47M (-100%)
Thailand-$2.73M (-54.5%)
Lithuania-$1.4M (-24.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Latvia's main exporting competitors in Wheat Flours were:
In 2023, Latvia's main importing competitors in Wheat Flours were:

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Trade Value of Wheat Flours by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Kingdom+ $245k
TOP IMPORT POTENTIALGermany+ $126k

Wheat Flours’s highest export potential is United Kingdom. With an export gap of $245k.   Wheat Flours’s highest import potential is Germany with an import gap of $126k.

See methodology.

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