Sugar beet in Latvia

EXPORTS (2018): $130k, World Rnk 23 / 47
Flag Rnk 2368 / 3860

TOP DESTINATION (2018): $78.7k, Estonia

FASTEST GROWING MARKET (2017 - 2018): $67.1k, Estonia

IMPORTS (2018): $1.16M, World Rnk 9 / 59
Flag Rnk 1595 / 4259

TOP ORIGIN (2018): $985k, Italy

FASTEST GROWING ORIGIN (2017 - 2018): $985k, Italy

ECONOMIC COMPLEXITY of Latvia (2018): 0.84, Rnk 36 / 137

Overview: This page contains the latest trade data of Sugar beet in Latvia.

Exports: In 2018, Latvia exported $130k in Sugar beet, making it the 23rd largest exporter of Sugar beet in the world. At the same year, Sugar beet was the 2368th most exported product in Latvia. The main destination of Sugar beet exports from Latvia are: Estonia ($78.7k) and Lithuania ($51.5k).

The fastest growing export markets for Sugar beet of Latvia between 2017 and 2018 were Estonia ($67.1k) and Lithuania ($38k).

Imports: In 2018, Latvia imported $1.16M in Sugar beet, becoming the 9th largest importer of Sugar beet in the world. At the same year, Sugar beet was the 1595th most imported product in Latvia. Latvia imports Sugar beet primarily from: Italy ($985k) and Lithuania ($177k).

The fastest growing import markets in Sugar beet for Latvia between 2017 and 2018 were Italy ($985k) and Lithuania ($88.6k).

Tariffs: In 2017, the average tariff for Latvia in Sugar beet was 74.3%. The countries with the highest import tariffs for Sugar beet were Republic of the Congo (178%), Cape Verde (178%), Algeria (178%), Western Sahara (178%), and Gabon (178%).

Value

EXPORTS (2018): $130k

IMPORTS (2018): $1.16M

NET TRADE (2018): -$1.03M

In 2018, Latvia exported $130k in Sugar beet. The main destinations of Latvia exports on Sugar beet were Estonia ($78.7k) and Lithuania ($51.5k).

In 2018, Latvia imported $1.16M in Sugar beet, mainly from Italy ($985k) and Lithuania ($177k).

Explore Visualizations

IN 2018, Latvia HAD A POSITIVE NET TRADE IN Sugar beet WITH:: Estonia, $78.7k ($78.7k - $0)

IN 2018, Latvia HAD A NEGATIVE NET TRADE IN Sugar beet WITH:

  • Italy, -$985k ($0 - $985k)
  • Lithuania, -$125k ($51.5k - $177k)
Flow

THE FASTEST GROWING Sugar beet EXPORT MARKETS FOR Latvia WERE (2017 - 2018):

Explore Visualizations

Market Concentration

#permalink to section
Flow
Type

In 2018, Latvia's main exporting competitors in Sugar beet were:

In 2018, Latvia's main importing competitors in Sugar beet were:

Explore Visualizations

Trade Forecasts

#permalink to section

This section shows forecasts for total exports and imports, for Sugar beet in Latvia. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

Explore Forecasts

Tariffs by Country

#permalink to section

In 2017, the average tariff for Latvia in Sugar beet was 74.3%.

The countries with the highest tariffs for Sugar beet in Latvia were Republic of the Congo (178%), Cape Verde (178%), Algeria (178%), Western Sahara (178%), and Gabon (178%).

Explore Tariff Data