Latvia / France

Latvia-France Trade: In 2023, Latvia exported $489M to France. The main products that Latvia exported to France were Aircraft parts (gliders, balloons, and powered aircraft) ($46M), Other Vegetable Residues ($31.1M), and Motor vehicle (8701 to 8705) chassis fitted with engine ($26.2M). Over the past 5 years the exports of Latvia to France have increased at an annualized rate of 13.1%, from $265M in 2018 to $489M in 2023.

In 2020, Latvia exported services to France worth $175M, with Transportation ($123M), Other business services ($30.8M), and Construction services ($10.3M) being the largest in terms of value.

France-Latvia Trade: In 2023, France exported $474M to Latvia. The main products that France exported to Latvia were Aircraft parts (gliders, balloons, and powered aircraft) ($49.4M), Packaged Medicaments ($37.8M), and Hard Liquor ($36.4M). Over the past 5 years the exports of France to Latvia have increased at an annualized rate of 8.31%,  from $318M in 2018 to $474M in 2023.

In 2020, France exported services to Latvia worth $52.5M, with Transportation ($34.3M), Travel ($6.85M), and Other business services ($6.85M) being the largest in terms of value.

Comparison In 2023,  Latvia ranked 80 in total exports ($19.9B), and does not have data regarding Economic Complexity Index. That same year, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B).