Latvia (LVA) and Kyrgyzstan (KGZ) Trade | The Observatory of Economic Complexity

About

Latvia-Kyrgyzstan In 2022, Latvia exported $25.1M to Kyrgyzstan. The main products that Latvia exported to Kyrgyzstan are Packaged Medicaments ($3.4M), Other Furniture ($1.7M), and Motor vehicles; parts and accessories (8701 to 8705) ($1.37M). During the last 27 years the exports of Latvia to Kyrgyzstan have increased at an annualized rate of 8.48%, from $2.79M in 1995 to $25.1M in 2022.

In 2022, Latvia did not export any services to Kyrgyzstan.

Kyrgyzstan-Latvia In 2022, Kyrgyzstan exported $2.75M to Latvia. The main products that Kyrgyzstan exported to Latvia were Fuel Wood ($765k), Coal Briquettes ($724k), and Raw Cotton ($525k). During the last 27 years the exports of Kyrgyzstan to Latvia have increased at an annualized rate of 0.69%, from $2.28M in 1995 to $2.75M in 2022.

In 2009, Kyrgyzstan exported services to Latvia worth $220k, with Communications services ($189k), Royalties and license fees ($17.8k), and Financial services ($13.4k) being the largest in terms of value.

Comparison In 2022, Latvia ranked 75 in total exports ($22.9B), and does not have data regarding Economic Complexity Index. That same year, Kyrgyzstan ranked 70 in the Economic Complexity Index (ECI -0.12), and 141 in total exports ($2.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Latvia exported $25.1M to Kyrgyzstan. The main products exported from Latvia to Kyrgyzstan were Packaged Medicaments ($3.4M), Other Furniture ($1.7M), and Motor vehicles; parts and accessories (8701 to 8705) ($1.37M). During the last 27 years the exports of Latvia to Kyrgyzstan have increased at an annualized rate of 8.48%, from $2.79M in 1995 to $25.1M in 2022.

In 2022, Kyrgyzstan exported $2.75M to Latvia. The main products exported from Kyrgyzstan to Latvia were Fuel Wood ($765k), Coal Briquettes ($724k), and Raw Cotton ($525k). During the last 27 years the exports of Kyrgyzstan to Latvia have increased at an annualized rate of 0.69%, from $2.28M in 1995 to $2.75M in 2022.

Exports from Latvia () to Kyrgyzstan () (2022)

Exports from Kyrgyzstan () to Latvia () (2022)

Latest Data

Trade between Latvia () and Kyrgyzstan ()

Latvia Exports

Date

Kyrgyzstan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Latvia
Top DestinationLithuania$4.09B

Kyrgyzstan
Top DestinationRussia$1.07B

This map shows whether countries import more from Latvia or Kyrgyzstan. Each country is colored based on the difference in imports they receive from Latvia and Kyrgyzstan or the difference in the growth in imports.

In 2021, countries that imported more from Latvia than Kyrgyzstan were Lithuania ($4.09B), Estonia ($2.26B), and Germany ($1.44B).

In 2021, countries that imported more from Kyrgyzstan than Latvia were Kazakhstan ($445M), Uzbekistan ($240M), and United Arab Emirates ($105M).

Difference in imports from Kyrgyzstan () and Latvia () (2022)

Comparative Advantage Latvia - Kyrgyzstan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Latvia and Kyrgyzstan by product, considering products traded by both, Latvia and Kyrgyzstan.

During 2022, Latvia had a large net trade with Kyrgyzstan in the exports of Chemical Products ($4.47M), Machines ($4.28M), and Miscellaneous ($3.98M).

During 2022, Kyrgyzstan had a large net trade with Latvia in the exports of Wood Products ($839k), Mineral Products ($802k), and Textiles ($579k).

Service Trade

Bilateral Service Trade

Kgz Year

In 2009, Kyrgyzstan exported services to Latvia worth $220k, with Communications services ($189k), Royalties and license fees ($17.8k), and Financial services ($13.4k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Kyrgyzstan () to Latvia () (2009)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Latvia has comparative advantage over Kyrgyzstan. Similarly, the more yellow a dot/product is, the more Kyrgyzstan has comparative advantage over Latvia.

About

Historical Data

Bilateral Trade by Products

Exports from Latvia () to Kyrgyzstan () (2022)

Exports from Kyrgyzstan () to Latvia () (2022)

Latest Data

Trade between Latvia () and Kyrgyzstan ()

Latvia Exports

Kyrgyzstan Exports

Market Competitiveness

Difference in imports from Kyrgyzstan () and Latvia () (2022)

Comparative Advantage Latvia - Kyrgyzstan

Service Trade

Bilateral Service Trade

Services Exports from Kyrgyzstan () to Latvia () (2009)

Economic Complexity

Competitive Landscape

Product Space of Latvia () and Kyrgyzstan () (2022)

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