2023
Flag  
GDP
$42.2BCURRENT US$
Rnk 100 / 195
2013-2023
Flag
GDP GROWTH
44.9%CURRENT US$
Rnk 86 / 195
2023
Flag
 GDP
$1.06BCURRENT US$
Rnk 186 / 195
2013-2023
Flag
GDP GROWTH
20.7%CURRENT US$
Rnk 140 / 195
2023
Flag
GDP PC 
$22,503CURRENT US$
Rnk 56 / 195
2013-2023
Flag
GDP PC GROWTH
55.4%CURRENT US$
Rnk 37 / 195
2023
Flag
GDP PC
$22,574CURRENT US$
Rnk 55 / 196
2013-2023
Flag
GDP PC GROWTH
21.5%CURRENT US$
Rnk 100 / 195

About

Latvia-Saint Kitts and Nevis Trade: In 2023, Latvia exported $64.2k to Saint Kitts and Nevis. The main products that Latvia exported to Saint Kitts and Nevis were Video Displays ($27k), Compasses ($22.4k), and Other Floating Structures ($4.01k). Over the past 5 years the exports of Latvia to Saint Kitts and Nevis have increased at an annualized rate of 0.057%, from $64k in 2018 to $64.2k in 2023.

In 2023, Latvia did not export any services to Saint Kitts and Nevis.

Saint Kitts and Nevis-Latvia In N/A, Saint Kitts and Nevis did not export any products to Latvia.

In 2023, Saint Kitts and Nevis did not export any services to Latvia.

Comparison In 2023,  Latvia ranked 80 in total exports ($19.9B). That same year, Saint Kitts and Nevis ranked 198 in total exports ($77.7M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Latvia exported $64.2k to Saint Kitts and Nevis. The main products exported from Latvia to Saint Kitts and Nevis were Video Displays ($27k), Compasses ($22.4k), and Other Floating Structures ($4.01k). During the last 5 years the exports of Latvia to Saint Kitts and Nevis have increased at an annualized rate of 0.057%, from $64k in 2018 to $64.2k in 2023.

Saint Kitts and Nevis does not register exports to Latvia.

Exports from Latvia (Flag) to Saint Kitts and Nevis (Flag) (2023)

Exports from Saint Kitts and Nevis (Flag) to Latvia (Flag) (2023)

Latest Data

Trade between Latvia (Flag) and Saint Kitts and Nevis (Flag)

Latvia Exports

Market Competitiveness

Color
Latvia
Top Destination
Lithuania$3.77B
Saint Kitts and Nevis
Top Destination
Malta$37.8M

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

In 2023, countries that imported more from Latvia than Saint Kitts and Nevis included Lithuania ($3.77B), Estonia ($1.26B), and Russia ($1.22B).

In 2023, countries that imported more from Saint Kitts and Nevis than Latvia included Malta ($37.8M), Saint Vincent and the Grenadines ($3.57M), and Guyana ($2.04M).

Difference in imports from Saint Kitts and Nevis (Flag) and Latvia (Flag) (2023)

Comparative Advantage Latvia - Saint Kitts and Nevis

Flow
Scale

This chart compares trade between Latvia and Saint Kitts and Nevis by product, considering products traded by both, Latvia and Saint Kitts and Nevis.

During 2023, Latvia had a large net trade with Saint Kitts and Nevis in the exports of Machines ($34k), Instruments ($22.4k), and Transportation ($4.01k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Latvia and Saint Kitts and Nevis. This means that a dot/product with the flag of Latvia indicates it has a comparative advantage over Saint Kitts and Nevis. Similarly, a dot/product with the flag of Saint Kitts and Nevis indicates it has a comparative advantage over Latvia.

Product Space of Latvia (Flag) and Saint Kitts and Nevis (Flag) (2023)

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