Latvia / Netherlands

Latvia-Netherlands In 2022, Latvia exported $960M to Netherlands. The main products that Latvia exported to Netherlands are Industrial Fatty Acids, Oils and Alcohols ($87M), Sawn Wood ($79M), and Rapeseed ($70.9M). During the last 27 years the exports of Latvia to Netherlands have increased at an annualized rate of 7.36%, from $141M in 1995 to $960M in 2022.

In 2020, Latvia exported services to Netherlands worth $132M, with Transportation ($64M), Other business services ($35.4M), and Personal, cultural, and recreational services ($14.8M) being the largest in terms of value.

Netherlands-Latvia In 2022, Netherlands exported $1.05B to Latvia. The main products that Netherlands exported to Latvia were Packaged Medicaments ($62.8M), Refined Petroleum ($37.4M), and Industrial Fatty Acids, Oils and Alcohols ($36.3M). During the last 27 years the exports of Netherlands to Latvia have increased at an annualized rate of 8.66%, from $112M in 1995 to $1.05B in 2022.

In 2020, Netherlands exported services to Latvia worth $160M, with Transportation ($65.8M), Travel ($39.5M), and Other business services ($24.2M) 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, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.1), and 6 in total exports ($674B).