North Korea (PRK) and Latvia (LVA) Trade | The Observatory of Economic Complexity

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North Korea-Latvia Trade: In 2021, North Korea exported $242 to Latvia. The main products that North Korea exported to Latvia were N/A. Over the past 19 years the exports of North Korea to Latvia have decreased at an annualized rate of 12.2%, from $2.84k in 2002 to $242 in 2021.

In 2021, North Korea did not export any services to Latvia.

Latvia-North Korea Trade: In 2021, Latvia exported $80.5k to North Korea. The main products that Latvia exported to North Korea were N/A. Over the past 19 years the exports of Latvia to North Korea have increased at an annualized rate of 4.17%, from $63k in 2002 to $80.5k in 2021.

In 2021, Latvia did not export any services to North Korea.

Comparison In 2023, North Korea ranked 172 in total exports ($397M). That same year, Latvia ranked 80 in total exports ($19.9B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, North Korea exported $242 to Latvia. There were not main exports from North Korea to Latvia in 2021. During the last 19 years the exports of North Korea to Latvia have decreased at an annualized rate of 12.2%, from $2.84k in 2002 to $242 in 2021.

In 2013, Latvia exported $80.5k to North Korea. There were not main exports from Latvia to North Korea in 2013. During the last 5 years the exports of Latvia to North Korea have increased at an annualized rate of 4.17%, from $63k in 2018 to $80.5k in 2013.

Exports from North Korea () to Latvia () (2021)

Exports from Latvia () to North Korea () (2021)

Latest Data

Trade between North Korea () and Latvia ()

Latvia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Korea
Top DestinationChina$292M

Latvia
Top DestinationLithuania$3.77B

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

In 2023, countries that imported more from North Korea than Latvia included China ($292M), Fiji ($3.88M), and Suriname ($2.33M).

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

Difference in imports from Latvia () and North Korea () (2023)

Comparative Advantage North Korea - Latvia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, North Korea had a large net trade with Latvia in the exports of .

During 2013, Latvia had a large net trade with North Korea in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from North Korea () to Latvia () (2021)

Exports from Latvia () to North Korea () (2021)

Latest Data

Trade between North Korea () and Latvia ()

Latvia Exports

Market Competitiveness

Difference in imports from Latvia () and North Korea () (2023)

Comparative Advantage North Korea - Latvia

Economic Complexity

Competitive Landscape

Product Space of North Korea () and Latvia () (2021)

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