Tajikistan (TJK) and Latvia (LVA) Trade | The Observatory of Economic Complexity

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Tajikistan-Latvia Trade: In 2023, Tajikistan exported $408k to Latvia. The main products that Tajikistan exported to Latvia were Inorganic Salts ($310k), Oxometallic or Peroxometallic Acid Salts ($97.9k), and Knit Women's Suits ($200). Over the past 5 years the exports of Tajikistan to Latvia have decreased at an annualized rate of 46%, from $8.88M in 2018 to $408k in 2023.

In 2023, Tajikistan did not export any services to Latvia.

Latvia-Tajikistan Trade: In 2023, Latvia exported $8.81M to Tajikistan. The main products that Latvia exported to Tajikistan were Packaged Medicaments ($5.67M), Other Edible Preparations ($864k), and Hard Liquor ($336k). Over the past 5 years the exports of Latvia to Tajikistan have increased at an annualized rate of 3.94%, from $7.26M in 2018 to $8.81M in 2023.

In 2023, Latvia did not export any services to Tajikistan.

Comparison In 2023, Tajikistan ranked 106 in the Economic Complexity Index (ECI -0.89), and 153 in total exports ($1.49B). That same year, Latvia ranked 80 in total exports ($19.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Tajikistan exported $408k to Latvia. The main products exported from Tajikistan to Latvia were Inorganic Salts ($310k), Oxometallic or Peroxometallic Acid Salts ($97.9k), and Knit Women's Suits ($200). During the last 5 years the exports of Tajikistan to Latvia have decreased at an annualized rate of 46%, from $8.88M in 2018 to $408k in 2023.

In 2018, Latvia exported $8.81M to Tajikistan. The main products exported from Latvia to Tajikistan were Packaged Medicaments ($5.67M), Other Edible Preparations ($864k), and Hard Liquor ($336k). During the last 5 years the exports of Latvia to Tajikistan have increased at an annualized rate of 3.94%, from $7.26M in 2023 to $8.81M in 2018.

Exports from Tajikistan () to Latvia () (2023)

Exports from Latvia () to Tajikistan () (2023)

Latest Data

Trade between Tajikistan () and Latvia ()

Latvia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tajikistan
Top DestinationSwitzerland$468M

Latvia
Top DestinationLithuania$3.77B

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

In 2023, countries that imported more from Tajikistan than Latvia included Switzerland ($468M), Kazakhstan ($271M), and China ($250M).

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

Difference in imports from Latvia () and Tajikistan () (2023)

Comparative Advantage Tajikistan - Latvia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Tajikistan had a large net trade with Latvia in the exports of Chemical Products ($408k) and Textiles ($200).

During 2018, Latvia had a large net trade with Tajikistan in the exports of Chemical Products ($5.81M), Foodstuffs ($1.29M), and Transportation ($550k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Tajikistan Latvia+$2.14kGold

Top Product Potential Latvia Tajikistan+$191kCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Tajikistan () to Latvia () (2023)

Exports from Latvia () to Tajikistan () (2023)

Latest Data

Trade between Tajikistan () and Latvia ()

Latvia Exports

Market Competitiveness

Difference in imports from Latvia () and Tajikistan () (2023)

Comparative Advantage Tajikistan - Latvia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Tajikistan () and Latvia () (2023)

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