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Exports In 2023, Latvia exported $28.7M in Amine Compounds, making it the 25th largest exporter of Amine Compounds in the world. At the same year, Amine Compounds was the 139th most exported product in Latvia. The main destination of Amine Compounds exports from Latvia are: Belgium ($23.4M), Estonia ($1.97M), United States ($953k), India ($452k), and Brazil ($357k).

The fastest growing export markets for Amine Compounds of Latvia between 2022 and 2023 were Belgium ($23.4M), Estonia ($1.83M), and Lithuania ($299k).

Imports In 2023, Latvia imported $29.1M in Amine Compounds, becoming the 40th largest importer of Amine Compounds in the world. At the same year, Amine Compounds was the 178th most imported product in Latvia. Latvia imports Amine Compounds primarily from: Portugal ($25M), China ($1.92M), Czechia ($803k), Ukraine ($567k), and Germany ($531k).

The fastest growing import markets in Amine Compounds for Latvia between 2022 and 2023 were Portugal ($21.4M), China ($1.23M), and Czechia ($789k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Amine Compounds. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

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EXPORTS (2023)$28.7M
IMPORTS (2023)$29.1M
NET TRADE (2023)-$397k

In 2023, Latvia exported $28.7M in Amine Compounds. The main destinations of Latvia exports on Amine Compounds were Belgium ($23.4M), Estonia ($1.97M), United States ($953k), India ($452k), and Brazil ($357k).

In 2023, Latvia imported $29.1M in Amine Compounds, mainly from Portugal ($25M), China ($1.92M), Czechia ($803k), Ukraine ($567k), and Germany ($531k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Amine Compounds EXPORT MARKETS FOR Latvia WERE (2022 - 2023):
Belgium$23.4M (590k%)
Estonia$1.83M (1.39k%)
Lithuania$299k (2.09k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Amine Compounds BY Latvia WERE (2022 - 2023):
United States-$1.06M (-52.7%)
Russia-$195k (-84%)
Canada-$172k (-82.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Latvia's main exporting competitors in Amine Compounds were:
In 2023, Latvia's main importing competitors in Amine Compounds were:

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Trade Value of Amine Compounds by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $617k
TOP IMPORT POTENTIALChina+ $621k

Amine Compounds’s highest export potential is United States. With an export gap of $617k.   Amine Compounds’s highest import potential is China with an import gap of $621k.

See methodology.

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