2022
Exports
$187kWorld Rnk 70 / 157
Flag Rnk 888 / 1190
2022
PRODUCT COMPLEXITY IN Carbon-based Electronics
0.63Rnk 300 / 1025
2022
Imports
$798kWorld Rnk 106 / 209
Flag Rnk 843 / 1203

About

Exports In 2022, Latvia exported $187k in Carbon-based Electronics, making it the 70th largest exporter of Carbon-based Electronics in the world. At the same year, Carbon-based Electronics was the 888th most exported product in Latvia. The main destination of Carbon-based Electronics exports from Latvia are: Lithuania ($91.1k), Russia ($29.7k), Norway ($15.4k), Netherlands ($12.9k), and Estonia ($9.68k).

The fastest growing export markets for Carbon-based Electronics of Latvia between 2021 and 2022 were Lithuania ($19.1k), Russia ($16.5k), and Netherlands ($9.52k).

Imports In 2022, Latvia imported $798k in Carbon-based Electronics, becoming the 106th largest importer of Carbon-based Electronics in the world. At the same year, Carbon-based Electronics was the 843rd most imported product in Latvia. Latvia imports Carbon-based Electronics primarily from: Ukraine ($169k), Estonia ($150k), Germany ($84.1k), Netherlands ($83k), and Russia ($59.2k).

The fastest growing import markets in Carbon-based Electronics for Latvia between 2021 and 2022 were Ukraine ($140k), Netherlands ($75.6k), and Lithuania ($23.8k).

Latest Trends

Oct 2024

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 Carbon-based Electronics. 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

Color
EXPORTS (2022)$187k
IMPORTS (2022)$798k
NET TRADE (2022)-$611k

In 2022, Latvia exported $187k in Carbon-based Electronics. The main destinations of Latvia exports on Carbon-based Electronics were Lithuania ($91.1k), Russia ($29.7k), Norway ($15.4k), Netherlands ($12.9k), and Estonia ($9.68k).

In 2022, Latvia imported $798k in Carbon-based Electronics, mainly from Ukraine ($169k), Estonia ($150k), Germany ($84.1k), Netherlands ($83k), and Russia ($59.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carbon-based Electronics EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Lithuania$19.1k (26.6%)
Russia$16.5k (125%)
Netherlands$9.52k (279%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbon-based Electronics BY Latvia WERE (2021 - 2022):
Mongolia-$21k (-100%)
Uzbekistan-$15.6k (-100%)
Denmark-$6.7k (-69.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Latvia's main exporting competitors in Carbon-based Electronics were:
China $3.43B
Spain $532M
In 2022, Latvia's main importing competitors in Carbon-based Electronics were:

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Trade Value of Carbon-based Electronics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $53k
TOP IMPORT POTENTIALChina+ $88.2k

Carbon-based Electronics’s highest export potential is Russia. With an export gap of $53k.   Carbon-based Electronics’s highest import potential is China with an import gap of $88.2k.

See methodology.

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