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2022
Exports $31.4MWorld Rnk 61 / 192
Flag Rnk 126 / 1190
2022
Destination $283k Lithuania
2021 - 2022
FASTEST GROWING MARKET $283kSweden
2022
PRODUCT COMPLEXITY IN Delivery Trucks0.54Rnk 352 / 1025
2022
Imports $123MWorld Rnk 100 / 224
Flag Rnk 39 / 1203
2022
Origin $4.17M Germany
2021 - 2022
FASTEST GROWING ORIGIN $4.17MNetherlands

About

Exports In 2022, Latvia exported $31.4M in Delivery Trucks, making it the 61st largest exporter of Delivery Trucks in the world. At the same year, Delivery Trucks was the 126th most exported product in Latvia. The main destination of Delivery Trucks exports from Latvia are: Lithuania ($11.5M), Norway ($5.55M), Estonia ($3.96M), Poland ($2.34M), and Netherlands ($2.33M).

The fastest growing export markets for Delivery Trucks of Latvia between 2021 and 2022 were Sweden ($283k), Kazakhstan ($238k), and France ($226k).

Imports In 2022, Latvia imported $123M in Delivery Trucks, becoming the 100th largest importer of Delivery Trucks in the world. At the same year, Delivery Trucks was the 39th most imported product in Latvia. Latvia imports Delivery Trucks primarily from: Germany ($34.2M), Poland ($18M), Estonia ($17.1M), Sweden ($14.5M), and Finland ($10.3M).

The fastest growing import markets in Delivery Trucks for Latvia between 2021 and 2022 were Netherlands ($4.17M), France ($2.01M), and Lithuania ($1.38M).

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 Delivery Trucks. 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)$31.4M
IMPORTS (2022)$123M
NET TRADE (2022)-$91.1M

In 2022, Latvia exported $31.4M in Delivery Trucks. The main destinations of Latvia exports on Delivery Trucks were Lithuania ($11.5M), Norway ($5.55M), Estonia ($3.96M), Poland ($2.34M), and Netherlands ($2.33M).

In 2022, Latvia imported $123M in Delivery Trucks, mainly from Germany ($34.2M), Poland ($18M), Estonia ($17.1M), Sweden ($14.5M), and Finland ($10.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Delivery Trucks EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Sweden$283k (52.5%)
Kazakhstan$238k (206%)
France$226k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Delivery Trucks BY Latvia WERE (2021 - 2022):
Lithuania-$30.7M (-72.8%)
Norway-$5.43M (-49.5%)
Estonia-$3.14M (-44.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Latvia's main exporting competitors in Delivery Trucks were:
Mexico $29.1B
United States $19.5B
China $10.4B
In 2022, Latvia's main importing competitors in Delivery Trucks were:
United States $32.3B
Canada $17.3B
Australia $8.59B

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Trade Value of Delivery Trucks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.86M
TOP IMPORT POTENTIALPoland+ $2.87M

Delivery Trucks’s highest export potential is Germany. With an export gap of $1.86M.   Delivery Trucks’s highest import potential is Poland with an import gap of $2.87M.

See methodology.

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