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Exports In 2022, Latvia exported $2.18M in Enzymes, making it the 47th largest exporter of Enzymes in the world. At the same year, Enzymes was the 541st most exported product in Latvia. The main destination of Enzymes exports from Latvia are: United States ($1.2M), Russia ($331k), Israel ($184k), Lithuania ($169k), and Uzbekistan ($89k).

The fastest growing export markets for Enzymes of Latvia between 2021 and 2022 were United States ($1.2M), Russia ($317k), and Lithuania ($85.3k).

Imports In 2022, Latvia imported $2.51M in Enzymes, becoming the 101st largest importer of Enzymes in the world. At the same year, Enzymes was the 650th most imported product in Latvia. Latvia imports Enzymes primarily from: Lithuania ($825k), Denmark ($503k), Netherlands ($457k), Bulgaria ($183k), and Germany ($162k).

The fastest growing import markets in Enzymes for Latvia between 2021 and 2022 were Bulgaria ($166k), United States ($30.6k), and Sweden ($22.1k).

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 Enzymes. 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)$2.18M
IMPORTS (2022)$2.51M
NET TRADE (2022)-$324k

In 2022, Latvia exported $2.18M in Enzymes. The main destinations of Latvia exports on Enzymes were United States ($1.2M), Russia ($331k), Israel ($184k), Lithuania ($169k), and Uzbekistan ($89k).

In 2022, Latvia imported $2.51M in Enzymes, mainly from Lithuania ($825k), Denmark ($503k), Netherlands ($457k), Bulgaria ($183k), and Germany ($162k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Enzymes EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
United States$1.2M (1%)
Russia$317k (2.28k%)
Lithuania$85.3k (102%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Enzymes BY Latvia WERE (2021 - 2022):
Czechia-$97.2k (-100%)
Denmark-$51.8k (-77.4%)
Ukraine-$18.6k (-51.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Latvia's main exporting competitors in Enzymes were:
In 2022, Latvia's main importing competitors in Enzymes were:

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Trade Value of Enzymes by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $465k
TOP IMPORT POTENTIALLithuania+ $164k

Enzymes’s highest export potential is United States. With an export gap of $465k.   Enzymes’s highest import potential is Lithuania with an import gap of $164k.

See methodology.

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