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Exports In 2022, Latvia exported $9.81M in Frozen Vegetables, making it the 44th largest exporter of Frozen Vegetables in the world. At the same year, Frozen Vegetables was the 284th most exported product in Latvia. The main destination of Frozen Vegetables exports from Latvia are: Spain ($2.92M), Germany ($2.49M), Denmark ($1.36M), Lithuania ($1.33M), and Estonia ($1.18M).

The fastest growing export markets for Frozen Vegetables of Latvia between 2021 and 2022 were Spain ($2.92M), Germany ($2.48M), and Finland ($110k).

Imports In 2022, Latvia imported $13.5M in Frozen Vegetables, becoming the 52nd largest importer of Frozen Vegetables in the world. At the same year, Frozen Vegetables was the 316th most imported product in Latvia. Latvia imports Frozen Vegetables primarily from: Lithuania ($3.54M), Poland ($2.85M), Netherlands ($1.85M), Spain ($1.33M), and Belgium ($1.12M).

The fastest growing import markets in Frozen Vegetables for Latvia between 2021 and 2022 were Netherlands ($1.22M), Poland ($458k), and Germany ($354k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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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 Frozen Vegetables. 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)$9.81M
IMPORTS (2022)$13.5M
NET TRADE (2022)-$3.65M

In 2022, Latvia exported $9.81M in Frozen Vegetables. The main destinations of Latvia exports on Frozen Vegetables were Spain ($2.92M), Germany ($2.49M), Denmark ($1.36M), Lithuania ($1.33M), and Estonia ($1.18M).

In 2022, Latvia imported $13.5M in Frozen Vegetables, mainly from Lithuania ($3.54M), Poland ($2.85M), Netherlands ($1.85M), Spain ($1.33M), and Belgium ($1.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Frozen Vegetables EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Spain$2.92M (1%)
Germany$2.48M (23.4k%)
Finland$110k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Frozen Vegetables BY Latvia WERE (2021 - 2022):
Denmark-$2.75M (-67%)
Netherlands-$1.77M (-97.3%)
Estonia-$1.54M (-56.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Latvia's main exporting competitors in Frozen Vegetables were:
China $1.41B
Belgium $1.26B
Spain $703M
In 2022, Latvia's main importing competitors in Frozen Vegetables were:

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Trade Value of Frozen Vegetables by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $660k
TOP IMPORT POTENTIALBelgium+ $368k

Frozen Vegetables’s highest export potential is Germany. With an export gap of $660k.   Frozen Vegetables’s highest import potential is Belgium with an import gap of $368k.

See methodology.

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