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Exports In 2018, Latvia exported $27k in Glycosides, making it the 64th largest exporter of Glycosides in the world. At the same year, Glycosides was the 1040th most exported product in Latvia. The main destination of Glycosides exports from Latvia are: Russia ($14k), Germany ($6.4k), Netherlands ($3.47k), Lithuania ($1.21k), and Estonia ($1.2k).

The fastest growing export markets for Glycosides of Latvia between 2021 and 2022 were Russia ($12.5k), Germany ($3.48k), and Netherlands ($3.22k).

Imports In 2022, Latvia imported $303k in Glycosides, becoming the 80th largest importer of Glycosides in the world. At the same year, Glycosides was the 982nd most imported product in Latvia. Latvia imports Glycosides primarily from: Germany ($176k), Italy ($58.4k), Lithuania ($27.2k), China ($21.5k), and Sweden ($8.65k).

The fastest growing import markets in Glycosides for Latvia between 2021 and 2022 were Germany ($109k), Italy ($23.6k), and Sweden ($5.25k).

Latest Trends

Nov 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 Glycosides. 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)$27k
IMPORTS (2022)$303k
NET TRADE (2022)-$276k

In 2022, Latvia exported $27k in Glycosides. The main destinations of Latvia exports on Glycosides were Russia ($14k), Germany ($6.4k), Netherlands ($3.47k), Lithuania ($1.21k), and Estonia ($1.2k).

In 2022, Latvia imported $303k in Glycosides, mainly from Germany ($176k), Italy ($58.4k), Lithuania ($27.2k), China ($21.5k), and Sweden ($8.65k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glycosides EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Russia$12.5k (848%)
Germany$3.48k (119%)
Netherlands$3.22k (1.28k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glycosides BY Latvia WERE (2021 - 2022):
Greece-$122k (-100%)
Lithuania-$214 (-15%)
France-$166 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Latvia's main exporting competitors in Glycosides were:
China $1.02B
In 2022, Latvia's main importing competitors in Glycosides were:

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Trade Value of Glycosides by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $13.5k
TOP IMPORT POTENTIALChina+ $32.2k

Glycosides’s highest export potential is Russia. With an export gap of $13.5k.   Glycosides’s highest import potential is China with an import gap of $32.2k.

See methodology.

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