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Exports In 2022, Latvia exported $21.1k in Handguns, making it the 58th largest exporter of Handguns in the world. At the same year, Handguns was the 1048th most exported product in Latvia. The main destination of Handguns exports from Latvia are: Kyrgyzstan ($20.6k), Lithuania ($409), and Netherlands ($86).

The fastest growing export markets for Handguns of Latvia between 2021 and 2022 were Kyrgyzstan ($17k).

Imports In 2022, Latvia imported $121k in Handguns, becoming the 114th largest importer of Handguns in the world. At the same year, Handguns was the 1045th most imported product in Latvia. Latvia imports Handguns primarily from: Austria ($28.9k), Lithuania ($27.9k), Italy ($13.9k), Czechia ($10.9k), and United States ($10.8k).

The fastest growing import markets in Handguns for Latvia between 2021 and 2022 were Lithuania ($19k), United States ($10.8k), and Austria ($10.3k).

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 Handguns. 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)$21.1k
IMPORTS (2022)$121k
NET TRADE (2022)-$99.8k

In 2022, Latvia exported $21.1k in Handguns. The main destinations of Latvia exports on Handguns were Kyrgyzstan ($20.6k), Lithuania ($409), and Netherlands ($86).

In 2022, Latvia imported $121k in Handguns, mainly from Austria ($28.9k), Lithuania ($27.9k), Italy ($13.9k), Czechia ($10.9k), and United States ($10.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Handguns EXPORT MARKETS FOR Latvia WERE (2021 - 2022):Kyrgyzstan$17k (462%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Handguns BY Latvia WERE (2021 - 2022):
Denmark-$2.45k (-100%)
Lithuania-$1.17k (-74.1%)
Netherlands-$205 (-70.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Handguns by Exporters

Potential Exports

Potential Exports

Flow
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N/AN/AN/A
TOP IMPORT POTENTIALAustria+ $19k

Handguns’s highest export potential is N/A. With an export gap of N/A.   Handguns’s highest import potential is Austria with an import gap of $19k.

See methodology.

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