About

Exports In 2022, Latvia exported $1.55M in Military Weapons, making it the 35th largest exporter of Military Weapons in the world. At the same year, Military Weapons was the 603rd most exported product in Latvia. The main destination of Military Weapons exports from Latvia are: Ukraine ($1.55M).

The fastest growing export markets for Military Weapons of Latvia between 2021 and 2022 were Ukraine ($1.55M).

Imports In 2022, Latvia imported $11.7M in Military Weapons, becoming the 34th largest importer of Military Weapons in the world. At the same year, Military Weapons was the 338th most imported product in Latvia. Latvia imports Military Weapons primarily from: Germany ($11.6M), Slovenia ($10.5k), Switzerland ($9.5k), Czechia ($223), and Netherlands ($1).

The fastest growing import markets in Military Weapons for Latvia between 2021 and 2022 were Slovenia ($10.5k), Switzerland ($9.5k), and Czechia ($223).

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 Military Weapons. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.55M
IMPORTS (2022)$11.7M
NET TRADE (2022)-$10.1M

In 2022, Latvia exported $1.55M in Military Weapons. The main destinations of Latvia exports on Military Weapons were Ukraine ($1.55M).

In 2022, Latvia imported $11.7M in Military Weapons, mainly from Germany ($11.6M), Slovenia ($10.5k), Switzerland ($9.5k), Czechia ($223), and Netherlands ($1).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Military Weapons EXPORT MARKETS FOR Latvia WERE (2021 - 2022):Ukraine$1.55M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Military Weapons BY Latvia WERE (2021 - 2022):Denmark-$10.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Latvia's main exporting competitors in Military Weapons were:
In 2022, Latvia's main importing competitors in Military Weapons were:

Explore Visualizations

Trade Value of Military Weapons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $1.62k
TOP IMPORT POTENTIALSwitzerland+ $26.6k

Military Weapons’s highest export potential is Poland. With an export gap of $1.62k.   Military Weapons’s highest import potential is Switzerland with an import gap of $26.6k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with