About

Exports In 2022, Latvia exported $19.3M in Other Engines, making it the 50th largest exporter of Other Engines in the world. At the same year, Other Engines was the 190th most exported product in Latvia. The main destination of Other Engines exports from Latvia are: Germany ($2.66M), Sweden ($2.3M), Estonia ($1.46M), Netherlands ($1.39M), and Austria ($1.38M).

The fastest growing export markets for Other Engines of Latvia between 2021 and 2022 were Netherlands ($660k), Germany ($595k), and Sweden ($516k).

Imports In 2022, Latvia imported $27.1M in Other Engines, becoming the 67th largest importer of Other Engines in the world. At the same year, Other Engines was the 204th most imported product in Latvia. Latvia imports Other Engines primarily from: Mexico ($8.7M), Germany ($3.46M), Denmark ($2.83M), Sweden ($2.02M), and Netherlands ($1.79M).

The fastest growing import markets in Other Engines for Latvia between 2021 and 2022 were Mexico ($8.69M), Denmark ($1.95M), and Japan ($232k).

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 Other Engines. 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)$19.3M
IMPORTS (2022)$27.1M
NET TRADE (2022)-$7.81M

In 2022, Latvia exported $19.3M in Other Engines. The main destinations of Latvia exports on Other Engines were Germany ($2.66M), Sweden ($2.3M), Estonia ($1.46M), Netherlands ($1.39M), and Austria ($1.38M).

In 2022, Latvia imported $27.1M in Other Engines, mainly from Mexico ($8.7M), Germany ($3.46M), Denmark ($2.83M), Sweden ($2.02M), and Netherlands ($1.79M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Engines EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Netherlands$660k (90.4%)
Germany$595k (28.8%)
Sweden$516k (28.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Engines BY Latvia WERE (2021 - 2022):
Russia-$1.28M (-52%)
Italy-$736k (-41.2%)
Belarus-$99.8k (-85.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Other Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.75M
TOP IMPORT POTENTIALChina+ $1.53M

Other Engines’s highest export potential is Germany. With an export gap of $1.75M.   Other Engines’s highest import potential is China with an import gap of $1.53M.

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