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Exports In 2023, Latvia exported $81.4M in Other Plastic Products, making it the 55th largest exporter of Other Plastic Products in the world. At the same year, Other Plastic Products was the 46th most exported product in Latvia. The main destination of Other Plastic Products exports from Latvia are: Lithuania ($14.3M), Netherlands ($7.74M), Russia ($5.96M), United Kingdom ($5.4M), and Norway ($5.22M).

The fastest growing export markets for Other Plastic Products of Latvia between 2022 and 2023 were United Kingdom ($1.36M), Poland ($828k), and Estonia ($705k).

Imports In 2023, Latvia imported $165M in Other Plastic Products, becoming the 73rd largest importer of Other Plastic Products in the world. At the same year, Other Plastic Products was the 21st most imported product in Latvia. Latvia imports Other Plastic Products primarily from: Ukraine ($37.8M), Germany ($31M), China ($13.3M), Poland ($13.3M), and Lithuania ($11.6M).

The fastest growing import markets in Other Plastic Products for Latvia between 2022 and 2023 were United Arab Emirates ($1.35M), Hungary ($1.33M), and Poland ($967k).

Latest Trends

Jan 2025

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 Other Plastic Products. 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 (2023)$81.4M
IMPORTS (2023)$165M
NET TRADE (2023)-$84M

In 2023, Latvia exported $81.4M in Other Plastic Products. The main destinations of Latvia exports on Other Plastic Products were Lithuania ($14.3M), Netherlands ($7.74M), Russia ($5.96M), United Kingdom ($5.4M), and Norway ($5.22M).

In 2023, Latvia imported $165M in Other Plastic Products, mainly from Ukraine ($37.8M), Germany ($31M), China ($13.3M), Poland ($13.3M), and Lithuania ($11.6M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Other Plastic Products EXPORT MARKETS FOR Latvia WERE (2022 - 2023):
United Kingdom$1.36M (33.7%)
Poland$828k (176%)
Estonia$705k (28.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Plastic Products BY Latvia WERE (2022 - 2023):
France-$15.2M (-75.2%)
United States-$10.1M (-67.8%)
Germany-$2.11M (-36.9%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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In 2023, Latvia's main exporting competitors in Other Plastic Products were:
In 2023, Latvia's main importing competitors in Other Plastic Products were:

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Trade Value of Other Plastic Products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $4.7M
TOP IMPORT POTENTIALChina+ $11.2M

Other Plastic Products’s highest export potential is Germany. With an export gap of $4.7M.   Other Plastic Products’s highest import potential is China with an import gap of $11.2M.

See methodology.

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