2022
Exports
$39.7MWorld Rnk 44 / 167
Flag Rnk 99 / 1190
2022
PRODUCT COMPLEXITY IN Other Prepared Meat
-0.061Rnk 567 / 1025
2022
Imports
$56.7MWorld Rnk 41 / 223
Flag Rnk 103 / 1203

About

Exports In 2022, Latvia exported $39.7M in Other Prepared Meat, making it the 44th largest exporter of Other Prepared Meat in the world. At the same year, Other Prepared Meat was the 99th most exported product in Latvia. The main destination of Other Prepared Meat exports from Latvia are: Estonia ($11.6M), Sweden ($11.6M), Lithuania ($10.1M), Germany ($2.33M), and Finland ($1.23M).

The fastest growing export markets for Other Prepared Meat of Latvia between 2021 and 2022 were Estonia ($5.84M), Sweden ($3.17M), and Finland ($537k).

Imports In 2022, Latvia imported $56.7M in Other Prepared Meat, becoming the 41st largest importer of Other Prepared Meat in the world. At the same year, Other Prepared Meat was the 103rd most imported product in Latvia. Latvia imports Other Prepared Meat primarily from: Estonia ($16.3M), Poland ($12.4M), Lithuania ($10.4M), Germany ($5.15M), and Hungary ($4.4M).

The fastest growing import markets in Other Prepared Meat for Latvia between 2021 and 2022 were Poland ($6.86M), Germany ($3.7M), and Lithuania ($2.29M).

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 Other Prepared Meat. 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)$39.7M
IMPORTS (2022)$56.7M
NET TRADE (2022)-$17M

In 2022, Latvia exported $39.7M in Other Prepared Meat. The main destinations of Latvia exports on Other Prepared Meat were Estonia ($11.6M), Sweden ($11.6M), Lithuania ($10.1M), Germany ($2.33M), and Finland ($1.23M).

In 2022, Latvia imported $56.7M in Other Prepared Meat, mainly from Estonia ($16.3M), Poland ($12.4M), Lithuania ($10.4M), Germany ($5.15M), and Hungary ($4.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Prepared Meat EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Estonia$5.84M (101%)
Sweden$3.17M (37.5%)
Finland$537k (77.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Prepared Meat BY Latvia WERE (2021 - 2022):
Lithuania-$510k (-4.79%)
Italy-$98.4k (-60.3%)
Denmark-$66.8k (-39%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Latvia's main exporting competitors in Other Prepared Meat were:
Germany $1.88B
China $1.78B
In 2022, Latvia's main importing competitors in Other Prepared Meat were:

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Trade Value of Other Prepared Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.71M
TOP IMPORT POTENTIALGermany+ $995k

Other Prepared Meat’s highest export potential is Germany. With an export gap of $1.71M.   Other Prepared Meat’s highest import potential is Germany with an import gap of $995k.

See methodology.

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