2023
Exports
$3.52MWorld Rnk 21 / 59
Flag Rnk 447 / 1196
2023
PRODUCT COMPLEXITY IN Railway Passenger Cars
0.3Rnk 456 / 1025
2023
Imports
$311World Rnk 90 / 100
Flag Rnk 1192 / 1206

About

Exports In 2023, Latvia exported $3.52M in Railway Passenger Cars, making it the 21st largest exporter of Railway Passenger Cars in the world. At the same year, Railway Passenger Cars was the 447th most exported product in Latvia. The main destination of Railway Passenger Cars exports from Latvia are: Belarus ($3.52M) and Netherlands ($2).

The fastest growing export markets for Railway Passenger Cars of Latvia between N/A and 2023 were Belarus ($3.52M) and Netherlands ($2).

Imports In 2023, Latvia imported $311 in Railway Passenger Cars, becoming the 90th largest importer of Railway Passenger Cars in the world. At the same year, Railway Passenger Cars was the 1192nd most imported product in Latvia. Latvia imports Railway Passenger Cars primarily from: Netherlands ($311).

The fastest growing import markets in Railway Passenger Cars for Latvia between 2022 and 2023 were Netherlands ($311).

Latest Trends

Jan 2025

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 Railway Passenger Cars. 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)$3.52M
IMPORTS (2023)$311
NET TRADE (2023)$3.52M

In 2023, Latvia exported $3.52M in Railway Passenger Cars. The main destinations of Latvia exports on Railway Passenger Cars were Belarus ($3.52M) and Netherlands ($2).

In 2023, Latvia imported $311 in Railway Passenger Cars, mainly from Netherlands ($311).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Railway Passenger Cars EXPORT MARKETS FOR Latvia WERE (N/A - 2023):
Belarus$3.52M (1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Latvia's main exporting competitors in Railway Passenger Cars were:
In 2023, Latvia's main importing competitors in Railway Passenger Cars were:

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Trade Value of Railway Passenger Cars by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $292
TOP IMPORT POTENTIALRussia+ $1.74k

Railway Passenger Cars’s highest export potential is United States. With an export gap of $292.   Railway Passenger Cars’s highest import potential is Russia with an import gap of $1.74k.

See methodology.

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