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2022
Exports $331kWorld Rnk 46 / 97
Flag Rnk 816 / 1190
2022
Destination $182k Lithuania
2021 - 2022
FASTEST GROWING MARKET $182kLithuania
2022
PRODUCT COMPLEXITY IN Sulfonamides1.29Rnk 95 / 1025
2022
Imports $899kWorld Rnk 86 / 171
Flag Rnk 827 / 1203
2022
Origin $98.5k Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $98.5kUkraine

About

Exports In 2022, Latvia exported $331k in Sulfonamides, making it the 46th largest exporter of Sulfonamides in the world. At the same year, Sulfonamides was the 816th most exported product in Latvia. The main destination of Sulfonamides exports from Latvia are: Lithuania ($182k), Slovakia ($31.6k), United Kingdom ($25.6k), France ($19.9k), and Germany ($17.7k).

The fastest growing export markets for Sulfonamides of Latvia between 2021 and 2022 were Lithuania ($182k), Slovakia ($31.6k), and Germany ($6.14k).

Imports In 2022, Latvia imported $899k in Sulfonamides, becoming the 86th largest importer of Sulfonamides in the world. At the same year, Sulfonamides was the 827th most imported product in Latvia. Latvia imports Sulfonamides primarily from: Netherlands ($275k), China ($239k), Ukraine ($150k), Italy ($79.2k), and India ($62.6k).

The fastest growing import markets in Sulfonamides for Latvia between 2021 and 2022 were Ukraine ($98.5k), Netherlands ($80k), and India ($62.5k).

Latest Trends

Nov 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 Sulfonamides. 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)$331k
IMPORTS (2022)$899k
NET TRADE (2022)-$568k

In 2022, Latvia exported $331k in Sulfonamides. The main destinations of Latvia exports on Sulfonamides were Lithuania ($182k), Slovakia ($31.6k), United Kingdom ($25.6k), France ($19.9k), and Germany ($17.7k).

In 2022, Latvia imported $899k in Sulfonamides, mainly from Netherlands ($275k), China ($239k), Ukraine ($150k), Italy ($79.2k), and India ($62.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sulfonamides EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Lithuania$182k (1%)
Slovakia$31.6k (1%)
Germany$6.14k (53.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sulfonamides BY Latvia WERE (2021 - 2022):
United Kingdom-$16.8k (-39.7%)
France-$12.9k (-39.3%)
Italy-$11k (-92.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Latvia's main exporting competitors in Sulfonamides were:
Ireland $3.13B
Switzerland $1.61B
China $985M
In 2022, Latvia's main importing competitors in Sulfonamides were:
United States $2.4B
Spain $1.13B
Belgium $983M

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Trade Value of Sulfonamides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $50.8k
TOP IMPORT POTENTIALChina+ $75.1k

Sulfonamides’s highest export potential is United States. With an export gap of $50.8k.   Sulfonamides’s highest import potential is China with an import gap of $75.1k.

See methodology.

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