2023
Exports
$67.3MWorld Rnk 37 / 168
Flag Rnk 57 / 1196
falsefalse Lithuania
2023
PRODUCT COMPLEXITY IN Tractors
0.83Rnk 239 / 1025
2023
Imports
$273MWorld Rnk 48 / 214
Flag Rnk 10 / 1206

About

Exports In 2023, Latvia exported $67.3M in Tractors, making it the 37th largest exporter of Tractors in the world. At the same year, Tractors was the 57th most exported product in Latvia. The main destination of Tractors exports from Latvia are: Lithuania ($34.9M), Sweden ($7.99M), Turkey ($6.06M), Kazakhstan ($4.2M), and Poland ($3.93M).

Imports In 2023, Latvia imported $273M in Tractors, becoming the 48th largest importer of Tractors in the world. At the same year, Tractors was the 10th most imported product in Latvia. Latvia imports Tractors primarily from: Sweden ($62M), Belgium ($31.5M), France ($29M), Italy ($27.4M), and Lithuania ($23.2M).

The fastest growing import markets in Tractors for Latvia between 2022 and 2023 were Netherlands ($13.5M), Belgium ($13.1M), and Sweden ($10.6M).

Latest Trends

Jan 2025

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 Tractors. 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 (2023)$67.3M
IMPORTS (2023)$273M
NET TRADE (2023)-$206M

In 2023, Latvia exported $67.3M in Tractors. The main destinations of Latvia exports on Tractors were Lithuania ($34.9M), Sweden ($7.99M), Turkey ($6.06M), Kazakhstan ($4.2M), and Poland ($3.93M).

In 2023, Latvia imported $273M in Tractors, mainly from Sweden ($62M), Belgium ($31.5M), France ($29M), Italy ($27.4M), and Lithuania ($23.2M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Latvia's main exporting competitors in Tractors were:
In 2023, Latvia's main importing competitors in Tractors were:

Explore Visualizations

Trade Value of Tractors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $4.04M
TOP IMPORT POTENTIALGermany+ $7.21M

Tractors’s highest export potential is Poland. With an export gap of $4.04M.   Tractors’s highest import potential is Germany with an import gap of $7.21M.

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