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Exports In 2022, Latvia exported $22.4M in Wheat Flours, making it the 41st largest exporter of Wheat Flours in the world. At the same year, Wheat Flours was the 168th most exported product in Latvia. The main destination of Wheat Flours exports from Latvia are: Lithuania ($5.68M), Thailand ($4.45M), Poland ($3.07M), Sierra Leone ($2.7M), and Malta ($2.52M).

The fastest growing export markets for Wheat Flours of Latvia between 2021 and 2022 were Lithuania ($3.04M), Poland ($2.7M), and Sierra Leone ($1.63M).

Imports In 2022, Latvia imported $5M in Wheat Flours, becoming the 128th largest importer of Wheat Flours in the world. At the same year, Wheat Flours was the 520th most imported product in Latvia. Latvia imports Wheat Flours primarily from: Lithuania ($2.11M), Estonia ($2.09M), Poland ($222k), Germany ($193k), and Italy ($129k).

The fastest growing import markets in Wheat Flours for Latvia between 2021 and 2022 were Lithuania ($1.15M), Estonia ($862k), and Poland ($216k).

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 Wheat Flours. 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)$22.4M
IMPORTS (2022)$5M
NET TRADE (2022)$17.4M

In 2022, Latvia exported $22.4M in Wheat Flours. The main destinations of Latvia exports on Wheat Flours were Lithuania ($5.68M), Thailand ($4.45M), Poland ($3.07M), Sierra Leone ($2.7M), and Malta ($2.52M).

In 2022, Latvia imported $5M in Wheat Flours, mainly from Lithuania ($2.11M), Estonia ($2.09M), Poland ($222k), Germany ($193k), and Italy ($129k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheat Flours EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Lithuania$3.04M (115%)
Poland$2.7M (734%)
Sierra Leone$1.63M (152%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat Flours BY Latvia WERE (2021 - 2022):
Denmark-$702k (-96.5%)
Curaçao-$476k (-66%)
Germany-$47k (-74.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Latvia's main exporting competitors in Wheat Flours were:
In 2022, Latvia's main importing competitors in Wheat Flours were:

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Trade Value of Wheat Flours by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited Kingdom+ $245k
TOP IMPORT POTENTIALGermany+ $126k

Wheat Flours’s highest export potential is United Kingdom. With an export gap of $245k.   Wheat Flours’s highest import potential is Germany with an import gap of $126k.

See methodology.

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