Top Export Trading Partners of Latvia - Volza

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31-Mar-2025

Overview

Latvia
 

Latvia trade data from 2025 highlights the nation's top 10 export partners as follows:

Lithuania (USD 3,049.18 million), Estonia (USD 1,912.19 million), Germany (USD 1,205.54 million), Sweden (USD 1,032.36 million), Russian Federation (USD 1,011.12 million), United Kingdom (USD 796.88 million), Denmark (USD 713.48 million), Finland (USD 657.92 million), Poland (USD 657.07 million), Netherlands (USD 518.66 million).
The growth rates for the leading three exporters were as follows:: Lithuania: 18.0%, Estonia: 11.3%, and Germany: 7.1%.
Trade balance analysis reveals that Latvia had a trade deficit with both Afghanistan and Albania. Specifically, the deficit amounted to USD 89,497.66 with Afghanistan and USD 2,826,641.28 with Albania in that year.
Latvia export statistics show that the country's top 10 export partners in 2025 collectively contributed 68.35% to the overall value of export shipments. Furthermore, Latvia’s major exports from Iran include Wood and articles of wood, Electrical machinery and equipment, Mineral fuels and oils products. The provided chart below breaks down the values in percentile of Latvia’s top 10 export partners for 2025.

Latvia Trade Partnership With Other Countries

Track top export trading partner countries of Latvia, These findings are based on global export shipment database of Volza, it is the most up-to-date information available on Latvia's export trade.

Top Export Trading Partners

YOY comparison

MOM comparison

Export Trading Partners of Latvia
201
1M 3M 6M 1Y 3Y ALL
Country 2023 2022 Growth% 2023 Share 2022 Share
Afghanistan Flag Afghanistan Top Export Products from Latvia to Afghanistan Value $126,645.33 $89,497.66 greenUpArrow   41.51% 0.00%
Shipment 5 2 greenUpArrow   150.00% 0.00%
Albania Flag Albania Top Export Products from Latvia to Albania Value $2,018,728.35 $2,826,641.28 redDownArrow   -28.58% 0.00%
Shipment 144 183 redDownArrow   -21.31% 0.02%
Algeria Flag Algeria Top Export Products from Latvia to Algeria Value $2,966,113.23 $2,145,141.8 greenUpArrow   38.27% 0.01%
Shipment 52 49 greenUpArrow   6.12% 0.01%
Andorra Flag Andorra Top Export Products from Latvia to Andorra Value $353,760.44 $6,615.18 greenUpArrow   5247.71% 0.00%
Shipment 12 9 greenUpArrow   33.33% 0.00%
Angola Flag Angola Top Export Products from Latvia to Angola Value $27,429,992.55 $39,183,124.18 redDownArrow   -30.00% 0.05%
Shipment 32 30 greenUpArrow   6.67% 0.00%
Antigua-and-Barbuda Flag Antigua-and-Barbuda Top Export Products from Latvia to Antigua and Barbuda Value $123,889.2 $239,519.56 redDownArrow   -48.28% 0.00%
Shipment 53 18 greenUpArrow   194.44% 0.01%
Argentina Flag Argentina Top Export Products from Latvia to Argentina Value $37,715,359.94 $146,078,619.94 redDownArrow   -74.18% 0.08%
Shipment 1,660 1,650 greenUpArrow   0.61% 0.23%
Armenia Flag Armenia Top Export Products from Latvia to Armenia Value $34,828,838.96 $32,689,562.03 greenUpArrow   6.54% 0.07%
Shipment 2,404 2,361 greenUpArrow   1.82% 0.33%
Aruba Flag Aruba Top Export Products from Latvia to Aruba Value $21,368.89 $0 greenUpArrow   100% 0.00%
Shipment 3 0 greenUpArrow   100% 0.00%
Australia Flag Australia Top Export Products from Latvia to Australia Value $37,998,222.21 $42,497,613.66 redDownArrow   -10.59% 0.08%
Shipment 1,186 1,177 greenUpArrow   0.76% 0.16%
Austria Flag Austria Top Export Products from Latvia to Austria Value $210,490,725.01 $218,646,029.61 redDownArrow   -3.73% 0.42%
Shipment 7,774 7,036 greenUpArrow   10.49% 1.07%
Azerbaijan Flag Azerbaijan Top Export Products from Latvia to Azerbaijan Value $34,942,521.36 $24,610,220.53 greenUpArrow   41.98% 0.07%
Shipment 2,023 901 greenUpArrow   124.53% 0.28%
Bahamas Flag Bahamas Top Export Products from Latvia to Bahamas Value $620,311.23 $252,913.83 greenUpArrow   145.27% 0.00%
Shipment 108 24 greenUpArrow   350.00% 0.01%
Bahrain Flag Bahrain Top Export Products from Latvia to Bahrain Value $1,383,274.38 $791,392.91 greenUpArrow   74.79% 0.00%
Shipment 142 101 greenUpArrow   40.59% 0.02%
Bangladesh Flag Bangladesh Top Export Products from Latvia to Bangladesh Value $4,966,142.13 $7,932,682.6 redDownArrow   -37.40% 0.01%
Shipment 126 63 greenUpArrow   100.00% 0.02%

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