Latvia exports. 9 billion euros worth of goods, which is 0. Dairy, eggs and honey represent the fastest grower among the top 10 export categories, up by 9. For centuries under Hanseatic and German influence and then during its inter-war independence, Latvia used its geographic location as an important east–west commercial and trading centre. 1 million). Gross domestic product (GDP) represents the total value of final products and services produced within the country’s territory during a year. Latvia exports mainly wood and wood products, machinery and equipment, iron and steel, textiles and foodstuffs. 92 billion US dollars, a 1. Sep 17, 2025 · Imports - commoditiesPage last updated: Wednesday, September 17, 2025 In the northeastern corner of Europe, Latvia is the center of the three Baltic states, flanked by Estonia and Lithuania. Exports, Imports, Products, Tariffs, GDP and related Development Indicator. 4% compared to the previous year. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. 2% from 2023 to 2024. GDP can be calculated on the basis of data on domestic production, expenditure and income at current and constant prices. The top three export commodities were: Wood and articles of wood, wood charcoal; Electrical, electronic equipment and Mineral fuels, oils, distillation products. 4 days ago · Latvia, country of northeastern Europe and the middle of the three Baltic states. By value, Latvia’s top 10 exports generate about three-fifths (60. Latvia's unspoilt sea coast is a 500-km-long unique biome, mainly consisting of empty beaches, white soft sand, and dunes covered with pine trees By value, Latvia’s top 10 exports generate about three-fifths (60. There are many other great places to see, both urban and rural. R. 7 billion euros, a decrease of 4. Latvia (Latvian: Latvija) is one of the three Baltic states in Europe. It sits across the sea from Sweden, south of Finland, and just northeast of Germany. As observed on the physical map of the country above, Latvia is a very flat country of low-lying plains, largely covered by forest. 2 % of the total value of goods exported to these countries. km (24,938 sq mi). Latvian origin goods were mostly exported to Lithuania (EUR 905. Latvia, which was occupied and annexed by the U. By value, Latvia’s top 10 exports generate about three-fifths (60. Feb 19, 2025 · In 2024 exports of goods of Latvian origin to the European Union (EU*) countries made up 47. in June 1940, declared its independence on August 21, 1991. The biggest travel destination in the country is the capital Riga, whose Old Town is a World Heritage Site. 04% increase from 2019. Latvia is a developed country with a high-income, advanced economy ranking 39th in the Human Development Index. Latvia's main export partners were: Lithuania, Estonia and Germany. 6%) of the overall value of its global shipments. 7% less than in 2023, and imported 21. 2 million), Germany (EUR 859. Industry served local markets, while timber, paper and agricultural products were Latvia's main exports. 6 million) and Sweden (EUR 825. Feb 24, 2021 · Latvia, a Baltic state in Europe lies along the eastern shores of the Baltic Sea and covers an area of 4,589 sq. Latvia – a country in the Baltic region of Europe – may be small, but its pristine Baltic sea coastline and traditions tend to surpass even more iconic destinations of Europe. Export and Import . Dec 2, 2020 · According to the provisional data provided by the Central Statistical Bureau of Latvia, in 2024, Latvia exported 18. Latvia's unspoilt sea coast is a 500-km-long unique biome, mainly consisting of empty beaches, white soft sand, and dunes covered with pine trees Latvia is a developed country with a high-income, advanced economy ranking 39th in the Human Development Index. . Latvia is among the ten largest exporters of softwood-sawn timber, birch plywood, OSB, and pellets. Latvijas Finieris is the leading developer, manufacturer and supplier of performance-oriented birch plywood-based product solutions. S. Latvia exports for 2020 were 20. Latvia's main export partners are Lithuania, Russia, Estonia, Germany and Sweden. mqb49bn2nkqiqjasxgzet4meoqyh1rlhms3sofbzz9hrkkxdh9