Trade lanes

What Latvia buys, and from whom.

Latvia imported USD 17bn of manufactured and processed goods in 2024, down 6 per cent on 2022. These are its twenty largest source countries. 4 of them ship enough, across enough product lines, to have a lane page of their own.

Trade year 2024, compared with 2022.

By source

The twenty countries Latvia imports most from.

A lane page is written where the source ships USD 1bn or more a year across at least 50 product lines worth USD 1m each. For what Latvia is best placed to make itself, see Made here: Latvia.

  1. 1

    Lithuania

    Share of Latvia's imports14 per cent
    Changedown 5 per cent on 2022
    USD 2.4bnin 2024
  2. 2

    Germany

    Share of Latvia's imports14 per cent
    Changedown 6 per cent on 2022
    USD 2.2bnin 2024
  3. 3

    Poland

    Share of Latvia's imports12 per cent
    Changedown 3 per cent on 2022
    USD 2.0bnin 2024
  4. 4

    Estonia

    Share of Latvia's imports7 per cent
    Changedown 6 per cent on 2022
    USD 1.2bnin 2024
  5. 5

    China

    Share of Latvia's imports5 per cent
    Changedown 21 per cent on 2022
    Lane pageunder the lane threshold
    USD 834min 2024
  6. 6

    Netherlands

    Share of Latvia's imports5 per cent
    Changedown 2 per cent on 2022
    Lane pageunder the lane threshold
    USD 800min 2024
  7. 7

    Italy

    Share of Latvia's imports4 per cent
    Changeup 1 per cent on 2022
    Lane pageunder the lane threshold
    USD 713min 2024
  8. 8

    Finland

    Share of Latvia's imports4 per cent
    Changedown 1 per cent on 2022
    Lane pageunder the lane threshold
    USD 601min 2024
  9. 9

    Sweden

    Share of Latvia's imports3 per cent
    Changedown 2 per cent on 2022
    Lane pageunder the lane threshold
    USD 559min 2024
  10. 10

    Czech Republic

    Share of Latvia's imports3 per cent
    Changeup 35 per cent on 2022
    Lane pageunder the lane threshold
    USD 445min 2024
  11. 11

    Belgium

    Share of Latvia's imports2 per cent
    Changedown 10 per cent on 2022
    Lane pageunder the lane threshold
    USD 400min 2024
  12. 12

    France

    Share of Latvia's imports2 per cent
    Changedown 3 per cent on 2022
    Lane pageunder the lane threshold
    USD 344min 2024
  13. 13

    Denmark

    Share of Latvia's imports2 per cent
    Changedown 23 per cent on 2022
    Lane pageunder the lane threshold
    USD 324min 2024
  14. 14

    Slovakia

    Share of Latvia's imports2 per cent
    Changeup 24 per cent on 2022
    Lane pageunder the lane threshold
    USD 284min 2024
  15. 15

    Ukraine

    Share of Latvia's imports2 per cent
    Changeup 14 per cent on 2022
    Lane pageunder the lane threshold
    USD 255min 2024
  16. 16

    Spain

    Share of Latvia's imports2 per cent
    Changelevel with 2022
    Lane pageunder the lane threshold
    USD 242min 2024
  17. 17

    Vietnam

    Share of Latvia's imports1 per cent
    Changedown 13 per cent on 2022
    Lane pageunder the lane threshold
    USD 226min 2024
  18. 18

    Austria

    Share of Latvia's imports1 per cent
    Changedown 2 per cent on 2022
    Lane pageunder the lane threshold
    USD 222min 2024
  19. 19

    United States

    Share of Latvia's imports1 per cent
    Changedown 11 per cent on 2022
    Lane pageunder the lane threshold
    USD 204min 2024
  20. 20

    Hungary

    Share of Latvia's imports1 per cent
    Changedown 18 per cent on 2022
    Lane pageunder the lane threshold
    USD 189min 2024
What this record says

What crossed the border, what it was worth, and what it weighed.

Every figure on this page is from CEPII's BACI file, which reconciles what each pair of countries reports to the UN about the same shipment. Trade year 2024, compared with 2022. A line is one six-digit customs heading (HS 2022). Values are in US dollars at the border; growth is in current dollars, so part of any change is price, not volume.

Unit value. Unit values are customs values per tonne, declared at the border, not product prices. It is the value of a line divided by its declared weight, so it mixes grades, models and qualities under one heading. It is shown only where the weight is recorded, at least three source countries of USD 100k or more ship the line to Latvia with a weight, and the figure sits within a factor of five of the middle of those sources. Outside that band it is treated as a recording problem and left out.

Share is Lithuania's part of everything Latvia imported in that line, from every source. Sources counts the countries that shipped any of it.

Scope. Manufactured and processed goods, customs chapters 16 to 96, without ores, fuels, precious metals, scrap, raw farm output and one-off capital and defence purchases: the same rule as the Made here pages.

What it does not say

A record of trade, not a shopping list.

What this record does not say: what sells at retail, what margin a trade leaves, how crowded the marketplaces are, or how much of a flow is re-exported through entrepots such as Hong Kong and Singapore.

A large line is not proof of an opening, and a lower unit value from another country is not proof the goods are the same. Tariffs, standards, freight, payment terms, lead times and the plain fact that a supplier is good at it are all invisible here. Nothing on this page is a forecast, a recommendation or a promise. No supplier company is named, because the record holds none.

Source: CEPII BACI, HS22, version 202601. Edition of 2026-11-03.