The Detailed Trade Analysis of the Export Market of Latvia in 2025: The Topmost Trade Partners and the Latest Exports

Latvia, in the Northern European region with its landmarks extending up to Estonia and Lithuania in the southern direction, is one of the influential economies of global trade. The European Union’s single market access, the use of the euro as a currency for transactions, and the strong regional integration with the Baltic neighbours have benefited the overall trade revenue. Latvia Import Data has reported that the diversified export of products and the growth in wood and wood products export have solidified the overall trade rank. The competitive chemicals and pharmaceutical sector is considered the most representative one.

The reliable access to the European Union funds and the export credit and guarantee facilities has further contributed to solidifying trade rank. The participation of the country in global value chains and the competitive logistics and transport services has resulted in the total valuation of exports from the country worth 38 billion US dollars in 2025. Subscribe to Import Globals, the leading Latvia import export trade provider, to stay updated with the latest information regarding the export of the nation by the Latvia trade data.

GOVERNMENT INITIATIVES SUPPORTING THE EXPORT MARKET OF LATVIA IN 2025

The export support action plan launched by the government authorities of Latvia has increased the exporter preparedness and the market visibility. The additional annual funding for export promotion has strengthened the global export brand of the country while helping the companies to secure new international contracts and partnerships. The participation in the European Union and Ukraine export credit guarantee facilities has reduced the risk for exporters while expanding the Ukrainian market. It has even expanded the export opportunities while promoting the risk mitigation strategies.

The trade missions and high-level delegations abroad have opened up access to priority strategic markets. It has even increased the exporter contracts. The green corridor fast-track administrative support initiative has reduced the bureaucratic delays for exporters and investors. It has lowered the operational friction and has encouraged faster export growth.

THE TOP VARIANTS OF GOODS EXPORTED FROM LATVIA IN 2025

Latvia, due to its flexible small and medium-sized advisory support services, along with the digitalization of export processes, has reported a diversity in the global trade output. According to the Latvia Export Data, the topmost variants of goods exported from the nation in 2025 are,

  • Wood and wood products — The annual valuation of Wood and wood products exported from Latvia in 2025–8.21 billion US dollars
  • Electrical machinery and equipment — The annual valuation of Electrical machinery and equipment exported from Latvia in 2025–6.41 billion US dollars
  • Mechanical machinery — The annual valuation of Mechanical machinery exported from Latvia in 2025–3.98 billion US dollars
  • Pharmaceuticals — The annual valuation of Pharmaceuticals exported from Latvia in 2025–2.65 billion US dollars
  • Chemicals and chemical products — The annual valuation of Chemicals and chemical products exported from Latvia in 2025–1.87 billion US dollars
  • Food and beverages — The annual valuation of Food and beverages exported from Latvia in 2025–1.65 billion US dollars
  • Metals and metal products — The annual valuation of Metals and metal products exported from Latvia in 2025–1.31 billion US dollars
  • Furniture and prefabricated building materials — The annual valuation of Furniture and prefabricated building materials exported from Latvia in 2025–1 billion US dollars
  • Optical and precision instruments — The annual valuation of Optical and precision instruments exported from Latvia in 2025–918 million US dollars
  • Plastics and plastic products — The annual valuation of Plastics and plastic products exported from Latvia in 2025–765 million US dollars

TOP TRADE PARTNERS OF LATVIA IN 2025

The proximity of the country’s Nordic markets and its participation in European Union trade agreements have promoted bilateral relationships. According to the Latvia customs data, the topmost trade partners benefiting the export economy of the nation in 2025 are,

  • Lithuania — The total valuation of goods exported from Latvia to Lithuania in 2025–8.21 billion US dollars

Top 5 variants of goods exported

  • Dairy products
  • Butter
  • Cheese
  • Milk powder
  • Eggs (fresh)
  • Estonia- The total valuation of goods exported from Latvia to Estonia in 2025–6.54 billion US dollars

Top 5 variants of goods exported

  • Oats
  • Cereal flour
  • Bakery mixes
  • Poultry products
  • Beef products
  • Netherlands- The total valuation of goods exported from Latvia to the Netherlands in 2025–4.76 billion US dollars

Top 5 variants of goods exported

  • Beer
  • Wine
  • Fruit juices
  • Vinegar
  • Cereals (wheat)
  • Russia- The total valuation of goods exported from Latvia to Russia in 2025–2.91 billion US dollars

Top 5 variants of goods exported

  • Passenger cars
  • Trucks
  • Automotive engines
  • Vehicle chassis
  • Beverages
  • Poland- The total valuation of goods exported from Latvia to Poland in 2025–1.87 billion US dollars

Top 5 variants of goods exported

  • Boilers & reactors
  • Industrial pumps
  • Conveyor equipment
  • Agricultural machinery parts
  • Vehicle parts
  • Germany- The total valuation of goods exported from Latvia to Germany in 2025–1.65 billion US dollars

Top 5 variants of goods exported

  • Diesel fuel
  • Jet fuel
  • Mineral waxes
  • Machinery
  • Mechanical appliances
  • Finland- The total valuation of goods exported from Latvia to Finland in 2025–1.21 billion US dollars

Top 5 variants of goods exported

  • Circuit boards
  • Batteries
  • Mineral fuels
  • Refined petroleum oils
  • Gasoline
  • Sweden- The total valuation of goods exported from Latvia to Sweden in 2025–1.09 billion US dollars

Top 5 variants of goods exported

  • Electrical machinery
  • Electrical equipment parts
  • Electronic apparatus
  • Telecommunication equipment
  • Computer parts
  • Denmark- The total valuation of goods exported from Latvia to Denmark in 2025–908 million US dollars

Top 5 variants of goods exported

  • Wooden furniture
  • Wood pulp
  • Paper & paperboard
  • Printed paper products
  • Packaging paper
  • Czech Republic- The total valuation of goods exported from Latvia to the Czech Republic in 2025–725 million US dollars

Top 5 variants of goods exported

  • Sawn wood
  • Wood charcoal
  • Rough wood logs
  • Wood chips
  • Wood pellets

THE FUTURE OUTLOOK OF THE EXPORT MARKET OF LATVIA IN 2025

The export market of Latvia is expected to have a modest growth rate steadily, specifically backed up by the diversified markets, the European Union integration, and the targets set by the government authorities towards foreign service attraction has benefited the overall trade revenue. It has reflected a gradual recovery of the key European markets, while the expansion of the high-tech exports will further contribute to the export diversification.

The authorities of Latvia will promote the technology, chemical production, food products, and renewable energy equipment, alongside the traditional wooden forestry exports. The commodities exchanged will increase global tariff pressures, whereas the demand for price-sensitive Latvian products will be backed up by the slower growth in major trading partners.

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