Petroleum Gas in Latvia | The Observatory of Economic Complexity

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Exports In 2022, Latvia exported $1.17B in Petroleum Gas, making it the 46th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 3rd most exported product in Latvia. The main destination of Petroleum Gas exports from Latvia are: Finland ($571M), Estonia ($372M), Lithuania ($183M), Poland ($23M), and Ukraine ($11.6M).

The fastest growing export markets for Petroleum Gas of Latvia between 2021 and 2022 were Finland ($501M), Estonia ($301M), and Lithuania ($109M).

Imports In 2022, Latvia imported $2.46B in Petroleum Gas, becoming the 35th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 1st most imported product in Latvia. Latvia imports Petroleum Gas primarily from: Lithuania ($1.77B), Russia ($562M), Estonia ($97M), Finland ($22.3M), and Kazakhstan ($4.15M).

The fastest growing import markets in Petroleum Gas for Latvia between 2021 and 2022 were Lithuania ($1.73B), Russia ($86M), and Estonia ($68.2M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Petroleum Gas from Latvia to the United States.

Feb 2024

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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 Petroleum Gas. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$1.17B

IMPORTS (2022)$2.46B

NET TRADE (2022)-$1.28B

In 2022, Latvia exported $1.17B in Petroleum Gas. The main destinations of Latvia exports on Petroleum Gas were Finland ($571M), Estonia ($372M), Lithuania ($183M), Poland ($23M), and Ukraine ($11.6M).

In 2022, Latvia imported $2.46B in Petroleum Gas, mainly from Lithuania ($1.77B), Russia ($562M), Estonia ($97M), Finland ($22.3M), and Kazakhstan ($4.15M).