France (FRA) and Latvia (LVA) Trade | The Observatory of Economic Complexity

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France-Latvia In 2022, France exported $515M to Latvia. The main products that France exported to Latvia are Wine ($54.5M), Hard Liquor ($50.7M), and Planes, Helicopters, and/or Spacecraft ($43.5M). During the last 27 years the exports of France to Latvia have increased at an annualized rate of 10.1%, from $38.5M in 1995 to $515M in 2022.

In 2020, France exported services to Latvia worth $52.5M, with Transportation ($34.3M), Travel ($6.85M), and Other business services ($6.85M) being the largest in terms of value.

Latvia-France In 2022, Latvia exported $467M to France. The main products that Latvia exported to France were Sawn Wood ($39.3M), Other Plastic Products ($29.2M), and Plywood ($22.8M). During the last 27 years the exports of Latvia to France have increased at an annualized rate of 10.9%, from $28.3M in 1995 to $467M in 2022.

In 2020, Latvia exported services to France worth $175M, with Transportation ($123M), Other business services ($30.8M), and Construction services ($10.3M) being the largest in terms of value.

Comparison In 2022, France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B). That same year, Latvia ranked 75 in total exports ($22.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, France exported $515M to Latvia. The main products exported from France to Latvia were Wine ($54.5M), Hard Liquor ($50.7M), and Planes, Helicopters, and/or Spacecraft ($43.5M). During the last 27 years the exports of France to Latvia have increased at an annualized rate of 10.1%, from $38.5M in 1995 to $515M in 2022.

In 2022, Latvia exported $467M to France. The main products exported from Latvia to France were Sawn Wood ($39.3M), Other Plastic Products ($29.2M), and Plywood ($22.8M). During the last 27 years the exports of Latvia to France have increased at an annualized rate of 10.9%, from $28.3M in 1995 to $467M in 2022.

Exports from France () to Latvia () (2022)

Exports from Latvia () to France () (2022)

Latest Data

Trade between France () and Latvia ()

France Exports

Date

Latvia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

France
Top DestinationGermany$78.3B

Latvia
Top DestinationLithuania$4.09B

This map shows whether countries import more from France or Latvia. Each country is colored based on the difference in imports they receive from France and Latvia or the difference in the growth in imports.

In 2021, countries that imported more from France than Latvia were Germany ($78.3B), Italy ($56.4B), and United States ($50B).

In 2021, countries that imported more from Latvia than France were Lithuania ($4.09B), Estonia ($2.26B), and Belarus ($194M).

Difference in imports from Latvia () and France () (2022)

Comparative Advantage France - Latvia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between France and Latvia by product, considering products traded by both, France and Latvia.

During 2022, France had a large net trade with Latvia in the exports of Foodstuffs ($126M), Machines ($115M), and Transportation ($84.8M).

During 2022, Latvia had a large net trade with France in the exports of Wood Products ($121M), Machines ($83.1M), and Transportation ($68.8M).

Service Trade

Bilateral Service Trade

Lva Year

Fra Year

In 2020, France exported services to Latvia worth $52.5M, with Transportation ($34.3M), Travel ($6.85M), and Other business services ($6.85M) being the largest in terms of value.

In 2020, Latvia exported services to France worth $175M, with Transportation ($123M), Other business services ($30.8M), and Construction services ($10.3M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from France () to Latvia () (2020)

Services Exports from Latvia () to France () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more France has comparative advantage over Latvia. Similarly, the more yellow a dot/product is, the more Latvia has comparative advantage over France.

About

Historical Data

Bilateral Trade by Products

Exports from France () to Latvia () (2022)

Exports from Latvia () to France () (2022)

Latest Data

Trade between France () and Latvia ()

France Exports

Latvia Exports

Market Competitiveness

Difference in imports from Latvia () and France () (2022)

Comparative Advantage France - Latvia

Service Trade

Bilateral Service Trade

Services Exports from France () to Latvia () (2020)

Services Exports from Latvia () to France () (2020)

Economic Complexity

Competitive Landscape

Product Space of France () and Latvia () (2022)

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