2022
Flag  
GDP
$41.2BCURRENT US$
Rnk 97 / 186
2012-2022
Flag
GDP GROWTH
46.1%CURRENT US$
Rnk 74 / 186
2022
Flag
 GDP
$962MCURRENT US$
Rnk 177 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 133 / 186
2022
Flag
GDP PC 
$21,851CURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP PC GROWTH
57.8%CURRENT US$
Rnk 30 / 186
2022
Flag
GDP PC
$20,177CURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP PC GROWTH
16.7%CURRENT US$
Rnk 97 / 186

About

Latvia-Saint Kitts and Nevis In 2022, Latvia exported $758 to Saint Kitts and Nevis. The main products that Latvia exported to Saint Kitts and Nevis are Flavored Water ($758). During the last 19 years the exports of Latvia to Saint Kitts and Nevis have decreased at an annualized rate of 13.6%, from $12.2k in 2003 to $758 in 2022.

In 2022, Latvia did not export any services to Saint Kitts and Nevis.

Saint Kitts and Nevis-Latvia In 2022, Saint Kitts and Nevis exported $380 to Latvia. The main products that Saint Kitts and Nevis exported to Latvia were N/A. During the last 19 years the exports of Saint Kitts and Nevis to Latvia have remained the same at an annualized rate of 0%, from $380 in 2003 to $380 in 2022.

In 2022, Saint Kitts and Nevis did not export any services to Latvia.

Comparison In 2022,  Latvia ranked 75 in total exports ($22.9B). That same year, Saint Kitts and Nevis ranked 203 in total exports ($43.7M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Latvia exported $758 to Saint Kitts and Nevis. The main products exported from Latvia to Saint Kitts and Nevis were Flavored Water ($758). During the last 19 years the exports of Latvia to Saint Kitts and Nevis have decreased at an annualized rate of 13.6%, from $12.2k in 2003 to $758 in 2022.

In 2011, Saint Kitts and Nevis exported $380 to Latvia. There were not main exports from Saint Kitts and Nevis to Latvia in 2011.

Exports from Latvia (Flag) to Saint Kitts and Nevis (Flag) (2022)

Exports from Saint Kitts and Nevis (Flag) to Latvia (Flag) (2022)

Latest Data

Trade between Latvia (Flag) and Saint Kitts and Nevis (Flag)

Latvia Exports

Market Competitiveness

Color
Latvia
Top Destination
Lithuania$4.09B

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

In 2021, countries that imported more from Latvia than Saint Kitts and Nevis were Lithuania ($4.09B), Estonia ($2.26B), and Germany ($1.44B).

In 2021, countries that imported more from Saint Kitts and Nevis than Latvia were Trinidad and Tobago ($2.03M), Grenada ($416k), and Antigua and Barbuda ($537k).

Difference in imports from Saint Kitts and Nevis (Flag) and Latvia (Flag) (2022)

Comparative Advantage Latvia - Saint Kitts and Nevis

Flow
Scale

This chart compares trade between Latvia and Saint Kitts and Nevis by product, considering products traded by both, Latvia and Saint Kitts and Nevis.

During 2022, Latvia had a large net trade with Saint Kitts and Nevis in the exports of Foodstuffs ($758).

During 2011, Saint Kitts and Nevis had a large net trade with Latvia in the exports of .

Economic Complexity

Competitive Landscape

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 Latvia has comparative advantage over Saint Kitts and Nevis. Similarly, the more yellow a dot/product is, the more Saint Kitts and Nevis has comparative advantage over Latvia.

Product Space of Latvia (Flag) and Saint Kitts and Nevis (Flag) (2022)

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