Latvia (LVA) and Denmark (DNK) Trade | The Observatory of Economic Complexity

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In N/A, Latvia did not export any services to Denmark.

Denmark-Latvia Trade: In N/A, Denmark exported $502M to Latvia. The main products that Denmark exported to Latvia were Packaged Medicaments ($47.1M), Hot-Rolled Iron ($27.4M), and Excavation Machinery ($23.4M). Over the past N/A years the exports of Denmark to Latvia have increased at an annualized rate of 6.73%, from $363M in N/A to $502M in N/A.

In 2020, Denmark exported services to Latvia worth $156M, with Transportation ($93.7M), Travel ($27.8M), and Other business services ($13.1M) being the largest in terms of value.

Comparison In N/A, Latvia ranked 75 in total exports ($22.9B). That same year, Denmark ranked 37 in total exports ($122B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Latvia does not register exports to Denmark. The main products exported from Latvia to Denmark were Fuel Wood ($125M), Rapeseed Oil ($59.7M), and Other Furniture ($57M).

In 2017, Denmark exported $502M to Latvia. The main products exported from Denmark to Latvia were Packaged Medicaments ($47.1M), Hot-Rolled Iron ($27.4M), and Excavation Machinery ($23.4M). During the last 5 years the exports of Denmark to Latvia have increased at an annualized rate of 6.73%, from $363M in 2022 to $502M in 2017.

Exports from Latvia () to Denmark () (2022)

Exports from Denmark () to Latvia () (2022)

Latest Data

Trade between Latvia () and Denmark ()

Latvia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Latvia
Top DestinationN/AN/A

Denmark
Top DestinationN/AN/A

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

N/A

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

Comparative Advantage Latvia - Denmark

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Denmark had a large net trade with Latvia in the exports of N/A.

Potential Exports

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Bilateral Service Trade

Lva Year

In 2020, Denmark exported services to Latvia worth $156M, with Transportation ($93.7M), Travel ($27.8M), and Other business services ($13.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Denmark () to Latvia () (N/A)

Service Trade

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Latvia and Denmark. This means that a dot/product with the flag of Latvia indicates it has a comparative advantage over Denmark. Similarly, a dot/product with the flag of Denmark indicates it has a comparative advantage over Latvia.

About

Historical Data

Bilateral Trade by Products

Exports from Latvia () to Denmark () (2022)

Exports from Denmark () to Latvia () (2022)

Latest Data

Trade between Latvia () and Denmark ()

Latvia Exports

Market Competitiveness

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

Comparative Advantage Latvia - Denmark

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Denmark () to Latvia () (N/A)

Service Trade

Economic Complexity

Competitive Landscape

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

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