T3 · Product exporter position

Latvia exports of Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (HS 151499)

See where Latvia stands in vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified: export scale, destination breadth, market position, growth, and reported trade history.

Exporter LVAHS6 151499Latest year 2024Rapid growth

Latest exports

$519.1KLatest observed lane total

Destination markets

8Reported active markets

Three-year growth

+83.1%Annualized change

Destination HHI

4,030Destination concentration

Weighted share

4.5%Reported market position

Exporter evidence

How strong is Latvia in Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified?

Reported exporter totals and calculated indicators for HS 151499. Values retain their observed coverage period.

Exporter scale

Latest exports$519.1K
Current 2024 exports$206.0K
Three-year average$109.8K
Historical peak$5.2M

Market position

Active destinations8
Destination HHI4,030
Weighted share4.5%
Share change+2.4 pp

Competitiveness

Three-year growth+83.1%
Volatility1
Maximum drawdown91.8%
TrendRapid growth
MeasureValueWhat it describes
ExporterLatviaCountry represented by this profile
Latest observed exports$519.1KSum of latest observed destination-lane values
Current 2024 exports$206.0KCommon-year comparison where reported
Three-year growth+83.1%Annualized change in exporter totals
Five-year growth+94%Annualized change in exporter totals
Leading destinationPOLDestination with the largest observed export value
Leading destination share51.2%Share of observed exporter totals
Destination concentration4,030HHI across destination markets
Weighted share change+2.4 ppValue-weighted latest change in market share
Limited-history lanes58.3%Share of lanes with shorter history

Destination markets

Where does Latvia sell vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
Israel$20.5K0.3%+0%FTA reportedDeclining

Destination

Israel

Latest exports
$20.5K
Market share
0.3%
Growth
+0%
Access
FTA reported
Signal
Declining

Price intelligence

How does Latvia's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Russia: $79.3K / ton.

Lowest reported price

Denmark: $886.5 / ton.

Median price

$1.8K / ton across reported markets.

Export trend

Reported export history

Annual observations for Latvia and HS 151499 where available.

YearExportsYear-on-year changeActive destinations
2010$3.8M+220.7%6
2011$2.5M-36%10
2012$2.0M-18.2%8
2013$1.3M-34.7%11
2014$2.6M+97%11
2015$1.2M-53%10
2016$1.7M+38.4%10
2017$44.6K-97.3%9
2018$22.1K-50.5%9
2019$7.5K-66%6
2020$11.6K+55%7
2021$33.6K+188.7%6
2022$78.7K+134.6%5
2023$44.5K-43.4%10
2024$206.0K+362.7%8

Exporter context

Latvia economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 151499.

Latvia has reported exports of $18.6B and a trade balance of -$5.3B in 2024.

Available structural indicators include 110.9% trade openness, 28.9% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about Latvia vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.