# Latvia Import Opportunities

Explore Latvia's import opportunities by product, supplier concentration, demand growth, and market size.

- Latest import year: 2024
- Latest imports: $23.9B
- Import CAGR: -0.6%
- Trade openness: 110.9%

## Top Import Opportunities

| Rank | Product | Description | Market size | Demand growth | Suppliers | Concentration |
| ---: | --- | --- | ---: | ---: | ---: | ---: |
| 1 | HS 271019 | Not reported | $1.1B | +4.3% | 52 | 3202 |
| 2 | HS 271600 | Electrical energy | $658.5M | +9.2% | 6 | 5168 |
| 3 | HS 271121 | Petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas | $474.7M | +6.3% | 5 | 4789 |
| 4 | HS 300490 | Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale | $708.3M | +12.1% | 59 | 1178 |
| 5 | HS 880330 | Aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803 | $150.9M | +32.9% | 52 | 6499 |
| 6 | HS 851712 | Telephones for cellular networks or for other wireless networks | $407.8M | +13.7% | 53 | 2735 |
| 7 | HS 880240 | Aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg | $113.3M | +22.6% | 8 | 9935 |
| 8 | HS 271012 | Not reported | $427.0M | +4.0% | 26 | 2746 |
| 9 | HS 281820 | Aluminium oxide: other than artificial corundum | $91.5M | +25.7% | 16 | 7934 |
| 10 | HS 999999 | Commodities not specified according to kind | $80.8M | +23.5% | 2 | 10000 |
| 11 | HS 271119 | Petroleum gases and other gaseous hydrocarbons: liquefied, n.e.c. in heading no. 2711 | $116.6M | +12.7% | 15 | 8077 |
| 12 | HS 870332 | Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity exceeding 1500cc but not exceeding 2500cc | $199.4M | +14.4% | 32 | 2823 |
| 13 | HS 100199 | Cereals: wheat and meslin, other than durum wheat, other than seed | $106.7M | +12.5% | 16 | 8074 |
| 14 | HS 870322 | Vehicles: with only spark-ignition internal combustion piston engine, cylinder capacity over 1000 but not over 1500cc | $176.1M | +7.9% | 30 | 3687 |
| 15 | HS 260200 | Manganese ores and concentrates, including ferruginous manganese ores and concentrates with a manganese content of 20% or more, calculated on the dry weight | $64.7M | +48.5% | 9 | 8409 |
| 16 | HS 151190 | Vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified | $59.1M | +23.8% | 10 | 8985 |
| 17 | HS 440711 | Wood: coniferous species, of pine (Pinus spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm | $128.8M | +19.7% | 21 | 2951 |
| 18 | HS 870340 | Vehicles: with both spark-ignition internal combustion piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power | $89.1M | +39.8% | 22 | 3638 |
| 19 | HS 382600 | Biodiesel and mixtures thereof: not containing or containing less than 70% by weight of petroleum oils or oils obtained from bituminous minerals | $87.6M | +57.0% | 9 | 4266 |
| 20 | HS 400122 | Rubber: technically specified natural rubber (TSNR), in primary forms or in plates, sheets or strip (excluding latex and smoked sheets) | $62.0M | +19.1% | 16 | 8204 |
| 21 | HS 852872 | Reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen | $192.5M | +17.9% | 35 | 2181 |
| 22 | HS 870333 | Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity exceeding 2500cc | $74.4M | +17.4% | 27 | 6038 |
| 23 | HS 220410 | Wine: sparkling | $95.6M | +14.2% | 41 | 4245 |
| 24 | HS 870323 | Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc | $183.7M | +5.9% | 36 | 2840 |
| 25 | HS 220830 | Whiskies | $191.0M | +18.1% | 51 | 1543 |
| 26 | HS 230400 | Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil | $94.4M | +16.9% | 19 | 3967 |
| 27 | HS 230630 | Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of sunflower seed oils | $59.2M | +24.8% | 14 | 5726 |
| 28 | HS 040120 | Dairy produce: milk and cream, not concentrated, not containing added sugar or other sweetening matter, of a fat content exceeding 1% but not exceeding 6% (by weight) | $74.0M | +15.2% | 13 | 5823 |
| 29 | HS 870380 | Vehicles: with only electric motor for propulsion | $76.1M | +32.3% | 25 | 3213 |
| 30 | HS 851762 | Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus | $186.5M | +12.3% | 76 | 1649 |
| 31 | HS 847130 | Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display | $152.1M | +12.8% | 49 | 1797 |
| 32 | HS 020713 | Meat and edible offal: of the poultry of heading no. 0105, of fowls of the species gallus domesticus, cuts and offal, fresh or chilled | $60.9M | +29.2% | 19 | 4771 |
| 33 | HS 740319 | Copper: refined, unwrought, n.e.c. in item no. 7403.1 | $44.8M | +18.4% | 4 | 9998 |
| 34 | HS 871000 | Tanks and other armoured fighting vehicles: motorised, whether or not fitted with weapons, and parts of such vehicles | $48.7M | +58.1% | 46 | 6130 |
| 35 | HS 382200 | Reagents: diagnostic or laboratory reagents on a backing and prepared diagnostic or laboratory reagents whether or not on a backing, other than those of heading no. 3002 or 3006: certified reference material | $75.8M | +18.9% | 54 | 3462 |
| 36 | HS 870360 | Vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, capable of being charged by plugging to external source of electric power | $72.4M | +28.4% | 23 | 2792 |
| 37 | HS 190590 | Food preparations: bakers' wares n.e.c. in heading no. 1605, whether or not containing cocoa: communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice papers and similar products | $103.7M | +14.1% | 51 | 2469 |
| 38 | HS 120510 | Oil seeds: low erucic acid rape or colza seeds, whether or not broken | $59.5M | +22.3% | 15 | 4005 |
| 39 | HS 290122 | Acyclic hydrocarbons: unsaturated, propene (propylene) | $30.7M | +43.4% | 10 | 9921 |
| 40 | HS 860799 | Railway or tramway rolling stock: parts n.e.c. in heading no. 8607 | $40.3M | +13.1% | 19 | 9437 |
| 41 | HS 271320 | Petroleum bitumen: obtained from bituminous minerals | $45.7M | +10.6% | 10 | 8445 |
| 42 | HS 721420 | Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling | $50.1M | +21.1% | 20 | 4233 |
| 43 | HS 030214 | Fish: fresh or chilled, Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99 | $73.3M | +26.9% | 15 | 2806 |
| 44 | HS 300215 | Blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale | $97.4M | +9.4% | 28 | 2746 |
| 45 | HS 382499 | Chemical products, mixtures and preparations: n.e.c. heading 3824 | $61.6M | +33.2% | 53 | 2235 |
| 46 | HS 270799 | Oils and other products of the distillation of high temperature coal tar: n.e.s. in heading no. 2707 | $32.4M | +27.6% | 9 | 7221 |
| 47 | HS 880220 | Aeroplanes and other aircraft: of an unladen weight not exceeding 2000kg | $28.0M | +40.1% | 5 | 9445 |
| 48 | HS 230910 | Dog or cat food: put up for retail sale, used in animal feeding | $101.9M | +14.6% | 34 | 1957 |
| 49 | HS 090121 | Coffee: roasted, not decaffeinated | $78.6M | +9.4% | 32 | 2950 |
| 50 | HS 730890 | Iron or steel: structures and parts thereof, n.e.s. in heading no. 7308 | $92.6M | +8.6% | 38 | 2009 |

## Supply Gaps

Products with higher supplier concentration may deserve closer continuity and sourcing review. This is a screening signal, not a recommendation by itself.

## Method

Reported trade observations and calculated indicators are shown separately. Validate suppliers, tariffs, standards, logistics, pricing, and continuity before acting.

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.