# Latvia Export Playbook for Southeast Asia

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> Yugalinks regional export playbook

Compare buyer markets, access conditions, and calculated product opportunities in Southeast Asia. Use this guide to prioritize research, not to treat calculated indicators as guaranteed sales.

## Navigation

- [Yugalinks home](https://www.yugalinks.com/)
- [Trade data](https://www.yugalinks.com/trade/)
- [Open country workspace](https://www.yugalinks.com/app/countries)
- [Data sources](https://www.yugalinks.com/data-sources)
- [Methodology](https://www.yugalinks.com/methodology)

## Overview

- Exporter: Latvia (LVA)
- Region: Southeast Asia
- Latest trade year: 2024
- Buyer markets: 6
- Calculated three-year opportunity: $284.0B
- Reported FTA markets: 2
- Average reported distance: 8,826 km
- Average business entry indicator: 14 days

## Market comparison

| Market | ISO3 | Opportunity | Products | FTA | Distance | Entry days | Top product |
| --- | --- | ---: | ---: | --- | ---: | ---: | --- |
| Viet Nam | VNM | $113.3B | 26 | Reported | 7,576 km | 16 | Telephones for cellular networks or for other wireless networks |
| Singapore | SGP | $78.4B | 18 | Reported | 9,277 km | 2 | Electronic integrated circuits: n.e.c. in heading no. 8542 |
| Malaysia | MYS | $40.4B | 15 | Not reported | 8,974 km | 18 | Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits |
| Thailand | THA | $35.0B | 14 | Not reported | 7,916 km | 6 | Telephones for cellular networks or for other wireless networks |
| Indonesia | IDN | $13.0B | 5 | Not reported | 10,146 km | 13 | Product not reported |
| Philippines | PHL | $3.8B | 1 | Not reported | 9,067 km | 33 | Product not reported |

## Product and market opportunities

| Rank | Market | Product | Opportunity | Buyer growth | Current share |
| ---: | --- | --- | ---: | ---: | ---: |
| 1 | Singapore (SGP) | HS 854239 - Electronic integrated circuits: n.e.c. in heading no. 8542 | $17.5B | +4.4% | +0.0% |
| 2 | Viet Nam (VNM) | HS 851712 - Telephones for cellular networks or for other wireless networks | $17.1B | +26.8% | +0.0% |
| 3 | Singapore (SGP) | HS 854231 - Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits | $13.0B | +6.4% | +0.0% |
| 4 | Viet Nam (VNM) | HS 851770 - Telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts | $12.1B | +20.7% | +0.0% |
| 5 | Viet Nam (VNM) | HS 854232 - Electronic integrated circuits: memories | $11.6B | +29.9% | +0.0% |
| 6 | Viet Nam (VNM) | HS 854239 - Electronic integrated circuits: n.e.c. in heading no. 8542 | $11.6B | +22.2% | +0.0% |
| 7 | Viet Nam (VNM) | HS 854231 - Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits | $11.5B | +25.9% | +0.0% |
| 8 | Singapore (SGP) | HS 271019 - Product description unavailable | $7.3B | +9.1% | +0.0% |
| 9 | Singapore (SGP) | HS 854232 - Electronic integrated circuits: memories | $6.9B | +3.4% | +0.0% |
| 10 | Malaysia (MYS) | HS 854231 - Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits | $6.5B | +5.1% | +0.0% |
| 11 | Viet Nam (VNM) | HS 850760 - Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square) | $6.4B | +36.5% | +0.0% |
| 12 | Thailand (THA) | HS 851712 - Telephones for cellular networks or for other wireless networks | $5.9B | +12.2% | +0.0% |
| 13 | Thailand (THA) | HS 847180 - Data processing machines: automatic, units thereof n.e.s. in heading no. 8471 | $5.7B | +16.0% | +0.0% |
| 14 | Thailand (THA) | HS 854239 - Electronic integrated circuits: n.e.c. in heading no. 8542 | $5.7B | +5.7% | +0.0% |
| 15 | Singapore (SGP) | HS 851712 - Telephones for cellular networks or for other wireless networks | $5.6B | +9.4% | +0.0% |
| 16 | Malaysia (MYS) | HS 271019 - Product description unavailable | $5.6B | +10.6% | +0.0% |
| 17 | Viet Nam (VNM) | HS 853400 - Circuits: printed | $5.4B | +25.0% | +0.0% |
| 18 | Indonesia (IDN) | HS 271019 - Product description unavailable | $4.8B | +11.7% | +0.0% |
| 19 | Malaysia (MYS) | HS 854232 - Electronic integrated circuits: memories | $4.6B | +5.9% | +0.0% |
| 20 | Singapore (SGP) | HS 880330 - Aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803 | $4.6B | +7.9% | +0.0% |

## Sector opportunities

| Sector | Products | Reported buyer imports | Opportunity | Average growth |
| --- | ---: | ---: | ---: | ---: |
| HS2 85 - HS2 sector 85 | 38 | $296.3B | $190.0B | +13.4% |
| HS2 84 - HS2 sector 84 | 16 | $52.9B | $37.0B | +10.4% |
| HS2 00 - HS2 sector 00 | 5 | $66.8B | $25.2B | +10.7% |
| HS2 88 - HS2 sector 88 | 2 | $6.9B | $5.6B | +8.7% |
| HS2 60 - HS2 sector 60 | 3 | $4.3B | $4.9B | +19.4% |
| HS2 72 - HS2 sector 72 | 2 | $4.3B | $3.8B | +20.6% |
| HS2 73 - HS2 sector 73 | 2 | $4.0B | $3.3B | +12.2% |
| HS2 95 - HS2 sector 95 | 2 | $2.0B | $2.5B | +9.0% |

## Frequently asked questions

### Should Latvia focus on Southeast Asia?

Use the market ranking as a starting point, then check product fit, buyer requirements, route costs, tariffs, standards, and competitive conditions.

### What does calculated opportunity mean?

It is a screening indicator built from demand and exporter-position signals. It is not a confirmed order, sales forecast, or guarantee of market entry.

### How should exporters use this page?

Prioritize one market and product combination, then validate buyers, compliance, logistics, pricing, and continuity before making a commercial decision.

## Method

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

Yugalinks presents derived views for research and planning. [Read the full methodology](https://www.yugalinks.com/methodology).

## 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.