# Latvia Machinery and electrical equipment Export Opportunities (HS 84-85)

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> Yugalinks sector export playbook

Explore Latvia HS 84-85 machinery and electrical equipment export opportunities, product portfolio, buyer markets, growth signals, and diversification opportunities.

## Overview

- Exporter: Latvia (LVA)
- Sector: Machinery and electrical equipment
- HS chapters: HS 84-85
- Latest trade year: 2024
- Sector exports: $260.5M
- Products: 77
- Buyer markets: 45
- Average CAGR: +26.6%
- Global sector size: $2.7T

## Product portfolio

| Product | Global size | Your exports | Opportunity | CAGR | Markets | Share |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| HS 851712 - Telephones for cellular networks or for other wireless networks | $334.9B | $24.1M | $312.4B | +13.0% | 39 | +0.0% |
| 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 | $380.5B | $11.9M | $190.2B | +23.4% | 14 | +0.0% |
| HS 854239 - Electronic integrated circuits: n.e.c. in heading no. 8542 | $300.6B | $1.5M | $167.9B | +17.6% | 15 | +0.0% |
| HS 854232 - Electronic integrated circuits: memories | $188.5B | $1.4M | $147.7B | +20.4% | 8 | +0.0% |
| 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 | $132.3B | $3.4M | $117.7B | +18.3% | 25 | +0.0% |
| HS 850760 - Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square) | $90.2B | $4.6M | $90.7B | +36.7% | 19 | +0.0% |
| HS 847150 - Digital processing units: other than those of subheadings 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units | $106.8B | $2.8M | $68.8B | +14.8% | 13 | +0.0% |
| HS 847180 - Data processing machines: automatic, units thereof n.e.s. in heading no. 8471 | $69.0B | $1.8M | $65.9B | +11.2% | 9 | +0.0% |
| 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 | $150.2B | $135.6M | $62.2B | +39.9% | 23 | +0.1% |
| HS 847330 - Machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units | $119.6B | $2.9M | $55.7B | +10.6% | 14 | +0.0% |
| 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 | $63.2B | $2.4M | $54.0B | +17.3% | 13 | +0.0% |
| HS 854140 - Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light emitting diodes | $49.1B | $207.8K | $36.7B | +7.6% | 13 | +0.0% |
| HS 841191 - Turbines: parts of turbo-jets and turbo-propellers | $44.9B | $88.3K | $25.3B | +10.2% | 6 | +0.0% |
| HS 852990 - Reception and transmission apparatus: for use with the apparatus of heading no. 8525 to 8528, excluding aerials and aerial reflectors | $29.9B | $115.5K | $22.2B | +18.1% | 6 | +0.0% |
| HS 853400 - Circuits: printed | $30.8B | $1.1M | $21.7B | +24.9% | 9 | +0.0% |
| HS 850440 - Electrical static converters | $49.3B | $3.9M | $21.1B | +27.6% | 11 | +0.0% |
| HS 853710 - Boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage not exceeding 1000 volts | $42.4B | $27.4M | $20.7B | +53.4% | 6 | +0.0% |
| HS 852351 - Semiconductor media: solid-state non-volatile storage devices, whether or not recorded, excluding products of Chapter 37 | $32.3B | $270.6K | $18.3B | +8.6% | 4 | +0.0% |
| HS 854430 - Insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships | $20.7B | $102.1K | $17.3B | +35.9% | 4 | +0.0% |
| HS 848690 - Machines and apparatus of heading 8486: parts and accessories | $25.5B | $82.8K | $16.7B | +4.6% | 6 | +0.0% |
| HS 841112 - Turbo-jets: of a thrust exceeding 25kN | $26.8B | $2.7M | $14.0B | +44.3% | 4 | +0.0% |
| 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 | $14.5B | $9.8K | $13.4B | +8.2% | 2 | +0.0% |
| HS 847170 - Data processing machines: storage units | $28.6B | $999.0K | $13.3B | +32.6% | 4 | +0.0% |
| HS 852580 - Television cameras, digital cameras and video camera recorders | $22.1B | $5.1M | $9.6B | +46.7% | 6 | +0.0% |
| HS 854290 - Parts of electronic integrated circuits | $18.3B | $24.2K | $9.3B | +22.8% | 5 | +0.0% |
| HS 853690 - Electrical apparatus: n.e.s. in heading no. 8536, for switching or protecting electrical circuits, for a voltage not exceeding 1000 volts | $16.8B | $758.9K | $8.6B | +33.4% | 4 | +0.0% |
| HS 854233 - Electronic integrated circuits: amplifiers | $15.6B | $531.9K | $8.5B | +11.5% | 3 | +0.0% |
| HS 848180 - Taps, cocks, valves and similar appliances: for pipes, boiler shells, tanks, vats or the like, including thermostatically controlled valves | $20.4B | $1.5M | $8.4B | +22.1% | 5 | +0.0% |
| HS 852852 - Monitors: other than cathode-ray tube: capable of directly connecting to and designed for use with an automatic data processing machine of heading 84.71 | $9.7B | $655.0K | $8.2B | +19.7% | 3 | +0.0% |
| HS 847989 - Machines and mechanical appliances: n.e.s. in item no. 8479.8, having individual functions | $21.5B | $333.7K | $8.2B | +3.3% | 5 | +0.0% |
| HS 854370 - Electrical machines and apparatus: having individual functions, not specified or included elsewhere in this chapter, n.e.c. in heading no. 8543 | $20.6B | $1.5M | $8.0B | +21.5% | 3 | +0.0% |
| HS 854129 - Electrical apparatus: transistors, (other than photosensitive), with a dissipation rate of 1W or more | $10.2B | $6.8K | $7.8B | -5.5% | 2 | +0.0% |
| HS 854442 - Insulated electric conductors: for a voltage not exceeding 1000 volts, fitted with connectors | $14.6B | $3.3M | $7.7B | +37.7% | 5 | +0.0% |
| HS 842139 - Machinery: for filtering or purifying gases, other than intake air filters for internal combustion engines | $12.1B | $8.8M | $7.0B | +56.1% | 4 | +0.1% |
| HS 840991 - Engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft) | $13.5B | $217.2K | $6.9B | +20.8% | 4 | +0.0% |
| HS 841590 - Air conditioning machines: with motor driven fan and elements for temperature control, parts thereof | $8.8B | $456.5K | $6.5B | +12.6% | 1 | +0.0% |
| HS 853224 - Electrical capacitors: fixed, ceramic dielectric, multilayer | $7.5B | $13.5K | $6.1B | +18.5% | 2 | +0.0% |
| HS 847149 - Data processing machines: digital, automatic, (not portable, analogue or hybrid), presented in the form of systems, n.e.s. in item no. 8471.41 | $7.4B | $64.7K | $6.0B | +16.2% | 2 | +0.0% |
| HS 851220 - Lighting or visual signalling equipment: electrical, of a kind used on motor vehicles (excluding articles of heading no. 8539) | $10.3B | $515.4K | $5.4B | +29.2% | 3 | +0.0% |
| HS 840734 - Engines: reciprocating piston engines, of a kind used for the propulsion of vehicles of chapter 87, of a cylinder capacity exceeding 1000cc | $13.8B | $25.9K | $5.3B | +30.3% | 2 | +0.0% |
| HS 844399 - Printing machinery: parts and accessories, n.e.c. in item no. 8443.91 | $10.9B | $781.0K | $5.1B | +23.5% | 3 | +0.0% |
| HS 850980 - Electro-mechanical domestic appliances: with self-contained electric motor, other than vacuum cleaners of heading 85.08, n.e.c. in heading no. 8509 | $3.6B | $12.0K | $5.0B | +15.6% | 2 | +0.0% |
| HS 853890 - Electrical apparatus: parts suitable for use solely or principally with the apparatus of heading no. 8535, 8536 or 8537 | $8.2B | $339.2K | $4.8B | +11.6% | 2 | +0.0% |
| HS 840820 - Engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87 | $7.1B | $28.3K | $4.5B | +3.2% | 3 | +0.0% |
| HS 854449 - Insulated electric conductors: for a voltage not exceeding 80 volts, not fitted with connectors | $5.3B | $39.7K | $3.4B | +38.8% | 2 | +0.0% |
| HS 851830 - Headphones and earphones, whether or not combined with a microphone, and sets consisting of a microphone and one or more loudspeakers | $5.1B | $19.0K | $3.4B | +43.6% | 1 | +0.0% |
| HS 850790 - Electric accumulators: parts n.e.c. in heading no. 8507 | $4.6B | $2.8K | $3.3B | -16.6% | 2 | +0.0% |
| HS 841199 - Turbines: parts of gas turbines (excluding turbo-jets and turbo-propellers) | $6.1B | $10.0K | $3.3B | -5.5% | 2 | +0.0% |
| HS 848620 - Machines and apparatus of a kind used solely or principally for the manufacture of semiconductor devices or of electronic integrated circuits | $8.4B | $7.1K | $3.1B | +31.0% | 1 | +0.0% |
| HS 840999 - Engines: parts for internal combustion piston engines (excluding spark-ignition) | $6.8B | $1.3M | $3.0B | +23.7% | 2 | +0.0% |
| HS 851679 - Electro-thermic appliances: n.e.c. in heading no. 8516, used for domestic purposes | $2.2B | $1.7K | $2.6B | -3.0% | 1 | +0.0% |
| HS 843149 - Machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431 | $5.8B | $126.7K | $2.5B | +8.2% | 2 | +0.0% |
| HS 850300 - Electric motors and generators: parts suitable for use solely or principally with the machines of heading no. 8501 or 8502 | $7.9B | $276.0K | $2.3B | +12.1% | 2 | +0.0% |
| HS 854110 - Electrical apparatus: diodes, other than photosensitive or light emitting diodes | $2.8B | $11.0K | $2.1B | +16.8% | 1 | +0.0% |
| HS 846729 - Tools: for working in the hand, with self-contained electric motor: other than saws and drills | $3.7B | $8.0K | $1.9B | -1.3% | 1 | +0.0% |
| HS 853950 - Lamps: light-emitting diode (LED) lamps | $1.5B | $4.2K | $1.9B | -14.1% | 1 | +0.0% |
| HS 841869 - Refrigerating or freezing equipment: heat pumps, other than compression type units whose condensers are heat exchangers | $2.7B | $6.5K | $1.8B | +31.7% | 1 | +0.0% |
| HS 854470 - Insulated electric conductors: optical fibre cables | $2.3B | $2.4M | $1.7B | +18.4% | 1 | +0.1% |
| HS 851660 - Ovens, cookers, cooking plates, boiling rings, grillers and roasters: of a kind used for domestic purposes (excluding microwaves) | $2.8B | $711.2 | $1.5B | +6.9% | 1 | +0.0% |
| HS 847160 - Units of automatic data processing machines: input or output units, whether or not containing storage units in the same housing | $2.6B | $368.2K | $1.5B | +17.9% | 1 | +0.0% |
| HS 848190 - Taps, cocks, valves and similar appliances: parts thereof | $3.8B | $20.9K | $1.5B | +20.6% | 1 | +0.0% |
| HS 841480 - Pumps and compressors: for air, vacuum or gas, n.e.s. in heading no. 8414 | $4.0B | $14.4K | $1.4B | +2080.9% | 1 | +0.0% |
| HS 850940 - Electro-mechanical domestic appliances: food grinders and mixers, fruit or vegetable juice extractors, with self-contained electric motor | $1.3B | $4.3K | $1.2B | +75.4% | 1 | +0.0% |
| HS 853650 - Electrical apparatus: switches n.e.c. in heading no. 8536, for a voltage not exceeding 1000 volts | $3.0B | $129.8K | $1.2B | +26.0% | 1 | +0.0% |
| HS 842890 - Lifting machinery: handling, loading or unloading machinery n.e.s. in heading no. 8428 | $4.6B | $493.4K | $1.2B | +29.6% | 1 | +0.0% |
| HS 852721 - Radio-broadcast receivers not capable of operating without an external source of power, of a kind used in motor vehicles: combined with sound recording or reproducing apparatus | $2.6B | $2.1K | $1.2B | +1.5% | 1 | +0.0% |
| HS 850811 - Vacuum cleaners, with self-contained electric motor, of a power not exceeding 1,500 W and having a dust bag or other receptacle capacity not exceeding 20L | $2.3B | $360.7K | $1.2B | +53.4% | 1 | +0.0% |
| HS 842952 - Mechanical shovels, excavators and shovel loaders: with a 360 degree revolving super structure | $934.5M | $271.8K | $1.2B | +23.7% | 1 | +0.0% |
| HS 841330 - Pumps: fuel, lubricating or cooling medium pumps for internal combustion piston engines | $2.9B | $45.9K | $1.2B | +17.8% | 1 | +0.0% |
| HS 851290 - Lighting or signalling equipment: electrical, (excluding articles of heading no. 8539), windscreen wipers, defrosters and demisters: parts, of those kinds used for cycles or motor vehicles | $1.9B | $736.7 | $1.1B | -9.7% | 1 | +0.0% |
| HS 850131 - Electric motors and generators: DC, of an output not exceeding 750W | $2.7B | $215.6K | $1.1B | +59.6% | 1 | +0.0% |
| HS 852329 - Magnetic media: other than cards incorporating a magnetic stripe, whether or not recorded, excluding products of Chapter 37 | $2.2B | $190.6 | $1.1B | +8.5% | 1 | +0.0% |
| HS 851150 - Ignition or starting equipment: generators n.e.c. in heading no. 8511, of a kind used for spark or compression-ignition internal combustion engines | $1.5B | $4.0K | $1.1B | +3.0% | 1 | +0.0% |
| HS 848790 - Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84 | $578.5M | $235.9 | $1.1B | -13.3% | 1 | +0.0% |
| HS 853620 - Electrical apparatus: automatic circuit breakers, for a voltage not exceeding 1000 volts | $2.3B | $13.7K | $1.1B | +9.9% | 1 | +0.0% |
| HS 842129 - Machinery: for filtering or purifying liquids, n.e.c. in item no. 8421.2 | $894.8M | $9.4K | $1.1B | +18.4% | 1 | +0.0% |
| HS 844331 - Printing, copying, and facsimile machines: machines which perform two or more of the functions of printing, copying or facsimile transmission, capable of connecting to an automatic data processing machine or to a network | $3.3B | $1.2K | $1.0B | +11.1% | 1 | +0.0% |

## Best markets

- USA, Puerto Rico and US Virgin Islands (USA): $392.4B calculated opportunity across 66 products.
- China (CHN): $352.1B calculated opportunity across 30 products.
- China, Hong Kong Special Administrative Region (HKG): $128.1B calculated opportunity across 18 products.
- Viet Nam (VNM): $94.2B calculated opportunity across 16 products.
- Mexico (MEX): $83.6B calculated opportunity across 29 products.
- Republic of Korea (KOR): $80.2B calculated opportunity across 16 products.
- Germany (DEU): $73.6B calculated opportunity across 22 products.
- India (IND): $65.5B calculated opportunity across 15 products.
- Singapore (SGP): $62.9B calculated opportunity across 13 products.
- Japan (JPN): $59.7B calculated opportunity across 16 products.
- Taiwan (TWN): $58.6B calculated opportunity across 12 products.
- Netherlands (NLD): $36.5B calculated opportunity across 10 products.

## Growth stars

- HS 841480: +2080.9% average CAGR, $1.4B calculated opportunity.
- HS 850940: +75.4% average CAGR, $1.2B calculated opportunity.
- HS 850131: +59.6% average CAGR, $1.1B calculated opportunity.
- HS 842139: +56.1% average CAGR, $7.0B calculated opportunity.
- HS 853710: +53.4% average CAGR, $20.7B calculated opportunity.
- HS 850811: +53.4% average CAGR, $1.2B calculated opportunity.
- HS 852580: +46.7% average CAGR, $9.6B calculated opportunity.
- HS 841112: +44.3% average CAGR, $14.0B calculated opportunity.
- HS 851830: +43.6% average CAGR, $3.4B calculated opportunity.
- HS 851762: +39.9% average CAGR, $62.2B calculated opportunity.

## Diversification opportunities

- HS 851712: 39 buyer markets, $312.4B calculated opportunity.
- HS 847130: 25 buyer markets, $117.7B calculated opportunity.
- HS 851762: 23 buyer markets, $62.2B calculated opportunity.
- HS 850760: 19 buyer markets, $90.7B calculated opportunity.
- HS 854239: 15 buyer markets, $167.9B calculated opportunity.
- HS 854231: 14 buyer markets, $190.2B calculated opportunity.
- HS 847330: 14 buyer markets, $55.7B calculated opportunity.
- HS 847150: 13 buyer markets, $68.8B calculated opportunity.
- HS 851770: 13 buyer markets, $54.0B calculated opportunity.
- HS 854140: 13 buyer markets, $36.7B calculated opportunity.

## Method

Reported trade observations and calculated indicators are shown separately. Validate buyers, standards, logistics, pricing, and competition before acting. [Read the Yugalinks 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.