Latvia chemical trade
Chemicals, plastics and rubber (HS chapters 28 to 40) that Latvia reported exporting and importing, with its largest HS codes and partner countries.
Exports in 2024
$2.35B
+0.6% vs 2023
Imports in 2024
$3.47B
−0.5% vs 2023
Trade balance
−$1.12B
Net importer
World exporter rank
#60
<0.1% of world chemical exports
Trend
Latvia's chemical exports and imports per year, 2019 to 2024, as reported by the country.
Exports$2.35B in 2024Imports$3.47B in 2024
$0
$1B
$2B
$3B
$4B
Show the numbersHide the numbers
| Year | Exports | Imports |
|---|---|---|
| 2019 | $1.57B | $2.55B |
| 2020 | $1.67B | $2.67B |
| 2021 | $2.31B | $3.56B |
| 2022 | $2.48B | $3.85B |
| 2023 | $2.33B | $3.49B |
| 2024 | $2.35B | $3.47B |
2025 figures are incomplete and not shown yet.
By HS chapter
How Latvia's chemical trade in 2024 splits across chapters 28 to 40.
Exports Imports
- 28Inorganic chemicalsExports $23.5MImports $54.8M
- 29Organic chemicalsExports $191MImports $229M
- 30Pharmaceutical productsExports $671MImports $990M
- 31FertilisersExports $69.6MImports $250M
- 32Dyes, pigments and paintsExports $105MImports $132M
- 33Essential oils and cosmeticsExports $211MImports $245M
- 34Surfactants, soaps and waxesExports $104MImports $143M
- 35Proteins, starches, glues and enzymesExports $18.9MImports $33.6M
- 36Explosives and pyrotechnicsExports $1.48MImports $3.02M
- 37Photographic goodsExports $6.09MImports $11.7M
- 38Miscellaneous chemical productsExports $350MImports $351M
- 39PlasticsExports $439MImports $757M
- 40RubberExports $158MImports $270M
Largest HS codes
The chemical HS codes Latvia exported and imported the most in 2024.
Top exports
- 13004.90Medicaments consisting of mixed or unmixed products not elsewhere classified in heading 3004, for therapeutic…At least 24 destinations$539M
- 23826.00Biodiesel and mixtures thereof, not containing or containing less than 70 % by weight of…At least 2 destinations$204M
- 33304.99Beauty or make-up preparations and preparations for the care of the skin (other than…At least 25 destinations$68.2M
- 43004.39Medicaments containing hormones (but not insulin), adrenal cortex hormones or antibiotics, for therapeutic…At least 9 destinations$60.7M
- 53926.90Plastics, other articles not elsewhere classified in chapter 39At least 28 destinations$60.5M
- 62901.22Propene (propylene)At least 2 destinations$59.6M
- 74011.10New pneumatic tyres, of a kind used on motor cars (including station wagons and racing cars)At least 6 destinations$55.7M
- 83907.69Poly(ethylene terephthalate), otherAt least 8 destinations$48.1M
- 93406.00Candles, tapers and the likeAt least 21 destinations$45.8M
- 103822.90Diagnostic or laboratory reagents on a backing, prepared diagnostic or laboratory reagents whether or not on…At least 22 destinations$41M
- 113822.19Diagnostic or laboratory reagents on a backing, prepared diagnostic or laboratory reagents whether or not on…At least 21 destinations$39.5M
- 123214.10Painters' fillingsAt least 16 destinations$39M
Top imports
- 13004.90Medicaments consisting of mixed or unmixed products not elsewhere classified in heading 3004, for therapeutic…At least 18 supplying countries$746M
- 24011.10New pneumatic tyres, of a kind used on motor cars (including station wagons and racing cars)At least 19 supplying countries$97.1M
- 33002.15Immunological products, put up in measured doses or in forms or packings for retail saleAt least 11 supplying countries$80.5M
- 43304.99Beauty or make-up preparations and preparations for the care of the skin (other than…At least 25 supplying countries$76.3M
- 53004.39Medicaments containing hormones (but not insulin), adrenal cortex hormones or antibiotics, for therapeutic…At least 9 supplying countries$68.5M
- 63826.00Biodiesel and mixtures thereof, not containing or containing less than 70 % by weight of…At least 4 supplying countries$68.2M
- 73822.19Diagnostic or laboratory reagents on a backing, prepared diagnostic or laboratory reagents whether or not on…At least 19 supplying countries$66.5M
- 83926.90Plastics, other articles not elsewhere classified in chapter 39At least 24 supplying countries$65.4M
- 93105.20Mineral or chemical fertilisers containing the three fertilising elements nitrogen…At least 9 supplying countries$51.6M
- 103402.50Preparations put up for retail saleAt least 14 supplying countries$49.3M
- 112901.22Propene (propylene)At least 2 supplying countries$44M
- 123808.93Herbicides, anti-sprouting products and plant-growth regulatorsAt least 12 supplying countries$42.1M
Main partner countries
Where Latvia's chemicals went and came from in 2024, among the 28 major reporting economies. Based on the top 10 partners for each HS code.
Exports to
- 1$182M7.7% of exports
- 2$102M4.3% of exports
- 3$66.2M2.8% of exports
- 4$42.7M1.8% of exports
- 5$37.2M1.6% of exports
- 6$29.3M1.2% of exports
- 7$16.2M0.7% of exports
- 8$14.9M0.6% of exports
- 9$11.7M0.5% of exports
- 10$10.2M0.4% of exports
Imports from
- 1$501M14.4% of imports
- 2$435M12.5% of imports
- 3$175M5.0% of imports
- 4$126M3.6% of imports
- 5$71.3M2.1% of imports
- 6$68.6M2.0% of imports
- 7$65.3M1.9% of imports
- 8$43M1.2% of imports
- 9$34.9M1.0% of imports
- 10$33.3M1.0% of imports
Sourcing from Latvia
Turn the statistics into suppliers and quotes.