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Where does Latvia get its refined petroleum products? Import sources 2024

In 2024, Latvia imported $1.5 billion of refined petroleum products (2.1 million tonnes), 0.2% of the world total. Its main sources were Lithuania (44%), Finland (22%) and Norway (11%). Latvia was the world’s 92nd-largest importer of refined petroleum products.

Summary

Value
$1.5billion
Tonnes
2.1million tonnes
Share of world total
0.2%
World rank
92nd
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
Lithuania663Tonnes: 919,777USD per tonne: $72144.2%Sea
Finland330Tonnes: 586,523USD per tonne: $56222%Sea
Norway170Tonnes: 247,705USD per tonne: $68711.3%Sea
United States38Tonnes: 45,188USD per tonne: $8412.5%Sea
Germany34.7Tonnes: 31,701USD per tonne: $1,0952.3%Sea
China28.6Tonnes: 34,562USD per tonne: $8271.9%Sea
Estonia26.9Tonnes: 22,849USD per tonne: $1,1791.8%Land
Netherlands re-exports26Tonnes: 20,597USD per tonne: $1,2621.7%Sea
Belgium re-exports23.6Tonnes: 19,350USD per tonne: $1,2181.6%Sea
Sweden23Tonnes: 34,985USD per tonne: $6571.5%Sea
Saudi Arabia22.5Tonnes: 28,856USD per tonne: $7811.5%Sea
United Arab Emirates18.4Tonnes: 24,907USD per tonne: $7401.2%Sea
Denmark17.6Tonnes: 20,422USD per tonne: $8601.2%Sea
Kuwait16.7Tonnes: 19,162USD per tonne: $8731.1%Sea
Russia15.3Tonnes: 16,934USD per tonne: $9061%Sea
Poland13.4Tonnes: 7,665USD per tonne: $1,7460.89%Sea
India8.2Tonnes: 9,921USD per tonne: $8270.55%Sea
Uzbekistan5.4Tonnes: 5,687USD per tonne: $9520.36%Sea
Cyprus5.1Tonnes: 5,443USD per tonne: $9370.34%Sea
Slovakia3.6Tonnes: 3,706USD per tonne: $9770.24%Sea

Trend

Who it buys from

Lithuania has been its main source since 1998

Value in USD billions. The five largest sources in 2024.

  • Lithuania 0.66
  • Finland 0.33
  • Norway 0.17
  • United States 0.04
  • Germany 0.03

Source: CEPII BACI

Show the numbers
Partner19952024
Lithuania0.030.66
Finland0.030.33
Norway< 0.010.17
United States< 0.010.04
Germany< 0.010.03

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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