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Trade between Latvia and Poland

In 2024, Latvia exported $736 million to Poland and imported $2.3 billion. Latvia ran a deficit of $1.6 billion with Poland, compared with a deficit of $980 million in 2019. Poland was Latvia’s 3rd largest trading partner (8% of its trade), and Latvia was Poland’s 36th (0.4%).

Summary

Latvia → Poland
$736million
Poland → Latvia
$2.3billion
Latvia’s balance
-$1.6billion

Balance

Latvia’s trade balance with Poland

Trade between Latvia and Poland grew 39.4-fold since 1995

USD billions (current). Latvia’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 0.7
  • Imports 2.3
  • Balance -1.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$35 million$42 million-$7 million
1996$23 million$67 million-$45 million
1997$25 million$101 million-$76 million
1998$36 million$140 million-$103 million
1999$36 million$158 million-$122 million
2000$32 million$143 million-$111 million
2001$37 million$169 million-$131 million
2002$41 million$199 million-$159 million
2003$54 million$268 million-$215 million
2004$184 million$385 million-$201 million
2005$295 million$537 million-$241 million
2006$168 million$797 million-$629 million
2007$304 million$1 billion-$720 million
2008$324 million$1.1 billion-$750 million
2009$254 million$726 million-$473 million
2010$305 million$820 million-$515 million
2011$442 million$1.2 billion-$716 million
2012$428 million$1.2 billion-$809 million
2013$485 million$1.5 billion-$992 million
2014$592 million$1.7 billion-$1.1 billion
2015$594 million$1.4 billion-$854 million
2016$482 million$1.4 billion-$922 million
2017$489 million$1.4 billion-$925 million
2018$671 million$1.6 billion-$880 million
2019$530 million$1.5 billion-$980 million
2020$675 million$1.7 billion-$991 million
2021$725 million$2 billion-$1.3 billion
2022$784 million$2.4 billion-$1.6 billion
2023$723 million$2.5 billion-$1.7 billion
2024$736 million$2.3 billion-$1.6 billion

What they sell each other

What Latvia sells to Poland

The top 10 headings in 2024, with their share of the total.

  1. 137 tonnes
  2. Natural gas and LPG$47 million · 6.3%
    96 thousand tonnes
  3. Plywood$27 million · 3.7%
    21 thousand tonnes
  4. Live cattle$24 million · 3.2%
    8 thousand tonnes
  5. Fresh beef$21 million · 2.9%
    5 thousand tonnes
  6. Copper scrap$20 million · 2.7%
    2 thousand tonnes
  7. Chocolate$17 million · 2.3%
    2 thousand tonnes · Poland’s sources
  8. Wood veneer sheets$16 million · 2.2%
    21 thousand tonnes
  9. Peat$15 million · 2%
    162 thousand tonnes
  10. Auto parts$13 million · 1.8%
    933 tonnes · Poland’s sources

What Poland sells to Latvia

The top 10 headings in 2024, with their share of the total.

  1. Auto parts$86 million · 3.7%
    7 thousand tonnes · Poland’s destinations
  2. Monitors and projectors$64 million · 2.8%
    2 thousand tonnes · Poland’s destinations
  3. 835 tonnes · Poland’s destinations
  4. Poultry meat$52 million · 2.2%
    21 thousand tonnes · Poland’s destinations
  5. Cars$48 million · 2.1%
    3 thousand tonnes · Poland’s destinations
  6. Pesticides and herbicides$44 million · 1.9%
    2 thousand tonnes
  7. Cheese$38 million · 1.6%
    8 thousand tonnes
  8. Pork$33 million · 1.4%
    11 thousand tonnes
  9. Steel structures$33 million · 1.4%
    18 thousand tonnes
  10. Pet and animal feed$29 million · 1.3%
    23 thousand tonnes

How it travels

Estimated sea route from Riga to Gdańsk.

The estimated sea route between Riga and Gdańsk is 341 nautical miles (631 km) long: ≈ 1 day at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$2.7 billion · 88.6%
  2. Air$348 million · 11.4%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Poland was Latvia’s 3rd largest trading partner (8% of its trade), and Latvia was Poland’s 36th (0.4%).

Poland in Latvia’s trade
7.5%
Poland’s rank among Latvia’s partners
3rd
Latvia in Poland’s trade
0.4%
Latvia’s rank among Poland’s partners
36th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.