Colombia Exports to Latvia

Colombia's exports to Latvia rose to $13.61 million in 2023, up from $2.06 million in 2022, according to the UN Comtrade Database. This represents an increase of 561.8% ($11.56 million) from the previous year. Top exports from Colombia to Latvia were Mineral fuels, oils, waxes, bitumen ($8.97 million), Coffee, tea, mate, spices ($3.57 million), Sugar and confectionery ($695,000).

Colombia moved from a trade deficit with Latvia of $5.81M in 2022 to a surplus of $6.45M in 2023. This represents a reversal of $12.26 million (211%).

Exported Goods Historical Exports Data

Colombia Exports to Latvia by Goods (2023)

The table below shows the ranking of Colombia exports to Latvia by goods in 2023, highlighting the top exported goods.

Export Rank	Exported Goods	Export Value (USD) ↓	Year
1	Mineral fuels, oils, waxes, bitumen	$8.97M	2023
2	Coffee, tea, mate, spices	$3.57M	2023
3	Sugar and confectionery	$695,000	2023
4	Live plants, bulbs, roots, cut flowers, foliage	$378,586.18	2023
5	Unspecified commodities	$3,500	2023

Colombia Exports to Latvia (1994-2023)

The table below shows historical data for Colombia exports to Latvia by year, expressed in Million USD.

Year	Export Value (Million USD)
2023	13.61
2022	2.06
2021	1.72
2020	1.89
2019	2.74
2018	2.37
2017	2.98
2016	0.77
2015	0.09
2014	0.88
2013	1.09
2012	0.79
2011	2.75
2010	0.95
2009	1.31
2008	1.63
2007	2.24
2006	0.29
2005	0.65
2004	0.38
2003	0.02
2002	0.02
2001	0.01
2000	0
1999	0.04
1998	0.07
1995	0.03
1994	0.05