Mexico Imports from Latvia

Mexico's imports from Latvia fell to $19.2 million in 2024, down from $27.44 million in 2023, according to the UN Comtrade Database. This represents a decrease of 30% ($8.24 million) from the previous year. Top imports for Mexico from Latvia were Electrical machinery and equipment ($6.90 million), Mineral fuels, oils, waxes, bitumen ($6.37 million), Machinery, mechanical appliances and reactors ($1.38 million).

Mexico moved from a trade surplus with Latvia of $15.99 million in 2023 to a deficit of $6 million in 2024. This represents a reversal of $21.98 million (137.5%).

Mexico Imports from Latvia by Goods (2024)

The table below shows the ranking of Mexico imports from Latvia by goods in 2024, highlighting the top imported goods.

Import Rank Imported Goods Import Value (USD) Year
1 Electrical machinery and equipment; audio and video equipment $6.90M 2024
2 Mineral fuels, oils, waxes, bitumen $6.37M 2024
3 Machinery, mechanical appliances, reactors $1.38M 2024
4 Articles of iron or steel $998,002 2024
5 Furniture, bedding, lighting, prefabricated buildings $784,025 2024
6 Optical, medical, measuring instruments $637,383 2024
7 Glass and glassware $634,557 2024
8 Plastics and plastic articles $555,594 2024
9 Unspecified commodities $323,627 2024
10 Vehicles other than railway or tramway and parts $247,086 2024
11 Rubber and rubber articles $199,688 2024
12 Wood and wood products, charcoal $87,581 2024
13 Aluminium and aluminium articles $46,371 2024
14 Printed books, newspapers, printed matter $18,286 2024
15 Miscellaneous chemical products $12,841 2024
16 Miscellaneous base metal articles $9,826 2024