The information presented in this report shows the interaction of Saudi Arabia and Republic of Latvia in terms of economic and social factors.
In April 2026, Saudi Arabia exported 1.5 million to Republic of Latvia, representing 0.002% of Saudi Arabia's total exports during that month.
The main products exported by Saudi Arabia to Republic of Latvia in April 2026 were plastics and articles thereof and optical, photographic, measuring and medical instrument.
Regarding non-oil exports, these amounted to 5.3 million, with machinery and mechanical appliances, electrical equipment, parts thereof being the main product exported to Republic of Latvia.
In April 2026, Saudi Arabia imported 8.3 million from Republic of Latvia, representing 0.01% of Saudi Arabia's total imports during that month.
The main products imported by Saudi Arabia from Republic of Latvia in April 2026 were mineral fuels, oils and waxes and aircraft, spacecraft and parts thereof.
Republic of Latvia achieved positive growth in the foreign direct investment (FDI) stock at the end of 2024 with Saudi Arabia, which amounted to 173.0 thousand, compared to the FDI stock of 2023, which was 53.6 thousand.
In April 2026, exports from Saudi Arabia to Republic of Latvia amounted to 1.5 million (0.002% of total exports), while imports from Republic of Latvia amounted to 8.3 million (0.01% of total imports). As a result, the trade balance resulted in a deficit of 6.8 million.
The graph shows the monthly evolution of exports from Saudi Arabia to Republic of Latvia and the monthly evolution of imports from Republic of Latvia. The line represents the trade balance.
The graph shows the annual fluctuations in export value from Saudi Arabia to Republic of Latvia, showcasing the corresponding annual growth trends.
Saudi Arabia's exports to Republic of Latvia in 2025 reached a total of 32.8 million. The main section wise exports in terms of commercial value were plastics and articles thereof ( 30.4 million), aircraft, spacecraft and parts thereof ( 1.3 million), and optical, photographic, measuring and medical instrument ( 560.4 thousand).
The chart shows section wise exports by Saudi Arabia to Republic of Latvia annually, measured in commercial value.
Non-oil exports from Saudi Arabia to Republic of Latvia in May 2026 reached a total of 5.3 million. The main non-oil exports were machinery and mechanical appliances, electrical equipment, parts thereof ( 4.7 million) and plastics, rubber and their articles ( 618.6 thousand).
The graph shows the non-oil products exported from Saudi Arabia to Republic of Latvia monthly.
During 2025, Saudi Arabia's imports from Republic of Latvia reached 175.6 million, being higher by 5.6% compared to the previous year.
The graph shows the annual fluctuations of Saudi Arabia's import value from Republic of Latvia, showcasing the corresponding annual growth trends.
Saudi Arabia's imports from Republic of Latvia in 2025 reached a total of 175.6 million. The main section wise imports in terms of commercial value were mineral fuels, oils and waxes ( 46.4 million), wood and articles of wood; wood charcoal ( 27.1 million), and electrical machinery and equipment and parts thereof ( 23.6 million).
The chart shows section wise imports by Saudi Arabia from Republic of Latvia annually, measured in commercial value.
In 2024, 173.0 thousand in FDI stock were recorded, being higher by 222.5% compared to the previous year.
The graph shows the annual evolution of the stock of FDI from Republic of Latvia in Saudi Arabia.
