Key Market Indicators
Latvia's semiconductor exports are set to reach around €124 million by 2026, up from €93 million in 2021. The country's exports have grown by an average of 4.8% each year since 2006, with an overall increase of 71%. Latvia came in 21st place in 2021, behind Greece at €93 million. Sweden, the Netherlands, and Denmark were in the top four spots. Latvia's semiconductor imports are expected to reach €264 million by 2026, up from €212 million in 2021. The country's imports have grown by an average of 3.7% each year since 2006, with an overall increase of 24.1%. Latvia was 24th in 2021, behind Greece at €212 million. The United Kingdom, Denmark, and Ireland were in the top four spots.
