Key Market Indicators
Latvia's electric generator exports are projected to climb to around $600,000 by 2026, up from $464,000 in 2021. The country has seen an average yearly growth of 17.6% since 1999. In 2021, Latvia was ranked 52nd, overtaken by New Zealand at $464,000. The top three countries in this ranking were the United States, France and Japan. Latvian electric generator imports are expected to reach $1.7 million by 2026, up from $1.4 million in 2021. Demand has increased by 4.1% year on year since 1999. In 2021, Latvia was 71st, with Costa Rica ahead at $1.4 million. The top three countries in this ranking were Germany, Mexico and China.
