Key Market Indicators
Latvian aircraft parts exports are expected to hit $35 million by 2026, a 4.1% increase from the 2021 figure of $27 million. This marks a 30.5% increase from 1999. In 2021, Latvia ranked 50th, while Croatia came in at 49th with $27 million. Germany, Singapore and France took the 2nd, 3rd and 4th spots respectively. Meanwhile, Latvian aircraft parts imports are projected to reach $45 million in 2026, a 3.5% increase from the 2021 figure of $36 million. This marks a 13.5% increase from 1999. In 2021, Hungary ranked above Latvia at 59th with $36 million. France, Germany and Singapore took the 2nd, 3rd and 4th places respectively.
