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Latvia

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2025-Q3: US$14.5k, Remittances received from Latvia

The main sale from Mexico to Latvia in 2024 was Undenatured Ethyl Alcohol Alcohol Content Volume of less than 80% (US$6.58M). The main origins of sales to Latvia were Ciudad de México (US$4.46M), Morelos (US$2.64M), and Jalisco (US$2.45M).

The main product bought by Mexico from Latvia in 2024 was Peat (Including Peat Litter), whether or not Agglomerated (US$5.2M). The main destinations of purchases made to Latvia were Ciudad de México (US$6.59M), Chihuahua (US$3.16M), and Jalisco (US$2.56M).

Regarding remittances, in the third quarter of 2025, Mexico received US$14.5k in remittances from Latvia, while Latvia received US$11.8k in remittances from Mexico.

Commercial Exchange

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The icons show the percentage share of Latvia in Mexico's imports and exports, as well as the net trade balance between the two countries.

Data provided by Bank of Mexico.

Net International Exchange

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In February 2026, the exports from Mexico to Latvia were US$3.09M, while imports reached US$1.9M. The above results in a trade balance of US$1.19M.

Annual International Trade

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The main sale from Mexico to Latvia in 2024 was Undenatured Ethyl Alcohol Alcohol Content Volume of less than 80% (US$6.58M). The main origins of sales to Latvia were Ciudad de México (US$4.46M), Morelos (US$2.64M), and Jalisco (US$2.45M).

The main product bought by Mexico from Latvia in 2024 was Peat (Including Peat Litter), whether or not Agglomerated (US$5.2M). The main destinations of purchases made to Latvia were Ciudad de México (US$6.59M), Chihuahua (US$3.16M), and Jalisco (US$2.56M).

Monthly International Trade

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The main sale from Mexico to Latvia in February 2026 was Undenatured Ethyl Alcohol Alcohol Content Volume of less than 80% (US$1.96M). The main origins of sales to Latvia were Ciudad de México (US$1.76M), Chihuahua (US$505k), and Jalisco (US$407k).

The main product bought by Mexico from Latvia in February 2026 was Discs, Tapes and other Media for Sound Recording (US$263k). The main destinations of purchases made to Latvia were Ciudad de México (US$926k), Jalisco (US$162k), and Estado de México (US$146k).

Net Trade Balance

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In 2024, the states with the highest commercial exchange (exports minus imports) with were Ciudad de México (US$139M), Yucatán (US$7.71M), and Morelos (US$1.99M).

Evolution of the Amount of Remittances

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The chart compares the evolution of remittances sent from Mexico to Latvia and the remittances that Mexico receives from Latvia.

In the third quarter of 2025, Mexico received US$14.5k in remittances from Latvia, while Latvia received US$11.8k in remittances from Mexico.