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Exports In 2022, Latvia exported $11.3M in Railroad Ties, making it the 7th largest exporter of Railroad Ties in the world. At the same year, Railroad Ties was the 258th most exported product in Latvia. The main destination of Railroad Ties exports from Latvia are: Netherlands ($8.22M), Lithuania ($1.16M), United Kingdom ($831k), Estonia ($453k), and Ireland ($275k).

The fastest growing export markets for Railroad Ties of Latvia between 2021 and 2022 were Poland ($235k), Lithuania ($215k), and Belarus ($31.4k).

Imports In 2022, Latvia imported $771k in Railroad Ties, becoming the 40th largest importer of Railroad Ties in the world. At the same year, Railroad Ties was the 852nd most imported product in Latvia. Latvia imports Railroad Ties primarily from: France ($360k), Lithuania ($207k), Belarus ($80.8k), Poland ($53.6k), and Russia ($25.3k).

The fastest growing import markets in Railroad Ties for Latvia between 2021 and 2022 were France ($360k), Lithuania ($99.5k), and Poland ($47.6k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Railroad Ties. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.3M
IMPORTS (2022)$771k
NET TRADE (2022)$10.6M

In 2022, Latvia exported $11.3M in Railroad Ties. The main destinations of Latvia exports on Railroad Ties were Netherlands ($8.22M), Lithuania ($1.16M), United Kingdom ($831k), Estonia ($453k), and Ireland ($275k).

In 2022, Latvia imported $771k in Railroad Ties, mainly from France ($360k), Lithuania ($207k), Belarus ($80.8k), Poland ($53.6k), and Russia ($25.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railroad Ties EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Poland$235k (1%)
Lithuania$215k (22.7%)
Belarus$31.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railroad Ties BY Latvia WERE (2021 - 2022):
United Kingdom-$2.4M (-74.3%)
Netherlands-$1.71M (-17.2%)
Estonia-$248k (-35.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Latvia's main exporting competitors in Railroad Ties were:
In 2022, Latvia's main importing competitors in Railroad Ties were:

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Trade Value of Railroad Ties by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALPoland+ $47.3k
TOP IMPORT POTENTIALRussia+ $17.5k

Railroad Ties’s highest export potential is Poland. With an export gap of $47.3k.   Railroad Ties’s highest import potential is Russia with an import gap of $17.5k.

See methodology.

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