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Exports In 2022, Latvia exported $38.4M in Wood Fiberboard, making it the 39th largest exporter of Wood Fiberboard in the world. At the same year, Wood Fiberboard was the 101st most exported product in Latvia. The main destination of Wood Fiberboard exports from Latvia are: United Kingdom ($13.1M), Spain ($5.65M), Denmark ($4.25M), Lithuania ($3.95M), and South Africa ($3.09M).

The fastest growing export markets for Wood Fiberboard of Latvia between 2021 and 2022 were Spain ($3.35M), South Africa ($1.82M), and Lithuania ($1.22M).

Imports In 2022, Latvia imported $35.9M in Wood Fiberboard, becoming the 68th largest importer of Wood Fiberboard in the world. At the same year, Wood Fiberboard was the 161st most imported product in Latvia. Latvia imports Wood Fiberboard primarily from: Poland ($12.9M), Germany ($6.79M), Belarus ($4.72M), Lithuania ($4.55M), and Belgium ($1.19M).

The fastest growing import markets in Wood Fiberboard for Latvia between 2021 and 2022 were Germany ($1.92M), Belgium ($593k), and Poland ($559k).

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 Wood Fiberboard. 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)$38.4M
IMPORTS (2022)$35.9M
NET TRADE (2022)$2.49M

In 2022, Latvia exported $38.4M in Wood Fiberboard. The main destinations of Latvia exports on Wood Fiberboard were United Kingdom ($13.1M), Spain ($5.65M), Denmark ($4.25M), Lithuania ($3.95M), and South Africa ($3.09M).

In 2022, Latvia imported $35.9M in Wood Fiberboard, mainly from Poland ($12.9M), Germany ($6.79M), Belarus ($4.72M), Lithuania ($4.55M), and Belgium ($1.19M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Fiberboard EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Spain$3.35M (146%)
South Africa$1.82M (144%)
Lithuania$1.22M (44.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Fiberboard BY Latvia WERE (2021 - 2022):
Denmark-$3.29M (-43.6%)
Portugal-$2.47M (-100%)
United States-$1.74M (-89.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Latvia's main exporting competitors in Wood Fiberboard were:
In 2022, Latvia's main importing competitors in Wood Fiberboard were:

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Trade Value of Wood Fiberboard by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $1.3M
TOP IMPORT POTENTIALGermany+ $626k

Wood Fiberboard’s highest export potential is France. With an export gap of $1.3M.   Wood Fiberboard’s highest import potential is Germany with an import gap of $626k.

See methodology.

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