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Exports In 2022, Latvia exported $453k in Wood Wool, making it the 21st largest exporter of Wood Wool in the world. At the same year, Wood Wool was the 776th most exported product in Latvia. The main destination of Wood Wool exports from Latvia are: Austria ($319k), Hong Kong ($40.5k), Netherlands ($36.9k), Sweden ($35.7k), and Brazil ($7.84k).

The fastest growing export markets for Wood Wool of Latvia between 2021 and 2022 were Austria ($317k), Hong Kong ($40.5k), and Sweden ($35.7k).

Imports In 2022, Latvia imported $150k in Wood Wool, becoming the 58th largest importer of Wood Wool in the world. At the same year, Wood Wool was the 1030th most imported product in Latvia. Latvia imports Wood Wool primarily from: Germany ($130k), Russia ($8.66k), Slovakia ($6.15k), Estonia ($2.01k), and Lithuania ($1.08k).

The fastest growing import markets in Wood Wool for Latvia between 2021 and 2022 were Poland ($861), Spain ($82), and Austria ($6).

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 Wool. 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)$453k
IMPORTS (2022)$150k
NET TRADE (2022)$303k

In 2022, Latvia exported $453k in Wood Wool. The main destinations of Latvia exports on Wood Wool were Austria ($319k), Hong Kong ($40.5k), Netherlands ($36.9k), Sweden ($35.7k), and Brazil ($7.84k).

In 2022, Latvia imported $150k in Wood Wool, mainly from Germany ($130k), Russia ($8.66k), Slovakia ($6.15k), Estonia ($2.01k), and Lithuania ($1.08k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Wool EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Austria$317k (15.2k%)
Hong Kong$40.5k (1%)
Sweden$35.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Wool BY Latvia WERE (2021 - 2022):
Australia-$32.2k (-84.4%)
Netherlands-$24.1k (-39.5%)
United Kingdom-$14.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Wood Wool by Exporters

Potential Exports

Potential Exports

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Wood Wool’s highest export potential is N/A. With an export gap of N/A.   Wood Wool’s highest import potential is N/A with an import gap of N/A.

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