Peat in Latvia

EXPORTS (2018): $210M, World Rnk 3 / 80
Flag Rnk 14 / 1120

TOP DESTINATION (2018): $33.3M, Germany

FASTEST GROWING MARKET (2017 - 2018): $4.12M, Germany

IMPORTS (2018): $4.58M, World Rnk 43 / 183
Flag Rnk 497 / 1175

TOP ORIGIN (2018): $2.84M, Estonia

FASTEST GROWING ORIGIN (2017 - 2018): $1.51M, Estonia

ECONOMIC COMPLEXITY of Latvia (2018): 0.84, Rnk 36 / 137

PRODUCT COMPLEXITY  IN Peat (2018): -0.21, Rnk 614 / 1018

Overview: This page contains the latest trade data of Peat in Latvia.

Exports: In 2018, Latvia exported $210M in Peat, making it the 3rd largest exporter of Peat in the world. At the same year, Peat was the 14th most exported product in Latvia. The main destination of Peat exports from Latvia are: Germany ($33.3M), China ($23.9M), Italy ($21.1M), Netherlands ($14.2M), and United States ($10.7M).

The fastest growing export markets for Peat of Latvia between 2017 and 2018 were Germany ($4.12M), Netherlands ($3.98M), and Italy ($3.77M).

Imports: In 2018, Latvia imported $4.58M in Peat, becoming the 43rd largest importer of Peat in the world. At the same year, Peat was the 497th most imported product in Latvia. Latvia imports Peat primarily from: Estonia ($2.84M), Lithuania ($688k), Russia ($507k), Belgium-Luxembourg ($171k), and Belarus ($144k).

The fastest growing import markets in Peat for Latvia between 2017 and 2018 were Estonia ($1.51M), Russia ($365k), and Belgium-Luxembourg ($171k).

Value

EXPORTS (2018): $210M

IMPORTS (2018): $4.58M

NET TRADE (2018): $205M

In 2018, Latvia exported $210M in Peat. The main destinations of Latvia exports on Peat were Germany ($33.3M), China ($23.9M), Italy ($21.1M), Netherlands ($14.2M), and United States ($10.7M).

In 2018, Latvia imported $4.58M in Peat, mainly from Estonia ($2.84M), Lithuania ($688k), Russia ($507k), Belgium-Luxembourg ($171k), and Belarus ($144k).

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IN 2018, Latvia HAD A POSITIVE NET TRADE IN Peat WITH:

  • Germany, $33.3M ($33.3M - $46.7k)
  • China, $23.9M ($23.9M - $0)
  • Italy, $21.1M ($21.1M - $0)

IN 2018, Latvia HAD A NEGATIVE NET TRADE IN Peat WITH:

  • Estonia, -$2.24M ($602k - $2.84M)
  • Russia, -$472k ($35.7k - $507k)
  • Belarus, -$69.2k ($74.9k - $144k)
Flow

THE FASTEST GROWING Peat EXPORT MARKETS FOR Latvia WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY Latvia WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Latvia's main exporting competitors in Peat were:

In 2018, Latvia's main importing competitors in Peat were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Peat in Latvia. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2001, the tariffs for Peat in the imports of Latvia were of 0% around the world.

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