2022
Exports
$324MWorld Rnk 2 / 105
Flag Rnk 10 / 4347
falsefalse China
2022
Imports
$8.11MWorld Rnk 35 / 195
Flag Rnk 534 / 4452

About

Exports In 2022, Latvia exported $324M in Peat (including peat litter), making it the 2nd largest exporter of Peat (including peat litter) in the world. At the same year, Peat (including peat litter) was the 10th most exported product in Latvia. The main destination of Peat (including peat litter) exports from Latvia are: China ($50.6M), Germany ($34.8M), Italy ($29.5M), Lithuania ($18.3M), and Poland ($15.9M).

Imports In 2022, Latvia imported $8.11M in Peat (including peat litter), becoming the 35th largest importer of Peat (including peat litter) in the world. At the same year, Peat (including peat litter) was the 534th most imported product in Latvia. Latvia imports Peat (including peat litter) primarily from: Estonia ($3.85M), Lithuania ($2.14M), Belarus ($651k), Russia ($646k), and Germany ($335k).

The fastest growing import markets in Peat (including peat litter) for Latvia between 2021 and 2022 were Lithuania ($657k), Germany ($317k), and Poland ($203k).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (6), Red Bull (5), and Design Within Reach (5) were at the forefront of shipping Peat (including peat litter) from Latvia to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Peat (including peat litter). 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)$324M
IMPORTS (2022)$8.11M
NET TRADE (2022)$316M

In 2022, Latvia exported $324M in Peat (including peat litter). The main destinations of Latvia exports on Peat (including peat litter) were China ($50.6M), Germany ($34.8M), Italy ($29.5M), Lithuania ($18.3M), and Poland ($15.9M).

In 2022, Latvia imported $8.11M in Peat (including peat litter), mainly from Estonia ($3.85M), Lithuania ($2.14M), Belarus ($651k), Russia ($646k), and Germany ($335k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Latvia's main exporting competitors in Peat (including peat litter) were:
In 2022, Latvia's main importing competitors in Peat (including peat litter) were:

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Trade Value of Peat (including peat litter) by Exporters

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