Fuel Wood in Latvia

EXPORTS (2018): $435M, World Rnk 5 / 127
Flag Rnk 6 / 1120

TOP DESTINATION (2018): $112M, Denmark

FASTEST GROWING MARKET (2017 - 2018): $73.9M, Estonia

IMPORTS (2018): $50.1M, World Rnk 25 / 177
Flag Rnk 84 / 1175

TOP ORIGIN (2018): $16.9M, Lithuania

FASTEST GROWING ORIGIN (2017 - 2018): $9.17M, Belarus

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

PRODUCT COMPLEXITY  IN Fuel Wood (2018): -0.037, Rnk 562 / 1018

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

Exports: In 2018, Latvia exported $435M in Fuel Wood, making it the 5th largest exporter of Fuel Wood in the world. At the same year, Fuel Wood was the 6th most exported product in Latvia. The main destination of Fuel Wood exports from Latvia are: Denmark ($112M), Estonia ($97.3M), United Kingdom ($81.7M), Sweden ($47.6M), and Finland ($22.9M).

The fastest growing export markets for Fuel Wood of Latvia between 2017 and 2018 were Estonia ($73.9M), Denmark ($27.6M), and Finland ($14M).

Imports: In 2018, Latvia imported $50.1M in Fuel Wood, becoming the 25th largest importer of Fuel Wood in the world. At the same year, Fuel Wood was the 84th most imported product in Latvia. Latvia imports Fuel Wood primarily from: Lithuania ($16.9M), Belarus ($15.9M), Russia ($10.9M), Estonia ($4.15M), and United Kingdom ($398k).

The fastest growing import markets in Fuel Wood for Latvia between 2017 and 2018 were Belarus ($9.17M), Lithuania ($9.16M), and Russia ($3.58M).

Tariffs: In 2001, the average tariff for Latvia in Fuel Wood was 0.5%. The countries with the highest import tariffs for Fuel Wood were Angola (0.5%), Burundi (0.5%), Benin (0.5%), Burkina Faso (0.5%), and Botswana (0.5%).

Value

EXPORTS (2018): $435M

IMPORTS (2018): $50.1M

NET TRADE (2018): $385M

In 2018, Latvia exported $435M in Fuel Wood. The main destinations of Latvia exports on Fuel Wood were Denmark ($112M), Estonia ($97.3M), United Kingdom ($81.7M), Sweden ($47.6M), and Finland ($22.9M).

In 2018, Latvia imported $50.1M in Fuel Wood, mainly from Lithuania ($16.9M), Belarus ($15.9M), Russia ($10.9M), Estonia ($4.15M), and United Kingdom ($398k).

Explore Visualizations

IN 2018, Latvia HAD A POSITIVE NET TRADE IN Fuel Wood WITH:

  • Denmark, $112M ($112M - $139k)
  • Estonia, $93.1M ($97.3M - $4.15M)
  • United Kingdom, $81.3M ($81.7M - $398k)

IN 2018, Latvia HAD A NEGATIVE NET TRADE IN Fuel Wood WITH:

  • Belarus, -$15.9M ($2.73k - $15.9M)
  • Russia, -$10.9M ($17.7k - $10.9M)
  • Lithuania, -$3.71M ($13.2M - $16.9M)
Flow

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

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

Explore Visualizations

Market Concentration

#permalink to section
Flow
Type

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

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

Explore Visualizations

Trade Forecasts

#permalink to section

Time

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

Explore Forecasts

Tariffs by Country

#permalink to section

In 2001, the average tariff for Latvia in Fuel Wood was 0.5%.

The countries with the highest tariffs for Fuel Wood in Latvia were Angola (0.5%), Burundi (0.5%), Benin (0.5%), Burkina Faso (0.5%), and Botswana (0.5%).

Explore Tariff Data