Particle Board in Latvia

EXPORTS (2018): $246M, World Rnk 12 / 125
Flag Rnk 12 / 1120

TOP DESTINATION (2018): $47.3M, United Kingdom

FASTEST GROWING MARKET (2017 - 2018): $6.65M, Belgium-Luxembourg

IMPORTS (2018): $25.6M, World Rnk 58 / 207
Flag Rnk 179 / 1175

TOP ORIGIN (2018): $9.21M, Belarus

FASTEST GROWING ORIGIN (2017 - 2018): $435k, Russia

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

PRODUCT COMPLEXITY  IN Particle Board (2018): 0.095, Rnk 510 / 1018

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

Exports: In 2018, Latvia exported $246M in Particle Board, making it the 12th largest exporter of Particle Board in the world. At the same year, Particle Board was the 12th most exported product in Latvia. The main destination of Particle Board exports from Latvia are: United Kingdom ($47.3M), Sweden ($39.7M), Lithuania ($37.6M), Germany ($21.9M), and Norway ($16M).

The fastest growing export markets for Particle Board of Latvia between 2017 and 2018 were Belgium-Luxembourg ($6.65M), Sweden ($4.99M), and France ($4.68M).

Imports: In 2018, Latvia imported $25.6M in Particle Board, becoming the 58th largest importer of Particle Board in the world. At the same year, Particle Board was the 179th most imported product in Latvia. Latvia imports Particle Board primarily from: Belarus ($9.21M), Poland ($6.21M), Russia ($3.06M), Lithuania ($1.34M), and Austria ($1.08M).

The fastest growing import markets in Particle Board for Latvia between 2017 and 2018 were Russia ($435k), Germany ($223k), and Estonia ($193k).

Tariffs: In 2017, the average tariff for Latvia in Particle Board was 2.58%. The countries with the highest import tariffs for Particle Board were Western Sahara (7%), Gabon (7%), Libya (7%), Mayotte (7%), and Reunion (7%).

Value

EXPORTS (2018): $246M

IMPORTS (2018): $25.6M

NET TRADE (2018): $221M

In 2018, Latvia exported $246M in Particle Board. The main destinations of Latvia exports on Particle Board were United Kingdom ($47.3M), Sweden ($39.7M), Lithuania ($37.6M), Germany ($21.9M), and Norway ($16M).

In 2018, Latvia imported $25.6M in Particle Board, mainly from Belarus ($9.21M), Poland ($6.21M), Russia ($3.06M), Lithuania ($1.34M), and Austria ($1.08M).

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IN 2018, Latvia HAD A POSITIVE NET TRADE IN Particle Board WITH:

  • United Kingdom, $47.1M ($47.3M - $141k)
  • Sweden, $39.7M ($39.7M - $12.9k)
  • Lithuania, $36.2M ($37.6M - $1.34M)

IN 2018, Latvia HAD A NEGATIVE NET TRADE IN Particle Board WITH:

  • Belarus, -$9.11M ($93.4k - $9.21M)
  • Russia, -$2.29M ($767k - $3.06M)
  • Austria, -$1.08M ($0 - $1.08M)
Flow

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

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Particle Board 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 Particle Board were:

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

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Particle Board 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 2017, the average tariff for Latvia in Particle Board was 2.58%.

The countries with the highest tariffs for Particle Board in Latvia were Western Sahara (7%), Gabon (7%), Libya (7%), Mayotte (7%), and Reunion (7%).

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