2022
Exports
$10MWorld Rnk 34 / 183
Flag Rnk 278 / 1190
2022
PRODUCT COMPLEXITY IN Abrasive Powder
1.09Rnk 137 / 1025
2022
Imports
$13MWorld Rnk 60 / 224
Flag Rnk 319 / 1203

About

Exports In 2022, Latvia exported $10M in Abrasive Powder, making it the 34th largest exporter of Abrasive Powder in the world. At the same year, Abrasive Powder was the 278th most exported product in Latvia. The main destination of Abrasive Powder exports from Latvia are: Poland ($2.12M), Germany ($1.21M), Belarus ($1.15M), Lithuania ($781k), and Czechia ($723k).

The fastest growing export markets for Abrasive Powder of Latvia between 2021 and 2022 were Poland ($1.84M), Belarus ($882k), and Portugal ($288k).

Imports In 2022, Latvia imported $13M in Abrasive Powder, becoming the 60th largest importer of Abrasive Powder in the world. At the same year, Abrasive Powder was the 319th most imported product in Latvia. Latvia imports Abrasive Powder primarily from: Poland ($3.84M), Germany ($1.82M), Finland ($1.11M), Estonia ($1.06M), and South Korea ($933k).

The fastest growing import markets in Abrasive Powder for Latvia between 2021 and 2022 were Poland ($907k), Czechia ($794k), and Germany ($777k).

Latest Trends

Oct 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 Abrasive Powder. 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)$10M
IMPORTS (2022)$13M
NET TRADE (2022)-$2.97M

In 2022, Latvia exported $10M in Abrasive Powder. The main destinations of Latvia exports on Abrasive Powder were Poland ($2.12M), Germany ($1.21M), Belarus ($1.15M), Lithuania ($781k), and Czechia ($723k).

In 2022, Latvia imported $13M in Abrasive Powder, mainly from Poland ($3.84M), Germany ($1.82M), Finland ($1.11M), Estonia ($1.06M), and South Korea ($933k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Abrasive Powder EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Poland$1.84M (642%)
Belarus$882k (326%)
Portugal$288k (21.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Abrasive Powder BY Latvia WERE (2021 - 2022):
Germany-$143k (-10.6%)
South Africa-$106k (-72.1%)
Turkey-$85.8k (-57.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Latvia's main exporting competitors in Abrasive Powder were:
In 2022, Latvia's main importing competitors in Abrasive Powder were:

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Trade Value of Abrasive Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $651k
TOP IMPORT POTENTIALGermany+ $451k

Abrasive Powder’s highest export potential is Germany. With an export gap of $651k.   Abrasive Powder’s highest import potential is Germany with an import gap of $451k.

See methodology.

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