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Exports In 2022, Latvia exported $4.97M in Glues, making it the 64th largest exporter of Glues in the world. At the same year, Glues was the 382nd most exported product in Latvia. The main destination of Glues exports from Latvia are: Lithuania ($1.85M), Germany ($803k), Estonia ($501k), Argentina ($232k), and India ($187k).

The fastest growing export markets for Glues of Latvia between 2021 and 2022 were India ($187k), Lithuania ($180k), and Chile ($177k).

Imports In 2022, Latvia imported $21.7M in Glues, becoming the 83rd largest importer of Glues in the world. At the same year, Glues was the 231st most imported product in Latvia. Latvia imports Glues primarily from: Germany ($4.23M), Estonia ($2.5M), Finland ($2.27M), Lithuania ($2.08M), and Poland ($1.94M).

The fastest growing import markets in Glues for Latvia between 2021 and 2022 were China ($605k), Poland ($316k), and France ($300k).

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 Glues. 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)$4.97M
IMPORTS (2022)$21.7M
NET TRADE (2022)-$16.8M

In 2022, Latvia exported $4.97M in Glues. The main destinations of Latvia exports on Glues were Lithuania ($1.85M), Germany ($803k), Estonia ($501k), Argentina ($232k), and India ($187k).

In 2022, Latvia imported $21.7M in Glues, mainly from Germany ($4.23M), Estonia ($2.5M), Finland ($2.27M), Lithuania ($2.08M), and Poland ($1.94M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glues EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
India$187k (1%)
Lithuania$180k (10.8%)
Chile$177k (7.34k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glues BY Latvia WERE (2021 - 2022):
Argentina-$185k (-44.4%)
Poland-$44.1k (-60.1%)
Denmark-$39.8k (-58.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Glues by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $709k
TOP IMPORT POTENTIALGermany+ $897k

Glues’s highest export potential is Germany. With an export gap of $709k.   Glues’s highest import potential is Germany with an import gap of $897k.

See methodology.

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