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Exports In 2022, Latvia exported $66k in Granite, making it the 92nd largest exporter of Granite in the world. At the same year, Granite was the 976th most exported product in Latvia. The main destination of Granite exports from Latvia are: Lithuania ($26.8k), Uzbekistan ($22.1k), Netherlands ($4.94k), Estonia ($4.92k), and Finland ($3.51k).

The fastest growing export markets for Granite of Latvia between 2021 and 2022 were Uzbekistan ($22.1k), Lithuania ($17.8k), and Finland ($3.51k).

Imports In 2022, Latvia imported $520k in Granite, becoming the 88th largest importer of Granite in the world. At the same year, Granite was the 913th most imported product in Latvia. Latvia imports Granite primarily from: Sweden ($227k), Norway ($120k), Finland ($68.9k), Estonia ($28.9k), and Russia ($17.3k).

The fastest growing import markets in Granite for Latvia between 2021 and 2022 were Norway ($73.2k), Finland ($24.1k), and Portugal ($17.3k).

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 Granite. 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)$66k
IMPORTS (2022)$520k
NET TRADE (2022)-$454k

In 2022, Latvia exported $66k in Granite. The main destinations of Latvia exports on Granite were Lithuania ($26.8k), Uzbekistan ($22.1k), Netherlands ($4.94k), Estonia ($4.92k), and Finland ($3.51k).

In 2022, Latvia imported $520k in Granite, mainly from Sweden ($227k), Norway ($120k), Finland ($68.9k), Estonia ($28.9k), and Russia ($17.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Granite EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Uzbekistan$22.1k (1%)
Lithuania$17.8k (196%)
Finland$3.51k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Granite BY Latvia WERE (2021 - 2022):
Sweden-$11.1k (-83.5%)
Russia-$6.93k (-100%)
Italy-$2.64k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Granite by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALNetherlands+ $3.16k
TOP IMPORT POTENTIALNorway+ $15.5k

Granite’s highest export potential is Netherlands. With an export gap of $3.16k.   Granite’s highest import potential is Norway with an import gap of $15.5k.

See methodology.

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