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2022
Exports $4.9MWorld Rnk 19 / 92
Flag Rnk 385 / 1190
2022
Destination $4.9M Uzbekistan
2022
PRODUCT COMPLEXITY IN Looms0.9Rnk 209 / 1025
2022
Imports $222kWorld Rnk 109 / 159
Flag Rnk 1001 / 1203
2022
Origin $71.8k France

About

Exports In 2022, Latvia exported $4.9M in Looms, making it the 19th largest exporter of Looms in the world. At the same year, Looms was the 385th most exported product in Latvia. The main destination of Looms exports from Latvia are: Uzbekistan ($4.9M) and Netherlands ($690).

The fastest growing export markets for Looms of Latvia between N/A and 2022 were Uzbekistan ($4.9M) and Netherlands ($690).

Imports In 2022, Latvia imported $222k in Looms, becoming the 109th largest importer of Looms in the world. At the same year, Looms was the 1001st most imported product in Latvia. Latvia imports Looms primarily from: France ($94.3k), Turkey ($71.8k), Norway ($52.7k), Lithuania ($2.29k), and Netherlands ($469).

The fastest growing import markets in Looms for Latvia between 2021 and 2022 were Turkey ($71.8k), Norway ($21.7k), and Lithuania ($2.29k).

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 Looms. 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)$4.9M
IMPORTS (2022)$222k
NET TRADE (2022)$4.68M

In 2022, Latvia exported $4.9M in Looms. The main destinations of Latvia exports on Looms were Uzbekistan ($4.9M) and Netherlands ($690).

In 2022, Latvia imported $222k in Looms, mainly from France ($94.3k), Turkey ($71.8k), Norway ($52.7k), Lithuania ($2.29k), and Netherlands ($469).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Looms EXPORT MARKETS FOR Latvia WERE (N/A - 2022):
Uzbekistan$4.9M (1%)
Netherlands$690 (1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Latvia's main exporting competitors in Looms were:
Belgium $706M
China $609M
Japan $358M
In 2022, Latvia's main importing competitors in Looms were:
India $694M
Turkey $290M
China $284M

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Trade Value of Looms by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $553
TOP IMPORT POTENTIALLithuania+ $1.98k

Looms’s highest export potential is India. With an export gap of $553.   Looms’s highest import potential is Lithuania with an import gap of $1.98k.

See methodology.

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