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Exports In 2022, Latvia exported $248M in Other Furniture, making it the 39th largest exporter of Other Furniture in the world. At the same year, Other Furniture was the 19th most exported product in Latvia. The main destination of Other Furniture exports from Latvia are: Denmark ($57M), Germany ($23.5M), Estonia ($22.4M), Sweden ($18.1M), and France ($17.8M).

The fastest growing export markets for Other Furniture of Latvia between 2021 and 2022 were United States ($3.11M), Spain ($1.92M), and France ($1.82M).

Imports In 2022, Latvia imported $139M in Other Furniture, becoming the 64th largest importer of Other Furniture in the world. At the same year, Other Furniture was the 29th most imported product in Latvia. Latvia imports Other Furniture primarily from: Poland ($42M), Lithuania ($23.5M), Italy ($13.1M), China ($9.51M), and Germany ($8.87M).

The fastest growing import markets in Other Furniture for Latvia between 2021 and 2022 were Turkey ($1.05M), Sweden ($654k), and Slovakia ($479k).

COMPANIES In 2023, leading companies such as Design Within Reach (4) were at the forefront of shipping Other Furniture from Latvia to the United States.

Latest Trends

Nov 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 Other Furniture. 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)$248M
IMPORTS (2022)$139M
NET TRADE (2022)$110M

In 2022, Latvia exported $248M in Other Furniture. The main destinations of Latvia exports on Other Furniture were Denmark ($57M), Germany ($23.5M), Estonia ($22.4M), Sweden ($18.1M), and France ($17.8M).

In 2022, Latvia imported $139M in Other Furniture, mainly from Poland ($42M), Lithuania ($23.5M), Italy ($13.1M), China ($9.51M), and Germany ($8.87M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Furniture EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
United States$3.11M (38.5%)
Spain$1.92M (49.1%)
France$1.82M (11.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Furniture BY Latvia WERE (2021 - 2022):
Estonia-$4.03M (-15.2%)
Russia-$2.7M (-29.8%)
Germany-$2.65M (-10.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Latvia's main exporting competitors in Other Furniture were:
China $36.6B
Vietnam $9.13B
Germany $8.79B
In 2022, Latvia's main importing competitors in Other Furniture were:

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Trade Value of Other Furniture by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $23.5M
TOP IMPORT POTENTIALChina+ $9.8M

Other Furniture’s highest export potential is United States. With an export gap of $23.5M.   Other Furniture’s highest import potential is China with an import gap of $9.8M.

See methodology.

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