2022
Exports | Imports
$777k | $1.91MWorld Rnk 53 / 136
Flag Rnk 693 / 1190
World Rnk 91 / 192
Flag Rnk 699 / 1203
2022
PRODUCT COMPLEXITY IN Papermaking Machines
1.48Rnk 44 / 1025

About

Exports In 2022, Latvia exported $777k in Papermaking Machines, making it the 53rd largest exporter of Papermaking Machines in the world. At the same year, Papermaking Machines was the 693rd most exported product in Latvia. The main destination of Papermaking Machines exports from Latvia are: Sweden ($580k), Finland ($140k), Lithuania ($21.4k), Russia ($9k), and Netherlands ($5.14k).

The fastest growing export markets for Papermaking Machines of Latvia between 2021 and 2022 were Sweden ($186k), Finland ($96.2k), and South Korea ($4.19k).

Imports In 2022, Latvia imported $1.91M in Papermaking Machines, becoming the 91st largest importer of Papermaking Machines in the world. At the same year, Papermaking Machines was the 699th most imported product in Latvia. Latvia imports Papermaking Machines primarily from: Germany ($470k), Switzerland ($470k), China ($251k), Poland ($204k), and Italy ($177k).

The fastest growing import markets in Papermaking Machines for Latvia between 2021 and 2022 were Switzerland ($470k), Germany ($348k), and Poland ($171k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Papermaking Machines from Latvia to the United States.

Latest Trends

Jan 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 Papermaking Machines. 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)$777k
IMPORTS (2022)$1.91M
NET TRADE (2022)-$1.13M

In 2022, Latvia exported $777k in Papermaking Machines. The main destinations of Latvia exports on Papermaking Machines were Sweden ($580k), Finland ($140k), Lithuania ($21.4k), Russia ($9k), and Netherlands ($5.14k).

In 2022, Latvia imported $1.91M in Papermaking Machines, mainly from Germany ($470k), Switzerland ($470k), China ($251k), Poland ($204k), and Italy ($177k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Papermaking Machines EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Sweden$186k (47.2%)
Finland$96.2k (221%)
South Korea$4.19k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Papermaking Machines BY Latvia WERE (2021 - 2022):
Estonia-$253k (-98.6%)
Russia-$76.7k (-89.5%)
Lithuania-$46.3k (-68.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Papermaking Machines by Exporters

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