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Exports In 2023, Latvia exported $11.4M in Raw Furskins, making it the 10th largest exporter of Raw Furskins in the world. At the same year, Raw Furskins was the 257th most exported product in Latvia. The main destination of Raw Furskins exports from Latvia are: Finland ($6.6M), Poland ($3.26M), Hong Kong ($1.17M), Thailand ($159k), and Cambodia ($126k).

The fastest growing export markets for Raw Furskins of Latvia between 2022 and 2023 were Hong Kong ($765k), Thailand ($159k), and Cambodia ($126k).

Imports In 2023, Latvia imported $2.96M in Raw Furskins, becoming the 16th largest importer of Raw Furskins in the world. At the same year, Raw Furskins was the 603rd most imported product in Latvia. Latvia imports Raw Furskins primarily from: Poland ($2.62M), Lithuania ($319k), Estonia ($11.8k), and Netherlands ($3.7k).

The fastest growing import markets in Raw Furskins for Latvia between 2022 and 2023 were Poland ($2.47M), Lithuania ($196k), and Estonia ($11.8k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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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 Raw Furskins. 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 (2023)$11.4M
IMPORTS (2023)$2.96M
NET TRADE (2023)$8.46M

In 2023, Latvia exported $11.4M in Raw Furskins. The main destinations of Latvia exports on Raw Furskins were Finland ($6.6M), Poland ($3.26M), Hong Kong ($1.17M), Thailand ($159k), and Cambodia ($126k).

In 2023, Latvia imported $2.96M in Raw Furskins, mainly from Poland ($2.62M), Lithuania ($319k), Estonia ($11.8k), and Netherlands ($3.7k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Furskins EXPORT MARKETS FOR Latvia WERE (2022 - 2023):
Hong Kong$765k (190%)
Thailand$159k (1%)
Cambodia$126k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Furskins BY Latvia WERE (2022 - 2023):
Poland-$2.37M (-42.1%)
Finland-$1.07M (-14%)
Russia-$243k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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In 2023, Latvia's main exporting competitors in Raw Furskins were:
In 2023, Latvia's main importing competitors in Raw Furskins were:

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Trade Value of Raw Furskins by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALRussia+ $131k
TOP IMPORT POTENTIALLithuania+ $18.7k

Raw Furskins’s highest export potential is Russia. With an export gap of $131k.   Raw Furskins’s highest import potential is Lithuania with an import gap of $18.7k.

See methodology.

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