About

Exports In 2023, Latvia exported $384M in Rough Wood, making it the 9th largest exporter of Rough Wood in the world. At the same year, Rough Wood was the 10th most exported product in Latvia. The main destination of Rough Wood exports from Latvia are: Sweden ($153M), Finland ($65M), Estonia ($58.1M), China ($40.8M), and Belgium ($16.3M).

The fastest growing export markets for Rough Wood of Latvia between 2022 and 2023 were Denmark ($3.33M), Lithuania ($2.66M), and Cambodia ($1.7M).

Imports In 2023, Latvia imported $147M in Rough Wood, becoming the 17th largest importer of Rough Wood in the world. At the same year, Rough Wood was the 27th most imported product in Latvia. Latvia imports Rough Wood primarily from: Lithuania ($93M), Norway ($28.3M), Estonia ($10.7M), Sweden ($8.84M), and Finland ($2.1M).

The fastest growing import markets in Rough Wood for Latvia between 2022 and 2023 were Lithuania ($2.96M), Estonia ($1.4M), and Belgium ($406k).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 Rough Wood. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$384M
IMPORTS (2023)$147M
NET TRADE (2023)$237M

In 2023, Latvia exported $384M in Rough Wood. The main destinations of Latvia exports on Rough Wood were Sweden ($153M), Finland ($65M), Estonia ($58.1M), China ($40.8M), and Belgium ($16.3M).

In 2023, Latvia imported $147M in Rough Wood, mainly from Lithuania ($93M), Norway ($28.3M), Estonia ($10.7M), Sweden ($8.84M), and Finland ($2.1M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rough Wood EXPORT MARKETS FOR Latvia WERE (2022 - 2023):
Denmark$3.33M (35.3%)
Lithuania$2.66M (29.7%)
Cambodia$1.7M (775%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rough Wood BY Latvia WERE (2022 - 2023):
Poland-$26M (-72.3%)
China-$23M (-36%)
Finland-$7.18M (-9.94%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Latvia's main exporting competitors in Rough Wood were:
In 2023, Latvia's main importing competitors in Rough Wood were:
China $5.64B
India $836M

Explore Visualizations

Trade Value of Rough Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $17.1M
TOP IMPORT POTENTIALGermany+ $1.95M

Rough Wood’s highest export potential is China. With an export gap of $17.1M.   Rough Wood’s highest import potential is Germany with an import gap of $1.95M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with