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Exports In 2023, Latvia exported $48.3M in Scrap Copper, making it the 68th largest exporter of Scrap Copper in the world. At the same year, Scrap Copper was the 81st most exported product in Latvia. The main destination of Scrap Copper exports from Latvia are: Poland ($17.7M), China ($12.9M), Germany ($10.2M), Lithuania ($2.45M), and Ukraine ($1.49M).

The fastest growing export markets for Scrap Copper of Latvia between 2022 and 2023 were Germany ($2.21M), Ukraine ($1.09M), and Slovakia ($503k).

Imports In 2023, Latvia imported $48.4M in Scrap Copper, becoming the 41st largest importer of Scrap Copper in the world. At the same year, Scrap Copper was the 118th most imported product in Latvia. Latvia imports Scrap Copper primarily from: Germany ($11.9M), Poland ($10.6M), Finland ($8.59M), Estonia ($6.86M), and Lithuania ($4.41M).

The fastest growing import markets in Scrap Copper for Latvia between 2022 and 2023 were Poland ($2.17M), Finland ($1.01M), and China ($893k).

Latest Trends

Dec 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 Scrap Copper. 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)$48.3M
IMPORTS (2023)$48.4M
NET TRADE (2023)-$29.1k

In 2023, Latvia exported $48.3M in Scrap Copper. The main destinations of Latvia exports on Scrap Copper were Poland ($17.7M), China ($12.9M), Germany ($10.2M), Lithuania ($2.45M), and Ukraine ($1.49M).

In 2023, Latvia imported $48.4M in Scrap Copper, mainly from Germany ($11.9M), Poland ($10.6M), Finland ($8.59M), Estonia ($6.86M), and Lithuania ($4.41M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Copper EXPORT MARKETS FOR Latvia WERE (2022 - 2023):
Germany$2.21M (27.5%)
Ukraine$1.09M (274%)
Slovakia$503k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Copper BY Latvia WERE (2022 - 2023):
Poland-$8.25M (-31.8%)
Lithuania-$1.09M (-30.7%)
Russia-$725k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Latvia's main exporting competitors in Scrap Copper were:
In 2023, Latvia's main importing competitors in Scrap Copper were:
China $12.5B
Germany $3.14B
India $1.63B

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Trade Value of Scrap Copper by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $10.5M
TOP IMPORT POTENTIALUnited States+ $768k

Scrap Copper’s highest export potential is China. With an export gap of $10.5M.   Scrap Copper’s highest import potential is United States with an import gap of $768k.

See methodology.

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