2022
Exports
$1.3MWorld Rnk 34 / 119
Flag Rnk 626 / 1190
2022
PRODUCT COMPLEXITY IN Textile Fiber Machinery
1.53Rnk 47 / 1025
2022
Imports
$2.11MWorld Rnk 76 / 178
Flag Rnk 676 / 1203

About

Exports In 2022, Latvia exported $1.3M in Textile Fiber Machinery, making it the 34th largest exporter of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 626th most exported product in Latvia. The main destination of Textile Fiber Machinery exports from Latvia are: Uzbekistan ($1.28M), United Kingdom ($17.5k), Netherlands ($5.28k), Switzerland ($1.09k), and Denmark ($86).

The fastest growing export markets for Textile Fiber Machinery of Latvia between 2021 and 2022 were Uzbekistan ($1.19M), United Kingdom ($17.5k), and Netherlands ($5.28k).

Imports In 2022, Latvia imported $2.11M in Textile Fiber Machinery, becoming the 76th largest importer of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 676th most imported product in Latvia. Latvia imports Textile Fiber Machinery primarily from: Germany ($732k), China ($561k), India ($558k), Italy ($145k), and France ($92.4k).

The fastest growing import markets in Textile Fiber Machinery for Latvia between 2021 and 2022 were India ($555k), China ($284k), and Germany ($219k).

Latest Trends

Oct 2024

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 Textile Fiber Machinery. 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 (2022)$1.3M
IMPORTS (2022)$2.11M
NET TRADE (2022)-$806k

In 2022, Latvia exported $1.3M in Textile Fiber Machinery. The main destinations of Latvia exports on Textile Fiber Machinery were Uzbekistan ($1.28M), United Kingdom ($17.5k), Netherlands ($5.28k), Switzerland ($1.09k), and Denmark ($86).

In 2022, Latvia imported $2.11M in Textile Fiber Machinery, mainly from Germany ($732k), China ($561k), India ($558k), Italy ($145k), and France ($92.4k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Fiber Machinery EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Uzbekistan$1.19M (1.28k%)
United Kingdom$17.5k (1%)
Netherlands$5.28k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Fiber Machinery BY Latvia WERE (2021 - 2022):Lithuania-$90.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Latvia's main exporting competitors in Textile Fiber Machinery were:
China $1.08B
Japan $807M
In 2022, Latvia's main importing competitors in Textile Fiber Machinery were:
China $687M
India $547M

Explore Visualizations

Trade Value of Textile Fiber Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $1.81k
TOP IMPORT POTENTIALChina+ $216k

Textile Fiber Machinery’s highest export potential is Netherlands. With an export gap of $1.81k.   Textile Fiber Machinery’s highest import potential is China with an import gap of $216k.

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