2022
Exports
$2.66MWorld Rnk 48 / 131
Flag Rnk 493 / 1190
2022
PRODUCT COMPLEXITY IN Asphalt Mixtures
-1.14Rnk 867 / 1025
2022
Imports
$7.69MWorld Rnk 44 / 210
Flag Rnk 423 / 1203

About

Exports In 2022, Latvia exported $2.66M in Asphalt Mixtures, making it the 48th largest exporter of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 493rd most exported product in Latvia. The main destination of Asphalt Mixtures exports from Latvia are: Finland ($1.19M), Estonia ($1.06M), Lithuania ($363k), Cyprus ($14.6k), and Netherlands ($14.1k).

The fastest growing export markets for Asphalt Mixtures of Latvia between 2021 and 2022 were Finland ($1.19M), Estonia ($903k), and Cyprus ($14.6k).

Imports In 2022, Latvia imported $7.69M in Asphalt Mixtures, becoming the 44th largest importer of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 423rd most imported product in Latvia. Latvia imports Asphalt Mixtures primarily from: Russia ($4.51M), Estonia ($1.09M), Lithuania ($939k), Poland ($445k), and Germany ($195k).

The fastest growing import markets in Asphalt Mixtures for Latvia between 2021 and 2022 were Poland ($169k), Sweden ($140k), and Norway ($120k).

Latest Trends

Oct 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 Asphalt Mixtures. 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)$2.66M
IMPORTS (2022)$7.69M
NET TRADE (2022)-$5.03M

In 2022, Latvia exported $2.66M in Asphalt Mixtures. The main destinations of Latvia exports on Asphalt Mixtures were Finland ($1.19M), Estonia ($1.06M), Lithuania ($363k), Cyprus ($14.6k), and Netherlands ($14.1k).

In 2022, Latvia imported $7.69M in Asphalt Mixtures, mainly from Russia ($4.51M), Estonia ($1.09M), Lithuania ($939k), Poland ($445k), and Germany ($195k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asphalt Mixtures EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Finland$1.19M (394k%)
Estonia$903k (566%)
Cyprus$14.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt Mixtures BY Latvia WERE (2021 - 2022):
Lithuania-$313k (-46.3%)
France-$1.45k (-100%)
Tajikistan-$1.15k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Latvia's main exporting competitors in Asphalt Mixtures were:
In 2022, Latvia's main importing competitors in Asphalt Mixtures were:

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Trade Value of Asphalt Mixtures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $28.1k
TOP IMPORT POTENTIALGermany+ $97k

Asphalt Mixtures’s highest export potential is Netherlands. With an export gap of $28.1k.   Asphalt Mixtures’s highest import potential is Germany with an import gap of $97k.

See methodology.

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