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Exports In 2023, Latvia exported $1.28M in Asphalt, making it the 53rd largest exporter of Asphalt in the world. At the same year, Asphalt was the 614th most exported product in Latvia. The main destination of Asphalt exports from Latvia are: Lithuania ($585k), Belgium ($384k), Norway ($111k), Estonia ($90.1k), and Ukraine ($27.1k).

The fastest growing export markets for Asphalt of Latvia between 2022 and 2023 were Belgium ($373k), Lithuania ($189k), and Norway ($96.9k).

Imports In 2023, Latvia imported $9.43M in Asphalt, becoming the 51st largest importer of Asphalt in the world. At the same year, Asphalt was the 381st most imported product in Latvia. Latvia imports Asphalt primarily from: Lithuania ($3.77M), Poland ($1.52M), Italy ($854k), France ($808k), and Slovakia ($791k).

The fastest growing import markets in Asphalt for Latvia between 2022 and 2023 were Lithuania ($2.14M), Luxembourg ($319k), and Slovakia ($298k).

Latest Trends

Jan 2025

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. 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)$1.28M
IMPORTS (2023)$9.43M
NET TRADE (2023)-$8.15M

In 2023, Latvia exported $1.28M in Asphalt. The main destinations of Latvia exports on Asphalt were Lithuania ($585k), Belgium ($384k), Norway ($111k), Estonia ($90.1k), and Ukraine ($27.1k).

In 2023, Latvia imported $9.43M in Asphalt, mainly from Lithuania ($3.77M), Poland ($1.52M), Italy ($854k), France ($808k), and Slovakia ($791k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Asphalt EXPORT MARKETS FOR Latvia WERE (2022 - 2023):
Belgium$373k (3.47k%)
Lithuania$189k (47.9%)
Norway$96.9k (692%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt BY Latvia WERE (2022 - 2023):
Sweden-$26.1k (-89.5%)
Tajikistan-$24.3k (-100%)
Cyprus-$20.6k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Latvia's main exporting competitors in Asphalt were:
In 2023, Latvia's main importing competitors in Asphalt were:

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Trade Value of Asphalt by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALSweden+ $24.8k
TOP IMPORT POTENTIALGermany+ $147k

Asphalt’s highest export potential is Sweden. With an export gap of $24.8k.   Asphalt’s highest import potential is Germany with an import gap of $147k.

See methodology.

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