2023
Exports
$371kWorld Rnk 61 / 136
Flag Rnk 791 / 1196
2023
PRODUCT COMPLEXITY IN Cast Iron Pipes
-0.42Rnk 674 / 1025
2023
Imports
$4.02MWorld Rnk 77 / 210
Flag Rnk 547 / 1206

About

Exports In 2023, Latvia exported $371k in Cast Iron Pipes, making it the 61st largest exporter of Cast Iron Pipes in the world. At the same year, Cast Iron Pipes was the 791st most exported product in Latvia. The main destination of Cast Iron Pipes exports from Latvia are: Lithuania ($254k), Netherlands ($101k), Estonia ($8.3k), Norway ($3.5k), and Russia ($2.86k).

The fastest growing export markets for Cast Iron Pipes of Latvia between 2022 and 2023 were Lithuania ($218k), Netherlands ($55.3k), and Norway ($3.23k).

Imports In 2018, Latvia imported $4.02M in Cast Iron Pipes, becoming the 77th largest importer of Cast Iron Pipes in the world. At the same year, Cast Iron Pipes was the 547th most imported product in Latvia. Latvia imports Cast Iron Pipes primarily from: France ($981k), Poland ($886k), Lithuania ($817k), Estonia ($558k), and Italy ($419k).

The fastest growing import markets in Cast Iron Pipes for Latvia between 2022 and 2023 were Estonia ($465k), Lithuania ($367k), and Italy ($117k).

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 Cast Iron Pipes. 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)$371k
IMPORTS (2023)$4.02M
NET TRADE (2023)-$3.65M

In 2023, Latvia exported $371k in Cast Iron Pipes. The main destinations of Latvia exports on Cast Iron Pipes were Lithuania ($254k), Netherlands ($101k), Estonia ($8.3k), Norway ($3.5k), and Russia ($2.86k).

In 2023, Latvia imported $4.02M in Cast Iron Pipes, mainly from France ($981k), Poland ($886k), Lithuania ($817k), Estonia ($558k), and Italy ($419k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cast Iron Pipes EXPORT MARKETS FOR Latvia WERE (2022 - 2023):
Lithuania$218k (612%)
Netherlands$55.3k (122%)
Norway$3.23k (1.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cast Iron Pipes BY Latvia WERE (2022 - 2023):
Estonia-$294k (-97.3%)
United Kingdom-$65.8k (-100%)
Russia-$5.14k (-64.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Latvia's main exporting competitors in Cast Iron Pipes were:
China $529M
India $223M
In 2023, Latvia's main importing competitors in Cast Iron Pipes were:

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Trade Value of Cast Iron Pipes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $11.3k
TOP IMPORT POTENTIALGermany+ $85.4k

Cast Iron Pipes’s highest export potential is Russia. With an export gap of $11.3k.   Cast Iron Pipes’s highest import potential is Germany with an import gap of $85.4k.

See methodology.

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