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Exports In 2022, Latvia exported $31.2k in Iron Anchors, making it the 71st largest exporter of Iron Anchors in the world. At the same year, Iron Anchors was the 1032nd most exported product in Latvia. The main destination of Iron Anchors exports from Latvia are: Cyprus ($8.86k), Lithuania ($8.29k), Italy ($5.29k), Finland ($4.09k), and Estonia ($3.02k).

The fastest growing export markets for Iron Anchors of Latvia between 2021 and 2022 were Cyprus ($8.86k), Italy ($5.29k), and Finland ($983).

Imports In 2022, Latvia imported $73.9k in Iron Anchors, becoming the 138th largest importer of Iron Anchors in the world. At the same year, Iron Anchors was the 1075th most imported product in Latvia. Latvia imports Iron Anchors primarily from: China ($19.8k), Netherlands ($13.6k), Lithuania ($8.47k), Finland ($8.22k), and United Kingdom ($6.19k).

The fastest growing import markets in Iron Anchors for Latvia between 2021 and 2022 were Norway ($4.9k), Lithuania ($3.41k), and France ($2.44k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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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 Iron Anchors. 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)$31.2k
IMPORTS (2022)$73.9k
NET TRADE (2022)-$42.7k

In 2022, Latvia exported $31.2k in Iron Anchors. The main destinations of Latvia exports on Iron Anchors were Cyprus ($8.86k), Lithuania ($8.29k), Italy ($5.29k), Finland ($4.09k), and Estonia ($3.02k).

In 2022, Latvia imported $73.9k in Iron Anchors, mainly from China ($19.8k), Netherlands ($13.6k), Lithuania ($8.47k), Finland ($8.22k), and United Kingdom ($6.19k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Anchors EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Cyprus$8.86k (1%)
Italy$5.29k (1%)
Finland$983 (31.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Anchors BY Latvia WERE (2021 - 2022):
Norway-$214k (-100%)
Denmark-$201k (-99.9%)
Lithuania-$5.54k (-40.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Latvia's main exporting competitors in Iron Anchors were:
In 2022, Latvia's main importing competitors in Iron Anchors were:

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Trade Value of Iron Anchors by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALItaly+ $2.99k
TOP IMPORT POTENTIALChina+ $8.74k

Iron Anchors’s highest export potential is Italy. With an export gap of $2.99k.   Iron Anchors’s highest import potential is China with an import gap of $8.74k.

See methodology.

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