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2022
Exports $1.28MWorld Rnk 71 / 195
Flag Rnk 628 / 1190
falsefalseN/A
2021 - 2022
FASTEST GROWING MARKETfalseNorway
2022
PRODUCT COMPLEXITY IN Iron Gas Containers-0.017Rnk 552 / 1025
2022
Imports $4.61MWorld Rnk 99 / 217
Flag Rnk 536 / 1203
2021 - 2022
FASTEST GROWING ORIGINfalseN/A

About

The fastest growing export markets for Iron Gas Containers of Latvia between 2021 and 2022 were Norway ($141k), British Virgin Islands ($77.1k), and Serbia ($71.9k).

Imports In 2022, Latvia imported $4.61M in Iron Gas Containers, becoming the 99th largest importer of Iron Gas Containers in the world. At the same year, Iron Gas Containers was the 536th most imported product in Latvia. Latvia imports Iron Gas Containers primarily from: Czechia ($1.64M), Poland ($614k), Germany ($525k), Italy ($467k), and Luxembourg ($390k).

Latest Trends

Jul 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 Iron Gas Containers. 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)$1.28M
IMPORTS (2022)$4.61M
NET TRADE (2022)-$3.34M

In 2022, Latvia imported $4.61M in Iron Gas Containers, mainly from Czechia ($1.64M), Poland ($614k), Germany ($525k), Italy ($467k), and Luxembourg ($390k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Gas Containers EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Norway$141k (1%)
British Virgin Islands$77.1k (1%)
Serbia$71.9k (20.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Gas Containers BY Latvia WERE (2021 - 2022):
United States-$337k (-66.9%)
Lithuania-$174k (-47%)
Russia-$152k (-42.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Latvia's main exporting competitors in Iron Gas Containers were:
China $1.11B
United States $380M
Turkey $289M
In 2022, Latvia's main importing competitors in Iron Gas Containers were:
United States $658M
Germany $335M
Canada $200M

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Trade Value of Iron Gas Containers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $279k
TOP IMPORT POTENTIALChina+ $264k

Iron Gas Containers’s highest export potential is United States. With an export gap of $279k.   Iron Gas Containers’s highest import potential is China with an import gap of $264k.

See methodology.

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