2023
Exports
$4.11MWorld Rnk 41 / 131
Flag Rnk 423 / 1196
2023
PRODUCT COMPLEXITY IN Iron Sheet Piling
0.41Rnk 403 / 1025
2023
Imports
$3.51MWorld Rnk 64 / 212
Flag Rnk 571 / 1206

About

Exports In 2023, Latvia exported $4.11M in Iron Sheet Piling, making it the 41st largest exporter of Iron Sheet Piling in the world. At the same year, Iron Sheet Piling was the 423rd most exported product in Latvia. The main destination of Iron Sheet Piling exports from Latvia are: Denmark ($2.85M), Lithuania ($707k), Netherlands ($289k), Germany ($158k), and Sweden ($29.8k).

The fastest growing export markets for Iron Sheet Piling of Latvia between 2022 and 2023 were Denmark ($650k), Lithuania ($229k), and United Kingdom ($7.77k).

Imports In 2023, Latvia imported $3.51M in Iron Sheet Piling, becoming the 64th largest importer of Iron Sheet Piling in the world. At the same year, Iron Sheet Piling was the 571st most imported product in Latvia. Latvia imports Iron Sheet Piling primarily from: Lithuania ($1.43M), Denmark ($783k), Estonia ($726k), Poland ($209k), and Germany ($111k).

The fastest growing import markets in Iron Sheet Piling for Latvia between 2022 and 2023 were Lithuania ($1M), Estonia ($80.3k), and Italy ($59.9k).

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 Iron Sheet Piling. 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)$4.11M
IMPORTS (2023)$3.51M
NET TRADE (2023)$600k

In 2023, Latvia exported $4.11M in Iron Sheet Piling. The main destinations of Latvia exports on Iron Sheet Piling were Denmark ($2.85M), Lithuania ($707k), Netherlands ($289k), Germany ($158k), and Sweden ($29.8k).

In 2023, Latvia imported $3.51M in Iron Sheet Piling, mainly from Lithuania ($1.43M), Denmark ($783k), Estonia ($726k), Poland ($209k), and Germany ($111k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Sheet Piling EXPORT MARKETS FOR Latvia WERE (2022 - 2023):
Denmark$650k (29.6%)
Lithuania$229k (47.9%)
United Kingdom$7.77k (37.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Sheet Piling BY Latvia WERE (2022 - 2023):
Finland-$284k (-95.4%)
Netherlands-$90.1k (-23.8%)
Estonia-$62.2k (-78%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Latvia's main exporting competitors in Iron Sheet Piling were:
In 2023, Latvia's main importing competitors in Iron Sheet Piling were:

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Trade Value of Iron Sheet Piling by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $142k
TOP IMPORT POTENTIALChina+ $170k

Iron Sheet Piling’s highest export potential is Germany. With an export gap of $142k.   Iron Sheet Piling’s highest import potential is China with an import gap of $170k.

See methodology.

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