2022
Exports
$8.16MWorld Rnk 44 / 131
Flag Rnk 315 / 1190
2022
PRODUCT COMPLEXITY IN Large Coated Flat-Rolled Iron
0.57Rnk 337 / 1025
2022
Imports
$24.9MWorld Rnk 45 / 213
Flag Rnk 217 / 1203

About

Exports In 2022, Latvia exported $8.16M in Large Coated Flat-Rolled Iron, making it the 44th largest exporter of Large Coated Flat-Rolled Iron in the world. At the same year, Large Coated Flat-Rolled Iron was the 315th most exported product in Latvia. The main destination of Large Coated Flat-Rolled Iron exports from Latvia are: Poland ($4.54M), Finland ($1.02M), Lithuania ($1M), Estonia ($519k), and Sweden ($350k).

The fastest growing export markets for Large Coated Flat-Rolled Iron of Latvia between 2021 and 2022 were Spain ($9.74k), Denmark ($5.78k), and Uruguay ($4.64k).

Imports In 2022, Latvia imported $24.9M in Large Coated Flat-Rolled Iron, becoming the 45th largest importer of Large Coated Flat-Rolled Iron in the world. At the same year, Large Coated Flat-Rolled Iron was the 217th most imported product in Latvia. Latvia imports Large Coated Flat-Rolled Iron primarily from: Germany ($7.27M), Turkey ($5.81M), Belgium ($2.5M), Netherlands ($2.15M), and Poland ($1.81M).

The fastest growing import markets in Large Coated Flat-Rolled Iron for Latvia between 2021 and 2022 were Germany ($6.05M), Turkey ($1.72M), and Denmark ($1.52M).

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 Large Coated Flat-Rolled Iron. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$8.16M
IMPORTS (2022)$24.9M
NET TRADE (2022)-$16.8M

In 2022, Latvia exported $8.16M in Large Coated Flat-Rolled Iron. The main destinations of Latvia exports on Large Coated Flat-Rolled Iron were Poland ($4.54M), Finland ($1.02M), Lithuania ($1M), Estonia ($519k), and Sweden ($350k).

In 2022, Latvia imported $24.9M in Large Coated Flat-Rolled Iron, mainly from Germany ($7.27M), Turkey ($5.81M), Belgium ($2.5M), Netherlands ($2.15M), and Poland ($1.81M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Coated Flat-Rolled Iron EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Spain$9.74k (1%)
Denmark$5.78k (185%)
Uruguay$4.64k (341%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Coated Flat-Rolled Iron BY Latvia WERE (2021 - 2022):
Poland-$17.7M (-79.6%)
Lithuania-$5.28M (-84%)
Estonia-$4.44M (-89.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Latvia's main exporting competitors in Large Coated Flat-Rolled Iron were:
In 2022, Latvia's main importing competitors in Large Coated Flat-Rolled Iron were:

Explore Visualizations

Trade Value of Large Coated Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCzechia+ $193k
TOP IMPORT POTENTIALChina+ $353k

Large Coated Flat-Rolled Iron’s highest export potential is Czechia. With an export gap of $193k.   Large Coated Flat-Rolled Iron’s highest import potential is China with an import gap of $353k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with