2023
Exports
$132kWorld Rnk 49 / 89
Flag Rnk 910 / 1196
2023
PRODUCT COMPLEXITY IN Non-Retail Carded Wool Yarn
0.072Rnk 530 / 1025
2023
Imports
$3.03MWorld Rnk 33 / 138
Flag Rnk 597 / 1206

About

Exports In 2023, Latvia exported $132k in Non-Retail Carded Wool Yarn, making it the 49th largest exporter of Non-Retail Carded Wool Yarn in the world. At the same year, Non-Retail Carded Wool Yarn was the 910th most exported product in Latvia. The main destination of Non-Retail Carded Wool Yarn exports from Latvia are: Sweden ($83.6k), United States ($19.2k), Netherlands ($17k), Finland ($11.8k), and Iceland ($776).

The fastest growing export markets for Non-Retail Carded Wool Yarn of Latvia between 2022 and 2023 were United States ($14.3k), Netherlands ($5.79k), and Iceland ($651).

Imports In 2023, Latvia imported $3.03M in Non-Retail Carded Wool Yarn, becoming the 33rd largest importer of Non-Retail Carded Wool Yarn in the world. At the same year, Non-Retail Carded Wool Yarn was the 597th most imported product in Latvia. Latvia imports Non-Retail Carded Wool Yarn primarily from: Lithuania ($2.79M), Italy ($151k), United Kingdom ($56.5k), China ($13.8k), and Germany ($9.03k).

The fastest growing import markets in Non-Retail Carded Wool Yarn for Latvia between 2022 and 2023 were Lithuania ($340k), United Kingdom ($22.3k), and Germany ($9.03k).

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 Non-Retail Carded Wool Yarn. 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)$132k
IMPORTS (2023)$3.03M
NET TRADE (2023)-$2.89M

In 2023, Latvia exported $132k in Non-Retail Carded Wool Yarn. The main destinations of Latvia exports on Non-Retail Carded Wool Yarn were Sweden ($83.6k), United States ($19.2k), Netherlands ($17k), Finland ($11.8k), and Iceland ($776).

In 2023, Latvia imported $3.03M in Non-Retail Carded Wool Yarn, mainly from Lithuania ($2.79M), Italy ($151k), United Kingdom ($56.5k), China ($13.8k), and Germany ($9.03k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Carded Wool Yarn EXPORT MARKETS FOR Latvia WERE (2022 - 2023):
United States$14.3k (291%)
Netherlands$5.79k (51.6%)
Iceland$651 (521%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Carded Wool Yarn BY Latvia WERE (2022 - 2023):
Sweden-$99.9k (-54.4%)
Lithuania-$14.5k (-100%)
Finland-$3.33k (-22%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Latvia's main exporting competitors in Non-Retail Carded Wool Yarn were:
In 2023, Latvia's main importing competitors in Non-Retail Carded Wool Yarn were:

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Trade Value of Non-Retail Carded Wool Yarn by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALNetherlands+ $8.92k
TOP IMPORT POTENTIALItaly+ $73.6k

Non-Retail Carded Wool Yarn’s highest export potential is Netherlands. With an export gap of $8.92k.   Non-Retail Carded Wool Yarn’s highest import potential is Italy with an import gap of $73.6k.

See methodology.

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