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Exports In 2022, Latvia exported $302M in Particle Board, making it the 15th largest exporter of Particle Board in the world. At the same year, Particle Board was the 13th most exported product in Latvia. The main destination of Particle Board exports from Latvia are: United States ($111M), Lithuania ($54.6M), Finland ($26.4M), United Kingdom ($23.2M), and Sweden ($22.1M).

The fastest growing export markets for Particle Board of Latvia between 2021 and 2022 were Finland ($12.4M), United States ($9.83M), and Lithuania ($6.19M).

Imports In 2022, Latvia imported $44.2M in Particle Board, becoming the 47th largest importer of Particle Board in the world. At the same year, Particle Board was the 131st most imported product in Latvia. Latvia imports Particle Board primarily from: Poland ($17.4M), Belarus ($13.3M), Russia ($5.07M), United Kingdom ($2.56M), and Lithuania ($1.55M).

The fastest growing import markets in Particle Board for Latvia between 2021 and 2022 were United Kingdom ($2.51M), Poland ($964k), and Romania ($209k).

Latest Trends

Oct 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 Particle Board. 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)$302M
IMPORTS (2022)$44.2M
NET TRADE (2022)$257M

In 2022, Latvia exported $302M in Particle Board. The main destinations of Latvia exports on Particle Board were United States ($111M), Lithuania ($54.6M), Finland ($26.4M), United Kingdom ($23.2M), and Sweden ($22.1M).

In 2022, Latvia imported $44.2M in Particle Board, mainly from Poland ($17.4M), Belarus ($13.3M), Russia ($5.07M), United Kingdom ($2.56M), and Lithuania ($1.55M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Particle Board EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Finland$12.4M (88.3%)
United States$9.83M (9.76%)
Lithuania$6.19M (12.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Particle Board BY Latvia WERE (2021 - 2022):
United Kingdom-$15.6M (-40.1%)
Norway-$13.7M (-52.2%)
Sweden-$12.3M (-35.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Latvia's main exporting competitors in Particle Board were:
In 2022, Latvia's main importing competitors in Particle Board were:

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Trade Value of Particle Board by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALPoland+ $3.39M
TOP IMPORT POTENTIALRussia+ $1.02M

Particle Board’s highest export potential is Poland. With an export gap of $3.39M.   Particle Board’s highest import potential is Russia with an import gap of $1.02M.

See methodology.

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