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Exports In 2023, Latvia exported $10.3M in Railroad Ties, making it the 7th largest exporter of Railroad Ties in the world. At the same year, Railroad Ties was the 269th most exported product in Latvia. The main destination of Railroad Ties exports from Latvia are: Netherlands ($8.3M), Lithuania ($1.1M), United Kingdom ($280k), Ireland ($248k), and Israel ($207k).

The fastest growing export markets for Railroad Ties of Latvia between 2022 and 2023 were Israel ($142k) and Hungary ($5.77k).

Imports In 2023, Latvia imported $1.72M in Railroad Ties, becoming the 31st largest importer of Railroad Ties in the world. At the same year, Railroad Ties was the 710th most imported product in Latvia. Latvia imports Railroad Ties primarily from: France ($1.18M), Poland ($350k), Estonia ($138k), Lithuania ($33.6k), and Netherlands ($14.2k).

The fastest growing import markets in Railroad Ties for Latvia between 2022 and 2023 were France ($815k), Poland ($290k), and Estonia ($138k).

Latest Trends

Dec 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 Railroad Ties. 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)$10.3M
IMPORTS (2023)$1.72M
NET TRADE (2023)$8.62M

In 2023, Latvia exported $10.3M in Railroad Ties. The main destinations of Latvia exports on Railroad Ties were Netherlands ($8.3M), Lithuania ($1.1M), United Kingdom ($280k), Ireland ($248k), and Israel ($207k).

In 2023, Latvia imported $1.72M in Railroad Ties, mainly from France ($1.18M), Poland ($350k), Estonia ($138k), Lithuania ($33.6k), and Netherlands ($14.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Railroad Ties EXPORT MARKETS FOR Latvia WERE (2022 - 2023):
Israel$142k (218%)
Hungary$5.77k (15.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railroad Ties BY Latvia WERE (2022 - 2023):
Netherlands-$1.02M (-10.9%)
United Kingdom-$312k (-52.7%)
Poland-$265k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Latvia's main exporting competitors in Railroad Ties were:
In 2023, Latvia's main importing competitors in Railroad Ties were:

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Trade Value of Railroad Ties by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALPoland+ $47.3k
TOP IMPORT POTENTIALRussia+ $17.5k

Railroad Ties’s highest export potential is Poland. With an export gap of $47.3k.   Railroad Ties’s highest import potential is Russia with an import gap of $17.5k.

See methodology.

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