2022
Exports
$4.46MWorld Rnk 42 / 175
Flag Rnk 400 / 1190
2022
PRODUCT COMPLEXITY IN Used Rubber Tires
0.67Rnk 290 / 1025
2022
Imports
$7.22MWorld Rnk 71 / 219
Flag Rnk 437 / 1203

About

Exports In 2022, Latvia exported $4.46M in Used Rubber Tires, making it the 42nd largest exporter of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 400th most exported product in Latvia. The main destination of Used Rubber Tires exports from Latvia are: Russia ($1.69M), Estonia ($850k), Lithuania ($802k), Kazakhstan ($334k), and Ukraine ($216k).

The fastest growing export markets for Used Rubber Tires of Latvia between 2021 and 2022 were Russia ($286k), Kazakhstan ($169k), and Cyprus ($88.5k).

Imports In 2022, Latvia imported $7.22M in Used Rubber Tires, becoming the 71st largest importer of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 437th most imported product in Latvia. Latvia imports Used Rubber Tires primarily from: India ($2.19M), Italy ($834k), Sri Lanka ($620k), Lithuania ($527k), and Poland ($514k).

The fastest growing import markets in Used Rubber Tires for Latvia between 2021 and 2022 were India ($1.08M), South Africa ($145k), and Finland ($143k).

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 Used Rubber Tires. 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)$4.46M
IMPORTS (2022)$7.22M
NET TRADE (2022)-$2.76M

In 2022, Latvia exported $4.46M in Used Rubber Tires. The main destinations of Latvia exports on Used Rubber Tires were Russia ($1.69M), Estonia ($850k), Lithuania ($802k), Kazakhstan ($334k), and Ukraine ($216k).

In 2022, Latvia imported $7.22M in Used Rubber Tires, mainly from India ($2.19M), Italy ($834k), Sri Lanka ($620k), Lithuania ($527k), and Poland ($514k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Used Rubber Tires EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Russia$286k (20.3%)
Kazakhstan$169k (102%)
Cyprus$88.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Used Rubber Tires BY Latvia WERE (2021 - 2022):
Kyrgyzstan-$250k (-77.3%)
Estonia-$162k (-16%)
Germany-$52.5k (-41.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Latvia's main exporting competitors in Used Rubber Tires were:
In 2022, Latvia's main importing competitors in Used Rubber Tires were:

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Trade Value of Used Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $118k
TOP IMPORT POTENTIALGermany+ $210k

Used Rubber Tires’s highest export potential is Germany. With an export gap of $118k.   Used Rubber Tires’s highest import potential is Germany with an import gap of $210k.

See methodology.

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