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Exports In 2022, Latvia exported $7.67M in Wood Charcoal, making it the 33rd largest exporter of Wood Charcoal in the world. At the same year, Wood Charcoal was the 322nd most exported product in Latvia. The main destination of Wood Charcoal exports from Latvia are: France ($3.97M), Estonia ($1.29M), Lithuania ($759k), United Kingdom ($325k), and Spain ($323k).

The fastest growing export markets for Wood Charcoal of Latvia between 2021 and 2022 were Estonia ($463k), Spain ($231k), and Lithuania ($228k).

Imports In 2022, Latvia imported $3.93M in Wood Charcoal, becoming the 55th largest importer of Wood Charcoal in the world. At the same year, Wood Charcoal was the 561st most imported product in Latvia. Latvia imports Wood Charcoal primarily from: Indonesia ($1.65M), Russia ($770k), Poland ($738k), Belarus ($338k), and Spain ($74.5k).

The fastest growing import markets in Wood Charcoal for Latvia between 2021 and 2022 were Indonesia ($1.35M), Belarus ($274k), and Poland ($131k).

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 Wood Charcoal. 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)$7.67M
IMPORTS (2022)$3.93M
NET TRADE (2022)$3.74M

In 2022, Latvia exported $7.67M in Wood Charcoal. The main destinations of Latvia exports on Wood Charcoal were France ($3.97M), Estonia ($1.29M), Lithuania ($759k), United Kingdom ($325k), and Spain ($323k).

In 2022, Latvia imported $3.93M in Wood Charcoal, mainly from Indonesia ($1.65M), Russia ($770k), Poland ($738k), Belarus ($338k), and Spain ($74.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Charcoal EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Estonia$463k (55.8%)
Spain$231k (251%)
Lithuania$228k (42.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Charcoal BY Latvia WERE (2021 - 2022):
France-$513k (-11.4%)
Finland-$241k (-71.4%)
United Kingdom-$128k (-28.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Latvia's main exporting competitors in Wood Charcoal were:
In 2022, Latvia's main importing competitors in Wood Charcoal were:

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Trade Value of Wood Charcoal by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Kingdom+ $191k
TOP IMPORT POTENTIALUkraine+ $79.2k

Wood Charcoal’s highest export potential is United Kingdom. With an export gap of $191k.   Wood Charcoal’s highest import potential is Ukraine with an import gap of $79.2k.

See methodology.

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