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Exports In 2022, Latvia exported $210M in Wood Crates, making it the 9th largest exporter of Wood Crates in the world. At the same year, Wood Crates was the 24th most exported product in Latvia. The main destination of Wood Crates exports from Latvia are: Germany ($63.9M), Sweden ($23M), Netherlands ($17.5M), Belgium ($14M), and France ($13.3M).

The fastest growing export markets for Wood Crates of Latvia between 2021 and 2022 were Germany ($8.76M), Sweden ($7.22M), and Netherlands ($4.67M).

Imports In 2022, Latvia imported $27.3M in Wood Crates, becoming the 33rd largest importer of Wood Crates in the world. At the same year, Wood Crates was the 203rd most imported product in Latvia. Latvia imports Wood Crates primarily from: Lithuania ($10.6M), Estonia ($5.98M), Poland ($3.08M), Belarus ($1.61M), and Germany ($969k).

The fastest growing import markets in Wood Crates for Latvia between 2021 and 2022 were Lithuania ($2M), Estonia ($1.77M), and Poland ($1.26M).

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 Crates. 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)$210M
IMPORTS (2022)$27.3M
NET TRADE (2022)$183M

In 2022, Latvia exported $210M in Wood Crates. The main destinations of Latvia exports on Wood Crates were Germany ($63.9M), Sweden ($23M), Netherlands ($17.5M), Belgium ($14M), and France ($13.3M).

In 2022, Latvia imported $27.3M in Wood Crates, mainly from Lithuania ($10.6M), Estonia ($5.98M), Poland ($3.08M), Belarus ($1.61M), and Germany ($969k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Crates EXPORT MARKETS FOR Latvia WERE (2021 - 2022):
Germany$8.76M (15.9%)
Sweden$7.22M (45.7%)
Netherlands$4.67M (36.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Crates BY Latvia WERE (2021 - 2022):
Slovakia-$1.55M (-47.4%)
India-$806k (-56.4%)
South Korea-$768k (-30.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Wood Crates by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALFrance+ $2.78M
TOP IMPORT POTENTIALPoland+ $873k

Wood Crates’s highest export potential is France. With an export gap of $2.78M.   Wood Crates’s highest import potential is Poland with an import gap of $873k.

See methodology.

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