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Exports In 2023, Latvia exported $31.6M in Wood Stakes, making it the 2nd largest exporter of Wood Stakes in the world. At the same year, Wood Stakes was the 127th most exported product in Latvia. The main destination of Wood Stakes exports from Latvia are: United Kingdom ($20.8M), Ireland ($2.89M), Israel ($1.99M), Lithuania ($651k), and Spain ($582k).

The fastest growing export markets for Wood Stakes of Latvia between 2022 and 2023 were Israel ($1.93M), Ireland ($1.24M), and Lithuania ($468k).

Imports In 2023, Latvia imported $7.59M in Wood Stakes, becoming the 11th largest importer of Wood Stakes in the world. At the same year, Wood Stakes was the 419th most imported product in Latvia. Latvia imports Wood Stakes primarily from: Ukraine ($6.04M), Kazakhstan ($789k), Poland ($364k), Lithuania ($182k), and Finland ($114k).

The fastest growing import markets in Wood Stakes for Latvia between 2022 and 2023 were Ukraine ($4.79M), Kazakhstan ($789k), and Poland ($327k).

Latest Trends

Jan 2025

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 Stakes. 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)$31.6M
IMPORTS (2023)$7.59M
NET TRADE (2023)$24.1M

In 2023, Latvia exported $31.6M in Wood Stakes. The main destinations of Latvia exports on Wood Stakes were United Kingdom ($20.8M), Ireland ($2.89M), Israel ($1.99M), Lithuania ($651k), and Spain ($582k).

In 2023, Latvia imported $7.59M in Wood Stakes, mainly from Ukraine ($6.04M), Kazakhstan ($789k), Poland ($364k), Lithuania ($182k), and Finland ($114k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wood Stakes EXPORT MARKETS FOR Latvia WERE (2022 - 2023):
Israel$1.93M (3.18k%)
Ireland$1.24M (75.1%)
Lithuania$468k (256%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Stakes BY Latvia WERE (2022 - 2023):
Netherlands-$332k (-70.6%)
Portugal-$186k (-84.5%)
Guinea-$178k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Latvia's main exporting competitors in Wood Stakes were:
Poland $35.4M
Hungary $22.2M
In 2023, Latvia's main importing competitors in Wood Stakes were:

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Trade Value of Wood Stakes by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $251k
TOP IMPORT POTENTIALPoland+ $43.7k

Wood Stakes’s highest export potential is Germany. With an export gap of $251k.   Wood Stakes’s highest import potential is Poland with an import gap of $43.7k.

See methodology.

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