Key Market Indicators
Latvia's wool imports fell 9.7% to $4.4 million in 2021, compared to $4.9 million in 2020. Since 1999, imports have declined 11.6% year-on-year. Latvia was ranked 75th, with Israel coming in first with $4.4 million. Italy, Germany and the UK followed as the next three highest importers. Latvia's wool exports dropped a steep 71.3% to $380,000 in 2021, compared to $1.3 million in 2020. Since 1999, exports have decreased 30.5% year-on-year. Latvia was ranked 72nd, with Algeria overtaking with $380,000. China, Italy and Germany occupied the next three spots in the ranking.
