Key Market Indicators
Latvia's copper exports are expected to decline to $38.8 million by 2026, down 3.9% compared to 2021. Since 1999, Latvia's copper exports have decreased by 0.3% year on year. In 2021, Latvia ranked 71st, with Estonia surpassing it at $49 million. Germany, the United States and Japan took the second, third and fourth spots respectively. Latvia's copper imports, on the other hand, are projected to reach $63.7 million by 2026, with an average yearly growth rate of 1.3%. Since 1999, Latvia's copper imports have increased 6.1% year on year. In 2021, Latvia was ranked 74th, with Nepal surpassing it at $58.9 million. Germany, the United States and Italy stood at second, third and fourth place respectively.