Key Market Indicators
Latvia's imports of natural rubber dropped by 4.4% to around $75,000 in 2021, compared to $78,000 in 2020. Since 1999, Latvian demand has decreased by 6.5% year on year. Qatar topped the ranking with $75,000, followed by the United States, Malaysia and Japan. Meanwhile, Latvia's exports of natural rubber plummeted by 79.6% to around $300 in 2018, compared to $1,440 in 2017. Since 2001, Latvian supply has decreased by 67.3% year on year. Bosnia and Herzegovina took the lead with $300, followed by Indonesia, Ivory Coast and Malaysia.