Key Market Indicators
Latvian graphite exports are projected to increase modestly in the next five years. In 2021, Latvia exported $2,720 in graphite, a decrease of 5.9% since 2006. Portugal overtook Latvia in the rankings, placing 61st, while Brazil, Germany and the United States ranked 2nd, 3rd and 4th respectively. Latvian graphite imports are estimated to rise steadily in the next five years. In 2021, Latvia imported $108,720 in graphite, representing a nearly 157% increase since 2000. Nigeria overtook Latvia in the rankings, placing 62nd, while South Korea, the United States and Germany ranked 2nd, 3rd and 4th respectively. By 2026, imports are predicted to reach $118,000.
