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Peat: top exporters and importers (2024)

In 2024, world trade in peat totaled $1.9 billion (10 million tonnes). The top exporters were Canada (24%), Latvia (19%) and Germany (11%); the top importers were the United States (25%), the Netherlands (8%) and China (7%). Compared with 2019, the value fell 14%.

Summary

World trade
$1.9billion
Tonnes
10million tonnes
Price per tonne
$190
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Canada$461 million · 24.2%
  2. Latvia$357 million · 18.8%
  3. Germany$211 million · 11.1%
  4. Estonia$195 million · 10.3%
  5. Netherlands$167 million · 8.8%
    re-exports
  6. Lithuania$125 million · 6.6%
  7. Belgium$68 million · 3.6%
    re-exports
  8. Finland$38 million · 2%
  9. Ireland$36 million · 1.9%
  10. Sweden$33 million · 1.7%
  11. Spain$26 million · 1.4%
  12. Sri Lanka$22 million · 1.2%
  13. Russia$21 million · 1.1%
  14. Belarus$18 million · 0.95%
  15. India$17 million · 0.9%
  16. United States$17 million · 0.89%
  17. Czechia$13 million · 0.7%
  18. Poland$10 million · 0.55%
  19. United Kingdom$8 million · 0.44%
  20. Denmark$8 million · 0.42%

Top importers

  1. United States$474 million · 24.9%
  2. Netherlands$155 million · 8.2%
    re-exports
  3. China$140 million · 7.4%
  4. Germany$104 million · 5.5%
  5. France$95 million · 5%
  6. Italy$77 million · 4%
  7. Morocco$61 million · 3.2%
  8. Spain$54 million · 2.9%
  9. Poland$52 million · 2.7%
  10. Belgium$49 million · 2.6%
    re-exports
  11. United Kingdom$44 million · 2.3%
  12. Saudi Arabia$30 million · 1.6%
  13. Mexico$28 million · 1.5%
  14. Czechia$26 million · 1.4%
  15. Japan$25 million · 1.3%
  16. Australia$25 million · 1.3%
  17. Denmark$22 million · 1.2%
  18. Romania$22 million · 1.1%
  19. Peru$21 million · 1.1%
  20. Turkey$20 million · 1.1%

Trend

Who sells it

Canada has been the top exporter since 2005

Value in USD millions. The five largest exporters in 2024.

  • Canada 461
  • Latvia 357
  • Germany 211
  • Estonia 195
  • Netherlands 167

Source: CEPII BACI

Show the numbers
Country19952024
Canada167461
Latvia6.7357
Germany163211
Estonia24.7195
Netherlands54167

Price

Implied price

The price per tonne rose 74% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $190

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$109
1996$99
1997$95
1998$89
1999$86
2000$91
2001$90
2002$91
2003$94
2004$102
2005$112
2006$111
2007$130
2008$126
2009$146
2010$126
2011$139
2012$151
2013$133
2014$189
2015$228
2016$176
2017$174
2018$183
2019$200
2020$145
2021$161
2022$185
2023$204
2024$190

What it includes

  • 2703 · Peat

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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