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Latvia Trade Summary

1994

Latvia exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR LATVIA 1994

Overall Exports and Imports for Latvia 1994

Exports and imports of Latvia in 1994 are below, along with number of countries and products

  • The total value of exports (FoB) was 990 million.
  • The total value of imports (CIF) was 1,241 million.
  • At the HS6 digit level, 2,776 products were exported to 98 countries and 3,904 products were imported from 108 countries.

Latvia top 5 Export and Import partners 1994

Top five countries to which Latvia exported in 1994 are below, along with the percent of total exports that went to that country:

  1. Latvia exports to Russian Federation worth US$ 278 million, with a partner share of 28.12 percent.
  2. Latvia exports to Germany worth US$ 104 million, with a partner share of 10.54 percent.
  3. Latvia exports to United Kingdom worth US$ 96 million, with a partner share of 9.71 percent.
  4. Latvia exports to Sweden worth US$ 68 million, with a partner share of 6.91 percent.
  5. Latvia exports to Ukraine worth US$ 58 million, with a partner share of 5.90 percent.

Top five countries from which Latvia imported goods in 1994 are below, along with percent of total imports that came from the country :

  1. Latvia imports from Russian Federation worth US$ 292 million, with a partner share of 23.52 percent.
  2. Latvia imports from Germany worth US$ 169 million, with a partner share of 13.59 percent.
  3. Latvia imports from Finland worth US$ 106 million, with a partner share of 8.54 percent.
  4. Latvia imports from Unspecified worth US$ 93 million, with a partner share of 7.48 percent.
  5. Latvia imports from Sweden worth US$ 80 million, with a partner share of 6.42 percent.

Latvia Top 5 Productsexports imports at HS 6 digit level 1994

The top five exported HS 6 digit level products to world by Latvia along with trade value are:

  1. Latvia exported Coniferous wood sawn or chipped lengthwise, sli , worth US$ 64,811.84 million.
  2. Latvia exported Untreated coniferous wood in the rough... , worth US$ 37,573.22 million.
  3. Latvia exported Diesel powered buses with a seating capacity of , worth US$ 31,274.19 million.
  4. Latvia exported Wood, nes sawn or chipped lengthwise, sliced or , worth US$ 29,320.30 million.
  5. Latvia exported Bars & rods, i/nas, hr,in irreg wound coils,cnt , worth US$ 28,254.43 million.

The top five imported HS 6 digit level products from world by Latvia along with trade value are

  1. Latvia imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 222,270.85 million.
  2. Latvia imported Natural gas in gaseous state , worth US$ 79,275.90 million.
  3. Latvia imported Electrical energy , worth US$ 35,282.64 million.
  4. Latvia imported 6-Hexanelactam (epsilon-caprolactam) , worth US$ 21,548.40 million.
  5. Latvia imported Other medicaments of mixed or unmixed products, , worth US$ 17,311.31 million.

Exports and Imports of Product Groups 1994

Exports and imports of products by stages of processing in 1994 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1994

Tariffs imposed by Latvia in 1994 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 1994

Key Development Indicators of Latvia in 1994 are below

  • Latvia GDP in current US dollar was not available.
  • GNI per capita, Atlas method (current US$) was not available .
  • Latvia Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 1994

Trade Indicators for Latvia in 1994 are below

  • Hirschman Herfindahl market concentration index was 0.11.
  • Index of export market penetration was 2.12.
  • World Growth in percentage was 15.29 and Latvia Country Growth was 30.37 .