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Latvia Trade Summary

1995

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 1995

Overall Exports and Imports for Latvia 1995

Exports and imports of Latvia in 1995 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,305 million.
  • The total value of imports (CIF) was 1,818 million.
  • At the HS6 digit level, 2,834 products were exported to 90 countries and 4,072 products were imported from 110 countries.

Latvia top 5 Export and Import partners 1995

Top five countries to which Latvia exported in 1995 are below, along with the percent of total exports that went to that country:

  1. Latvia exports to Russian Federation worth US$ 331 million, with a partner share of 25.33 percent.
  2. Latvia exports to Germany worth US$ 178 million, with a partner share of 13.60 percent.
  3. Latvia exports to Sweden worth US$ 121 million, with a partner share of 9.31 percent.
  4. Latvia exports to United Kingdom worth US$ 118 million, with a partner share of 9.06 percent.
  5. Latvia exports to Lithuania worth US$ 72 million, with a partner share of 5.54 percent.

Top five countries from which Latvia imported goods in 1995 are below, along with percent of total imports that came from the country :

  1. Latvia imports from Russian Federation worth US$ 395 million, with a partner share of 21.71 percent.
  2. Latvia imports from Germany worth US$ 280 million, with a partner share of 15.40 percent.
  3. Latvia imports from Finland worth US$ 190 million, with a partner share of 10.42 percent.
  4. Latvia imports from Sweden worth US$ 146 million, with a partner share of 8.01 percent.
  5. Latvia imports from Lithuania worth US$ 101 million, with a partner share of 5.54 percent.

Latvia Top 5 Productsexports imports at HS 6 digit level 1995

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$ 126,112.85 million.
  2. Latvia exported Untreated coniferous wood in the rough... , worth US$ 72,426.35 million.
  3. Latvia exported Wood, nes in the rough..., (excl. treated) , worth US$ 59,414.01 million.
  4. Latvia exported Bars & rods, i/nas, hr,in irreg wound coils,cnt , worth US$ 47,789.28 million.
  5. Latvia exported Prepared or preserved sardines, sardinella, bri , worth US$ 47,523.05 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$ 224,697.23 million.
  2. Latvia imported Natural gas in gaseous state , worth US$ 91,460.70 million.
  3. Latvia imported Electrical energy , worth US$ 51,030.68 million.
  4. Latvia imported Parts of garments or clothing accessories, nes , worth US$ 42,542.89 million.
  5. Latvia imported 6-Hexanelactam (epsilon-caprolactam) , worth US$ 34,512.34 million.

Exports and Imports of Product Groups 1995

Exports and imports of products by stages of processing in 1995 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1995

Tariffs imposed by Latvia in 1995 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 1995

Key Development Indicators of Latvia in 1995 are below

  • Latvia GDP in current US dollar was 5,789 million.
  • GNI per capita, Atlas method (current US$) was not available .
  • Latvia Trade balance: as % of GDP was -4.74.
  • Trade balance in current US$ was -275.00 million.
  • Trade as percentage of GDP was 73.87 .
  • Trade in services as percentage of GDP was 16.69 .

Trade Indicators 1995

Trade Indicators for Latvia in 1995 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 2.25.
  • World Growth in percentage was 11.51 and Latvia Country Growth was 19.10 .