Latvia Trade Summary

1996 Data

Latvia exports, imports, tariff by year.

Country / 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

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 1,443
No. Of products: 2,788
No. Of partners: 100
Importsmore »
Imports (in US$ Mil): 2,319
No. Of products: 4,194
No. Of partners: 121

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Coniferous wood sawn ...178,908.85
Prepared or preserve ...60,006.12
Bars & rods, i/nas, ...36,154.52
Other medicaments of ...31,789.91
Untreated coniferous ...28,061.27
Imports (US$ Thousands)
Petroleum oils, etc, ...319,023.58
Natural gas in gaseo ...81,971.50
Electrical energy79,077.90
Other medicaments of ...47,609.64
Parts and accessorie ...29,756.68

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Russian Federation330 22.84
Germany199 13.78
United Kingdom160 11.10
Lithuania107 7.44
Sweden95 6.56
Exporter Trade (US$ Mil) Partner share(%)
Russian Federation469 20.22
Germany321 13.84
Finland214 9.21
Sweden183 7.87
Lithuania146 6.31

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials116 8.05 176 7.58 4.00
Intermediate goods546 37.81 571 24.62 2.25
Consumer goods576 39.90 1,086 46.83 2.47
Capital goods185 12.82 485 20.92 0.78

Trade Indicators

more »
HH Market concentration index: 0.08
Index of export market penetration: 2.62
World Growth: 3.55
Country Growth: 13.07

Tariffs

more »
No Of Tariff Agreement: 2
Maximum Rate (%): 45
Simple Average (%): 3.67
Weighted Average (%): 2.18
Duty Free Imports (US$ Thousand): 662,547.73
Duty Free Tariff Lines Share (%): 9.20

Development Indicators

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GDP (current US$ Mil): 5,970
GNI per capita, Atlas method (current US$):
Trade Balance (% of GDP): -9.02
Trade Balance (current US$ Mil): -538.00
Trade in services (% of GDP): 32.34
Trade (% of GDP): 89.92