Latvia Trade Summary

1997 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): 1,672
No. Of products: 2,927
No. Of partners: 106
Importsmore »
Imports (in US$ Mil): 2,721
No. Of products: 4,260
No. Of partners: 111

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Coniferous wood sawn ...270,481.54
Bars&rods,i/nas,hr,h ...54,679.42
Prepared or preserve ...49,245.95
Other medicaments of ...41,805.66
Untreated coniferous ...32,528.51
Imports (US$ Thousands)
Petroleum oils, etc, ...199,590.42
Natural gas in gaseo ...103,223.00
Other medicaments of ...63,818.89
Electrical energy41,621.58
Automobiles with rec ...41,528.22

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Russian Federation350 20.95
United Kingdom240 14.34
Germany230 13.77
Sweden139 8.30
Lithuania126 7.51
Exporter Trade (US$ Mil) Partner share(%)
Germany435 16.00
Russian Federation425 15.60
Finland264 9.69
Sweden209 7.67
Lithuania173 6.37

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials165 9.86 191 7.03 8.02
Intermediate goods675 40.36 607 22.30 2.68
Consumer goods656 39.25 1,244 45.72 4.03
Capital goods167 9.99 678 24.94 0.82

Trade Indicators

more »
HH Market concentration index: 0.08
Index of export market penetration: 2.67
World Growth: 3.05
Country Growth: 5.95

Tariffs

more »
No Of Tariff Agreement: 2
Maximum Rate (%): 75
Simple Average (%): 4.93
Weighted Average (%): 3.21
Duty Free Imports (US$ Thousand): 670,877.89
Duty Free Tariff Lines Share (%): 6.45

Development Indicators

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GDP (current US$ Mil): 6,526
GNI per capita, Atlas method (current US$): 2,720.00
Trade Balance (% of GDP): -9.04
Trade Balance (current US$ Mil): -590.00
Trade in services (% of GDP): 27.71
Trade (% of GDP): 88.47