Latvia Trade Summary

1998 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): 1,811
No. Of products: 2,958
No. Of partners: 121
Importsmore »
Imports (in US$ Mil): 3,191
No. Of products: 4,315
No. Of partners: 109

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Coniferous wood sawn ...283,216.67
Bars&rods,i/nas,hr,h ...79,555.34
Wood, nes in the rou ...46,900.62
Fuel wood, in logs, ...44,279.82
Other medicaments of ...42,662.94
Imports (US$ Thousands)
Petroleum oils, etc, ...176,556.16
Natural gas in gaseo ...101,125.94
Other medicaments of ...91,085.08
Automobiles with rec ...64,251.48
Diesel powered truck ...48,464.11

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Germany283 15.61
United Kingdom245 13.50
Russian Federation219 12.07
Sweden186 10.29
Lithuania134 7.42
Exporter Trade (US$ Mil) Partner share(%)
Germany535 16.77
Russian Federation375 11.76
Finland304 9.52
Sweden229 7.18
Estonia212 6.63

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials217 11.98 192 6.02 ...
Intermediate goods777 42.90 638 20.00 ...
Consumer goods656 36.24 1,493 46.78 ...
Capital goods149 8.20 867 27.17 ...

Trade Indicators

more »
HH Market concentration index: 0.08
Index of export market penetration: 2.87
World Growth: -0.47
Country Growth: -4.20

Tariffs

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No Of Tariff Agreement: ...
Maximum Rate (%): ...
Simple Average (%): ...
Weighted Average (%): ...
Duty Free Imports (US$ Thousand): ...
Duty Free Tariff Lines Share (%): ...

Development Indicators

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GDP (current US$): 7,175
GNI per capita, Atlas method (current US$): 2,870.00
Trade Balance (% of GDP): -12.07
Trade Balance (current US$ Mil): -866.00
Trade in services (% of GDP): 28.37
Trade (% of GDP): 90.44