Latvia Trade Summary

2001 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): 2,001
No. Of products: 3,245
No. Of partners: 130
Importsmore »
Imports (in US$ Mil): 3,504
No. Of products: 4,438
No. Of partners: 116

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Coniferous wood sawn ...310,161.70
Bars&rods,i/nas,hr,h ...101,287.99
Plywood with >=1 out ...65,399.48
Untreated coniferous ...59,419.55
Aluminium unwrought, ...56,054.48
Imports (US$ Thousands)
Petroleum oils, etc, ...198,730.24
Other medicaments of ...112,305.61
Natural gas in gaseo ...97,777.22
Automobiles with rec ...67,545.04
Electrical energy45,196.74

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Germany334 16.68
United Kingdom313 15.65
Sweden191 9.57
Lithuania162 8.11
Russian Federation117 5.84
Exporter Trade (US$ Mil) Partner share(%)
Germany596 17.02
Russian Federation322 9.18
Lithuania297 8.46
Finland281 8.01
Sweden228 6.50

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials235 11.76 219 6.25 9.04
Intermediate goods844 42.18 722 20.61 1.61
Consumer goods747 37.31 1,668 47.59 3.41
Capital goods169 8.46 894 25.51 0.16

Trade Indicators

more »
HH Market concentration index: 0.07
Index of export market penetration: 3.21
World Growth: -1.74
Country Growth: -0.69

Tariffs

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No Of Tariff Agreement: 2
Maximum Rate (%): 87.80
Simple Average (%): 3.26
Weighted Average (%): 2.56
Duty Free Imports (US$ Thousand): 1,895,185.78
Duty Free Tariff Lines Share (%): 40.39

Development Indicators

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GDP (current US$): 8,350
GNI per capita, Atlas method (current US$): 3,600.00
Trade Balance (% of GDP): -10.38
Trade Balance (current US$ Mil): -867.00
Trade in services (% of GDP): 19.76
Trade (% of GDP): 86.49