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Latvia Trade Summary

2001

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 2001

Overall Exports and Imports for Latvia 2001

Exports and imports of Latvia in 2001 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,601 million.
  • The total value of imports (CIF) was 2,806 million.
  • At the HS6 digit level, 3,241 products were exported to 137 countries and 4,437 products were imported from 121 countries.

Latvia top 5 Export and Import partners 2001

Top five countries to which Latvia exported in 2001 are below, along with the percent of total exports that went to that country:

  1. Latvia exports to Germany worth US$ 267 million, with a partner share of 16.67 percent.
  2. Latvia exports to United Kingdom worth US$ 251 million, with a partner share of 15.66 percent.
  3. Latvia exports to Sweden worth US$ 153 million, with a partner share of 9.56 percent.
  4. Latvia exports to Lithuania worth US$ 130 million, with a partner share of 8.12 percent.
  5. Latvia exports to Russian Federation worth US$ 94 million, with a partner share of 5.85 percent.

Top five countries from which Latvia imported goods in 2001 are below, along with percent of total imports that came from the country :

  1. Latvia imports from Germany worth US$ 478 million, with a partner share of 17.03 percent.
  2. Latvia imports from Russian Federation worth US$ 258 million, with a partner share of 9.18 percent.
  3. Latvia imports from Lithuania worth US$ 238 million, with a partner share of 8.47 percent.
  4. Latvia imports from Finland worth US$ 225 million, with a partner share of 8.01 percent.
  5. Latvia imports from Sweden worth US$ 182 million, with a partner share of 6.50 percent.

Latvia Top 5 Productsexports imports at HS 6 digit level 2001

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 248,321.35 (US$ Thousands).
  2. Latvia exported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth 81,142.27 (US$ Thousands).
  3. Latvia exported Plywood with >=1 outer ply of non-coniferous wo , worth 52,322.01 (US$ Thousands).
  4. Latvia exported Untreated coniferous wood in the rough... , worth 47,495.99 (US$ Thousands).
  5. Latvia exported Aluminium unwrought, alloyed , worth 44,845.77 (US$ Thousands).

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 158,967.33 (US$ Thousands).
  2. Latvia imported Other medicaments of mixed or unmixed products, , worth 89,873.41 (US$ Thousands).
  3. Latvia imported Natural gas in gaseous state , worth 78,299.44 (US$ Thousands).
  4. Latvia imported Automobiles with reciprocating piston engine di , worth 54,135.66 (US$ Thousands).
  5. Latvia imported Electrical energy , worth 36,107.39 (US$ Thousands).

Exports and Imports of Product Groups 2001

Exports and imports of products by stages of processing in 2001 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2001

Tariffs imposed by Latvia in 2001 are below

  • The maximum rate of tariff in percentage on any product was 87.80 percent.
  • The simple average tariff across all products was 3.26 percent.
  • The trade weighted average tariff was 2.56 .
  • The total duty free imports in thousands of US dollars were 1,895,185.78 and duty free tariff line items share was 40.39 percent.

Development Indicators 2001

Key Development Indicators of Latvia in 2001 are below

  • Latvia GDP in current US dollar was 8,362 million.
  • GNI per capita, Atlas method (current US$) was 3,600.00 .
  • Latvia Trade balance: as % of GDP was -10.37.
  • Trade balance in current US$ was -867.00 million.
  • Trade as percentage of GDP was 86.37 .
  • Trade in services as percentage of GDP was 19.74 .

Trade Indicators 2001

Trade Indicators for Latvia in 2001 are below

  • Hirschman Herfindahl market concentration index was 0.07.
  • Index of export market penetration was 3.24.
  • World Growth in percentage was -1.72 and Latvia Country Growth was -0.56 .