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Latvia Trade Summary

2002

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 2002

Overall Exports and Imports for Latvia 2002

Exports and imports of Latvia in 2002 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,895 million.
  • The total value of imports (CIF) was 3,360 million.
  • At the HS6 digit level, 3,318 products were exported to 139 countries and 4,418 products were imported from 132 countries.

Latvia top 5 Export and Import partners 2002

Top five countries to which Latvia exported in 2002 are below, along with the percent of total exports that went to that country:

  1. Latvia exports to Germany worth US$ 294 million, with a partner share of 15.49 percent.
  2. Latvia exports to United Kingdom worth US$ 276 million, with a partner share of 14.58 percent.
  3. Latvia exports to Sweden worth US$ 200 million, with a partner share of 10.55 percent.
  4. Latvia exports to Lithuania worth US$ 158 million, with a partner share of 8.36 percent.
  5. Latvia exports to Estonia worth US$ 114 million, with a partner share of 6.00 percent.

Top five countries from which Latvia imported goods in 2002 are below, along with percent of total imports that came from the country :

  1. Latvia imports from Germany worth US$ 578 million, with a partner share of 17.20 percent.
  2. Latvia imports from Lithuania worth US$ 331 million, with a partner share of 9.84 percent.
  3. Latvia imports from Russian Federation worth US$ 294 million, with a partner share of 8.76 percent.
  4. Latvia imports from Finland worth US$ 269 million, with a partner share of 8.01 percent.
  5. Latvia imports from Sweden worth US$ 215 million, with a partner share of 6.38 percent.

Latvia Top 5 Productsexports imports at HS 6 digit level 2002

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 264,761.87 (US$ Thousands).
  2. Latvia exported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth 90,354.55 (US$ Thousands).
  3. Latvia exported Aluminium unwrought, alloyed , worth 67,459.60 (US$ Thousands).
  4. Latvia exported Plywood with >=1 outer ply of non-coniferous wo , worth 57,140.87 (US$ Thousands).
  5. Latvia exported Wood, nes sawn or chipped lengthwise, sliced or , worth 52,531.01 (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 158,525.90 (US$ Thousands).
  2. Latvia imported Other medicaments of mixed or unmixed products, , worth 116,499.28 (US$ Thousands).
  3. Latvia imported Natural gas in gaseous state , worth 81,830.84 (US$ Thousands).
  4. Latvia imported Automobiles with reciprocating piston engine di , worth 63,069.90 (US$ Thousands).
  5. Latvia imported Electrical energy , worth 46,316.78 (US$ Thousands).

Exports and Imports of Product Groups 2002

Exports and imports of products by stages of processing in 2002 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2002

Tariffs imposed by Latvia in 2002 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 2002

Key Development Indicators of Latvia in 2002 are below

  • Latvia GDP in current US dollar was 9,557 million.
  • GNI per capita, Atlas method (current US$) was 3,940.00 .
  • Latvia Trade balance: as % of GDP was -10.13.
  • Trade balance in current US$ was -968.00 million.
  • Trade as percentage of GDP was 83.21 .
  • Trade in services as percentage of GDP was 18.90 .

Trade Indicators 2002

Trade Indicators for Latvia in 2002 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 3.34.
  • World Growth in percentage was 3.38 and Latvia Country Growth was 1.76 .