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Latvia Trade Summary

2003

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 2003

Overall Exports and Imports for Latvia 2003

Exports and imports of Latvia in 2003 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,894 million.
  • The total value of imports (CIF) was 5,244 million.
  • At the HS6 digit level, 3,326 products were exported to 153 countries and 4,431 products were imported from 131 countries.

Latvia top 5 Export and Import partners 2003

Top five countries to which Latvia exported in 2003 are below, along with the percent of total exports that went to that country:

  1. Latvia exports to United Kingdom worth US$ 450 million, with a partner share of 15.55 percent.
  2. Latvia exports to Germany worth US$ 429 million, with a partner share of 14.82 percent.
  3. Latvia exports to Sweden worth US$ 305 million, with a partner share of 10.55 percent.
  4. Latvia exports to Lithuania worth US$ 237 million, with a partner share of 8.20 percent.
  5. Latvia exports to Estonia worth US$ 190 million, with a partner share of 6.58 percent.

Top five countries from which Latvia imported goods in 2003 are below, along with percent of total imports that came from the country :

  1. Latvia imports from Germany worth US$ 842 million, with a partner share of 16.06 percent.
  2. Latvia imports from Lithuania worth US$ 508 million, with a partner share of 9.69 percent.
  3. Latvia imports from Russian Federation worth US$ 455 million, with a partner share of 8.69 percent.
  4. Latvia imports from Finland worth US$ 387 million, with a partner share of 7.39 percent.
  5. Latvia imports from Estonia worth US$ 336 million, with a partner share of 6.42 percent.

Latvia Top 5 Productsexports imports at HS 6 digit level 2003

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 US$ 431,001.17 million.
  2. Latvia exported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth US$ 147,810.77 million.
  3. Latvia exported Wood, nes sawn or chipped lengthwise, sliced or , worth US$ 83,061.89 million.
  4. Latvia exported Plywood with >=1 outer ply of non-coniferous wo , worth US$ 81,981.06 million.
  5. Latvia exported Other medicaments of mixed or unmixed products, , worth US$ 77,245.98 million.

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 US$ 257,181.83 million.
  2. Latvia imported Other medicaments of mixed or unmixed products, , worth US$ 173,855.60 million.
  3. Latvia imported Natural gas in gaseous state , worth US$ 137,814.11 million.
  4. Latvia imported Automobiles with reciprocating piston engine di , worth US$ 97,431.52 million.
  5. Latvia imported Electrical energy , worth US$ 58,682.17 million.

Exports and Imports of Product Groups 2003

Exports and imports of products by stages of processing in 2003 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2003

Tariffs imposed by Latvia in 2003 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 2003

Key Development Indicators of Latvia in 2003 are below

  • Latvia GDP in current US dollar was 11,749 million.
  • GNI per capita, Atlas method (current US$) was 4,670.00 .
  • Latvia Trade balance: as % of GDP was -12.54.
  • Trade balance in current US$ was -1,474.00 million.
  • Trade as percentage of GDP was 84.77 .
  • Trade in services as percentage of GDP was 22.17 .

Trade Indicators 2003

Trade Indicators for Latvia in 2003 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 3.43.
  • World Growth in percentage was 8.06 and Latvia Country Growth was 11.72 .