Latvia Trade Summary

2004 Data

Latvia exports, imports, tariff by year.

Country / Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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): 3,805
No. Of products: 3,477
No. Of partners: 154
Importsmore »
Imports (in US$ Mil): 6,735
No. Of products: 4,497
No. Of partners: 130

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Coniferous wood sawn ...446,878.98
Bars&rods,i/nas,hr,h ...234,421.36
Petroleum oils, etc, ...130,747.58
Plywood with >=1 out ...98,006.83
Other medicaments of ...95,799.46
Imports (US$ Thousands)
Petroleum oils, etc, ...581,467.17
Other medicaments of ...201,454.41
Automobiles with rec ...140,291.85
Natural gas in gaseo ...126,695.41
Coniferous wood sawn ...92,664.26

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United Kingdom481 12.65
Germany455 11.95
Sweden381 10.02
Lithuania346 9.08
Estonia303 7.95
Exporter Trade (US$ Mil) Partner share(%)
Germany936 13.90
Lithuania820 12.18
Russian Federation588 8.73
Estonia468 6.95
Finland427 6.34

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials440 11.57 394 5.85 1.93
Intermediate goods1,423 37.40 1,443 21.43 0.70
Consumer goods1,465 38.51 3,130 46.47 1.68
Capital goods363 9.55 1,601 23.78 0.55

Trade Indicators

more »
HH Market concentration index: 0.07
Index of export market penetration: 3.61
World Growth: 10.40
Country Growth: 19.64

Tariffs

more »
No Of Tariff Agreement: ...
Maximum Rate (%): 377.20
Simple Average (%): 2.87
Weighted Average (%): 1.22
Duty Free Imports (US$ Thousand): 1,521,937.35
Duty Free Tariff Lines Share (%): 51.55

Development Indicators

more »
GDP (current US$): 14,436
GNI per capita, Atlas method (current US$): 5,830.00
Trade Balance (% of GDP): -15.31
Trade Balance (current US$ Mil): -2,210.00
Trade in services (% of GDP): 22.16
Trade (% of GDP): 93.14