Loading..

Latvia Trade Summary

2004

Latvia exports, imports, tariff by year.

Country and 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 2004

Overall Exports and Imports for Latvia 2004

Exports and imports of Latvia in 2004 are below, along with number of countries and products

  • The total value of exports (FoB) was 5,664 million.
  • The total value of imports (CIF) was 10,025 million.
  • At the HS6 digit level, 3,477 products were exported to 154 countries and 4,497 products were imported from 130 countries.

Latvia top 5 Export and Import partners 2004

Top five countries to which Latvia exported in 2004 are below, along with the percent of total exports that went to that country:

  1. Latvia exports to United Kingdom worth US$ 717 million, with a partner share of 12.65 percent.
  2. Latvia exports to Germany worth US$ 677 million, with a partner share of 11.95 percent.
  3. Latvia exports to Sweden worth US$ 567 million, with a partner share of 10.02 percent.
  4. Latvia exports to Lithuania worth US$ 514 million, with a partner share of 9.08 percent.
  5. Latvia exports to Estonia worth US$ 450 million, with a partner share of 7.95 percent.

Top five countries from which Latvia imported goods in 2004 are below, along with percent of total imports that came from the country :

  1. Latvia imports from Germany worth US$ 1,393 million, with a partner share of 13.90 percent.
  2. Latvia imports from Lithuania worth US$ 1,221 million, with a partner share of 12.18 percent.
  3. Latvia imports from Russian Federation worth US$ 875 million, with a partner share of 8.73 percent.
  4. Latvia imports from Estonia worth US$ 697 million, with a partner share of 6.95 percent.
  5. Latvia imports from Finland worth US$ 636 million, with a partner share of 6.34 percent.

Latvia Top 5 Productsexports imports at HS 6 digit level 2004

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 665,165.50 (US$ Thousands).
  2. Latvia exported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth 348,928.92 (US$ Thousands).
  3. Latvia exported Petroleum oils, etc, (excl. crude); preparation , worth 194,613.71 (US$ Thousands).
  4. Latvia exported Plywood with >=1 outer ply of non-coniferous wo , worth 145,880.12 (US$ Thousands).
  5. Latvia exported Other medicaments of mixed or unmixed products, , worth 142,594.52 (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 865,495.85 (US$ Thousands).
  2. Latvia imported Other medicaments of mixed or unmixed products, , worth 299,858.64 (US$ Thousands).
  3. Latvia imported Automobiles with reciprocating piston engine di , worth 208,820.07 (US$ Thousands).
  4. Latvia imported Natural gas in gaseous state , worth 188,582.19 (US$ Thousands).
  5. Latvia imported Coniferous wood sawn or chipped lengthwise, sli , worth 137,927.87 (US$ Thousands).

Exports and Imports of Product Groups 2004

Exports and imports of products by stages of processing in 2004 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2004

Tariffs imposed by Latvia in 2004 are below

  • The maximum rate of tariff in percentage on any product was 377.20 percent.
  • The simple average tariff across all products was 2.87 percent.
  • The trade weighted average tariff was 1.22 .
  • The total duty free imports in thousands of US dollars were 1,521,937.35 and duty free tariff line items share was 51.55 percent.

Development Indicators 2004

Key Development Indicators of Latvia in 2004 are below

  • Latvia GDP in current US dollar was 14,436 million.
  • GNI per capita, Atlas method (current US$) was 5,830.00 .
  • Latvia Trade balance: as % of GDP was -15.31.
  • Trade balance in current US$ was -2,210.00 million.
  • Trade as percentage of GDP was 93.14 .
  • Trade in services as percentage of GDP was 22.16 .

Trade Indicators 2004

Trade Indicators for Latvia in 2004 are below

  • Hirschman Herfindahl market concentration index was 0.07.
  • Index of export market penetration was 3.61.
  • World Growth in percentage was 10.40 and Latvia Country Growth was 19.64 .