Latvia Trade Summary

2005 Data

Latvia exports, imports, tariff by year.

Country / 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

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 5,303
No. Of products: 3,412
No. Of partners: 157
Importsmore »
Imports (in US$ Mil): 8,770
No. Of products: 4,479
No. Of partners: 129

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Coniferous wood sawn ...496,443.71
Petroleum oils, etc, ...400,087.65
Bars&rods,i/nas,hr,h ...279,877.55
Plywood with >=1 out ...118,345.33
Other medicaments of ...108,734.52
Imports (US$ Thousands)
Petroleum oils, etc, ...1,029,729.66
Other medicaments of ...219,121.55
Automobiles with rec ...201,367.77
Natural gas in gaseo ...151,387.33
Coniferous wood sawn ...102,511.58

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Lithuania558 10.53
Estonia554 10.44
Germany525 9.91
United Kingdom521 9.83
Russian Federation440 8.30
Exporter Trade (US$ Mil) Partner share(%)
Germany1,195 13.62
Lithuania1,181 13.46
Russian Federation781 8.91
Estonia682 7.78
Belarus562 6.41

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials630 11.88 516 5.88 3.69
Intermediate goods1,730 32.63 1,695 19.32 0.80
Consumer goods2,173 40.97 4,275 48.74 1.64
Capital goods571 10.77 1,975 22.52 0.81

Trade Indicators

more »
HH Market concentration index: 0.09
Index of export market penetration: 3.63
World Growth: 6.13
Country Growth: 8.63

Tariffs

more »
No Of Tariff Agreement: ...
Maximum Rate (%): 2,516.08
Simple Average (%): 2.72
Weighted Average (%): 1.46
Duty Free Imports (US$ Thousand): 1,677,891.66
Duty Free Tariff Lines Share (%): 52.75

Development Indicators

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GDP (current US$): 16,959
GNI per capita, Atlas method (current US$): 7,380.00
Trade Balance (% of GDP): -14.33
Trade Balance (current US$ Mil): -2,431.00
Trade in services (% of GDP): 23.99
Trade (% of GDP): 100.50