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): 5,113
No. Of products: 3,439
No. Of partners: 158
Importsmore »
Imports (in US$ Mil): 8,615
No. Of products: 4,487
No. Of partners: 131

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Coniferous wood sawn ...482,744.73
Petroleum oils, etc, ...377,233.82
Bars&rods,i/nas,hr,h ...247,376.58
Plywood with >=1 out ...117,381.99
Other medicaments of ...110,165.87
Imports (US$ Thousands)
Petroleum oils, etc, ...977,313.38
Other medicaments of ...224,401.05
Automobiles with rec ...201,745.92
Natural gas in gaseo ...150,457.04
Transmission apparat ...100,522.47

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Lithuania563 11.00
Estonia553 10.81
Germany524 10.25
United Kingdom516 10.10
Russian Federation404 7.91
Exporter Trade (US$ Mil) Partner share(%)
Germany1,202 13.95
Lithuania1,178 13.67
Russian Federation733 8.50
Estonia679 7.88
Poland549 6.37

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials628 12.28 516 5.99 3.69
Intermediate goods1,631 31.91 1,633 18.96 0.80
Consumer goods2,117 41.40 4,212 48.89 1.64
Capital goods555 10.86 1,990 23.10 0.81

Trade Indicators

more »
HH Market concentration index: 0.09
Index of export market penetration: 3.63
World Growth: 6.13
Country Growth: 8.72

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

more »
GDP (current US$): 17,003
GNI per capita, Atlas method (current US$): 7,390.00
Trade Balance (% of GDP): -14.30
Trade Balance (current US$ Mil): -2,431.00
Trade in services (% of GDP): 23.93
Trade (% of GDP): 100.24