Latvia Trade Summary

2006 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): 5,891
No. Of products: 3,489
No. Of partners: 170
Importsmore »
Imports (in US$ Mil): 11,427
No. Of products: 4,523
No. Of partners: 140

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Coniferous wood sawn ...468,753.79
Bars&rods,i/nas,hr,h ...313,326.84
Petroleum oils, etc, ...228,325.53
Other medicaments of ...153,033.17
Plywood with >=1 out ...136,178.82
Imports (US$ Thousands)
Petroleum oils, etc, ...1,049,316.53
Automobiles with rec ...356,811.11
Other medicaments of ...296,795.28
Natural gas in gaseo ...220,415.47
Automobiles with die ...156,479.91

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Lithuania864 14.67
Estonia750 12.73
Germany594 10.09
Russian Federation522 8.86
United Kingdom460 7.81
Exporter Trade (US$ Mil) Partner share(%)
Germany1,771 15.50
Lithuania1,483 12.98
Russian Federation894 7.82
Estonia885 7.75
Poland823 7.20

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials737 12.50 637 5.58 2.56
Intermediate goods1,885 32.00 2,058 18.01 1.06
Consumer goods2,330 39.55 5,672 49.64 1.50
Capital goods718 12.19 2,688 23.52 1.05

Trade Indicators

more »
HH Market concentration index: 0.10
Index of export market penetration: 3.83
World Growth: 7.66
Country Growth: 9.92

Tariffs

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No Of Tariff Agreement: ...
Maximum Rate (%): 2,454.20
Simple Average (%): 2.79
Weighted Average (%): 1.54
Duty Free Imports (US$ Thousand): 2,072,453.87
Duty Free Tariff Lines Share (%): 51.70

Development Indicators

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GDP (current US$): 21,570
GNI per capita, Atlas method (current US$): 8,930.00
Trade Balance (% of GDP): -20.64
Trade Balance (current US$ Mil): -4,453.00
Trade in services (% of GDP): 23.55
Trade (% of GDP): 100.13