Loading..

Latvia Trade Summary

2009

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 2009

Overall Exports and Imports for Latvia 2009

Exports and imports of Latvia in 2009 are below, along with number of countries and products

  • The total value of exports (FoB) was 7,149 million.
  • The total value of imports (CIF) was 9,346 million.
  • At the HS6 digit level, 3,528 products were exported to 178 countries and 4,203 products were imported from 126 countries.

Latvia top 5 Export and Import partners 2009

Top five countries to which Latvia exported in 2009 are below, along with the percent of total exports that went to that country:

  1. Latvia exports to Lithuania worth US$ 1,172 million, with a partner share of 16.39 percent.
  2. Latvia exports to Estonia worth US$ 1,029 million, with a partner share of 14.39 percent.
  3. Latvia exports to Russian Federation worth US$ 628 million, with a partner share of 8.78 percent.
  4. Latvia exports to Germany worth US$ 623 million, with a partner share of 8.72 percent.
  5. Latvia exports to Sweden worth US$ 436 million, with a partner share of 6.09 percent.

Top five countries from which Latvia imported goods in 2009 are below, along with percent of total imports that came from the country :

  1. Latvia imports from Lithuania worth US$ 1,589 million, with a partner share of 17.01 percent.
  2. Latvia imports from Germany worth US$ 1,078 million, with a partner share of 11.53 percent.
  3. Latvia imports from Russian Federation worth US$ 1,004 million, with a partner share of 10.74 percent.
  4. Latvia imports from Poland worth US$ 788 million, with a partner share of 8.43 percent.
  5. Latvia imports from Estonia worth US$ 746 million, with a partner share of 7.98 percent.

Latvia Top 5 Productsexports imports at HS 6 digit level 2009

The top five exported HS 6 digit level products to world by Latvia along with trade value are:

  1. Latvia exported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth 323,402.85 (US$ Thousands).
  2. Latvia exported Coniferous wood sawn or chipped lengthwise, sli , worth 306,716.52 (US$ Thousands).
  3. Latvia exported Other medicaments of mixed or unmixed products, , worth 231,027.67 (US$ Thousands).
  4. Latvia exported Spelt, common wheat and meslin , worth 215,310.36 (US$ Thousands).
  5. Latvia exported Petroleum oils, etc, (excl. crude); preparation , worth 174,024.70 (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 785,339.86 (US$ Thousands).
  2. Latvia imported Natural gas in gaseous state , worth 495,446.36 (US$ Thousands).
  3. Latvia imported Other medicaments of mixed or unmixed products, , worth 393,051.94 (US$ Thousands).
  4. Latvia imported Electrical energy , worth 160,880.95 (US$ Thousands).
  5. Latvia imported Television receivers including video monitors a , worth 153,651.72 (US$ Thousands).

Exports and Imports of Product Groups 2009

Exports and imports of products by stages of processing in 2009 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2009

Tariffs imposed by Latvia in 2009 are below

  • The maximum rate of tariff in percentage on any product was 152.55 percent.
  • The simple average tariff across all products was 2.46 percent.
  • The trade weighted average tariff was 0.84 .
  • The total duty free imports in thousands of US dollars were 1,929,153.72 and duty free tariff line items share was 56.80 percent.

Development Indicators 2009

Key Development Indicators of Latvia in 2009 are below

  • Latvia GDP in current US dollar was 26,411 million.
  • GNI per capita, Atlas method (current US$) was 14,120.00 .
  • Latvia Trade balance: as % of GDP was -1.98.
  • Trade balance in current US$ was -524.00 million.
  • Trade as percentage of GDP was 86.41 .
  • Trade in services as percentage of GDP was 25.73 .

Trade Indicators 2009

Trade Indicators for Latvia in 2009 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 4.24.
  • World Growth in percentage was -12.19 and Latvia Country Growth was -14.98 .