Latvia Trade Summary

2012 Data

Latvia exports, imports, tariff by year.
Latvia monthly trade data
Latvia quarterly trade data

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): 12,686
No. Of products: 3,580
No. Of partners: 191
Importsmore »
Imports (in US$ Mil): 16,082
No. Of products: 4,307
No. Of partners: 140

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils, etc, ...663,192.31
Bars&rods,i/nas,hr,h ...540,178.96
Coniferous wood sawn ...481,018.65
Spelt, common wheat ...459,375.10
Other medicaments of ...280,310.03
Imports (US$ Thousands)
Petroleum oils, etc, ...1,735,205.52
Natural gas in gaseo ...600,691.98
Other medicaments of ...355,191.19
Ferrous waste and sc ...354,319.71
Television receivers ...242,416.91

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Lithuania2,029 16.00
Estonia1,654 13.04
Russian Federation1,446 11.40
Germany1,005 7.93
Poland763 6.01
Exporter Trade (US$ Mil) Partner share(%)
Lithuania3,195 19.86
Germany1,856 11.54
Russian Federation1,513 9.41
Poland1,384 8.61
Estonia1,245 7.74

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials2,187 17.24 1,469 9.13 0.69
Intermediate goods3,138 24.74 2,762 17.17 1.35
Consumer goods4,789 37.75 7,310 45.46 0.94
Capital goods1,822 14.36 3,175 19.74 0.28

Trade Indicators

more »
HH Market concentration index: 0.06
Index of export market penetration: 4.78
World Growth: 0.17
Country Growth: -1.85

Tariffs

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No Of Tariff Agreement: ...
Maximum Rate (%): 164.87
Simple Average (%): 2.17
Weighted Average (%): 0.93
Duty Free Imports (US$ Thousand): 2,972,054.49
Duty Free Tariff Lines Share (%): 58.47

Development Indicators

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GDP (current US$): 28,170
GNI per capita, Atlas method (current US$): 13,800.00
Trade Balance (% of GDP): -5.34
Trade Balance (current US$ Mil): -1,505.00
Trade in services (% of GDP): 26.84
Trade (% of GDP): 128.23