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Latvia Trade Summary

2013

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

Country and 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


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TRADE SUMMARY FOR LATVIA 2013

Overall Exports and Imports for Latvia 2013

Exports and imports of Latvia in 2013 are below, along with number of countries and products

  • The total value of exports (FoB) was 13,325 million.
  • The total value of imports (CIF) was 16,779 million.
  • At the HS6 digit level, 3,622 products were exported to 195 countries and 4,279 products were imported from 138 countries.

Latvia top 5 Export and Import partners 2013

Top five countries to which Latvia exported in 2013 are below, along with the percent of total exports that went to that country:

  1. Latvia exports to Lithuania worth US$ 2,292 million, with a partner share of 17.20 percent.
  2. Latvia exports to Estonia worth US$ 1,693 million, with a partner share of 12.71 percent.
  3. Latvia exports to Russian Federation worth US$ 1,551 million, with a partner share of 11.64 percent.
  4. Latvia exports to Germany worth US$ 987 million, with a partner share of 7.41 percent.
  5. Latvia exports to Poland worth US$ 894 million, with a partner share of 6.71 percent.

Top five countries from which Latvia imported goods in 2013 are below, along with percent of total imports that came from the country :

  1. Latvia imports from Lithuania worth US$ 3,417 million, with a partner share of 20.36 percent.
  2. Latvia imports from Germany worth US$ 1,944 million, with a partner share of 11.59 percent.
  3. Latvia imports from Poland worth US$ 1,655 million, with a partner share of 9.86 percent.
  4. Latvia imports from Russian Federation worth US$ 1,405 million, with a partner share of 8.37 percent.
  5. Latvia imports from Estonia worth US$ 1,370 million, with a partner share of 8.16 percent.

Latvia Top 5 Productsexports imports at HS 6 digit level 2013

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

  1. Latvia exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 708,498.83 million.
  2. Latvia exported Coniferous wood sawn or chipped lengthwise, sli , worth US$ 542,545.01 million.
  3. Latvia exported Transmission apparatus, for radioteleph incorpo , worth US$ 420,380.28 million.
  4. Latvia exported Spelt, common wheat and meslin , worth US$ 340,204.77 million.
  5. Latvia exported Other medicaments of mixed or unmixed products, , worth US$ 306,907.77 million.

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 US$ 1,713,302.28 million.
  2. Latvia imported Natural gas in gaseous state , worth US$ 629,189.05 million.
  3. Latvia imported Other medicaments of mixed or unmixed products, , worth US$ 418,460.42 million.
  4. Latvia imported Transmission apparatus, for radioteleph incorpo , worth US$ 412,174.17 million.
  5. Latvia imported Television receivers including video monitors a , worth US$ 209,100.14 million.

Exports and Imports of Product Groups 2013

Exports and imports of products by stages of processing in 2013 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2013

Tariffs imposed by Latvia in 2013 are below

  • The maximum rate of tariff in percentage on any product was 196.95 percent.
  • The simple average tariff across all products was 2.21 percent.
  • The trade weighted average tariff was 0.97 .
  • The total duty free imports in thousands of US dollars were 2,743,703.40 and duty free tariff line items share was 58.04 percent.

Development Indicators 2013

Key Development Indicators of Latvia in 2013 are below

  • Latvia GDP in current US dollar was 30,437 million.
  • GNI per capita, Atlas method (current US$) was 14,970.00 .
  • Latvia Trade balance: as % of GDP was -4.33.
  • Trade balance in current US$ was -1,319.00 million.
  • Trade as percentage of GDP was 124.20 .
  • Trade in services as percentage of GDP was 26.20 .

Trade Indicators 2013

Trade Indicators for Latvia in 2013 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 5.03.
  • World Growth in percentage was 1.20 and Latvia Country Growth was 3.23 .