Latvia Trade Summary

2014 Data

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

Country / 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

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 13,783
No. Of products: 3,624
No. Of partners: 198
Importsmore »
Imports (in US$ Mil): 17,128
No. Of products: 4,297
No. Of partners: 146

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils, etc, ...693,589.40
Transmission apparat ...631,416.81
Coniferous wood sawn ...625,510.77
Spelt, common wheat ...356,905.49
Other medicaments of ...318,391.43
Imports (US$ Thousands)
Petroleum oils, etc, ...1,567,531.62
Transmission apparat ...658,012.85
Natural gas in gaseo ...489,771.31
Other medicaments of ...427,666.15
Electrical energy355,172.10

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Lithuania2,734 19.84
Estonia1,606 11.65
Russian Federation1,457 10.57
Germany932 6.76
Poland881 6.39
Exporter Trade (US$ Mil) Partner share(%)
Lithuania2,957 17.26
Germany1,913 11.17
Poland1,905 11.12
Estonia1,541 9.00
Russian Federation1,440 8.41

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials2,091 15.17 1,332 7.78 0.96
Intermediate goods3,121 22.64 3,099 18.09 2.25
Consumer goods5,352 38.83 7,970 46.53 1.70
Capital goods2,403 17.43 3,388 19.78 0.69

Trade Indicators

more »
HH Market concentration index: 0.06
Index of export market penetration: 5.22
World Growth: 0.08
Country Growth: 5.32

Tariffs

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No Of Tariff Agreement: ...
Maximum Rate (%): 190.22
Simple Average (%): 2.91
Weighted Average (%): 1.65
Duty Free Imports (US$ Thousand): 2,073,248.19
Duty Free Tariff Lines Share (%): 46.14

Development Indicators

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GDP (current US$): 31,387
GNI per capita, Atlas method (current US$): 15,340.00
Trade Balance (% of GDP): -2.92
Trade Balance (current US$ Mil): -917.00
Trade in services (% of GDP): 26.49
Trade (% of GDP): 125.23