Latvia Trade Summary

2015 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): 11,650
No. Of products: 3,626
No. Of partners: 195
Importsmore »
Imports (in US$ Mil): 14,096
No. Of products: 4,264
No. Of partners: 139

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Coniferous wood sawn ...540,912.57
Petroleum oils, etc, ...497,145.00
Transmission apparat ...482,077.30
Spelt, common wheat ...375,264.63
Other medicaments of ...285,056.43
Imports (US$ Thousands)
Petroleum oils, etc, ...1,108,690.16
Transmission apparat ...489,555.87
Other medicaments of ...380,290.10
Natural gas in gaseo ...344,483.75
Electrical energy247,463.83

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Lithuania2,366 20.31
Estonia1,336 11.47
Russian Federation928 7.97
Germany731 6.27
Poland683 5.86
Exporter Trade (US$ Mil) Partner share(%)
Lithuania2,409 17.09
Germany1,558 11.05
Poland1,529 10.85
Russian Federation1,255 8.91
Estonia1,209 8.58

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials1,831 15.71 1,055 7.49 0.83
Intermediate goods2,693 23.11 2,611 18.53 2.44
Consumer goods4,355 37.38 6,302 44.71 1.69
Capital goods2,338 20.07 3,351 23.77 0.69

Trade Indicators

more »
HH Market concentration index: 0.07
Index of export market penetration: 5.25
World Growth: -6.31
Country Growth: -10.32

Tariffs

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No Of Tariff Agreement: ...
Maximum Rate (%): 201.65
Simple Average (%): 2.86
Weighted Average (%): 1.69
Duty Free Imports (US$ Thousand): 2,087,643.44
Duty Free Tariff Lines Share (%): 47.22

Development Indicators

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GDP (current US$): 27,263
GNI per capita, Atlas method (current US$): 15,110.00
Trade Balance (% of GDP): -1.70
Trade Balance (current US$ Mil): -464.00
Trade in services (% of GDP): 27.39
Trade (% of GDP): 122.25