Latvia Trade Summary

2016 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): 11,607
No. Of products: 3,722
No. Of partners: 198
Importsmore »
Imports (in US$ Mil): 13,737
No. Of products: 4,271
No. Of partners: 149

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Coniferous wood sawn ...590,011.10
Spelt, common wheat ...390,569.34
Other medicaments of ...356,496.66
Transmission apparat ...336,174.13
Petroleum oils, etc, ...300,865.41
Imports (US$ Thousands)
Petroleum oils, etc, ...802,198.40
Other medicaments of ...441,320.57
Transmission apparat ...391,260.27
Natural gas in gaseo ...263,495.27
Television receivers ...258,118.64

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Lithuania2,230 19.21
Estonia1,380 11.89
Russian Federation878 7.57
Germany819 7.06
Sweden688 5.93
Exporter Trade (US$ Mil) Partner share(%)
Lithuania2,416 17.59
Germany1,614 11.75
Poland1,454 10.59
Estonia1,183 8.61
Russian Federation1,095 7.97

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials1,789 15.41 1,067 7.77 ...
Intermediate goods2,669 23.00 2,478 18.04 ...
Consumer goods4,489 38.67 6,266 45.62 ...
Capital goods2,248 19.36 3,187 23.20 ...

Trade Indicators

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HH Market concentration index: 0.07
Index of export market penetration: 5.67
World Growth: -1.24
Country Growth: 3.91

Tariffs

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No Of Tariff Agreement: ...
Maximum Rate (%): ...
Simple Average (%): ...
Weighted Average (%): ...
Duty Free Imports (US$ Thousand): ...
Duty Free Tariff Lines Share (%): ...

Development Indicators

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GDP (current US$): 27,734
GNI per capita, Atlas method (current US$): 14,600.00
Trade Balance (% of GDP): 0.98
Trade Balance (current US$ Mil): 272.00
Trade in services (% of GDP): 28.20
Trade (% of GDP): 119.82