Latvia Trade Summary

2016 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): 11,433
No. Of products: 3,700
No. Of partners: 194
Importsmore »
Imports (in US$ Mil): 13,596
No. Of products: 4,264
No. Of partners: 150

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Coniferous wood sawn ...569,972.96
Spelt, common wheat ...381,043.71
Other medicaments of ...352,340.26
Transmission apparat ...322,477.10
Petroleum oils, etc, ...293,751.77
Imports (US$ Thousands)
Petroleum oils, etc, ...799,207.37
Other medicaments of ...436,800.71
Transmission apparat ...374,293.30
Natural gas in gaseo ...263,706.75
Television receivers ...246,727.31

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Lithuania2,088 18.26
Estonia1,385 12.11
Russian Federation871 7.62
Germany827 7.23
Sweden688 6.02
Exporter Trade (US$ Mil) Partner share(%)
Lithuania2,384 17.53
Germany1,614 11.87
Poland1,462 10.76
Estonia1,082 7.96
Russian Federation1,051 7.73

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials1,748 15.29 1,003 7.38 ...
Intermediate goods2,440 21.34 2,220 16.33 ...
Consumer goods4,328 37.86 6,085 44.76 ...
Capital goods2,132 18.64 2,958 21.76 ...

Trade Indicators

more »
HH Market concentration index: 0.08
Index of export market penetration: 5.20
World Growth: -4.43
Country Growth: -0.67

Tariffs

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

Development Indicators

more »
GDP (current US$): 27,677
GNI per capita, Atlas method (current US$): 14,630.00
Trade Balance (% of GDP): 0.55
Trade Balance (current US$ Mil): 151.00
Trade in services (% of GDP): 26.41
Trade (% of GDP): 115.43