Latvia Trade Summary

2017 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): 13,190
No. Of products: 3,755
No. Of partners: 199
Importsmore »
Imports (in US$ Mil): 16,053
No. Of products: 4,246
No. Of partners: 150

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Transmission apparat ...703,110.88
Coniferous wood sawn ...636,647.17
Spelt, common wheat ...420,952.91
Other medicaments of ...395,598.71
Petroleum oils, etc, ...273,192.06
Imports (US$ Thousands)
Petroleum oils, etc, ...916,087.04
Transmission apparat ...655,993.17
Other medicaments of ...473,972.38
Natural gas in gaseo ...379,638.30
Aircraft nes of an u ...363,363.36

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Lithuania2,313 17.53
Estonia1,525 11.56
Russian Federation1,188 9.01
Germany950 7.20
Sweden799 6.06
Exporter Trade (US$ Mil) Partner share(%)
Lithuania2,975 18.53
Germany1,795 11.18
Poland1,442 8.98
Estonia1,315 8.19
Russian Federation1,239 7.72

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials2,052 15.56 1,198 7.46 ...
Intermediate goods3,072 23.29 2,877 17.92 ...
Consumer goods4,957 37.58 7,108 44.28 ...
Capital goods2,743 20.80 4,072 25.37 ...

Trade Indicators

more »
HH Market concentration index: 0.06
Index of export market penetration: 6.05
World Growth: 5.68
Country Growth: 5.59

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$): 30,198
GNI per capita, Atlas method (current US$): 14,710.00
Trade Balance (% of GDP): 0.16
Trade Balance (current US$ Mil): 47.00
Trade in services (% of GDP): 28.75
Trade (% of GDP): 124.10