Latvia Trade Summary

2017 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): 13,190
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 1.98
Intermediate goods3,072 23.29 2,877 17.92 2.39
Consumer goods4,957 37.58 7,108 44.28 1.67
Capital goods2,743 20.80 4,072 25.37 0.90

Trade Indicators

more »
HH Market concentration index: 0.06
Index of export market penetration: 6.00
World Growth: 5.56
Country Growth: 4.99

Tariffs

more »
No Of Tariff Agreement: ...
Maximum Rate (%): 275.99
Simple Average (%): 2.73
Weighted Average (%): 1.65
Duty Free Imports (US$ Thousand): 1,872,815.88
Duty Free Tariff Lines Share (%): 47.25

Development Indicators

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GDP (current US$): 30,484
GNI per capita, Atlas method (current US$): 14,870.00
Trade Balance (% of GDP): -0.63
Trade Balance (current US$ Mil): -192.00
Trade in services (% of GDP): 28.67
Trade (% of GDP): 123.81