Latvia Trade Indicators

2020
Country / Region
Year
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.
Number of Import Partners: 160
Number of Products Imported: 4,225
Index Of Export Market Penetration: 6.56
Number of Export Partners: 196
Number of Products Exported: 3,685
HH Market Concentration Index: 0.06
Import value index (2000 = 100): 125.29
Import volume index (2000 = 100): 119.23
Goods imports (BoP, current US$): 17,156,059,721.32
Trade (% of GDP): 118.83
Net trade in goods (BoP, current US$): -1,757,749,742.26
Export value index (2000 = 100): 132.96
Export volume index (2000 = 100): 121.88
Goods exports (BoP, current US$): 15,396,105,905.22
Merchandise trade (% of GDP): 100.51
Net barter terms of trade index (2000 = 100): 103.82
Service imports (BoP, current US$): 3,323,115,507.71
Imports of goods and services (% of GDP): 58.93
Imports of goods and services (annual % growth): -0.33
Imports of goods and services (BoP, current US$): 20,426,964,187.92
Imports of goods and services (constant 2010 US$): 20,756,659,535.06
Imports of goods and services (current US$): 20,391,400,978.24
Imports of goods, services and primary income (BoP, current US$): 21,958,889,212.43
International tourism, expenditures (% of total imports): ...
Commercial service imports (current US$): 3,305,953,388.98
Transport services (% of commercial service imports): 25.25
Insurance and financial services (% of commercial service imports): 5.46
Travel services (% of commercial service imports): 16.73
Travel services (% of service imports, BoP): 16.64
Transport services (% of service imports, BoP): 25.12
ICT service exports (BoP, current US$): 973,953,514.05
Computer, communications and other services (% of commercial service exports): 52.91
Energy imports, net (% of energy use): ...
Trade in services (% of GDP): 25.60
High-technology exports (current US$): 1,837,827,445.00
ICT goods exports (% of total goods exports): 10.94
Merchandise imports (current US$): 18,441,000,000.00
Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports): 16.47
Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports): 10.56
Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports): 0.05
Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports): 0.03
Merchandise imports by the reporting economy (current US$): 18,414,676,747.00
Service exports (BoP, current US$): 5,535,828,513.93
Exports of goods and services (% of GDP): 59.90
Exports of goods and services (annual % growth): -0.34
Exports of goods and services (BoP, current US$): 20,767,851,620.98
Exports of goods and services (constant 2010 US$): 19,308,610,961.74
Exports of goods and services (current US$): 20,726,215,208.05
Exports of goods, services and primary income (BoP, current US$): 22,307,574,569.24
International tourism, receipts (% of total exports): ...
Commercial service exports (current US$): 5,496,870,895.86
Transport services (% of commercial service exports): 29.42
Insurance and financial services (% of commercial service exports): 3.09
Travel services (% of commercial service exports): 14.58
Travel services (% of service exports, BoP): 14.48
Transport services (% of service exports, BoP): 29.21
ICT service exports (% of service exports, BoP): 17.59
Communications, computer, etc. (% of service imports, BoP): 51.30
Net trade in goods and services (BoP, current US$): 452,759,190.12
Computer, communications and other services (% of commercial service imports): 52.56
High-technology exports (% of manufactured exports): 20.04
ICT goods imports (% total goods imports): 10.80
Merchandise imports from high-income economies (% of total merchandise imports): 83.53
Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports): 5.23
Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports): 0.20
Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports): 0.41
Merchandise imports by the reporting economy, residual (% of total merchandise imports): 0.00
Merchandise imports from low- and middle-income economies within region (% of total merchandise imports): ...
Taxes on exports (% of tax revenue): ...
Taxes on goods and services (% of revenue): 43.09
Taxes on goods and services (current LCU): 5,785,002,646.54
Taxes on international trade (current LCU): -611,834.88
Taxes on exports (current LCU): ...
Taxes on goods and services (% value added of industry and services): 23.03
Taxes on international trade (% of revenue): -0.00
Customs and other import duties (% of tax revenue): -0.01
GDP (constant 2010 US$): 30,077,290,109.20
GDP (current US$): 34,601,740,323.34
GDP growth (annual %): -2.20
GDP per capita (constant 2010 US$): 15,826.41
GDP per capita (current US$): 18,207.14
GDP per capita growth (annual %): -1.51
GDP per capita, PPP (constant 2011 international $): 30,568.50
GDP per capita, PPP (current international $): 33,018.62
GDP, PPP (constant 2011 international $): 58,093,878,707.02
GDP, PPP (current international $): 62,750,211,279.86
GNI (constant 2010 US$): 30,069,665,034.22
GNI (current US$): 34,593,491,383.04
GNI growth (annual %): -0.72
GNI per capita (constant 2010 US$): 15,822.40
GNI per capita, Atlas method (current US$): 18,240.00
GNI per capita growth (annual %): -0.02
GNI per capita, PPP (constant 2011 international $): 30,562.46
GNI per capita, PPP (current international $): 33,010.00
GNI, PPP (constant 2011 international $): 58,082,401,869.19
GNI, PPP (current international $): 62,735,251,837.31