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): 12,998
No. Of products: 3,753
No. Of partners: 198
Importsmore »
Imports (in US$ Mil): 15,848
No. Of products: 4,244
No. Of partners: 151

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Transmission apparat ...703,051.00
Coniferous wood sawn ...636,592.95
Spelt, common wheat ...420,917.06
Other medicaments of ...395,565.01
Petroleum oils, etc, ...273,168.79
Imports (US$ Thousands)
Petroleum oils, etc, ...915,963.10
Transmission apparat ...655,904.42
Other medicaments of ...473,908.25
Natural gas in gaseo ...379,586.94
Aircraft nes of an u ...363,314.20

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Lithuania2,159 16.61
Estonia1,514 11.65
Russian Federation1,185 9.12
Germany950 7.31
Sweden799 6.15
Exporter Trade (US$ Mil) Partner share(%)
Lithuania2,945 18.58
Germany1,796 11.33
Poland1,441 9.09
Estonia1,220 7.70
Russian Federation1,181 7.45

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials2,047 15.75 1,192 7.52 ...
Intermediate goods2,897 22.29 2,709 17.09 ...
Consumer goods4,934 37.96 7,072 44.62 ...
Capital goods2,728 20.99 3,732 23.55 ...

Trade Indicators

more »
HH Market concentration index: 0.06
Index of export market penetration: 5.54
World Growth: 1.50
Country Growth: 4.43

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$): 30,264
GNI per capita, Atlas method (current US$): 14,740.00
Trade Balance (% of GDP): -1.33
Trade Balance (current US$ Mil): -402.00
Trade in services (% of GDP): 28.17
Trade (% of GDP): 122.26