Latvia Trade Summary

2018 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): 15,033
No. Of products: 3,741
No. Of partners: 202
Importsmore »
Imports (in US$ Mil): 18,613
No. Of products: 4,220
No. Of partners: 146

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Transmission apparat ...754,366.25
Coniferous wood sawn ...749,369.48
Other medicaments of ...440,590.86
Turbo-jets of a thru ...399,214.74
Spelt, common wheat ...330,785.99
Imports (US$ Thousands)
Petroleum oils, etc, ...1,037,896.15
Transmission apparat ...675,986.69
Other medicaments of ...523,075.69
Turbo-jets of a thru ...498,402.53
Aircraft nes of an u ...489,047.06

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Lithuania2,575 17.13
Estonia1,658 11.03
Russian Federation1,339 8.91
Sweden1,075 7.15
Germany1,030 6.85
Exporter Trade (US$ Mil) Partner share(%)
Lithuania3,238 17.40
Germany1,954 10.50
Poland1,644 8.83
Estonia1,596 8.58
Russian Federation1,558 8.37

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials2,341 15.57 1,483 7.96 ...
Intermediate goods3,728 24.80 3,452 18.55 ...
Consumer goods5,292 35.20 7,828 42.05 ...
Capital goods3,344 22.25 5,050 27.13 ...

Trade Indicators

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HH Market concentration index: 0.05
Index of export market penetration: 6.25
World Growth: 3.50
Country Growth: 10.94

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$): 34,409
GNI per capita, Atlas method (current US$): 16,510.00
Trade Balance (% of GDP): -0.19
Trade Balance (current US$ Mil): -64.00
Trade in services (% of GDP): 28.24
Trade (% of GDP): 122.79