Latvia trade statistics

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Exports, Imports, Products, Tariffs, GDP and related Development Indicator.

       

Country ISO3 : LVA Country Code : 428 Income Group : High income Lending Category : Region : Europe & Central Asia Currency Unit : Euro WTO Member : Yes

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Product Exports and Imports

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Latvia had a total export of 20,539,978.43 in thousands of US$ and total imports of 24,546,413.13 in thousands of US$ leading to a negative trade balance of -4,006,434.69 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Latvia is 1.52% and the Most Favored Nation (MFN) Weighted Average tariff is 3.37%.The trade growth is -6.12% compared to a world growth of -3.13%. GDP of Latvia is 42,572,151,720.14 in current US$. Latvia services export is 8,124,140,024.06 in BoP, current US$ and services import is 5,755,842,663.08 in Bop, current US$.Latvia exports of goods and services as percentage of GDP is 66.46% and imports of goods and services as percentage of GDP is 70.17%.

Latvia Country Growth v/s World Growth v/s GDP Growth
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