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 22,494,202.40 in thousands of US$ and total imports of 27,901,013.03 in thousands of US$ leading to a negative trade balance of -5,406,810.63 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Latvia is 1.37% and the Most Favored Nation (MFN) Weighted Average tariff is 2.64%.The trade growth is 7.15% compared to a world growth of 5.18%. GDP of Latvia is 41,153,912,662.86 in current US$. Latvia services export is 7,587,325,393.87 in BoP, current US$ and services import is 5,143,980,732.64 in Bop, current US$.Latvia exports of goods and services as percentage of GDP is 70.34% and imports of goods and services as percentage of GDP is 76.16%.

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