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Latvia – Trade Statistics

  • The most exported products from the Latvia are Refined petroleum($1.22B), Sawn wood($731M), Crude petroleum($644M), Hard liquor($556M), Broadcasting equipment($394M), Packaged medicaments($349M), Wheat($333M), Rough wood($282M), etc. The net export value is $14.3B.
  • The top export destinations of Latvia are Lithunia($2.31B), Russia($1.31B), Estonia($938M), Belarus($855M), Germany($851M), Sweden($816M), Spain($748M), United Kingdom($704M), Poland($595M), Netherlands($544M), Denmark($524M), etc.
  • The common imported products into the Latvia are Refined petroleum($2B), Broadcasting equipment($666M), Petroleum gas($601M), Cars($600M), Packaged madicaments($520M), etc. The net import value is $17.2B.
  • The top import origins of Latvia are Lithunia($2.69B), Russia($2.02B), Poland($1.74B), Germany($1.71B), Estonia($1.17B), Finland($971M), Netherlands($572M), Italy($541M), Belarus($501M), etc.
  • Latvia holds a place of 22nd out of 189 popular countries(economically) in case of doing a business in country.’Getting Credit’ is one of the topics in which Latvia has increased it’s ranking from 17 to 19(still a better one in Latvia). But the country has increased it’s ranking from 24 to 30 in case of ‘Dealing with Construction Permits’.