Latvia is a small, open economy with exports contributing more than half of GDP. WDI Tables. Copyright © Economywatch.com. : Nouriel Roubini, Fool for Gold: Why the Precious Metal Remains a Barbarous Relic: Nouriel Roubini, The G-20 Must Get Its Act Together: Gordon Brown, What Will Make the Great Financial Crisis Look Like Child's Play? Chancellor of the Exchequer of the United Kingdom from 1992 to 2007. Inaugural 'Distinguished Leader in Residence' at New York University. Export data of Latvia is collected from Latvian Customs. GRINDERS AND SANDERS, FOR WORKING IN THE HAND, WITH SELF-CONTAINED ELECTRIC MOTOR, OPERATING WITH AN EXTERNAL SOURCE OF POWER (EXCL. Broadcasting equipment is the 2nd most exported and 3rd most imported product in Latvia. Our data is also collected from other sources such as Port Authorities, Shipping & Logistics Companies, Trade Associations and Government Bodies. There is a growing sense of optimism that Greece and its creditors will strike a deal. Latvia is located in Europe. Latvia, which was occupied and annexed by the U.S.S.R. in June 1940, declared its independence on August 21, 1991. - The Post-IPO Future for Alibaba. The biggest import market is the United Kingdom, with $153 million of Latvia's hard liquor coming from there. And all required information for import-export business is available in Latvia Export Data. Our Latvia export data is based on Shipping Bills, Export Bills, Invoices

All Rights Reserved. With imports of $22 billion exceeding exports of $15.8 billion, Latvia has a negative trade balance of -$6.23 billion. Annual exports amount to $703 million and imports to $689 million. “Doctor Doom”, is chairman of Roubini Global Economics and professor of economics at New York University’s Stern School of Business. Its location makes Latvia the center stage for global trade. Prime Minister of the UK between 2007 and 2010. Almost two-thirds of hard liquor from Latvia is destined for Russia. Australia is emerging as one of the fastest-growing markets. Copyright © 2019 Export Genius. Latvia is a developed country with an advanced, high-income economy and ranks 39th in the Human Development Index. However, its GDP per capita of $17,861 grew by 9.06% over the same period. Date, HS Code, Product Description, Exporter Country, Importer Country, Quantity, Value, etc. The government honoured all obligations of the international creditors and Latvia’s economy got back on the track between 2011 and 2013. Advisor at World Economic Forum. The latest value from 2019 is 59.91 percent. Latvia Economy Overview. : Joseph Stiglitz & Hamid Rashid, What Africa Can Learn from East Asia’s Developmental Success: Joseph E. Stiglitz, Gene Patents Are Sacrificing Human Lives For Profits: Joseph Stiglitz, Europe’s Last Hope – Will Germany Step Up?

Russia is Latvia's biggest import partner, with 62% of the $2.83 billion worth of imported refined petroleum coming from this neighboring country. Latvia, country of northeastern Europe and the middle of the three Baltic states. Being an economy that was driven by spiked demand and consumerism, Latvia faced a shortage of resources for production and thus exports decreased significantly. The United Kingdom is the biggest export market for sawn wood, receiving 38.5% of total exports of $867 million. Latvia's GDP is $34.4 billion, representing a negative growth of -3.5% between 2008 and 2018.

Most women who face economic abuse do not see it as family violence. This year, he was voted as the most influential economist in the world by Forbes magazine. Being a land of abundant timber resources, Latvian trade is dominated by wood products. Is Chinese Push for Innovation Just a New Economic Bubble? However, the Victorian Royal... Chinese e-commerce giant Alibaba has a track record of breaking records. The U.S.S.R. recognized its sovereignty on September 6, and United Nations membership followed shortly CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Lithuania is the top trading partner with $146 million destined for and $179 million originating from this country. Recipient of the Nobel Memorial Prize in Economic Sciences in 2001 & the John Bates Clark Medal in 1979. With imports of $22 billion exceeding exports of $15.8 billion, Latvia has a negative trade balance of -$6.23 billion.

Unemployment decreased to a single-digit number by summer 2014. Latvia also imports energy, primarily in the form of electricity.

Latvia trade statistics which is based on Latvia customs data covers export details of all ICDs, air and sea ports.