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Latvia Import Data

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Latvia Import Data

As per Latvia import data, Latvia, a European country imported goods worth USD 18.3 billion in 2020.   Imports of the country reached all time high of 1946.80 EUR million in August 2021.

The Latvia import trade data shows that country ranks 84th in the world during 2020. As per Latvia import custom data the value of merchandise imports to Latvia totalled $ 17.3 billion in 2020. Overall commodity imports to Latvia declined by 2.54% compared to 2019. Merchandise imports reduced by $ 452 million the value of merchandise imports to Latvia was equal to $ 17.7 billion in 2019.

As per the Latvia import statistics data, the major imports were  electrical machinery & equipment, machinery, vehicles, mineral fuels & oils, beverages, spirits & vinegar, plastics & articles, pharma products, wood & articles, iron & steel and articles of iron & steel.

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Why Choose Our Latvia Import Data

Our Latvia shipment data is useful to every business type; start-ups to big corporates and every industry –Logistics and Market Researchers. Here is a short view about our Import data of Latvia:

Data Available Till date

100% Coverage Trade Activity

Monthly Update Time

Sea, Air & Road Shipments Covered

100% Data Authenticity

Data Available on 2, 4, 6 & 8 digit Level HS Code

Historical Data Available Since 2010

Discover High Growth

Discover High Volume

Latvia Import Custom Statistics Data Shows Top 10 Importing Products In 2020 – Analysis By Chapter

  • 11.8% for Chapter 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles value of 2.05 billion US$
  • 9.42% for Chapter 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof value of 1.63 billion US$
  • 6.94% for Chapter 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof value of 1.2 billion US$
  • 6.22% for Chapter 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes value of 1.07 billion US$
  • 4.29% for Chapter 39 - Plastics and articles thereof value of 743 million US$
  • 4.28% for Chapter 30 - Pharmaceutical products value of 741 million US$
  • 4.01% for Chapter 22 - Beverages, spirits and vinegar value of 696 million US$
  • 3.85% for Chapter 44 - Wood and articles of wood; wood charcoal value of 668 million US$
  • 3.34% for Chapter 72 - Iron and steel value of 578 million US$
  • 2.47% for Chapter 73 - Articles of iron or steel value of 429 million US$

Latvia Import Custom Trade Data Shows Top 10
Trading Partners of Latvia

  • Lithuania with a share of 17.9% (3.1 billion US$)
  • Germany with a share of 10.4% (1.8 billion US$)
  • Poland with a share of 10.1% (1.76 billion US$)
  • Estonia with a share of 8.53% (1.47 billion US$)
  • Russia with a share of 6.14% (1.06 billion US$)
  • Netherlands with a share of 4.29% (744 million US$)
  • China with a share of 4.18% (725 million US$)
  • Finland with a share of 3.88% (672 million US$)
  • Italy with a share of 3.45% (598 million US$)
  • Sweden with a share of 3.37% (584 million US$)

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What our Latvia Import Data contains

It is a kind of statistical data, which is useful for primary research on the import activities of the country. The Latvia import trade statistics data is based on Shipping bills, import bills, invoices and other import-export documents. It contains Year, Month, HS Code, Product Description, Quantity, Exporting Country & Values Information. It gives a bird’s eye view of the country’s import business. 

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