Latvia is also recognized as the Republic of Latvia. The country is situated in the Baltic region of northern Europe. Latvia shares its borders with a number of countries such as Belarus, Estonia, Lithuania, and Russia. The four biggest ports of Latvia are Ventspils, Skulte, Riga, and Liepaja. Latvia import data reveals that imports in Latvia were worth USD 19.3 billion for goods in the year 2020. The country stands at 34th rank in the world with regard to the complexity index. Whereas, in terms of GDP, the country stood at the 99th position.
As per Latvia import data, the country stood at the 75th position out of 226 countries in total imports in the year 2020. Significant imports of Latvia as recorded in Latvia trade data are refined oil ($1.75B), broadcasting equipment ($740M), packed medicaments ($641M), liquor ($490M), and four-wheelers, especially cars ($450M).
The population of Latvia as of the year 2020 was approximately 19 lakhs. Significant import accomplices of Latvia as unveiled by Latvia trade data are Lithuania ($3 billion), Russia ($2.80 billion) trailed by Germany ($1.65 billion), and Poland ($1.66 billion). Estonia is also one of the biggest import partners of Latvia as mentioned in Latvia shipment data.
Latvia import data and Latvia trade data information that we provide to you is very useful and informative. Our data is totally based on updated and fresh shipping bills, invoices, and other important documentation needed for trading. The information and database we provide to you will surely help you with making perfect decisions with respect to selecting the potential market to measure profits and market risks. We collect reliable information from Latvia’s authorized ports, institutions, and other shipping companies. A variety of fields that are included in Latvia trade data are HS codes, and product descriptions including the quantity, units, and price of each product being shipped.
For your convenience and better understanding, we have enclosed a sample featuring statistical Latvia import data so that you can experience what the statistical Latvia import data with complete details looks like.
LATVIA IMPORT DATA | |||
YEAR | 2022 | MONTH | JULY |
---|---|---|---|
TRADE TYPE | EXTRA EU TRADE | REGIME | INWARD PROCESSING TRADE |
HS CODE | 87032490 | ||
PRODUCT DESCRIPTION | MOTOR CARS AND OTHER MOTOR VEHICLES PRINCIPALLY DESIGNED FOR THE TRANSPORT OF <10 PERSONS, INCL. STATION WAGONS AND RACING CARS, WITH ONLY SPARK-IGNITION INTERNAL COMBUSTION RECIPROCATING PISTON ENGINE OF A CYLINDER CAPACITY > 3.000 CM³, USED (EXCL. VEHICLES FOR TRAVELLING ON SNOW AND OTHER SPECIALLY DESIGNED VEHICLES OF SUBHEADING 870310) | ||
QUANTITY | 2 | UNIT | NOS |
TOTAL VALUE IN EURO | 111942 | TOTAL VALUE IN USD | 109973 |
ORIGIN COUNTRY | UNITED STATES | DESTINATION COUNTRY | LATVIA |
Latvia import data extracted from reliable authorities of latvia is a type of statistical data that comes with an ample amount of information. You get to know everything starting with the HS codes, and the description of each HS code to the quantity and price of each product from this Latvia statistical import data. We provide reliable and accurate Latvia Shipment data to you which we gather from trusted sources like from country’s authorized ports, government bodies, and other trusted institutions and authorities.
To conclude It is clearly visible that Latvia is a developed nation and offers various opportunities to the marketers who get associated with it. Being a marketer, if you deal in refined petroleum, mobile devices, or packed medicines, then Latvian market is the idle market for you to start with.