Export to Latvia

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FULL NAME: Republic of Latvia
POPULATION: 2.2 million (UN, 2009)
CAPITAL: Riga
MAJOR LANGUAGES: Latvian, Russian
CURRENCY: Lats
TIME ZONE: GMT+2
INTERNET DOMAIN: .lv
INTERNATIONAL DIALLING CODE: + 371
KEY INDUSTRIES
- Buses
- Vans
- Street and railroad cars
- Synthetic fibres
- Agricultural machinery
- Fertilizers
- Washing machines
- Radios
- Electronics
- Pharmaceuticals
- Processed foods
- Textiles
GDP (purchasing power parity):
$32.22 billion (2009 est.)
country comparison to the world: 105
GDP (official exchange rate):
$26.25 billion (2009 est.)
GDP – real growth rate:
-18% (2009 est.)
country comparison to the world: 215
GDP – per capita (PPP):
$14,400 (2009 est.)
country comparison to the world: 80
EXPORTS:
$7.223 billion (2009 est.)
country comparison to the world: 91
$9.634 billion (2008 est.)
EXPORTS – COMMODITIES:
- wood and wood products
- machinery and equipment
- metals
- textiles
- foodstuffs
EXPORTS – PARTNERS:
- Lithuania 15.19%
- Estonia 13.57%
- Russia 13.17%
- Germany 8.13%
- Sweden 5.7% (2009)
IMPORTS:
$8.906 billion (2009 est.)
country comparison to the world: 91
$15.65 billion (2008 est.)
IMPORTS – COMMODITIES:
- Machinery and equipment
- Chemicals
- Fuels
- Vehicles
IMPORTS – PARTNERS:
- Lithuania 16.36%
- Germany 11.34%
- Russia 10.68%
- Poland 8.11%
- Estonia 7.69% (2009)
Source: www.cia.gov
ONLINE SOURCES
Investment & Development Agency of Latvia http://www.liaa.gov.lv/eng/home/about_us/about_us/
Ministry of Economics – http://www.em.gov.lv/
Latvia Tourism Agency – http://www.latvia.travel/en
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