Other Animals in Latvia

EXPORTS (2018): $617k, World Rnk 85 / 158
Flag Rnk 697 / 1120

TOP DESTINATION (2018): $324k, China

FASTEST GROWING MARKET (2017 - 2018): $324k, China

IMPORTS (2018): $754k, World Rnk 68 / 175
Flag Rnk 823 / 1175

TOP ORIGIN (2018): $291k, Denmark

FASTEST GROWING ORIGIN (2017 - 2018): $284k, Denmark

ECONOMIC COMPLEXITY of Latvia (2018): 0.84, Rnk 36 / 137

PRODUCT COMPLEXITY  IN Other Animals (2018): -1.39, Rnk 919 / 1018

Overview: This page contains the latest trade data of Other Animals in Latvia.

Exports: In 2018, Latvia exported $617k in Other Animals, making it the 85th largest exporter of Other Animals in the world. At the same year, Other Animals was the 697th most exported product in Latvia. The main destination of Other Animals exports from Latvia are: China ($324k), Ukraine ($119k), Estonia ($51k), Lithuania ($38.6k), and Russia ($37.1k).

The fastest growing export markets for Other Animals of Latvia between 2017 and 2018 were China ($324k), Ukraine ($114k), and Lithuania ($24.6k).

Imports: In 2018, Latvia imported $754k in Other Animals, becoming the 68th largest importer of Other Animals in the world. At the same year, Other Animals was the 823rd most imported product in Latvia. Latvia imports Other Animals primarily from: Denmark ($291k), Belgium-Luxembourg ($113k), Netherlands ($112k), Czechia ($105k), and Poland ($44.6k).

The fastest growing import markets in Other Animals for Latvia between 2017 and 2018 were Denmark ($284k), Poland ($35.2k), and Italy ($28.1k).

Tariffs: In 2001, the average tariff for Latvia in Other Animals was 11.4%. The countries with the highest import tariffs for Other Animals were Angola (11.4%), Burundi (11.4%), Benin (11.4%), Burkina Faso (11.4%), and Botswana (11.4%).

Value

EXPORTS (2018): $617k

IMPORTS (2018): $754k

NET TRADE (2018): -$137k

In 2018, Latvia exported $617k in Other Animals. The main destinations of Latvia exports on Other Animals were China ($324k), Ukraine ($119k), Estonia ($51k), Lithuania ($38.6k), and Russia ($37.1k).

In 2018, Latvia imported $754k in Other Animals, mainly from Denmark ($291k), Belgium-Luxembourg ($113k), Netherlands ($112k), Czechia ($105k), and Poland ($44.6k).

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IN 2018, Latvia HAD A POSITIVE NET TRADE IN Other Animals WITH:

  • China, $324k ($324k - $0)
  • Ukraine, $119k ($119k - $0)
  • Russia, $34.5k ($37.1k - $2.62k)

IN 2018, Latvia HAD A NEGATIVE NET TRADE IN Other Animals WITH:

  • Denmark, -$291k ($0 - $291k)
  • Belgium-Luxembourg, -$109k ($3.32k - $113k)
  • Czechia, -$105k ($0 - $105k)
Flow

THE FASTEST GROWING Other Animals EXPORT MARKETS FOR Latvia WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Animals BY Latvia WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Latvia's main exporting competitors in Other Animals were:

In 2018, Latvia's main importing competitors in Other Animals were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Other Animals in Latvia. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2001, the average tariff for Latvia in Other Animals was 11.4%.

The countries with the highest tariffs for Other Animals in Latvia were Angola (11.4%), Burundi (11.4%), Benin (11.4%), Burkina Faso (11.4%), and Botswana (11.4%).

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