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What is the main import of Latvia?
Imports The top imports of Latvia are Refined Petroleum ($3.07B), Broadcasting Equipment ($696M), Cars ($646M), Packaged Medicaments ($599M), and Planes, Helicopters, and/or Spacecraft ($534M), importing mostly from Russia ($4.43B), Lithuania ($2.95B), Germany ($1.83B), Poland ($1.59B), and Estonia ($1.42B).
What goods are exported and imported in Latvia?
Top 10 Export Goods
| HS Code | Export USD$ |
|---|---|
| (10) Cereals | $580,838,600 |
| (30) Pharmaceuticals | $546,403,692 |
| (73) Iron & Steel Articles | $497,315,009 |
| (72) Iron & Steel | $469,152,185 |
What products does Latvia import?
Latvia imports machinery and equipment, chemicals, fuels and vehicles. Main import partners are Lithuania, Germany, Russia, Poland and Estonia.
What food does Latvia export?
Soft drinks and alcoholic drinks were the key Latvian export products, accounting for 29 percent of the total value of food, agricultural and fish product exports in 2017, followed by grain products with 15.7 percent and milk, dairy products and eggs with 10 percent.
Is Latvia poorer than India?
make 74.0% less money. Latvia has a GDP per capita of $27,700 as of 2017, while in India, the GDP per capita is $7,200 as of 2017.
Why is Latvia so poor?
RIGA, Latvia — Poverty in Latvia is the result of a legacy of trauma, and lack of treatment following the country’s long history of political violence, oppression and exposure to war. In 1990 the population of Latvia peaked at 2.6 million with the collapse of the Soviet Union.
What is Lithuania’s biggest export?
refined petroleum
According to the Observatory of Economic Complexity, refined petroleum is Lithuania’s leading export. In 2012 it accounted for 22.93% of exports, followed by fertilizer, which accounted for 3%. Wheat, polyacetals and chemicals are other major exports.
Is Latvia a safe country?
Latvia is a safe country. Crime levels in Latvia are relatively small. The murder rate is on par with the USA. However, crime is spread much more evenly in Latvia than in the West, meaning there is no division into “dangerous ghettos” and “suburbs where nothing bad ever happens”.
Is English spoken in Latvia?
Three languages may be useful in Latvia: Latvian, Russian and English. While Latvian is the only official language and the only one you will notice on most signs, Latvia is effectively a bilingual country, with a third of its population speaking Russian.
Is Latvia rich or poor country?
Latvia is the third poorest country in the European Union. 02.07. 2019. In the field of anti-poverty policy, Latvia is the third poorest and most marginalized country, with a dramatic increase in the gap between the poor and the rich in recent years.
What is Ukraine’s biggest export?
Ukraine exports mainly steel, coal, fuel and petroleum products, chemicals, machinery and transport equipment and grains like barley, corm and wheat. More than 60% of the exports goes to other former Soviet Republics countries with Russia, Kazkhstan and Belarus being the most important. Others include Turkey and China.
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