Latvia - Imports of Goods
Latvia: Imports of Goods
| Mnemonic | TRIG.ILVA | |
|---|---|---|
| Unit | Mil. EUR, NSA | |
| Adjustments | Not Seasonally Adjusted | |
| Monthly | 22.03 % | |
| Data | Jan 2023 | 1,846 |
| Dec 2022 | 2,368 | |
Series Information
| Source | Central Statistical Bureau of Latvia |
| Release | Trade |
| Frequency | Monthly |
| Start Date | 1/31/1995 |
| End Date | 1/31/2023 |
Latvia: Trade
| Reference | Last | Previous | Units | Frequency | |
|---|---|---|---|---|---|
| Balance of Goods | Jan 2023 | -217.12 | -650.57 | Mil. EUR, NSA | Monthly |
| Current Account Balance | Jan 2023 | 12 | -28 | Mil. EUR, NSA | Monthly |
| Exports of Goods | Jan 2023 | 1,629 | 1,717 | Mil. EUR, NSA | Monthly |
| Imports of Goods | Jan 2023 | 1,846 | 2,368 | Mil. EUR, NSA | Monthly |
| Exports of Goods and Services | 2022 Q4 | 7,155,311 | 7,616,605 | Ths. EUR, NSA | Quarterly |
| Imports of Goods and Services | 2022 Q4 | 7,770,990 | 8,096,513 | Ths. EUR, NSA | Quarterly |
| Real Exports of Goods and Services | 2022 Q4 | 5,111,297 | 5,398,784 | Ths. Ch. 2015 EUR, NSA | Quarterly |
| Real Imports of Goods and Services | 2022 Q4 | 6,111,476 | 6,317,122 | Ths. Ch. 2015 EUR, NSA | Quarterly |
| Net Exports | 2019 Q2 | -67,796 | 103,354 | Ths. EUR, NSA | Quarterly |
| Real Net Exports | 2019 Q2 | -278,929 | -151,814 | Ths. Ch. 2010 EUR, NSA | Quarterly |
Release Information
For Latvia, summary of monthly external merchandise trade (imports, exports, trade balance).
Active:
- Measurement: Millions of euros (Mil. EUR)
- Seasonal adjustment: Not seasonally adjusted (NSA)
- Native frequency: Monthly
- Start date: As early as 1995m1
Predecessor:
- In lats (LVL) - 1995 to 2013
The source writes:
Total Exports
Merchandise exports are shown in current FOB values (including transportation and insurance costs up to the border of the exporting country) according to a scheme of the special trade system (without commodity flows from customs warehouses and free economic zones) and indicating the country of ultimate destination.
Data are compiled in compliance with so-called National principle, which unlike so-called Community principle starting with 2006 does not include information on exports of goods, which certain EU Member State sells in certain third country (which is not EU member state) trough Latvia, but starting from 2008 it does not include also data on commodity dispatches to certain EU Member State, which trough Latvia imports goods from other third country, although in all mentioned cases customs declarations are done in Latvia.
Total Imports
Merchandise imports are shown in current CIF values (including transportation and insurance costs up to the border of the importing country) according to a scheme of the special trade system (without commodity flows to customs warehouses and free economic zones) and indicating the country of origin. From 2004 the arrival of goods from the Member States of the European Union is classified to the indicated country of consignment.
Data are compiled in compliance with so-called National principle, which unlike so-called Community principle starting with 2006 does not include information on imports of goods, which certain EU Member State carries out in certain third country (which is not EU member state) through Latvia, but starting from 2008 it does not include also data on commodity arrivals from certain EU Member State, which trough Latvia exports goods to other third country, although in all mentioned cases customs declarations are done in Latvia.
Source of Data
1) INTRASTAT monthly surveys of enterprises engaged in trade with EU Member States
2) Customs declarations on trade with third countries
Coverage
The whole territory of Latvia.
Sample Size
Full-scope survey on trade with third countries; sample survey on trade with EU Member States according to a specified parament; calculations.
Description of Data
Merchandise exports and imports by countries and commodity groups.
Methods of calculation
Mathematical imputation to INTRASTAT data for enterprise non-response and for those enterprises that are not subject to INTRASTAT reporting due to the small size of trade volume.
Classification
EU combined Nomenclature
Data Adjustment
Preliminary data are adjusted monthly.
Geographies
- European Union – 15
- Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, Sweden, United Kingdom.
- European Union - 25 [geo code IEU25]
- All European Union - 15 countries and Czech Republic, Cyprus, Estonia, Hungary, Malta, Latvia, Lithuania, Poland, Slovakia, Slovenia after EU enlargement in the 1st of May 2004.
- European Union - 27 (2007-2013) [geo code IEU27]
- All European Union - 25 countries, and Romania and Bulgaria after EU enlargement in the 1st of January 2007. Originally: Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia,Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom.
- European Union - 27 (from 2020) [geo code IEU27B]
- Post Brexit EU. Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia,Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden
- CIS
- Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyztan, Russian Federation, Moldova, Tajikistan, Turkmenistan, Ukraine, Uzbekistan.
We compute trade balance.
Data are usually revised.
