Latvia looks to India for greater investment and trade and use of its all weather ports. … Growth in trade can be driven by export of textiles, gems and jewellery, chemical dyes and pharmaceuticals.
What are major imports and exports of Latvia?
Economy of Latvia
|Export goods||foodstuffs, wood and wood products, metals, machinery and equipment, textiles|
|Main export partners||Lithuania(+) 15.8% Russia(+) 14% Estonia(+) 10.9% Germany(+) 6.9% Sweden(+) 5.7 United Kingdom(+) 4.9% Poland(+) 4.3% Denmark(+) 4.1% (2017)|
|Imports||$15.79 billion (2017 est.)|
What products does Latvia import?
Latvia imports machinery and equipment, chemicals, fuels and vehicles. Main import partners are Lithuania, Germany, Russia, Poland and Estonia.
Is Latvia poorer than India?
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.
What are the main exports of Belarus?
Exports The top exports of Belarus are Refined Petroleum ($5.24B), Potassic Fertilizers ($2.78B), Cheese ($996M), Delivery Trucks ($958M), and Crude Petroleum ($727M), exporting mostly to Russia ($13.4B), Ukraine ($4.14B), United Kingdom ($2.3B), Germany ($1.32B), and Poland ($1.31B).