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.
What is Finland’s main export?
Finland’s key export sectors are transportation, electronics, forestry, machinery, and chemicals.
What is Latvia known for producing?
Similar to Germany, Latvia was among the first countries to be industrialized. Its major industries are textiles, processed wood products, processed foods, chemicals, metalwork, and machine building. Latvia builds both small and big machines such as railway cars, buses, washing machines, and radios.
How does Latvia export?
The most recent exports are led by Sawn Wood ($768M), Broadcasting Equipment ($703M), Hard Liquor ($557M), Wheat ($539M), and Packaged Medicaments ($526M). The most common destination for the exports of Latvia are Lithuania ($2.41B), Estonia ($1.46B), Russia ($1.29B), Germany ($1.07B), and Sweden ($970M).
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.
Why is Finland so rich?
Finland’s high taxes do discourage male labor supply and that is one reason why the country is not as wealthy, in per capita terms, as the United States. … 3. There are extensive day care and child care subsidies, which in part counteracts the effects of high taxes on female labor supply.
Why is Finland so happy?
Finland came out very well here due to its low crime levels. … Finland also has a universal health care system which a significant factor in how happy its citizens feel. When all these factors are combined, it allows most Fins to have a high standard of living and to feel content in their daily lives.
What food is popular in Finland?
7 classic Finnish dishes you need to try!
- Bread cheese or Finnish squeaky cheese.
- Classic Finnish rye bread.
- Creamy salmon soup.
- Karelian pasties/pies.
- Sautéed reindeer.
- Blood dumpling soup.
- Salty liquorice.
What is the average salary in Latvia?
What is the average salary in Latvia? Latvia offers an average salary of about $10.98 an hour, $2,004.7/month, or $24,059.60 a year. These figures are inclusive of housing, transport, and other benefits, which brings the take-home pay (after taxes) to an average of $827/month.