Latvia
Foreign trade
Like most of the former Soviet republics, Latvia's trade was formerly dominated by the other Soviet states, but it has been relatively successful in achieving a wider range of trade partners.
Latvia's major commodity exports include wood (29%), iron and steel (6.3%), textile yarn (5.6%), furniture (4.5%), and fish (1%).
In 2000 Latvia's imports were distributed among the following categories:
| Consumer goods | 18.8% |
| Food | 10.6% |
| Fuels | 12.1% |
| Industrial supplies | 30.1% |
| Machinery | 19.7% |
| Transportation | 8.3% |
| Other | 0.4% |
Principal trading partners in 2000 (in millions of US dollars) were as follows:
| COUNTRY | EXPORTS | IMPORTS | BALANCE |
| United Kingdom | 325 | 85 | 240 |
| Germany | 321 | 499 | -178 |
| Sweden | 203 | 216 | -13 |
| Lithuania | 142 | 242 | -100 |
| Denmark | 109 | 115 | -6 |
| Estonia | 99 | 199 | -100 |
| Russia | 78 | 370 | -292 |
| Netherlands | 75 | 110 | -35 |
| Finland | 36 | 276 | -240 |
| Poland | 30 | 152 | -122 |
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