Latvia

Герб
 Флаг
 

Coat of arms: the three golden stars above the Field represent three historical provinces: Vidzeme (Swedish Livonia), Latgale (Polish Livonia) and Kurzeme-Zemgale (Duchy of Courland and Semigalia).

The golden Sun in the Field represents the sun of freedom. Sun symbol was used as a symbol of distinction and national identity by the Imperial Russian Army's Latvian Riflemen units during World War I. During the war, the Sun was fashioned with 17 rays that symbolized the 17 Latvian inhabited districts. The bottom part of Escutcheon is divided into two fields where the red lion of Courland represents Kurzeme and Zemgale while the silver griffin of Livionia represents Vidzeme and Latgale. The red lion and silver griffin are also used as supporters. Base of the coat of arms is decorated with the branches of an oak tree, Quercus robur, which is one of Latvian national symbols.

Flag: is carmine red with white horizontal stripe. The colour on the flag is sometimes referred to as Latvian red. The red colour of the Latvian flag is a particularly dark shade, which is composed of brown and purple. The flag's colour proportions are 2:1:2 (the upper and lower red bands each being twice as wide as the central white band), and the ratio of the height of the flag to its width is fixed at 1:2.
 
  • Anthem: «Dievs, svētī Latviju!» is the national anthem of Latvia. The words and music were written by Kārlis Baumanis.
  • Official languages: Latvian.
  • Geographical location: it is a country in the Baltic region of Northern Europe. It is bordered by Estonia in the northern region, Lithuania in the southern, to the east is Russia, and Belarus to the southeast, as well as sharing a maritime border with Sweden to the west.
  • Administrative divisions: Latvia is a unitary state, currently divided into 110 one-level municipalities and 9 republican cities with their own city council and administration: Daugavpils, Jēkabpils, Jelgava, Jūrmala, Liepāja, Rēzekne, Riga, Valmiera, and Ventspils.
  • Capital: Riga.
  • Governance: the politics of Latvia takes place in a framework of a parliamentary representative democratic republic, whereby the Prime Minister is the head of government, and of a multi-party system. The President holds a primarily ceremonial role as Head of State. Executive power is exercised by the government. Legislative power is vested in both the government and parliament, the Saeima. The Judiciary is independent of the executive and the legislature. 
  • Population: 1.95 million.
  • Currency: Euro.
  • GDP: $24.4 billion.
  • Time zone: GMT +2, GMT +3.
  • Telephone code: +371.
  • Barcode: 475.

 

Trade and economic cooperation between Belarus and Latvia

Latvia's social and economic performance:

  • Foreign debt — €7 billion;
  • Inflation — 0.2%;
  • Unemployment — 8.7%;
  • Average monthly salary — $818;
  • Exports — €10.4 billion;
  • Imports — €12.5 billion.

Latvia's Most Valuable Export Products:

  • Wood and articles thereof;
  • Machinery and tools;
  • Metals and articles thereof;
  • Alcoholic beverages;
  • Food products;
  • Mineral fuels, mineral oils and products of their distillation;
  • Chemical products.

Latvia's Most Valuable Import Products:

  • Machinery and tools;
  • Mineral fuels, mineral oils and products of their distillation;
  • Chemical products;
  • Metals;
  • Vehicles;
  • Food products.

Belarusian exports to Latvia are quite diversified (more than 400 commodity headings), the country mainly exports petrochemical products, wood and articles thereof, metals products, food products, tractors and other vehicles, textile products and footwear.

Belarus may supply more products of the following commodity headings

HS Code

Products

1514

Rape oil

1701

Sugar

1704

Sugar confectionery (including white chocolate)

1806

Chocolate and other food preparations, containing cocoa

1901

Malt extract; flour/groats/meal/starch extract products

1905

Bread and bakery confectionery products

2201

Mineral waters

2202

Waters, including mineral and aerated waters, containing added sugar

2203

Beer

2206

Fermented beverages

2208

Spirits

2306

Oil-cake and other solid residues

2501

Salt

2517

Pebbles, gravel, crushed stone

6806

Slag wool

6807

Asphalt or similar material; articles

6908

Glazed ceramic tile

6810

Articles of cement, concrete or artificial stone

6910

Ceramic sinks, wash basins, wash basin pedestals, baths, bidets, water closet pans, flushing cisterns, urinals and similar sanitary fixtures

7005

Float glass

7019

Glass fibres

2710

Processed petroleum oils

2711

Liquefied gas

2712

Petroleum jelly, paraffin wax

2713

Petroleum coke, petroleum bitumen

3102

Nitrogenous fertilizers

3105

Mineral fertilizers

3209

Paints and varnishes based on synthetic or chemically modified natural polymers, dispersed or dissolved in an aqueous medium

3214

Glaziers' putty, grafting putty

3303

Perfumes and toilet waters

3304

Beauty, make-up and skin care preparations

3305

Hair preparations

3401

Soap

3901

Polymers of ethylene

3917

Tubes, pipes, fittings and hoses of plastics

3920

Plates, sheets, film, foil and strip (not self-adhesive); non-cellular and not reinforced, laminated, supported or similarly combined with other materials

3921

Other plates, sheets, film, foil and strip

3923

Packings of plastics

3924

Tableware, kitchenware, other household articles and hygienic or toilet articles, of plastics

4011

Tyres

4016

Articles of vulcanized rubber other than hard rubber

4403

Wood in the rough

4404

Hoopwood

4407

Wood sawn or chipped lengthwise

4410

Particle board of wood

4411

Fibreboard of wood

4412

Plywood

4415

Packings of wood

4418

Builders' joinery and carpentry of wood

4801

Newsprint, in rolls or sheets

4805

Uncoated paper and paperboard

4808

Corrugated paper and paperboard

4814

Wallpaper and similar wall coverings

4901

Printed books, brochures, leaflets

5402

Synthetic filament yarn

5514

Woven fabrics with cotton of a weight exceeding 170g/m2

6108

Women's knitted underwear

6109

Knitted T-shirts and singlets

6115

Hosiery

6201

Outer women's clothing of textile materials

6202

Outer women's clothing of textile materials

6204

Women's clothing of textile materials

6206

Women's blouses of textile materials

6212

Corsetry

6302

Bed linen, table linen, toilet linen and kitchen linen

6403

Footwear with uppers of leather

6404

Footwear with uppers of textile materials

7013

Tableware and kitchenware of glass

7214

Hot-rolled rods of non-alloy steel

7228

Alloy steel rods

7306

Tubes, pipes and hollow profiles (not seamless) of iron or steel

7308

Structures of iron or steel

7310

Tanks, casks, drums, cans, boxes and similar containers of iron or steel, capacity not exceeding 300 l

7318

Screws, bolts, nuts, rivets of iron or steel

7604

Aluminium rods and profiles

7610

Aluminium structures

8207

Interchangeable tools for power-operated hand tools

8302

Mountings and sittings of base metal for furniture, doors

8409

Parts to internal combustion engines

8412

Engines and motors

8413

Pumps for liquids

8414

Air or vacuum pumps, compressors and fans

8418

Refrigerators, freezers and other refrigerating equipment

8419

Equipment for the heat treatment of materials

8421

Centrifuges, filtering or purifying machinery and apparatus for liquids or gases

8426

Derricks, cranes, including cable cranes, mobile lifting frames, straddle carriers and works trucks fitted with a crane

8427

Fork-lift

8428

Lifting, handling, loading or unloading machinery

8430

Machinery for earth

8432

Agricultural machinery for soil preparation or cultivation, parts thereof

8433

Harvesting and threshing machinery

8438

Machinery for manufacture of food and drinks

8471

Automatic data processing machines

8479

Machinery and mechanical appliances having individual functions

8481

Valves for pipes

8482

Ball or roller bearings

8483

Transmission shafts

8501

Electric motors and generators

8504

Electrical transformers

8509

Electro-mechanical domestic appliances

8511

Ignition or starting equipment used for spark-ignition or compression-ignition internal combustion engines

8516

Electro-thermic appliances for domestic purposes, cooking appliances

8536

Electrical apparatus for a voltage not exceeding 1000 volts

8537

Boards, panels, consoles, desks, cabinets, bases with apparatus

8539

Electric filament or gas discharge lamps

8542

Electronic integrated circuits

8544

Insulated wire, cable

8701

Tractors and semi-tractors

8712

Bicycles

8716

Trailers and semi-trailers

9018

Instruments and appliances used in medical sciences

9026

Instruments, apparatus for measuring or checking features of liquids and gases

9031

Measuring or checking instruments, profile projectors

9401

Seats and parts thereof

9403

Other furniture and parts thereof

9404

Mattress supports, articles of bedding

9503

Toys and puzzles

Belarus's most promising products to export to Latvia:

HS Code

Products

0203

Pork

0207

Meat and edible offal of poultry

0401

Milk and cream, not concentrated

0403

Buttermilk, yoghurt, kephir

0405

Butter

0406

Cheese and curd

0407

Eggs

1601

Sausages and similar products of meat

1602

Prepared or preserved meat

1604

Prepared or preserved fish, caviar

2105

Ice cream

2309

Preparations of a kind used in animal feeding

2402

Tobacco goods

2523

Portland cement

2905

Acyclic alcohols and their derivatives

3004

Medicaments packed for retail sale

3208

Paints and varnishes based on synthetic or chemically modified natural polymers, dispersed or dissolved in a non-aqueous medium

3808

Insecticides, herbicides

3907

Polyacetals, other polyethers and epoxide resins

3908

Polyamides

3916

Monofilament of which any cross-sectional dimension exceeds 1mm, rods, sticks and profile shapes of plastics

6104

Knitted women's clothing

6203

Men's clothing of textile materials

6205

Men's shirts of textile materials

7307

Tube or pipe fittings of iron or steel

7322

Radiators for central heating, air heaters, hot air of iron or steel and parts thereof

7304

Tubes, pipes and hollow profiles, seamless, of iron or steel

8424

Mechanical appliances for projecting, dispersing or spraying liquids or powders

8429

Road construction and construction machinery

8450

Household or laundry-type washing machines

8474

Machinery for sorting and grinding earth

8526

Radar apparatus, radio navigational aid apparatus

8606

Railway or tramway goods vans and wagons

8704

Trucks

8705

Special purpose vehicles

9022

X-ray equipment

9406

Prefabricated buildings

Belarus promotes its products through

  • trading companies: Oil Logistic, Ltd., TransBaltic OIL, Ltd., Belpiščeprom, Ltd., M.T.Z.-Serviss, Ltd., Belwest Trade, Ltd., EURO B&V, Ltd. and etc.;
  • dealers: Business Support Services,Ltd., Baltkrievijas tirdzniecības centrs, Ltd., Diksons, Ltd., AlkomTrans, Ltd., Balttehnika, Ltd., Bel-Doors, Ltd., Kombainserviss, Ltd. and etc.

 

This article has been prepared on the basis of information provided by the National Centre for Marketing and Price Study of the Ministry of Foreign Affairs, and the Embassy of the Republic of Belarus in the Republic of Latvia, and taken from public sources. The information presented herein is for informative purposes only. In this regard, it may be useful for the companies, which have been working in Latvia for a long time, as well as for those, which are going to enter this market. Any questions, feedbacks and comments concerning this article are welcome. All of them will be fully considered and taken into account, if possible. If you have any information that may be interesting and useful for the visitors of this page, please write to us.

When using the materials of this article, the link to Export.by is obligatory.

Best wishes,

Administration of Export.by

Back to Country Guidebooks List