Statistical Analysis of International Merchandise Trade Between Latvia and Ukraine Using International Databases

Abstract

The article considers the dynamics of international merchandise trade of Latvia and Ukraine (volumes of export and import of goods) in 2005–2020 with the use of UN Comtrade Database. The volumes of export and import of Latvia’s main international trading partners are given, the shares of partner countries in trade flows in 2021 are calculated. It is determined that Lithuania occupies a leading position among Latvia’s partner countries in export and import of goods. Data on international trade between Latvia and Ukraine, namely export and import of goods in 1994–2021, are presented. It is determined that international trade between Latvia and Ukraine has a steady development trend. The main goods exported from Latvia to Ukraine in 2021 are presented, their shares in the total volume of relevant international trade flows are calculated. The main goods imported to Latvia from Ukraine in 2021 are determined, their share in the total volume of import is calculated. Services are not included in any of the statistics presented here.

Keywords

• database
• export
• import
• international merchandise trade
• latvia
• ukraine
• un comtrade database