EU Countries Profiles » Latvia

Country Details:

Basic Information
Capital: Riga
Language: Latvian (official) 56.3%, Russian
Population: 1,923,559
Total Area: 64,589 sq km 
Currency: Euro
The Diplomatic representation in Jordan: 
Honorary Consulate of the Republic of Latvia
Tel: +962 6 4610881
Fax: +962 6 4611971

Economic profile
GDP: $54.02 billion
Real Growth rate: 4.5%
GDP-Per Capita: $27,700
Inflation rate: 2.9%
Unemployment rate: 8.7% 
Trade Balance:
Exports:  $12.84 billion
Imports:  $15.79 billion

Revenues: 11.39 billion
Expenditures: 11.53 billion

Natural resources: peat, limestone, dolomite, amber, hydropower, timber, arable land

Major exports: foodstuffs, wood and wood products, metals, machinery and equipment, textiles    

Major imports: machinery and equipment, consumer goods, chemicals, fuels, vehicles 
Trade partners: Lithuania, Germany, Poland, Estonia, Russia, Netherlands, Finland, Italy

Major Industries: processed foods, processed wood products, textiles, processed metals, pharmaceuticals, railroad cars, synthetic fibers, electronics
Agriculture Products: grain, rapeseed, potatoes, vegetables; pork, poultry, milk, eggs; fish

Labor force: 990,000 million distributed as follows: 
Agriculture: 7.7%  
Industry:    24.1%  
Services:  68.1%   

External Trade Between Jordan & Latvia - JOD

Year Exports Imports
2017 7,943 1,605,517
2018 13,500 166,625,800
2019  0 1,598,200
2020  3,400 2,188,000
2021 (January-February) 0,100 199,200

Source: Department of Statistics


Main Jordanian Exports to Latvia:
- Prepared foodstuffs; beverages, and vinegar; tobacco and manufactured tobacco substitutes    

Main Jordanian Imports from Latvia:
- Mineral products    
- Wood and articles of wood; wood charcoal; cork and articles of cork; manufactures of straw of esparto or of other plaiting materials; basket ware and wickerwork    
- Machinery and mechanical appliances; electrical equipment; parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles    
- Prepared foodstuffs; beverages, and vinegar; tobacco and manufactured tobacco substitutes    

Agreements between Jordan and Latvia 

  • EU- Jordan Association Agreement – signed in 1997