Investor Presentaiton
19
100
95
90
85
80
75
70
65
60
55
50
45
40
35
30
25
20
15
10
505050
STRUCTURAL TRANSFORMATION TOWARDS MORE PRODUCTIVE SECTORS
Merchandise export has become more diversified and sophisticated over time; a shift towards higher value-added services is
evident over the long run
Export structure by commodity groups and Herfindahl-Hirschman index
for commodity group concentration (% of total exports; index)
Export income of rail transport and ICT services
(million EUR)
1000.0
900.0
1200
800.0
700.0
1000
600.0
Rail transport
-ICT
800
500.0
400.0
600
300.0
200.0
400
100.0
0.0
200
Others
2005
Metals and articles of metals
Vegetable products
Mineral products
Wood and articles of wood
2023
Transport vehicles
I Food and beverages
Chemicals
I Machinery, mechanical, electrical appliances
HHI index (RHS)
Source: Central Statistical Bureau
0
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
Source: Latvijas BankaView entire presentation