machinery and mechanical appliances, electrical equipment. This means that the goods are not produced here india phone number list and accordingly have little. Effect on the producers of the respective goods in latvia, but they also affect our economy, as they. Provide income to wholesale and logistics companies in latvia. The india phone number list fourth largest category of goods we. Export to russia is india phone number list pharmaceutical products manufactured in latvia. About 17% of pharmaceutical. Exports. This country is an important outlet for the pharmaceutical industry. On the import. Side.
Value of goods coming from russia is made up of russia's natural resources and their products, namely mineral fuels and other mineral products, including natural gas and iron and steel. Our dependence on russia for the india phone number list supply of these goods is quite high. Russian imports are also important. For the agricultural sector, as about half of the mineral fertilizers imported from latvia come from this. Country. Wood processing companies also buy raw materials from russia. 16% of wood india phone number list imported to. Latvia comes from russia. These sanctions, among other things, will have an adverse effect on global. Commodity prices, given important role in the world's supply of natur.
The prices of oil and natural gas have risen significantly over the past week, but also the prices of. Various metals and food raw india phone number list materials. This will mean higher prices in latvia as well. Due to sanctions. And falling demand in russia, latvia's exports to russia and imports from will decrease. It will take time for our india phone number list companies to reorient themselves. As a result, economic growth in latvia will be. Slower than previously expected. The impact on t economy may be much more significant if. Western sanction retaliatory sanctions restrict energy supplies. Russia was the fifth largest. Export destinati.