Latvia: chemical manufacturing turnover 2020

The turnover of the chemicals and chemical products manufacturing industry in Latvia increased by 39.9 million euros (+11.17 percent) since the previous year. With 397 million euros, the turnover thereby reached its highest value in the observed period.
Turnover is defined by Eurostat as the total of all sales (excluding VAT) of goods and services carried out by the enterprises of a given sector during the reference period.

Find more statistics on the chemicals and chemical products manufacturing industry in Latvia with key insights such as number of enterprises, production value, personnel costs, and number of employees.

Turnover of chemicals and chemical products manufacturing in Latvia from 2011 to 2020 (in million euros)

Characteristic	Annual turnover in million euros
2020	397€
2019	357.1€
2018	338.7€
2017	276.7€
2016	218.3€
2015	225.5€
2014	223€
2013	217.5€
2012	252.2€
2011	208.8€

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Release date

March 2023

More information

Region

Latvia

Survey time period

2011 to 2020

Supplementary notes

The source adds the following information: Turnover comprises the totals invoiced by the observation unit during the reference period, and this corresponds to market sales of goods or services supplied to third parties, it includes all duties and taxes on the goods or services invoiced by the unit with the exception of the VAT invoiced by the unit to its customer and other similar deductible taxes directly linked to turnover, it also includes all other charges (transport, packaging, etc.) passed on to the customer. Price reductions, rebates and discounts as well as the value of returned packing must be deducted.
Data coverage corresponds to code C20 of NACE Rev 2.

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