Iceland vs Latvia: Exports and imports by counterpart area - annual data

Iceland
13,808 Current prices, million euro
in 2025
Latvia
26,484 Current prices, million euro
in 2025
Iceland rank
44th
Latvia rank
43rd

Exports and imports by counterpart area - annual data over time

  • Iceland
  • Latvia
010.0k20.0k30.0k199520102025

How they compare

Latvia currently reports 26,484 Current prices, million euro against 13,808 Current prices, million euro in Iceland, a difference of 12,676 Current prices, million euro.

That makes Latvia's figure about 1.9 times Iceland's.

The two have swapped places 1 time across 31 shared years of data; in 1995 it was Iceland ahead.

Iceland ranks 44th and Latvia ranks 43rd of 52 countries.

Across the 4 decades both report, Iceland averaged higher in 1 and Latvia in 3.

Head to head by decade

Decade Iceland Latvia Difference Ahead
1990s 2,331 Current prices, million euro 2,119 Current prices, million euro 211.56 Current prices, million euro Iceland
2000s 3,957 Current prices, million euro 5,797 Current prices, million euro 1,840 Current prices, million euro Latvia
2010s 7,890 Current prices, million euro 14,523 Current prices, million euro 6,633 Current prices, million euro Latvia
2020s 11,261 Current prices, million euro 23,898 Current prices, million euro 12,637 Current prices, million euro Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher exports and imports by counterpart area - annual data, Iceland or Latvia?
Latvia, at 26,484 Current prices, million euro against 13,808 Current prices, million euro in Iceland as of 2025.
What is the difference in exports and imports by counterpart area - annual data between Iceland and Latvia?
12,676 Current prices, million euro, with Latvia ahead.
How many years of comparable data are there for Iceland and Latvia?
31 years are reported by both, from 1995 to 2025.
How do Iceland and Latvia rank globally for exports and imports by counterpart area - annual data?
Iceland ranks 44th and Latvia ranks 43rd of 52 countries.
Where does this data come from?
Eurostat, published as Exports and imports by counterpart area - annual data. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Latvia: Exports and imports by counterpart area - annual data. Statizoid, drawing on Eurostat. Retrieved 07 November 2026, from https://trade.statizoid.com/compare/exports-and-imports-by-counterpart-area-annual-data/iceland/latvia-2/

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About this data

Indicator
Exports and imports by counterpart area - annual data
Unit
Current prices, million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
57 places, 1,739 data points, 1975–2025
Last refreshed