Concentration of trade by NACE Rev. 2 activity in Latvia
Latvia: Concentration of trade by NACE Rev. 2 activity was 16.72 million Thousand euro in 2024. ▲ Rising
Concentration of trade by NACE Rev. 2 activity in Latvia, 2012–2024
Source: Eurostat. Measured in Thousand euro.
Analysis
In 2024, concentration of trade by nace rev. 2 activity in Latvia stood at 16.72 million Thousand euro.
That represents a change of down 4.8% on the previous year and up 57.9% over ten years.
Over the whole period, concentration of trade by nace rev. 2 activity in Latvia peaked at 19.47 million Thousand euro in 2022 and was at its lowest, 10.02 million Thousand euro, in 2016.
Latvia ranks 32nd of 38 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Concentration of trade by NACE Rev. 2 activity in Latvia, year by year
| Year | Thousand euro | Change |
|---|---|---|
| 2012 | 10.13 million Thousand euro | — |
| 2013 | 10.39 million Thousand euro | +2.6% |
| 2014 | 10.59 million Thousand euro | +1.9% |
| 2015 | 10.07 million Thousand euro | -4.9% |
| 2016 | 10.02 million Thousand euro | -0.5% |
| 2017 | 11.22 million Thousand euro | +12.0% |
| 2018 | 11.31 million Thousand euro | +0.8% |
| 2019 | 11.85 million Thousand euro | +4.8% |
| 2020 | 10.91 million Thousand euro | -7.9% |
| 2021 | 13.49 million Thousand euro | +23.6% |
| 2022 | 19.47 million Thousand euro | +44.3% |
| 2023 | 17.57 million Thousand euro | -9.8% |
| 2024 | 16.72 million Thousand euro | -4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 10.70 million Thousand euro | 10.02 million Thousand euro | 11.85 million Thousand euro | 8 |
| 2020s | 15.63 million Thousand euro | 10.91 million Thousand euro | 19.47 million Thousand euro | 5 |
Countries ranked near Latvia
More trade data for Latvia
- Exports and imports by counterpart area - quarterly data 7,201 Current prices, million euro (2026)
- Exports and imports by counterpart area - annual data 26,923 Current prices, million euro (2025)
- Imports of oil and petroleum products by partner country 2,344 Thousand tonnes (2024)
- Exports of oil and petroleum products by partner country 671.98 Thousand tonnes (2024)
- Retail trade confidence indicator and survey results - monthly data 14.8 Balance (2026)
- Material import dependency 32.0% (2025)
- Sawnwood trade by species 115,571 Thousand euro (2024)
- Member States EU27 (from 2020) trade by BEC product group 1,835 (2026)
- Intra and extra-EU trade in sporting goods by product 88,921 Thousand euro (2025)
- Intra and extra-EU trade in sporting goods by product and partner 16,356 Thousand euro (2025)
Frequently asked questions
- What is concentration of trade by nace rev. 2 activity in Latvia?
- Concentration of trade by nace rev. 2 activity in Latvia was 16.72 million Thousand euro in 2024, according to Eurostat.
- What is the highest concentration of trade by nace rev. 2 activity recorded in Latvia?
- The highest recorded value was 19.47 million Thousand euro in 2022.
- What is the lowest concentration of trade by nace rev. 2 activity recorded in Latvia?
- The lowest recorded value was 10.02 million Thousand euro in 2016.
- How does Latvia rank for concentration of trade by nace rev. 2 activity?
- Latvia ranks 32nd out of 38 countries with data for 2024.
- Is concentration of trade by nace rev. 2 activity rising or falling in Latvia?
- Over the last ten years it is up 57.9%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Concentration of trade by NACE Rev. 2 activity. Statizoid updates them automatically from the source API.
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