Exports and imports by counterpart area - annual data in Latvia
Latvia: Exports and imports by counterpart area - annual data was 26,923 Current prices, million euro in 2025. ◆ Volatile
Latest (2025)
26,923 Current prices, million euro
Change on year
up 2.1%
World rank
42nd
of 52 countries
All-time high
27,969 Current prices, million euro
in 2022
All-time low
1,430 Current prices, million euro
in 1995
Years of data
31
1995–2025
Exports and imports by counterpart area - annual data in Latvia, 1995–2025
Source: Eurostat. Measured in Current prices, million euro.
Analysis
In 2025, exports and imports by counterpart area - annual data in Latvia stood at 26,923 Current prices, million euro.
The figure is up 2.1% on the previous year and up 81.1% over ten years.
Over the whole period, exports and imports by counterpart area - annual data in Latvia peaked at 27,969 Current prices, million euro in 2022 and was at its lowest, 1,430 Current prices, million euro, in 1995.
That places Latvia 42nd out of 52 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Exports and imports by counterpart area - annual data in Latvia, year by year
| Year | Current prices, million euro | Change |
|---|---|---|
| 1995 | 1,430 Current prices, million euro | — |
| 1996 | 1,901 Current prices, million euro | +32.9% |
| 1997 | 2,283 Current prices, million euro | +20.1% |
| 1998 | 2,512 Current prices, million euro | +10.0% |
| 1999 | 2,468 Current prices, million euro | -1.7% |
| 2000 | 3,175 Current prices, million euro | +28.6% |
| 2001 | 3,562 Current prices, million euro | +12.2% |
| 2002 | 3,716 Current prices, million euro | +4.3% |
| 2003 | 3,785 Current prices, million euro | +1.9% |
| 2004 | 4,562 Current prices, million euro | +20.5% |
| 2005 | 5,926 Current prices, million euro | +29.9% |
| 2006 | 6,901 Current prices, million euro | +16.4% |
| 2007 | 8,720 Current prices, million euro | +26.4% |
| 2008 | 9,630 Current prices, million euro | +10.4% |
| 2009 | 7,988 Current prices, million euro | -17.1% |
| 2010 | 9,553 Current prices, million euro | +19.6% |
| 2011 | 11,756 Current prices, million euro | +23.1% |
| 2012 | 13,578 Current prices, million euro | +15.5% |
| 2013 | 13,765 Current prices, million euro | +1.4% |
| 2014 | 14,488 Current prices, million euro | +5.3% |
| 2015 | 14,863 Current prices, million euro | +2.6% |
| 2016 | 15,171 Current prices, million euro | +2.1% |
| 2017 | 16,687 Current prices, million euro | +10.0% |
| 2018 | 17,982 Current prices, million euro | +7.8% |
| 2019 | 18,490 Current prices, million euro | +2.8% |
| 2020 | 18,312 Current prices, million euro | -1.0% |
| 2021 | 21,569 Current prices, million euro | +17.8% |
| 2022 | 27,969 Current prices, million euro | +29.7% |
| 2023 | 26,108 Current prices, million euro | -6.7% |
| 2024 | 26,368 Current prices, million euro | +1.0% |
| 2025 | 26,923 Current prices, million euro | +2.1% |
Latvia compared with similar countries
- Latvia's 26,923 Current prices, million euro is below the median for Europe & Central Asia, which is 127,321 Current prices, million euro, 21% of the median. (36 countries reporting)
- Latvia's 26,923 Current prices, million euro is below the median for high income countries, which is 172,510 Current prices, million euro, 16% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,119 Current prices, million euro | 1,430 Current prices, million euro | 2,512 Current prices, million euro | 5 |
| 2000s | 5,797 Current prices, million euro | 3,175 Current prices, million euro | 9,630 Current prices, million euro | 10 |
| 2010s | 14,633 Current prices, million euro | 9,553 Current prices, million euro | 18,490 Current prices, million euro | 10 |
| 2020s | 24,542 Current prices, million euro | 18,312 Current prices, million euro | 27,969 Current prices, million euro | 6 |
Countries ranked near Latvia
- 39 Estonia 32,748 Current prices, million euro compare
- 40 Estonia 32,615 Current prices, million euro compare
- 41 Malta 32,143 Current prices, million euro compare
- 43 Latvia 26,484 Current prices, million euro compare
- 44 Iceland 13,808 Current prices, million euro compare
- 45 Bosnia and Herzegovina 11,854 Current prices, million euro compare
More trade data for Latvia
- Commodity Net Export Price Index, Individual Commodities Weighted by 108.07 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 101.59 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.22 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 92.34 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.66 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 80.09 (2025)
- Imports of low carbon technology products, Percent of GDP 1.53 (2024)
- Imports of low carbon technology products, US dollar (World), per 356.69 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0151 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 467.61 million (2024)
Frequently asked questions
- What is exports and imports by counterpart area - annual data in Latvia?
- Exports and imports by counterpart area - annual data in Latvia was 26,923 Current prices, million euro in 2025, according to Eurostat.
- What is the highest exports and imports by counterpart area - annual data recorded in Latvia?
- The highest recorded value was 27,969 Current prices, million euro in 2022.
- What is the lowest exports and imports by counterpart area - annual data recorded in Latvia?
- The lowest recorded value was 1,430 Current prices, million euro in 1995.
- How does Latvia rank for exports and imports by counterpart area - annual data?
- Latvia ranks 42nd out of 52 countries with data for 2025.
- Is exports and imports by counterpart area - annual data rising or falling in Latvia?
- Over the last ten years it is up 81.1%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Exports and imports by counterpart area - annual data. Statizoid updates them automatically from the source API.
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