Foreign value added in exports by exporting country and importing in Latvia
Latvia: Foreign value added in exports by exporting country and importing was 5.41 million Thousand euro in 2024. ▲ Rising
Foreign value added in exports by exporting country and importing in Latvia, 2010–2024
Source: Eurostat. Measured in Thousand euro.
Analysis
The most recent figure for foreign value added in exports by exporting country and importing in Latvia is 5.41 million Thousand euro, measured in 2024.
That represents a change of up 1.6% on the previous year and up 89.7% over ten years.
Over the whole period, foreign value added in exports by exporting country and importing in Latvia peaked at 6.24 million Thousand euro in 2022 and was at its lowest, 1.92 million Thousand euro, in 2010.
That places Latvia 32nd out of 35 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Foreign value added in exports by exporting country and importing in Latvia, year by year
| Year | Thousand euro | Change |
|---|---|---|
| 2010 | 1.92 million Thousand euro | — |
| 2011 | 2.53 million Thousand euro | +31.8% |
| 2012 | 2.96 million Thousand euro | +16.9% |
| 2013 | 2.87 million Thousand euro | -2.7% |
| 2014 | 2.85 million Thousand euro | -0.8% |
| 2015 | 2.84 million Thousand euro | -0.4% |
| 2016 | 2.77 million Thousand euro | -2.6% |
| 2017 | 3.18 million Thousand euro | +15.1% |
| 2018 | 3.52 million Thousand euro | +10.5% |
| 2019 | 3.57 million Thousand euro | +1.6% |
| 2020 | 3.40 million Thousand euro | -4.9% |
| 2021 | 4.40 million Thousand euro | +29.5% |
| 2022 | 6.24 million Thousand euro | +41.7% |
| 2023 | 5.33 million Thousand euro | -14.6% |
| 2024 | 5.41 million Thousand euro | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.90 million Thousand euro | 1.92 million Thousand euro | 3.57 million Thousand euro | 10 |
| 2020s | 4.96 million Thousand euro | 3.40 million Thousand euro | 6.24 million Thousand euro | 5 |
Countries ranked near Latvia
More trade data for Latvia
- Exports and imports by counterpart area - quarterly data 6,710 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 1,803 (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 foreign value added in exports by exporting country and importing in Latvia?
- Foreign value added in exports by exporting country and importing in Latvia was 5.41 million Thousand euro in 2024, according to Eurostat.
- What is the highest foreign value added in exports by exporting country and importing recorded in Latvia?
- The highest recorded value was 6.24 million Thousand euro in 2022.
- What is the lowest foreign value added in exports by exporting country and importing recorded in Latvia?
- The lowest recorded value was 1.92 million Thousand euro in 2010.
- How does Latvia rank for foreign value added in exports by exporting country and importing?
- Latvia ranks 32nd out of 35 countries with data for 2024.
- Is foreign value added in exports by exporting country and importing rising or falling in Latvia?
- Over the last ten years it is up 89.7%. 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 Foreign value added in exports by exporting country and importing country - EU country perspective (FIGARO application). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (Eurostat).