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
Latest (2024)
5.41 million Thousand euro
Change on year
up 1.6%
World rank
32nd
of 35 countries
All-time high
6.24 million Thousand euro
in 2022
All-time low
1.92 million Thousand euro
in 2010
Years of data
15
2010–2024
Foreign value added in exports by exporting country and importing in Latvia, 2010–2024
Source: Eurostat. Measured in Thousand euro.
Analysis
Latvia recorded 5.41 million Thousand euro for foreign value added in exports by exporting country and importing in 2024.
The figure is 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
- 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 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.
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CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (Eurostat).