Foreign value added in exports by exporting country and importing in Latvia
Latvia: Foreign value added in exports by exporting country and importing was 59,043 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 59,043 Thousand euro, measured in 2024.
The figure is up 0.8% on the previous year and down 8.8% over ten years.
Over the whole period, foreign value added in exports by exporting country and importing in Latvia peaked at 86,671 Thousand euro in 2022 and was at its lowest, 43,413 Thousand euro, in 2010.
That places Latvia 28th 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 | 43,413 Thousand euro | — |
| 2011 | 54,243 Thousand euro | +24.9% |
| 2012 | 71,387 Thousand euro | +31.6% |
| 2013 | 64,075 Thousand euro | -10.2% |
| 2014 | 64,765 Thousand euro | +1.1% |
| 2015 | 59,323 Thousand euro | -8.4% |
| 2016 | 53,727 Thousand euro | -9.4% |
| 2017 | 54,832 Thousand euro | +2.1% |
| 2018 | 67,641 Thousand euro | +23.4% |
| 2019 | 68,878 Thousand euro | +1.8% |
| 2020 | 49,963 Thousand euro | -27.5% |
| 2021 | 62,268 Thousand euro | +24.6% |
| 2022 | 86,671 Thousand euro | +39.2% |
| 2023 | 58,570 Thousand euro | -32.4% |
| 2024 | 59,043 Thousand euro | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 60,228 Thousand euro | 43,413 Thousand euro | 71,387 Thousand euro | 10 |
| 2020s | 63,303 Thousand euro | 49,963 Thousand euro | 86,671 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 59,043 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 86,671 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 43,413 Thousand euro in 2010.
- How does Latvia rank for foreign value added in exports by exporting country and importing?
- Latvia ranks 28th 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 down 8.8%. 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 perspective (FIGARO application). Statizoid updates them automatically from the source API.
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