Imports by industry (FIGARO application) in Latvia
Latvia: Imports by industry (FIGARO application) was 18,576 Million euro in 2024. ▲ Rising
Latest (2024)
18,576 Million euro
Change on year
down 3.5%
World rank
34th
of 35 countries
All-time high
20,334 Million euro
in 2022
All-time low
7,569 Million euro
in 2010
Years of data
15
2010–2024
Imports by industry in Latvia, 2010–2024
Source: Eurostat. Measured in Million euro.
Analysis
Latvia recorded 18,576 Million euro for imports by industry in 2024.
The figure is down 3.5% on the previous year and up 70.3% over ten years.
Over the whole period, imports by industry in Latvia peaked at 20,334 Million euro in 2022 and was at its lowest, 7,569 Million euro, in 2010.
Latvia ranks 34th of 35 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Imports by industry (FIGARO application) in Latvia, year by year
| Year | Million euro | Change |
|---|---|---|
| 2010 | 7,569 Million euro | — |
| 2011 | 9,651 Million euro | +27.5% |
| 2012 | 10,958 Million euro | +13.5% |
| 2013 | 10,836 Million euro | -1.1% |
| 2014 | 10,907 Million euro | +0.7% |
| 2015 | 10,887 Million euro | -0.2% |
| 2016 | 10,603 Million euro | -2.6% |
| 2017 | 11,866 Million euro | +11.9% |
| 2018 | 12,813 Million euro | +8.0% |
| 2019 | 13,092 Million euro | +2.2% |
| 2020 | 12,363 Million euro | -5.6% |
| 2021 | 15,816 Million euro | +27.9% |
| 2022 | 20,334 Million euro | +28.6% |
| 2023 | 19,246 Million euro | -5.4% |
| 2024 | 18,576 Million euro | -3.5% |
Latvia compared with similar countries
- Latvia's 18,576 Million euro is below the median for Europe & Central Asia, which is 130,624 Million euro, 14% of the median. (26 countries reporting)
- Latvia's 18,576 Million euro is below the median for high income countries, which is 129,078 Million euro, 14% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 10,918 Million euro | 7,569 Million euro | 13,092 Million euro | 10 |
| 2020s | 17,267 Million euro | 12,363 Million euro | 20,334 Million 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 imports by industry in Latvia?
- Imports by industry in Latvia was 18,576 Million euro in 2024, according to Eurostat.
- What is the highest imports by industry recorded in Latvia?
- The highest recorded value was 20,334 Million euro in 2022.
- What is the lowest imports by industry recorded in Latvia?
- The lowest recorded value was 7,569 Million euro in 2010.
- How does Latvia rank for imports by industry?
- Latvia ranks 34th out of 35 countries with data for 2024.
- Is imports by industry rising or falling in Latvia?
- Over the last ten years it is up 70.3%. 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 Imports by industry (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).