Oil and petroleum products import dependency by country of origin in Latvia
Latvia: Oil and petroleum products import dependency by country of origin was 25.3% in 2024. ◆ Volatile
Oil and petroleum products import dependency by country of origin in Latvia, 2015–2024
Source: Eurostat. Measured in Percentage.
Analysis
The most recent figure for oil and petroleum products import dependency by country of origin in Latvia is 25.3%, measured in 2024. That is the highest value across all 10 years on record.
Compared with earlier readings it is up 7.4% on the previous year and up 2,561.1% over ten years.
Over the whole period, oil and petroleum products import dependency by country of origin in Latvia peaked at 25.3% in 2024 and was at its lowest, 0.9%, in 2015.
That places Latvia 5th out of 51 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Oil and petroleum products import dependency by country of origin in Latvia, year by year
| Year | Percentage | Change |
|---|---|---|
| 2015 | 0.9% | — |
| 2016 | 1.1% | +13.7% |
| 2017 | 2.6% | +137.0% |
| 2018 | 2.4% | -7.0% |
| 2019 | 1.4% | -42.9% |
| 2020 | 2.2% | +64.0% |
| 2021 | 2.5% | +10.8% |
| 2022 | 15.3% | +519.0% |
| 2023 | 23.5% | +53.9% |
| 2024 | 25.3% | +7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.7% | 0.9% | 2.6% | 5 |
| 2020s | 13.8% | 2.2% | 25.3% | 5 |
Countries ranked near Latvia
More trade data for Latvia
- Exports and imports by counterpart area - quarterly data 6,944 Current prices, million euro (2026)
- Exports and imports by counterpart area - annual data 26,484 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 4.7 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 1,749 (2026)
- Cross-trade road freight transport of reporting country by country of 1,419 Thousand tonnes (2026)
- Intra and extra-EU trade in sporting goods by product 88,921 Thousand euro (2025)
Frequently asked questions
- What is oil and petroleum products import dependency by country of origin in Latvia?
- Oil and petroleum products import dependency by country of origin in Latvia was 25.3% in 2024, according to Eurostat.
- What is the highest oil and petroleum products import dependency by country of origin recorded in Latvia?
- The highest recorded value was 25.3% in 2024.
- What is the lowest oil and petroleum products import dependency by country of origin recorded in Latvia?
- The lowest recorded value was 0.9% in 2015.
- How does Latvia rank for oil and petroleum products import dependency by country of origin?
- Latvia ranks 5th out of 51 countries with data for 2024.
- Is oil and petroleum products import dependency by country of origin rising or falling in Latvia?
- Over the last ten years it is up 2,561.1%. 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 Oil and petroleum products import dependency by country of origin. Statizoid updates them automatically from the source API.
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