Trade balance in low carbon technology products, US dollar in Latvia
Latvia: Trade balance in low carbon technology products, US dollar was -198.01 million in 2024. ◆ Volatile
Trade balance in low carbon technology products, US dollar in Latvia, 1994–2024
Source: International Monetary Fund.
Analysis
The most recent figure for trade balance in low carbon technology products, us dollar in Latvia is -198.01 million, measured in 2024.
The figure is up 32.5% on the previous year and down 61.3% over ten years.
Over the whole period, trade balance in low carbon technology products, us dollar in Latvia peaked at -15.49 million in 1994 and was at its lowest, -293.29 million, in 2023.
Latvia ranks 80th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Trade balance in low carbon technology products, US dollar in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | -15.49 million | — |
| 1995 | -34.70 million | +124.1% |
| 1996 | -36.76 million | +5.9% |
| 1997 | -27.77 million | -24.4% |
| 1998 | -57.17 million | +105.9% |
| 1999 | -83.81 million | +46.6% |
| 2000 | -64.10 million | -23.5% |
| 2001 | -62.90 million | -1.9% |
| 2002 | -87.07 million | +38.4% |
| 2003 | -102.82 million | +18.1% |
| 2004 | -164.48 million | +60.0% |
| 2005 | -140.32 million | -14.7% |
| 2006 | -145.20 million | +3.5% |
| 2007 | -266.86 million | +83.8% |
| 2008 | -233.72 million | -12.4% |
| 2009 | -80.21 million | -65.7% |
| 2010 | -63.51 million | -20.8% |
| 2011 | -202.62 million | +219.0% |
| 2012 | -160.73 million | -20.7% |
| 2013 | -45.66 million | -71.6% |
| 2014 | -122.79 million | +168.9% |
| 2015 | -84.88 million | -30.9% |
| 2016 | -86.34 million | +1.7% |
| 2017 | -137.04 million | +58.7% |
| 2018 | -144.08 million | +5.1% |
| 2019 | -174.33 million | +21.0% |
| 2020 | -176.12 million | +1.0% |
| 2021 | -139.68 million | -20.7% |
| 2022 | -229.03 million | +64.0% |
| 2023 | -293.29 million | +28.1% |
| 2024 | -198.01 million | -32.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -42.62 million | -83.81 million | -15.49 million | 6 |
| 2000s | -134.77 million | -266.86 million | -62.90 million | 10 |
| 2010s | -122.20 million | -202.62 million | -45.66 million | 10 |
| 2020s | -207.23 million | -293.29 million | -139.68 million | 5 |
Countries ranked near Latvia
More trade data for Latvia
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- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.22 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 92.34 (2025)
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- 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 trade balance in low carbon technology products, us dollar in Latvia?
- Trade balance in low carbon technology products, us dollar in Latvia was -198.01 million in 2024, according to International Monetary Fund.
- What is the highest trade balance in low carbon technology products, us dollar recorded in Latvia?
- The highest recorded value was -15.49 million in 1994.
- What is the lowest trade balance in low carbon technology products, us dollar recorded in Latvia?
- The lowest recorded value was -293.29 million in 2023.
- How does Latvia rank for trade balance in low carbon technology products, us dollar?
- Latvia ranks 80th out of 187 countries with data for 2024.
- Is trade balance in low carbon technology products, us dollar rising or falling in Latvia?
- Over the last ten years it is down 61.3%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Trade balance in low carbon technology products, US dollar (World). Statizoid updates them automatically from the source API.
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About this data
This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.