Trade by NACE Rev. 2 activity sector in Latvia
Latvia: Trade by NACE Rev. 2 activity sector was 16.72 million Thousand euro in 2024. ▲ Rising
Latest (2024)
16.72 million Thousand euro
Change on year
down 4.8%
World rank
25th
of 27 countries
All-time high
19.47 million Thousand euro
in 2022
All-time low
10.91 million Thousand euro
in 2020
Years of data
6
2019–2024
Trade by NACE Rev. 2 activity sector in Latvia, 2019–2024
Source: Eurostat. Measured in Thousand euro.
Analysis
The most recent figure for trade by nace rev. 2 activity sector in Latvia is 16.72 million Thousand euro, measured in 2024.
Compared with earlier readings it is down 4.8% on the previous year and up 41.1% over ten years.
That places Latvia 25th out of 27 countries with data for 2024, putting it in the bottom quarter.
Trade by NACE Rev. 2 activity sector in Latvia, year by year
| Year | Thousand euro | Change |
|---|---|---|
| 2019 | 11.85 million Thousand euro | — |
| 2020 | 10.91 million Thousand euro | -7.9% |
| 2021 | 13.49 million Thousand euro | +23.6% |
| 2022 | 19.47 million Thousand euro | +44.3% |
| 2023 | 17.57 million Thousand euro | -9.8% |
| 2024 | 16.72 million Thousand euro | -4.8% |
Latvia compared with similar countries
- Latvia's 16.72 million Thousand euro is below the median for Europe & Central Asia, which is 90.48 million Thousand euro, 18% of the median. (19 countries reporting)
- Latvia's 16.72 million Thousand euro is below the median for high income countries, which is 84.16 million Thousand euro, 20% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 11.85 million Thousand euro | 11.85 million Thousand euro | 11.85 million Thousand euro | 1 |
| 2020s | 15.63 million Thousand euro | 10.91 million Thousand euro | 19.47 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 trade by nace rev. 2 activity sector in Latvia?
- Trade by nace rev. 2 activity sector in Latvia was 16.72 million Thousand euro in 2024, according to Eurostat.
- What is the highest trade by nace rev. 2 activity sector recorded in Latvia?
- The highest recorded value was 19.47 million Thousand euro in 2022.
- What is the lowest trade by nace rev. 2 activity sector recorded in Latvia?
- The lowest recorded value was 10.91 million Thousand euro in 2020.
- How does Latvia rank for trade by nace rev. 2 activity sector?
- Latvia ranks 25th out of 27 countries with data for 2024.
- Is trade by nace rev. 2 activity sector rising or falling in Latvia?
- Over the last ten years it is up 41.1%. 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 Trade by NACE Rev. 2 activity sector. Statizoid updates them automatically from the source API.
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