Trade by number of partner countries and NACE Rev. 2 activity in Latvia
Latvia: Trade by number of partner countries and NACE Rev. 2 activity was 16.72 million Thousand euro in 2024. ▲ Rising
Trade by number of partner countries and NACE Rev. 2 activity in Latvia, 2012–2024
Source: Eurostat. Measured in Thousand euro.
Analysis
The most recent figure for trade by number of partner countries and nace rev. 2 activity in Latvia is 16.72 million Thousand euro, measured in 2024.
The figure is down 4.8% on the previous year and up 57.9% over ten years.
Over the whole period, trade by number of partner countries and nace rev. 2 activity in Latvia peaked at 19.47 million Thousand euro in 2022 and was at its lowest, 10.02 million Thousand euro, in 2016.
Latvia ranks 33rd of 39 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Trade by number of partner countries and NACE Rev. 2 activity in Latvia, year by year
| Year | Thousand euro | Change |
|---|---|---|
| 2012 | 10.13 million Thousand euro | — |
| 2013 | 10.39 million Thousand euro | +2.6% |
| 2014 | 10.59 million Thousand euro | +1.9% |
| 2015 | 10.07 million Thousand euro | -4.9% |
| 2016 | 10.02 million Thousand euro | -0.5% |
| 2017 | 11.22 million Thousand euro | +12.0% |
| 2018 | 11.31 million Thousand euro | +0.8% |
| 2019 | 11.85 million Thousand euro | +4.8% |
| 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% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 10.70 million Thousand euro | 10.02 million Thousand euro | 11.85 million Thousand euro | 8 |
| 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
- Exports and imports by counterpart area - quarterly data 6,710 Current prices, million euro (2026)
- Exports and imports by counterpart area - annual data 26,923 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 14.8 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 1,803 (2026)
- Intra and extra-EU trade in sporting goods by product 88,921 Thousand euro (2025)
- Intra and extra-EU trade in sporting goods by product and partner 16,356 Thousand euro (2025)
Frequently asked questions
- What is trade by number of partner countries and nace rev. 2 activity in Latvia?
- Trade by number of partner countries and nace rev. 2 activity in Latvia was 16.72 million Thousand euro in 2024, according to Eurostat.
- What is the highest trade by number of partner countries and nace rev. 2 activity recorded in Latvia?
- The highest recorded value was 19.47 million Thousand euro in 2022.
- What is the lowest trade by number of partner countries and nace rev. 2 activity recorded in Latvia?
- The lowest recorded value was 10.02 million Thousand euro in 2016.
- How does Latvia rank for trade by number of partner countries and nace rev. 2 activity?
- Latvia ranks 33rd out of 39 countries with data for 2024.
- Is trade by number of partner countries and nace rev. 2 activity rising or falling in Latvia?
- Over the last ten years it is up 57.9%. 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 number of partner countries and NACE Rev. 2 activity. Statizoid updates them automatically from the source API.
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