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

Latest (2024)
16.72 million Thousand euro
Change on year
down 4.8%
World rank
33rd
of 39 countries
All-time high
19.47 million Thousand euro
in 2022
All-time low
10.02 million Thousand euro
in 2016
Years of data
13
2012–2024

Trade by number of partner countries and NACE Rev. 2 activity in Latvia, 2012–2024

05.0M10.0M15.0M20.0M2012201820242012: 10.1M Thousand euro2013: 10.4M Thousand euro2014: 10.6M Thousand euro2015: 10.1M Thousand euro2016: 10.0M Thousand euro2017: 11.2M Thousand euro2018: 11.3M Thousand euro2019: 11.9M Thousand euro2020: 10.9M Thousand euro2021: 13.5M Thousand euro2022: 19.5M Thousand euro2023: 17.6M Thousand euro2024: 16.7M Thousand euro

Source: Eurostat. Measured in Thousand euro.

Analysis

Latvia recorded 16.72 million Thousand euro for trade by number of partner countries and nace rev. 2 activity in 2024.

That represents a change of 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.

That places Latvia 33rd out of 39 countries with data for 2024, putting it 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

Annual values for Trade by number of partner countries and NACE Rev. 2 activity in Latvia, 2012 to 2024.
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

DecadeAverage LowestHighest 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

  1. 30 Lithuania 25.63 million Thousand euro compare
  2. 30 Lithuania 25.63 million Thousand euro compare
  3. 32 Luxembourg 21.61 million Thousand euro compare
  4. 33 Latvia 16.72 million Thousand euro compare
  5. 35 Estonia 16.13 million Thousand euro compare
  6. 35 Estonia 16.13 million Thousand euro compare

See the full ranking of 39 places →

More trade data for Latvia

All data for Latvia →

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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Trade by number of partner countries and NACE Rev. 2 activity in Latvia. Statizoid, drawing on Eurostat. Retrieved 01 September 2026, from https://trade.statizoid.com/stat/trade-by-number-of-partner-countries-and-nace-rev-2-activity/latvia/

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About this data

Indicator
Trade by number of partner countries and NACE Rev. 2 activity
Unit
Thousand euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
39 places, 476 data points, 2012–2024
Last refreshed