Trade by partner country and enterprise size class in Latvia
Latvia: Trade by partner country and enterprise size class was 425,025 Thousand euro in 2024. ▲ Rising
Latest (2024)
425,025 Thousand euro
Change on year
down 9.6%
World rank
27th
of 32 countries
All-time high
470,182 Thousand euro
in 2023
All-time low
177,135 Thousand euro
in 2014
Years of data
8
2014–2024
Trade by partner country and enterprise size class in Latvia, 2014–2024
Source: Eurostat. Measured in Thousand euro.
Analysis
Latvia recorded 425,025 Thousand euro for trade by partner country and enterprise size class in 2024.
That represents a change of down 9.6% on the previous year and up 139.9% over ten years.
Over the whole period, trade by partner country and enterprise size class in Latvia peaked at 470,182 Thousand euro in 2023 and was at its lowest, 177,135 Thousand euro, in 2014.
That places Latvia 27th out of 32 countries with data for 2024, putting it in the bottom quarter.
Trade by partner country and enterprise size class in Latvia, year by year
| Year | Thousand euro | Change |
|---|---|---|
| 2014 | 177,135 Thousand euro | — |
| 2017 | 230,710 Thousand euro | +30.2% |
| 2019 | 231,485 Thousand euro | +0.3% |
| 2020 | 224,958 Thousand euro | -2.8% |
| 2021 | 362,613 Thousand euro | +61.2% |
| 2022 | 456,265 Thousand euro | +25.8% |
| 2023 | 470,182 Thousand euro | +3.1% |
| 2024 | 425,025 Thousand euro | -9.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 213,110 Thousand euro | 177,135 Thousand euro | 231,485 Thousand euro | 3 |
| 2020s | 387,809 Thousand euro | 224,958 Thousand euro | 470,182 Thousand euro | 5 |
Countries ranked near Latvia
More trade data for Latvia
- Exports and imports by counterpart area - quarterly data 7,201 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 1,835 (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 partner country and enterprise size class in Latvia?
- Trade by partner country and enterprise size class in Latvia was 425,025 Thousand euro in 2024, according to Eurostat.
- What is the highest trade by partner country and enterprise size class recorded in Latvia?
- The highest recorded value was 470,182 Thousand euro in 2023.
- What is the lowest trade by partner country and enterprise size class recorded in Latvia?
- The lowest recorded value was 177,135 Thousand euro in 2014.
- How does Latvia rank for trade by partner country and enterprise size class?
- Latvia ranks 27th out of 32 countries with data for 2024.
- Is trade by partner country and enterprise size class rising or falling in Latvia?
- Over the last ten years it is up 139.9%. 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 partner country and enterprise size class. Statizoid updates them automatically from the source API.
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