Trade by type of ownership in Latvia
Latvia: Trade by type of ownership was 16.72 million Thousand euro in 2024. ▲ Rising
Latest (2024)
16.72 million Thousand euro
Change on year
down 4.8%
World rank
26th
of 29 countries
All-time high
19.47 million Thousand euro
in 2022
All-time low
10.59 million Thousand euro
in 2014
Years of data
7
2014–2024
Trade by type of ownership in Latvia, 2014–2024
Source: Eurostat. Measured in Thousand euro.
Analysis
The most recent figure for trade by type of ownership 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 57.9% over ten years.
Over the whole period, trade by type of ownership in Latvia peaked at 19.47 million Thousand euro in 2022 and was at its lowest, 10.59 million Thousand euro, in 2014.
That places Latvia 26th out of 29 countries with data for 2024, putting it in the bottom quarter.
Trade by type of ownership in Latvia, year by year
| Year | Thousand euro | Change |
|---|---|---|
| 2014 | 10.59 million Thousand euro | — |
| 2019 | 11.85 million Thousand euro | +11.9% |
| 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 | 11.22 million Thousand euro | 10.59 million Thousand euro | 11.85 million Thousand euro | 2 |
| 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 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 type of ownership in Latvia?
- Trade by type of ownership in Latvia was 16.72 million Thousand euro in 2024, according to Eurostat.
- What is the highest trade by type of ownership recorded in Latvia?
- The highest recorded value was 19.47 million Thousand euro in 2022.
- What is the lowest trade by type of ownership recorded in Latvia?
- The lowest recorded value was 10.59 million Thousand euro in 2014.
- How does Latvia rank for trade by type of ownership?
- Latvia ranks 26th out of 29 countries with data for 2024.
- Is trade by type of ownership 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 type of ownership. Statizoid updates them automatically from the source API.
Download this data
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