Trade in goods with the top 5 partners in Latvia
Latvia: Trade in goods with the top 5 partners was 51.8% in 2025. ▼ Falling
Latest (2025)
51.8%
Change on year
up 1.8%
World rank
15th
of 47 countries
All-time high
57.0%
in 2013
All-time low
50.9%
in 2023
Years of data
14
2012–2025
Trade in goods with the top 5 partners in Latvia, 2012–2025
Source: Eurostat. Measured in Percentage.
Analysis
In 2025, trade in goods with the top 5 partners in Latvia stood at 51.8%.
Compared with earlier readings it is up 1.8% on the previous year and down 5.1% over ten years.
Over the whole period, trade in goods with the top 5 partners in Latvia peaked at 57.0% in 2013 and was at its lowest, 50.9%, in 2023.
Latvia ranks 15th of 47 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Trade in goods with the top 5 partners in Latvia, year by year
| Year | Percentage | Change |
|---|---|---|
| 2012 | 56.2% | — |
| 2013 | 57.0% | +1.4% |
| 2014 | 56.1% | -1.6% |
| 2015 | 54.6% | -2.7% |
| 2016 | 54.0% | -1.1% |
| 2017 | 53.2% | -1.5% |
| 2018 | 53.4% | +0.4% |
| 2019 | 52.6% | -1.5% |
| 2020 | 51.2% | -2.7% |
| 2021 | 53.0% | +3.5% |
| 2022 | 54.9% | +3.6% |
| 2023 | 50.9% | -7.3% |
| 2024 | 50.9% | +0.0% |
| 2025 | 51.8% | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 54.6% | 52.6% | 57.0% | 8 |
| 2020s | 52.1% | 50.9% | 54.9% | 6 |
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 in goods with the top 5 partners in Latvia?
- Trade in goods with the top 5 partners in Latvia was 51.8% in 2025, according to Eurostat.
- What is the highest trade in goods with the top 5 partners recorded in Latvia?
- The highest recorded value was 57.0% in 2013.
- What is the lowest trade in goods with the top 5 partners recorded in Latvia?
- The lowest recorded value was 50.9% in 2023.
- How does Latvia rank for trade in goods with the top 5 partners?
- Latvia ranks 15th out of 47 countries with data for 2025.
- Is trade in goods with the top 5 partners rising or falling in Latvia?
- Over the last ten years it is down 5.1%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Trade in goods with the top 5 partners. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (Eurostat).