Trade in services with the top 5 partners in Latvia
Latvia: Trade in services with the top 5 partners was 37.5% in 2025. ▲ Rising
Latest (2025)
37.5%
Change on year
down 1.6%
World rank
30th
of 35 countries
All-time high
42.9%
in 2014
All-time low
32.3%
in 2010
Years of data
16
2010–2025
Trade in services with the top 5 partners in Latvia, 2010–2025
Source: Eurostat. Measured in Percentage.
Analysis
In 2025, trade in services with the top 5 partners in Latvia stood at 37.5%.
The figure is down 1.6% on the previous year and down 9.6% over ten years.
Over the whole period, trade in services with the top 5 partners in Latvia peaked at 42.9% in 2014 and was at its lowest, 32.3%, in 2010.
That places Latvia 30th out of 35 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Trade in services with the top 5 partners in Latvia, year by year
| Year | Percentage | Change |
|---|---|---|
| 2010 | 32.3% | — |
| 2011 | 33.6% | +4.0% |
| 2012 | 34.3% | +2.1% |
| 2013 | 35.2% | +2.6% |
| 2014 | 42.9% | +21.9% |
| 2015 | 41.5% | -3.3% |
| 2016 | 39.7% | -4.3% |
| 2017 | 40.6% | +2.3% |
| 2018 | 40.3% | -0.7% |
| 2019 | 41.3% | +2.5% |
| 2020 | 38.1% | -7.7% |
| 2021 | 37.1% | -2.6% |
| 2022 | 37.8% | +1.9% |
| 2023 | 39.2% | +3.7% |
| 2024 | 38.1% | -2.8% |
| 2025 | 37.5% | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 38.2% | 32.3% | 42.9% | 10 |
| 2020s | 38.0% | 37.1% | 39.2% | 6 |
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 in services with the top 5 partners in Latvia?
- Trade in services with the top 5 partners in Latvia was 37.5% in 2025, according to Eurostat.
- What is the highest trade in services with the top 5 partners recorded in Latvia?
- The highest recorded value was 42.9% in 2014.
- What is the lowest trade in services with the top 5 partners recorded in Latvia?
- The lowest recorded value was 32.3% in 2010.
- How does Latvia rank for trade in services with the top 5 partners?
- Latvia ranks 30th out of 35 countries with data for 2025.
- Is trade in services with the top 5 partners rising or falling in Latvia?
- Over the last ten years it is down 9.6%. 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 in services with the top 5 partners. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (Eurostat).