European Union (27 countries) vs Latvia: Africa's Development Dynamics (AfDD) Table 28 - International trade
Africa's Development Dynamics (AfDD) Table 28 - International trade over time
- European Union (27 countries)
- Latvia
How they compare
Latvia currently reports 52.21 Percentage of merchandise value against 49.19 Percentage of merchandise value in European Union (27 countries), a difference of 3.02 Percentage of merchandise value.
That makes Latvia's figure about 1.1 times European Union (27 countries)'s.
The two have swapped places 6 times across 21 shared years of data; in 2000 it was Latvia ahead.
European Union (27 countries) ranks 41st and Latvia ranks 40th of 46 regions.
Across the 3 decades both report, European Union (27 countries) averaged higher in 1 and Latvia in 2.
Head to head by decade
| Decade | European Union (27 countries) | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 52.16 Percentage of merchandise value | 60.02 Percentage of merchandise value | 7.87 Percentage of merchandise value | Latvia |
| 2010s | 48.76 Percentage of merchandise value | 47.49 Percentage of merchandise value | 1.27 Percentage of merchandise value | European Union (27 countries) |
| 2020s | 49.19 Percentage of merchandise value | 52.21 Percentage of merchandise value | 3.02 Percentage of merchandise value | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher africa's development dynamics (afdd) table 28 - international trade, European Union (27 countries) or Latvia?
- Latvia, at 52.21 Percentage of merchandise value against 49.19 Percentage of merchandise value in European Union (27 countries) as of 2020.
- What is the difference in africa's development dynamics (afdd) table 28 - international trade between European Union (27 countries) and Latvia?
- 3.02 Percentage of merchandise value, with Latvia ahead.
- How many years of comparable data are there for European Union (27 countries) and Latvia?
- 21 years are reported by both, from 2000 to 2020.
- How do European Union (27 countries) and Latvia rank globally for africa's development dynamics (afdd) table 28 - international trade?
- European Union (27 countries) ranks 41st and Latvia ranks 40th of 46 regions.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Africa's Development Dynamics (AfDD) Table 28 - International trade costs — Average cost of trade within continent, manufactured goods. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 28 shows the average cost of importing and exporting goods calculated as a percentage of the value of goods traded, broken down by the origin and destination of the trade, whether it is with bordering countries, with countries in the same region, or the same continent.