Estonia vs Latvia: Goods imports

Estonia
24.37 billion BoP, current US$
in 2025
Latvia
25.60 billion BoP, current US$
in 2025
Estonia rank
76th
Latvia rank
74th

Goods imports over time

  • Estonia
  • Latvia
010.0B20.0B30.0B199220082025

How they compare

Latvia currently reports 25.60 billion BoP, current US$ against 24.37 billion BoP, current US$ in Estonia, a difference of 1.23 billion BoP, current US$.

That makes Latvia's figure about 1.1 times Estonia's.

The two have swapped places 4 times across 34 shared years of data; in 1992 it was Latvia ahead.

Estonia ranks 76th and Latvia ranks 74th of 199 countries.

Across the 4 decades both report, Estonia averaged higher in 1 and Latvia in 3.

Head to head by decade

Decade Estonia Latvia Difference Ahead
1990s 1.99 billion BoP, current US$ 1.88 billion BoP, current US$ 109.04 million BoP, current US$ Estonia
2000s 7.38 billion BoP, current US$ 7.74 billion BoP, current US$ 357.20 million BoP, current US$ Latvia
2010s 14.62 billion BoP, current US$ 15.56 billion BoP, current US$ 930.72 million BoP, current US$ Latvia
2020s 21.61 billion BoP, current US$ 23.13 billion BoP, current US$ 1.52 billion BoP, current US$ Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods imports, Estonia or Latvia?
Latvia, at 25.60 billion BoP, current US$ against 24.37 billion BoP, current US$ in Estonia as of 2025.
What is the difference in goods imports between Estonia and Latvia?
1.23 billion BoP, current US$, with Latvia ahead.
How many years of comparable data are there for Estonia and Latvia?
34 years are reported by both, from 1992 to 2025.
How do Estonia and Latvia rank globally for goods imports?
Estonia ranks 76th and Latvia ranks 74th of 199 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods imports (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Estonia vs Latvia: Goods imports. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 23 August 2026, from https://economy.statizoid.com/compare/goods-imports-bop-current-us/estonia/latvia/

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About this data

Indicator
Goods imports (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
246 places, 9,762 data points, 1960–2025
Last refreshed

Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.