Latvia vs Montenegro: Net trade in goods
Latvia
-4.49 billion BoP, current US$
in 2025
Montenegro
-4.24 billion BoP, current US$
in 2025
Latvia rank
146th
Montenegro rank
145th
Net trade in goods over time
- Latvia
- Montenegro
How they compare
Montenegro currently reports -4.24 billion BoP, current US$ against -4.49 billion BoP, current US$ in Latvia, a difference of 249.62 million BoP, current US$.
The two have swapped places 4 times across 19 shared years of data; in 2007 it was Montenegro ahead.
Latvia ranks 146th and Montenegro ranks 145th of 199 countries.
Montenegro has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latvia | Montenegro | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -5.29 billion BoP, current US$ | -2.34 billion BoP, current US$ | 2.95 billion BoP, current US$ | Montenegro |
| 2010s | -3.03 billion BoP, current US$ | -1.92 billion BoP, current US$ | 1.11 billion BoP, current US$ | Montenegro |
| 2020s | -3.51 billion BoP, current US$ | -3.00 billion BoP, current US$ | 514.58 million BoP, current US$ | Montenegro |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods, Latvia or Montenegro?
- Montenegro, at -4.24 billion BoP, current US$ against -4.49 billion BoP, current US$ in Latvia as of 2025.
- What is the difference in net trade in goods between Latvia and Montenegro?
- 249.62 million BoP, current US$, with Montenegro ahead.
- How many years of comparable data are there for Latvia and Montenegro?
- 19 years are reported by both, from 2007 to 2025.
- How do Latvia and Montenegro rank globally for net trade in goods?
- Latvia ranks 146th and Montenegro ranks 145th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods is the difference between the exports and imports of goods. 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.