Latvia vs Tanzania: Net trade in goods
Latvia
-4.49 billion BoP, current US$
in 2025
Tanzania
-5.07 billion BoP, current US$
in 2024
Latvia rank
146th
Tanzania rank
148th
Net trade in goods over time
- Latvia
- Tanzania
How they compare
Latvia currently reports -4.49 billion BoP, current US$ against -5.07 billion BoP, current US$ in Tanzania, a difference of 579.65 million BoP, current US$.
The two have swapped places 6 times across 33 shared years of data; in 1992 it was Latvia ahead.
Latvia ranks 146th and Tanzania ranks 148th of 199 countries.
Across the 4 decades both report, Latvia averaged higher in 3 and Tanzania in 1.
Head to head by decade
| Decade | Latvia | Tanzania | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -637.32 million BoP, current US$ | -704.68 million BoP, current US$ | 67.36 million BoP, current US$ | Latvia |
| 2000s | -3.31 billion BoP, current US$ | -1.54 billion BoP, current US$ | 1.76 billion BoP, current US$ | Tanzania |
| 2010s | -3.03 billion BoP, current US$ | -3.91 billion BoP, current US$ | 880.50 million BoP, current US$ | Latvia |
| 2020s | -3.31 billion BoP, current US$ | -4.56 billion BoP, current US$ | 1.25 billion BoP, current US$ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods, Latvia or Tanzania?
- Latvia, at -4.49 billion BoP, current US$ against -5.07 billion BoP, current US$ in Tanzania as of 2025.
- What is the difference in net trade in goods between Latvia and Tanzania?
- 579.65 million BoP, current US$, with Latvia ahead.
- How many years of comparable data are there for Latvia and Tanzania?
- 33 years are reported by both, from 1992 to 2024.
- How do Latvia and Tanzania rank globally for net trade in goods?
- Latvia ranks 146th and Tanzania ranks 148th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods (BoP, current US$). 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.