Latvia vs Palestine, State of: Net trade in goods

Latvia
-4.49 billion BoP, current US$
in 2025
Palestine, State of
-4.83 billion BoP, current US$
in 2025
Latvia rank
146th
Palestine, State of rank
147th

Net trade in goods over time

  • Latvia
  • Palestine, State of
-8.0B-6.0B-4.0B-2.0B0199220082025

How they compare

Latvia currently reports -4.49 billion BoP, current US$ against -4.83 billion BoP, current US$ in Palestine, State of, a difference of 339.30 million BoP, current US$.

The two have swapped places 2 times across 31 shared years of data; in 1995 it was Latvia ahead.

Latvia ranks 146th and Palestine, State of ranks 147th of 200 countries.

Across the 4 decades both report, Latvia averaged higher in 3 and Palestine, State of in 1.

Head to head by decade

Decade Latvia Palestine, State of Difference Ahead
1990s -952.15 million BoP, current US$ -2.31 billion BoP, current US$ 1.36 billion BoP, current US$ Latvia
2000s -3.31 billion BoP, current US$ -2.33 billion BoP, current US$ 974.43 million BoP, current US$ Palestine, State of
2010s -3.03 billion BoP, current US$ -4.61 billion BoP, current US$ 1.58 billion BoP, current US$ Latvia
2020s -3.51 billion BoP, current US$ -5.80 billion BoP, current US$ 2.29 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 Palestine, State of?
Latvia, at -4.49 billion BoP, current US$ against -4.83 billion BoP, current US$ in Palestine, State of as of 2025.
What is the difference in net trade in goods between Latvia and Palestine, State of?
339.30 million BoP, current US$, with Latvia ahead.
How many years of comparable data are there for Latvia and Palestine, State of?
31 years are reported by both, from 1995 to 2025.
How do Latvia and Palestine, State of rank globally for net trade in goods?
Latvia ranks 146th and Palestine, State of ranks 147th of 200 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Palestine, State of: Net trade in goods. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 09 September 2026, from https://economy.statizoid.com/compare/net-trade-in-goods-bop-current-us/latvia/west-bank-and-gaza/

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About this data

Indicator
Net trade in goods (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
201 places, 7,829 data points, 1960–2025
Last refreshed

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.