Exports of goods and services in Latvia
Latvia: Exports of goods and services was 21.36 billion constant 2015 US$ in 2025. ▲ Rising
Exports of goods and services in Latvia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Latvia recorded 21.36 billion constant 2015 US$ for exports of goods and services in 2025.
That represents a change of up 0.1% on the previous year and up 29.6% over ten years.
Over the whole period, exports of goods and services in Latvia peaked at 22.94 billion constant 2015 US$ in 2022 and was at its lowest, 3.90 billion constant 2015 US$, in 1995.
Latvia ranks 84th of 172 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Exports of goods and services in Latvia, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1995 | 3.90 billion constant 2015 US$ | — |
| 1996 | 4.62 billion constant 2015 US$ | +18.6% |
| 1997 | 5.21 billion constant 2015 US$ | +12.7% |
| 1998 | 5.46 billion constant 2015 US$ | +4.7% |
| 1999 | 5.11 billion constant 2015 US$ | -6.3% |
| 2000 | 5.84 billion constant 2015 US$ | +14.4% |
| 2001 | 6.35 billion constant 2015 US$ | +8.7% |
| 2002 | 6.66 billion constant 2015 US$ | +4.9% |
| 2003 | 6.94 billion constant 2015 US$ | +4.1% |
| 2004 | 7.90 billion constant 2015 US$ | +13.9% |
| 2005 | 9.77 billion constant 2015 US$ | +23.7% |
| 2006 | 10.50 billion constant 2015 US$ | +7.5% |
| 2007 | 11.96 billion constant 2015 US$ | +13.9% |
| 2008 | 12.25 billion constant 2015 US$ | +2.4% |
| 2009 | 10.66 billion constant 2015 US$ | -13.0% |
| 2010 | 12.12 billion constant 2015 US$ | +13.6% |
| 2011 | 13.63 billion constant 2015 US$ | +12.5% |
| 2012 | 14.92 billion constant 2015 US$ | +9.5% |
| 2013 | 15.02 billion constant 2015 US$ | +0.7% |
| 2014 | 16.00 billion constant 2015 US$ | +6.6% |
| 2015 | 16.49 billion constant 2015 US$ | +3.1% |
| 2016 | 17.13 billion constant 2015 US$ | +3.9% |
| 2017 | 18.24 billion constant 2015 US$ | +6.5% |
| 2018 | 19.03 billion constant 2015 US$ | +4.4% |
| 2019 | 18.93 billion constant 2015 US$ | -0.6% |
| 2020 | 18.87 billion constant 2015 US$ | -0.3% |
| 2021 | 20.59 billion constant 2015 US$ | +9.1% |
| 2022 | 22.94 billion constant 2015 US$ | +11.4% |
| 2023 | 21.33 billion constant 2015 US$ | -7.0% |
| 2024 | 21.35 billion constant 2015 US$ | +0.1% |
| 2025 | 21.36 billion constant 2015 US$ | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.86 billion constant 2015 US$ | 3.90 billion constant 2015 US$ | 5.46 billion constant 2015 US$ | 5 |
| 2000s | 8.89 billion constant 2015 US$ | 5.84 billion constant 2015 US$ | 12.25 billion constant 2015 US$ | 10 |
| 2010s | 16.15 billion constant 2015 US$ | 12.12 billion constant 2015 US$ | 19.03 billion constant 2015 US$ | 10 |
| 2020s | 21.07 billion constant 2015 US$ | 18.87 billion constant 2015 US$ | 22.94 billion constant 2015 US$ | 6 |
Countries ranked near Latvia
- 81 Libya 22.63 billion constant 2015 US$ compare
- 82 Tunisia 22.38 billion constant 2015 US$ compare
- 83 Uzbekistan 22.10 billion constant 2015 US$ compare
- 85 Kenya 18.43 billion constant 2015 US$ compare
- 86 Paraguay 17.63 billion constant 2015 US$ compare
- 87 Uruguay 17.16 billion constant 2015 US$ compare
More economy & growth data for Latvia
- Imports of goods and services (constant 2015 US$), annual growth rate 5.72 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.5233 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 13,770 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -219.63 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -206.16 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 7.48 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0355 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 933.65 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -3.16 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0183 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is exports of goods and services in Latvia?
- Exports of goods and services in Latvia was 21.36 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest exports of goods and services recorded in Latvia?
- The highest recorded value was 22.94 billion constant 2015 US$ in 2022.
- What is the lowest exports of goods and services recorded in Latvia?
- The lowest recorded value was 3.90 billion constant 2015 US$ in 1995.
- How does Latvia rank for exports of goods and services?
- Latvia ranks 84th out of 172 countries with data for 2025.
- Is exports of goods and services rising or falling in Latvia?
- Over the last ten years it is up 29.6%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Exports of goods and services (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.