Exports of goods and services in Latvia
Latvia: Exports of goods and services was 20.73 billion constant LCU 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 LCU.
Analysis
Latvia recorded 20.73 billion constant LCU for exports of goods and services in 2025.
The figure is 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 22.26 billion constant LCU in 2022 and was at its lowest, 3.78 billion constant LCU, in 1995.
Latvia ranks 142nd of 179 countries on this measure, in the bottom quarter.
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 LCU | Change |
|---|---|---|
| 1995 | 3.78 billion constant LCU | — |
| 1996 | 4.48 billion constant LCU | +18.6% |
| 1997 | 5.06 billion constant LCU | +12.7% |
| 1998 | 5.29 billion constant LCU | +4.7% |
| 1999 | 4.96 billion constant LCU | -6.3% |
| 2000 | 5.67 billion constant LCU | +14.4% |
| 2001 | 6.16 billion constant LCU | +8.7% |
| 2002 | 6.47 billion constant LCU | +4.9% |
| 2003 | 6.73 billion constant LCU | +4.1% |
| 2004 | 7.67 billion constant LCU | +13.9% |
| 2005 | 9.48 billion constant LCU | +23.7% |
| 2006 | 10.19 billion constant LCU | +7.5% |
| 2007 | 11.61 billion constant LCU | +13.9% |
| 2008 | 11.89 billion constant LCU | +2.4% |
| 2009 | 10.35 billion constant LCU | -13.0% |
| 2010 | 11.76 billion constant LCU | +13.6% |
| 2011 | 13.22 billion constant LCU | +12.5% |
| 2012 | 14.48 billion constant LCU | +9.5% |
| 2013 | 14.57 billion constant LCU | +0.7% |
| 2014 | 15.53 billion constant LCU | +6.6% |
| 2015 | 16.00 billion constant LCU | +3.1% |
| 2016 | 16.63 billion constant LCU | +3.9% |
| 2017 | 17.70 billion constant LCU | +6.5% |
| 2018 | 18.47 billion constant LCU | +4.4% |
| 2019 | 18.37 billion constant LCU | -0.6% |
| 2020 | 18.31 billion constant LCU | -0.3% |
| 2021 | 19.98 billion constant LCU | +9.1% |
| 2022 | 22.26 billion constant LCU | +11.4% |
| 2023 | 20.70 billion constant LCU | -7.0% |
| 2024 | 20.72 billion constant LCU | +0.1% |
| 2025 | 20.73 billion constant LCU | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.71 billion constant LCU | 3.78 billion constant LCU | 5.29 billion constant LCU | 5 |
| 2000s | 8.62 billion constant LCU | 5.67 billion constant LCU | 11.89 billion constant LCU | 10 |
| 2010s | 15.67 billion constant LCU | 11.76 billion constant LCU | 18.47 billion constant LCU | 10 |
| 2020s | 20.45 billion constant LCU | 18.31 billion constant LCU | 22.26 billion constant LCU | 6 |
Countries ranked near Latvia
- 139 Seychelles 23.55 billion constant LCU compare
- 140 Estonia 23.25 billion constant LCU compare
- 141 Oman 22.83 billion constant LCU compare
- 143 Bosnia and Herzegovina 18.67 billion constant LCU compare
- 144 Brunei Darussalam 14.30 billion constant LCU compare
- 145 Bahrain 13.35 billion constant LCU 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 20.73 billion constant LCU 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 22.26 billion constant LCU in 2022.
- What is the lowest exports of goods and services recorded in Latvia?
- The lowest recorded value was 3.78 billion constant LCU in 1995.
- How does Latvia rank for exports of goods and services?
- Latvia ranks 142nd out of 179 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 LCU). 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 varies by country. This series is expressed in local currency units.