Exports of goods and services in Latvia
Latvia: Exports of goods and services was 26.92 billion current LCU in 2025. ◆ Volatile
Exports of goods and services in Latvia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for exports of goods and services in Latvia is 26.92 billion current LCU, measured in 2025.
That represents a change of up 2.1% on the previous year and up 81.1% over ten years.
Over the whole period, exports of goods and services in Latvia peaked at 27.97 billion current LCU in 2022 and was at its lowest, 1.40 billion current LCU, in 1995.
Latvia ranks 153rd of 192 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services in Latvia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 1.40 billion current LCU | — |
| 1996 | 1.89 billion current LCU | +34.9% |
| 1997 | 2.14 billion current LCU | +13.2% |
| 1998 | 2.36 billion current LCU | +10.2% |
| 1999 | 2.20 billion current LCU | -6.9% |
| 2000 | 2.53 billion current LCU | +15.0% |
| 2001 | 2.84 billion current LCU | +12.4% |
| 2002 | 3.07 billion current LCU | +8.2% |
| 2003 | 3.45 billion current LCU | +12.3% |
| 2004 | 4.32 billion current LCU | +25.1% |
| 2005 | 5.87 billion current LCU | +36.0% |
| 2006 | 6.84 billion current LCU | +16.4% |
| 2007 | 8.69 billion current LCU | +27.1% |
| 2008 | 9.63 billion current LCU | +10.8% |
| 2009 | 8.02 billion current LCU | -16.7% |
| 2010 | 9.63 billion current LCU | +20.1% |
| 2011 | 11.81 billion current LCU | +22.6% |
| 2012 | 13.47 billion current LCU | +14.0% |
| 2013 | 13.74 billion current LCU | +2.0% |
| 2014 | 14.49 billion current LCU | +5.5% |
| 2015 | 14.86 billion current LCU | +2.6% |
| 2016 | 15.17 billion current LCU | +2.1% |
| 2017 | 16.69 billion current LCU | +10.0% |
| 2018 | 17.98 billion current LCU | +7.8% |
| 2019 | 18.49 billion current LCU | +2.8% |
| 2020 | 18.31 billion current LCU | -1.0% |
| 2021 | 21.57 billion current LCU | +17.8% |
| 2022 | 27.97 billion current LCU | +29.7% |
| 2023 | 26.11 billion current LCU | -6.7% |
| 2024 | 26.37 billion current LCU | +1.0% |
| 2025 | 26.92 billion current LCU | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.00 billion current LCU | 1.40 billion current LCU | 2.36 billion current LCU | 5 |
| 2000s | 5.52 billion current LCU | 2.53 billion current LCU | 9.63 billion current LCU | 10 |
| 2010s | 14.63 billion current LCU | 9.63 billion current LCU | 18.49 billion current LCU | 10 |
| 2020s | 24.54 billion current LCU | 18.31 billion current LCU | 27.97 billion current LCU | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Manufacturing, value added (constant LCU), per capita 1,898 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.34 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1868 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 4,916 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 6.65 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.1654 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 4,351 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 4.38 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1132 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 2,979 constant 2015 US$ per person (2025)
Frequently asked questions
- What is exports of goods and services in Latvia?
- Exports of goods and services in Latvia was 26.92 billion current 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 27.97 billion current LCU in 2022.
- What is the lowest exports of goods and services recorded in Latvia?
- The lowest recorded value was 1.40 billion current LCU in 1995.
- How does Latvia rank for exports of goods and services?
- Latvia ranks 153rd out of 192 countries with data for 2025.
- Is exports of goods and services rising or falling in Latvia?
- Over the last ten years it is up 81.1%. The long-run trend across the full record is volatile.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.