Imports by region of origin in Latvia
Latvia: Imports by region of origin was 286.69 million current US$ in 2024. ◆ Volatile
Latest (2024)
286.69 million current US$
Change on year
down 2.9%
World rank
135th
of 210 countries
All-time high
448.86 million current US$
in 2017
All-time low
16.96 million current US$
in 1993
Years of data
33
1992–2024
Imports by region of origin in Latvia, 1992–2024
Source: International Monetary Fund (2025) – with major processing by Our World in Data. Measured in current US$.
Analysis
In 2024, imports by region of origin in Latvia stood at 286.69 million current US$.
The figure is down 2.9% on the previous year and up 134.6% over ten years.
Over the whole period, imports by region of origin in Latvia peaked at 448.86 million current US$ in 2017 and was at its lowest, 16.96 million current US$, in 1993.
That places Latvia 135th out of 210 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports by region of origin in Latvia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1992 | 63.11 million current US$ | — |
| 1993 | 16.96 million current US$ | -73.1% |
| 1994 | 44.70 million current US$ | +163.5% |
| 1995 | 39.49 million current US$ | -11.7% |
| 1996 | 76.04 million current US$ | +92.6% |
| 1997 | 86.02 million current US$ | +13.1% |
| 1998 | 79.37 million current US$ | -7.7% |
| 1999 | 67.42 million current US$ | -15.0% |
| 2000 | 71.66 million current US$ | +6.3% |
| 2001 | 73.97 million current US$ | +3.2% |
| 2002 | 72.23 million current US$ | -2.4% |
| 2003 | 104.32 million current US$ | +44.4% |
| 2004 | 107.75 million current US$ | +3.3% |
| 2005 | 115.12 million current US$ | +6.8% |
| 2006 | 129.69 million current US$ | +12.7% |
| 2007 | 203.63 million current US$ | +57.0% |
| 2008 | 188.34 million current US$ | -7.5% |
| 2009 | 93.02 million current US$ | -50.6% |
| 2010 | 137.47 million current US$ | +47.8% |
| 2011 | 125.74 million current US$ | -8.5% |
| 2012 | 139.94 million current US$ | +11.3% |
| 2013 | 129.77 million current US$ | -7.3% |
| 2014 | 122.22 million current US$ | -5.8% |
| 2015 | 123.08 million current US$ | +0.7% |
| 2016 | 175.38 million current US$ | +42.5% |
| 2017 | 448.86 million current US$ | +155.9% |
| 2018 | 279.82 million current US$ | -37.7% |
| 2019 | 240.51 million current US$ | -14.0% |
| 2020 | 202.85 million current US$ | -15.7% |
| 2021 | 282.49 million current US$ | +39.3% |
| 2022 | 333.59 million current US$ | +18.1% |
| 2023 | 295.27 million current US$ | -11.5% |
| 2024 | 286.69 million current US$ | -2.9% |
Latvia compared with similar countries
- Latvia's 286.69 million current US$ is below the median for high income countries, which is 2.57 billion current US$, 11% of the median. (74 countries reporting)
- Latvia's 286.69 million current US$ is below the median for Europe & Central Asia, which is 1.85 billion current US$, 16% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Imports by region of origin in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +163.5% | 16.96 million current US$ | 44.70 million current US$ |
| 2017 | +155.9% | 175.38 million current US$ | 448.86 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 59.14 million current US$ | 16.96 million current US$ | 86.02 million current US$ | 8 |
| 2000s | 115.97 million current US$ | 71.66 million current US$ | 203.63 million current US$ | 10 |
| 2010s | 192.28 million current US$ | 122.22 million current US$ | 448.86 million current US$ | 10 |
| 2020s | 280.18 million current US$ | 202.85 million current US$ | 333.59 million current US$ | 5 |
Countries ranked near Latvia
- 132 Kyrgyzstan 302.40 million current US$ compare
- 133 Saint Vincent and the Grenadines 301.61 million current US$ compare
- 134 Albania 295.13 million current US$ compare
- 136 Uganda 286.37 million current US$ compare
- 137 Botswana 284.74 million current US$ compare
- 138 Iran 271.86 million current US$ compare
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
Frequently asked questions
- What is imports by region of origin in Latvia?
- Imports by region of origin in Latvia was 286.69 million current US$ in 2024, according to International Monetary Fund (2025) – with major processing by Our World in Data.
- What is the highest imports by region of origin recorded in Latvia?
- The highest recorded value was 448.86 million current US$ in 2017.
- What is the lowest imports by region of origin recorded in Latvia?
- The lowest recorded value was 16.96 million current US$ in 1993.
- How does Latvia rank for imports by region of origin?
- Latvia ranks 135th out of 210 countries with data for 2024.
- Is imports by region of origin rising or falling in Latvia?
- Over the last ten years it is up 134.6%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund (2025) – with major processing by Our World in Data, published as part of Imports by region of origin. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total value of goods a country imports from North America in US dollars, including freight and insurance costs. This data is not adjusted for inflation.