Latvia's exports rose from US$2.41B in 1996 to US$30.4B in 2025.
Latvia · Trade
Exports, imports, balances, openness and composition.
21 indicators · 21 with data
Latvia's imports rose from US$2.95B in 1996 to US$32.6B in 2025.
Latvia's merchandise exports (current us$) rose from US$1.44B in 1996 to US$22.1B in 2025.
Latvia's merchandise imports (current us$) rose from US$2.32B in 1996 to US$26.3B in 2025.
Latvia's services exports rose from US$1.19B in 1996 to US$9.33B in 2025.
Latvia's trade balance fell from US$-538M in 1996 to US$-2.23B in 2025.
Latvia's current account balance (us$) fell from US$-280M in 1996 to US$-1.64B in 2025.
Latest values — expand for the charts.
- Exports of goods and services (% of GDP)down −2.3 pts28th of 138
- Imports of goods and services (% of GDP)up +0.7 pts28th of 138
- Trade opennessdown −1.6 pts28th of 138
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- Current accountdown −1.8 pts70th of 101
- FDI inflowsdown −2.9 pts73rd of 97
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- High-tech exportsdown −1.1 pts38th of 125
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- Fuel exports (% of merchandise exports)up +1.2 pts11th of 24
- Food exports (% of merchandise exports)down −0.5 pts8th of 24
- Manufactures exports (% of merchandise exports)down −0.9 pts11th of 24
- Ores and metals exports (% of merchandise exports)down −0.1 pts20th of 24
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- Net barter terms of trade indexup +0.8 pts91st of 203
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- Tariffsdown −0.1 pts101st of 143
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- FDI outflowsup +0.1 pts44th of 91
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- Logistics performance index, overallup +24.6 %33rd of 138