Latvia vs Malawi: Net trade in goods and services

Latvia

-2.24 billion BoP, current US$

in 2025

Malawi

-2.39 billion BoP, current US$

in 2024

Latvia rank

145th

Malawi rank

148th

Net trade in goods and services over time

Latvia
Malawi

How they compare

Latvia currently reports -2.24 billion BoP, current US$ against -2.39 billion BoP, current US$ in Malawi, a difference of 144.92 million BoP, current US$.

The two have swapped places 4 times across 33 shared years of data; in 1992 it was Latvia ahead.

Globally, Latvia ranks 145th and Malawi ranks 148th of 199 countries.

Individual pages

About this data

Indicator: Net trade in goods and services (BoP, current US$)
Unit: BoP, current US$
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 200 places, 7,808 data points, 1960–2025
Last refreshed: 06 August 2026

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.