Private Sector in Latvia

89 indicators covering private sector for Latvia.

IndicatorLatest Year10-yr change Rank
Merchandise trade 99.6% 2025 down 2.9% 27th
Food imports 17.9% 2025 up 24.9% 78th
Manufactures imports 60.8% 2025 down 5.9% 107th
Merchandise imports 26.28 billion current US$ 2025 up 78.6% 78th
Food exports 22.1% 2025 up 24.3% 79th
Manufactures exports 54.2% 2025 down 7.5% 70th
Merchandise exports 22.12 billion current US$ 2025 up 80.1% 79th
Commercial service exports 9.28 billion current US$ 2025 up 90.8% 73rd
Transport services 23.1% 2025 down 31.8% 133rd
Computer, communications and other services 53.3% 2025 up 53.6% 40th
Commercial service imports 7.05 billion current US$ 2025 up 171.1% 78th
Computer, communications and other services 52.3% 2025 up 94.5% 50th
Travel services 17.0% 2025 down 7.3% 148th
Travel services 20.6% 2025 down 13.3% 96th
Transport services 28.5% 2025 down 35.4% 53rd
Insurance and financial services 3.0% 2025 down 60.6% 154th
Merchandise imports by the reporting economy, residual 0.0% 2023 up 35,059.4% 51st
Merchandise exports by the reporting economy, residual 0.0% 2023 up 210.2% 98th
Merchandise exports to low- and middle-income economies in Sub-Saharan 2.4% 2023 up 569.3% 70th
Merchandise imports from high-income economies 90.7% 2023 down 0.4% 10th
Merchandise imports from low- and middle-income economies outside regi 5.6% 2023 up 22.1% 171st
Merchandise imports from low- and middle-income economies in East Asia 4.6% 2023 up 37.4% 192nd
Merchandise imports from low- and middle-income economies in Europe & 3.7% 2023 down 14.9% 55th
Merchandise imports from low- and middle-income economies in Latin Ame 0.2% 2023 down 63.6% 178th
Merchandise imports from low- and middle-income economies in Middle Ea 0.2% 2023 up 115.6% 145th
Merchandise imports from low- and middle-income economies in South Asi 0.5% 2023 up 26.1% 181st
Merchandise imports from low- and middle-income economies in Sub-Sahar 0.0% 2023 down 59.3% 198th
Merchandise exports to low- and middle-income economies outside region 5.1% 2023 up 18.8% 140th
Merchandise imports by the reporting economy 27.34 billion current US$ 2023 up 53.0% 72nd
Merchandise imports from low- and middle-income economies within regio 3.7% 2023 down 14.9% 154th
Merchandise exports to low- and middle-income economies in South Asia 0.3% 2023 down 20.5% 147th
Merchandise exports to low- and middle-income economies in Middle East 0.5% 2023 down 77.1% 96th
Merchandise exports to low- and middle-income economies in Latin Ameri 0.5% 2023 up 99.1% 125th
Merchandise exports to low- and middle-income economies in Europe & Ce 9.0% 2023 up 34.5% 29th
Merchandise imports from economies in the Arab World 0.2% 2023 up 57.0% 172nd
Merchandise exports to low- and middle-income economies in East Asia & 1.3% 2023 up 29.2% 160th
Merchandise exports to low- and middle-income economies within region 9.0% 2023 up 34.5% 121st
Merchandise exports to economies in the Arab World 1.2% 2023 down 43.2% 128th
Merchandise exports by the reporting economy 22.56 billion current US$ 2023 up 57.4% 71st
Merchandise exports to high-income economies 85.9% 2023 down 3.5% 37th
Insurance and financial services 2.1% 2025 down 79.7% 106th
Export unit value index 150.7 2015 = 100 2024 up 24.3% 51st
Import unit value index 145.4 2015 = 100 2024 up 19.9% 29th
Export value index 168.2 2015 = 100 2024 up 40.4% 70th
Import value index 161.3 2015 = 100 2024 up 32.2% 76th
Export volume index 111.6 2015 = 100 2024 up 13.0% 102nd
Import volume index 110.9 2015 = 100 2024 up 10.2% 120th
Net barter terms of trade index 103.7 2015 = 100 2024 up 3.8% 94th
Tariff rate, most favored nation, weighted mean, primary products 1.9% 2022 down 13.0% 152nd
Tariff rate, most favored nation, weighted mean, manufactured products 3.2% 2022 down 3.6% 134th
Tariff rate, most favored nation, weighted mean, all products 2.7% 2022 down 5.6% 148th
Tariff rate, applied, simple mean, all products 1.9% 2022 down 14.5% 142nd
Tariff rate, applied, weighted mean, primary products 0.8% 2022 down 29.4% 148th
Tariff rate, applied, weighted mean, all products 1.3% 2022 down 8.9% 141st
Tariff rate, applied, weighted mean, manufactured products 1.6% 2022 down 1.8% 131st
Tariff rate, applied, simple mean, manufactured products 1.4% 2022 down 4.0% 142nd
Tariff rate, applied, simple mean, primary products 4.1% 2022 down 27.5% 131st
Tariff rate, most favored nation, simple mean, manufactured products 4.0% 2022 down 4.0% 137th
Tariff rate, most favored nation, simple mean, all products 5.2% 2022 down 9.0% 130th
Tariff rate, most favored nation, simple mean, primary products 9.0% 2022 down 13.7% 96th