High-technology exports in Latvia

Latvia: High-technology exports was 1.90 billion current US$ in 2024. ▲ Rising

Latest (2024)
1.90 billion current US$
Change on year
down 11.1%
World rank
50th
of 176 countries
All-time high
2.14 billion current US$
in 2023
All-time low
356.10 million current US$
in 2007
Years of data
18
2007–2024

High-technology exports in Latvia, 2007–2024

500.0M1.0B1.5B2.0B2007201520242007: 356.1M current US$2008: 430.1M current US$2009: 374.7M current US$2010: 431.0M current US$2011: 633.8M current US$2012: 777.1M current US$2013: 1.1B current US$2014: 1.3B current US$2015: 1.3B current US$2016: 1.2B current US$2017: 1.3B current US$2018: 1.4B current US$2019: 1.5B current US$2020: 1.8B current US$2021: 1.9B current US$2022: 2.1B current US$2023: 2.1B current US$2024: 1.9B current US$

Source: Comtrade database, United Nations (UN). Measured in current US$.

Analysis

Latvia recorded 1.90 billion current US$ for high-technology exports in 2024.

The figure is down 11.1% on the previous year and up 43.2% over ten years.

Over the whole period, high-technology exports in Latvia peaked at 2.14 billion current US$ in 2023 and was at its lowest, 356.10 million current US$, in 2007.

That places Latvia 50th out of 176 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 18 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 386.99 million current US$ 356.10 million current US$ 430.11 million current US$ 3
2010s 1.09 billion current US$ 430.96 million current US$ 1.47 billion current US$ 10
2020s 1.98 billion current US$ 1.84 billion current US$ 2.14 billion current US$ 5

Countries ranked near Latvia

  1. 47 South Africa 2.45 billion current US$ compare
  2. 48 Estonia 2.27 billion current US$ compare
  3. 49 Croatia 1.92 billion current US$ compare
  4. 51 Morocco 1.72 billion current US$ compare
  5. 52 Serbia 1.53 billion current US$ compare
  6. 53 Malta 1.31 billion current US$ compare

See the full ranking of 217 places →

More private sector data for Latvia

All data for Latvia →

Frequently asked questions

What is high-technology exports in Latvia?
High-technology exports in Latvia was 1.90 billion current US$ in 2024, according to Comtrade database, United Nations (UN).
What is the highest high-technology exports recorded in Latvia?
The highest recorded value was 2.14 billion current US$ in 2023.
What is the lowest high-technology exports recorded in Latvia?
The lowest recorded value was 356.10 million current US$ in 2007.
How does Latvia rank for high-technology exports?
Latvia ranks 50th out of 176 countries with data for 2024.
Is high-technology exports rising or falling in Latvia?
Over the last ten years it is up 43.2%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Comtrade database, United Nations (UN), published as part of High-technology exports (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
High-technology exports (current US$)
Unit
current US$
Source
Comtrade database, United Nations (UN)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
217 places, 3,189 data points, 2007–2024
Last refreshed

High-technology exports are products with high R&D intensity, such as aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery.