Merchandise exports in Latvia
Latvia: Merchandise exports was 22.12 billion current US$ in 2025. ◆ Volatile
Merchandise exports in Latvia, 1992–2025
Source: World Trade Organization (WTO). Measured in current US$.
Analysis
Latvia recorded 22.12 billion current US$ for merchandise exports in 2025.
Compared with earlier readings it is up 7.2% on the previous year and up 80.1% over ten years.
Over the whole period, merchandise exports in Latvia peaked at 24.10 billion current US$ in 2022 and was at its lowest, 778.00 million current US$, in 1992.
That places Latvia 79th out of 206 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.34 billion current US$ | 778.00 million current US$ | 1.81 billion current US$ | 8 |
| 2000s | 5.05 billion current US$ | 1.87 billion current US$ | 10.14 billion current US$ | 10 |
| 2010s | 13.65 billion current US$ | 9.53 billion current US$ | 16.17 billion current US$ | 10 |
| 2020s | 21.11 billion current US$ | 16.34 billion current US$ | 24.10 billion current US$ | 6 |
Countries ranked near Latvia
- 76 Costa Rica 26.43 billion current US$ compare
- 77 Azerbaijan 25.04 billion current US$ compare
- 78 Uzbekistan 23.65 billion current US$ compare
- 80 Tunisia 21.29 billion current US$ compare
- 81 Estonia 20.98 billion current US$ compare
- 82 Guyana 18.69 billion current US$ compare
More private sector data for Latvia
- Food imports 17.9% (2025)
- Manufactures imports 60.8% (2025)
- Merchandise imports 26.28 billion current US$ (2025)
- Merchandise trade 99.6% (2025)
- Food exports 22.1% (2025)
- Manufactures exports 54.2% (2025)
- Commercial service exports 9.28 billion current US$ (2025)
- Transport services 23.1% (2025)
- Computer, communications and other services 53.3% (2025)
- Commercial service imports 7.05 billion current US$ (2025)
Frequently asked questions
- What is merchandise exports in Latvia?
- Merchandise exports in Latvia was 22.12 billion current US$ in 2025, according to World Trade Organization (WTO).
- What is the highest merchandise exports recorded in Latvia?
- The highest recorded value was 24.10 billion current US$ in 2022.
- What is the lowest merchandise exports recorded in Latvia?
- The lowest recorded value was 778.00 million current US$ in 1992.
- How does Latvia rank for merchandise exports?
- Latvia ranks 79th out of 206 countries with data for 2025.
- Is merchandise exports rising or falling in Latvia?
- Over the last ten years it is up 80.1%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from World Trade Organization (WTO), published as part of Merchandise exports (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports includes goods whose economic ownership is changed from a resident to a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. 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.