Exports Merchandise, Customs, current US$, millions, seas. adj. in Latvia
Latvia: Exports Merchandise, Customs, current US$, millions, seas. adj. was 22,425 in 2025. ◆ Volatile
Exports Merchandise, Customs, current US$, millions, seas. adj. in Latvia, 1993–2025
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
The most recent figure for exports merchandise, customs, current us$, millions, seas. adj. in Latvia is 22,425, measured in 2025.
That represents a change of up 9.8% on the previous year and up 92.3% over ten years.
Over the whole period, exports merchandise, customs, current us$, millions, seas. adj. in Latvia peaked at 22,437 in 2022 and was at its lowest, 1,392, in 1993.
That places Latvia 64th out of 127 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports Merchandise, Customs, current US$, millions, seas. adj. in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1993 | 1,392 | — |
| 1994 | 1,521 | +9.2% |
| 1995 | 1,655 | +8.8% |
| 1996 | 1,832 | +10.7% |
| 1997 | 1,650 | -9.9% |
| 1998 | 1,595 | -3.3% |
| 1999 | 1,724 | +8.1% |
| 2000 | 1,864 | +8.1% |
| 2001 | 1,998 | +7.2% |
| 2002 | 2,280 | +14.1% |
| 2003 | 2,887 | +26.6% |
| 2004 | 3,974 | +37.7% |
| 2005 | 5,097 | +28.3% |
| 2006 | 5,875 | +15.3% |
| 2007 | 7,863 | +33.8% |
| 2008 | 9,292 | +18.2% |
| 2009 | 7,137 | -23.2% |
| 2010 | 8,806 | +23.4% |
| 2011 | 11,841 | +34.5% |
| 2012 | 12,648 | +6.8% |
| 2013 | 13,360 | +5.6% |
| 2014 | 13,798 | +3.3% |
| 2015 | 11,661 | -15.5% |
| 2016 | 11,615 | -0.4% |
| 2017 | 12,989 | +11.8% |
| 2018 | 14,663 | +12.9% |
| 2019 | 14,515 | -1.0% |
| 2020 | 15,206 | +4.8% |
| 2021 | 19,406 | +27.6% |
| 2022 | 22,437 | +15.6% |
| 2023 | 20,586 | -8.3% |
| 2024 | 20,422 | -0.8% |
| 2025 | 22,425 | +9.8% |
Latvia compared with similar countries
- Latvia's 22,425 is below the median for high income countries, which is 99,612, 23% of the median. (54 countries reporting)
- Latvia's 22,425 is below the median for Europe & Central Asia, which is 84,109, 27% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,624 | 1,392 | 1,832 | 7 |
| 2000s | 4,827 | 1,864 | 9,292 | 10 |
| 2010s | 12,590 | 8,806 | 14,663 | 10 |
| 2020s | 20,080 | 15,206 | 22,437 | 6 |
Countries ranked near Latvia
More reference data data for Latvia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.128 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0503 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4657 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0673 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4657 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4291 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2986 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2679 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 2.27 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3666 (2050)
Frequently asked questions
- What is exports merchandise, customs, current us$, millions, seas. adj. in Latvia?
- Exports merchandise, customs, current us$, millions, seas. adj. in Latvia was 22,425 in 2025, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
- What is the highest exports merchandise, customs, current us$, millions, seas. adj. recorded in Latvia?
- The highest recorded value was 22,437 in 2022.
- What is the lowest exports merchandise, customs, current us$, millions, seas. adj. recorded in Latvia?
- The lowest recorded value was 1,392 in 1993.
- How does Latvia rank for exports merchandise, customs, current us$, millions, seas. adj.?
- Latvia ranks 64th out of 127 countries with data for 2025.
- Is exports merchandise, customs, current us$, millions, seas. adj. rising or falling in Latvia?
- Over the last ten years it is up 92.3%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Exports Merchandise, Customs, current US$, millions, seas. adj.. Statizoid updates them automatically from the source API.
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About this data
Merchandise (goods) exports, free on board (f.o.b.), in current US$ millions, seasonally adjusted.