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

Latest (2025)
22,425
Change on year
up 9.8%
World rank
64th
of 127 countries
All-time high
22,437
in 2022
All-time low
1,392
in 1993
Years of data
33
1993–2025

Exports Merchandise, Customs, current US$, millions, seas. adj. in Latvia, 1993–2025

05.0k10.0k15.0k20.0k1993200920251993: 1.4k1994: 1.5k1995: 1.7k1996: 1.8k1997: 1.6k1998: 1.6k1999: 1.7k2000: 1.9k2001: 2.0k2002: 2.3k2003: 2.9k2004: 4.0k2005: 5.1k2006: 5.9k2007: 7.9k2008: 9.3k2009: 7.1k2010: 8.8k2011: 11.8k2012: 12.6k2013: 13.4k2014: 13.8k2015: 11.7k2016: 11.6k2017: 13.0k2018: 14.7k2019: 14.5k2020: 15.2k2021: 19.4k2022: 22.4k2023: 20.6k2024: 20.4k2025: 22.4k

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

Annual values for Exports Merchandise, Customs, current US$, millions, seas. adj. in Latvia, 1993 to 2025.
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

DecadeAverage LowestHighest 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

  1. 61 Pakistan 30,554 compare
  2. 62 Azerbaijan 24,155 compare
  3. 63 Costa Rica 22,616 compare
  4. 65 Tunisia 21,329 compare
  5. 66 Estonia 20,977 compare
  6. 67 Guyana 20,043 compare

See the full ranking of 137 places →

More reference data data for Latvia

All data for Latvia →

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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Exports Merchandise, Customs, current US$, millions, seas. adj. in Latvia. Statizoid, drawing on World Bank staff calculations based on Datastream and IMF International Finance Statistics data. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/exports-merchandise-customs-current-us-millions-seas-adj/latvia/

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About this data

Indicator
Exports Merchandise, Customs, current US$, millions, seas. adj.
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
137 places, 4,327 data points, 1991–2025
Last refreshed

Merchandise (goods) exports, free on board (f.o.b.), in current US$ millions, seasonally adjusted.