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

Latvia: Exports Merchandise, Customs, current US$, millions, seas. adj. was 20,413 in 2024. ◆ Volatile

Latest (2024)
20,413
Change on year
down 0.8%
World rank
62nd
of 127 countries
All-time high
22,430
in 2022
All-time low
1,392
in 1993
Years of data
32
1993–2024

Exports Merchandise, Customs, current US$, millions, seas. adj. in Latvia, 1993–2024

05.0k10.0k15.0k20.0k1993200820241993: 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: 20.4k

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 20,413, measured in 2024.

That represents a change of down 0.8% on the previous year and up 47.9% over ten years.

Over the whole period, exports merchandise, customs, current us$, millions, seas. adj. in Latvia peaked at 22,430 in 2022 and was at its lowest, 1,392, in 1993.

That places Latvia 62nd out of 127 countries with data for 2024, 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

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 19,606 15,206 22,430 5

Countries ranked near Latvia

  1. 59 Ecuador 34,429 compare
  2. 60 Pakistan 32,316 compare
  3. 61 Azerbaijan 25,981 compare
  4. 63 Tunisia 19,964 compare
  5. 64 Costa Rica 19,898 compare
  6. 65 Guyana 19,601 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 20,413 in 2024, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest exports merchandise, customs, current us$, millions, seas. adj. recorded in Latvia?
The highest recorded value was 22,430 in 2022.
What is the lowest exports merchandise, customs, current us$, 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$, millions, seas. adj.?
Latvia ranks 62nd out of 127 countries with data for 2024.
Is exports merchandise, customs, current us$, millions, seas. adj. rising or falling in Latvia?
Over the last ten years it is up 47.9%. 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

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, 4,206 data points, 1991–2024
Last refreshed

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