Exports Merchandise, Customs, current US$, millions in Latvia
Latvia: Exports Merchandise, Customs, current US$, millions was 22,424 in 2025. ◆ Volatile
Exports Merchandise, Customs, current US$, millions in Latvia, 1993–2025
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
In 2025, exports merchandise, customs, current us$, millions in Latvia stood at 22,424. That is the highest value across all 33 years on record.
That represents a change of up 10.0% on the previous year and up 92.4% over ten years.
Over the whole period, exports merchandise, customs, current us$, millions in Latvia peaked at 22,424 in 2025 and was at its lowest, 1,389, in 1993.
Latvia ranks 65th of 128 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports Merchandise, Customs, current US$, millions in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1993 | 1,389 | — |
| 1994 | 1,520 | +9.5% |
| 1995 | 1,653 | +8.7% |
| 1996 | 1,830 | +10.7% |
| 1997 | 1,648 | -9.9% |
| 1998 | 1,595 | -3.2% |
| 1999 | 1,724 | +8.1% |
| 2000 | 1,865 | +8.2% |
| 2001 | 2,001 | +7.3% |
| 2002 | 2,284 | +14.1% |
| 2003 | 2,892 | +26.6% |
| 2004 | 3,982 | +37.7% |
| 2005 | 5,110 | +28.3% |
| 2006 | 5,894 | +15.3% |
| 2007 | 7,894 | +33.9% |
| 2008 | 9,290 | +17.7% |
| 2009 | 7,170 | -22.8% |
| 2010 | 8,849 | +23.4% |
| 2011 | 11,858 | +34.0% |
| 2012 | 12,680 | +6.9% |
| 2013 | 13,362 | +5.4% |
| 2014 | 13,778 | +3.1% |
| 2015 | 11,654 | -15.4% |
| 2016 | 11,608 | -0.4% |
| 2017 | 13,011 | +12.1% |
| 2018 | 14,637 | +12.5% |
| 2019 | 14,497 | -1.0% |
| 2020 | 15,232 | +5.1% |
| 2021 | 19,416 | +27.5% |
| 2022 | 22,406 | +15.4% |
| 2023 | 20,534 | -8.4% |
| 2024 | 20,385 | -0.7% |
| 2025 | 22,424 | +10.0% |
Latvia compared with similar countries
- Latvia's 22,424 is below the median for high income countries, which is 99,622, 23% of the median. (54 countries reporting)
- Latvia's 22,424 is below the median for Europe & Central Asia, which is 84,032, 27% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,623 | 1,389 | 1,830 | 7 |
| 2000s | 4,838 | 1,865 | 9,290 | 10 |
| 2010s | 12,593 | 8,849 | 14,637 | 10 |
| 2020s | 20,066 | 15,232 | 22,424 | 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$, millions in Latvia?
- Exports merchandise, customs, current us$, millions in Latvia was 22,424 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$, millions recorded in Latvia?
- The highest recorded value was 22,424 in 2025.
- What is the lowest exports merchandise, customs, current us$, millions recorded in Latvia?
- The lowest recorded value was 1,389 in 1993.
- How does Latvia rank for exports merchandise, customs, current us$, millions?
- Latvia ranks 65th out of 128 countries with data for 2025.
- Is exports merchandise, customs, current us$, millions rising or falling in Latvia?
- Over the last ten years it is up 92.4%. 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$, millions. Statizoid updates them automatically from the source API.
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About this data
Merchandise (goods) exports, free on board (f.o.b.), in current US$ millions, not seasonally adjusted.