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

Latvia: Imports Merchandise, Customs, current US$, millions, seas. adj. was 26,468 in 2025. ◆ Volatile

Latest (2025)
26,468
Change on year
up 12.7%
World rank
72nd
of 121 countries
All-time high
27,064
in 2022
All-time low
1,582
in 1994
Years of data
32
1994–2025

Imports Merchandise, Customs, current US$, millions, seas. adj. in Latvia, 1994–2025

010.0k20.0k30.0k1994200920251994: 1.6k1995: 1.8k1996: 2.3k1997: 2.5k1998: 3.0k1999: 2.6k2000: 2.5k2001: 2.8k2002: 3.4k2003: 4.8k2004: 6.7k2005: 8.6k2006: 11.4k2007: 15.2k2008: 15.9k2009: 9.4k2010: 11.1k2011: 15.3k2012: 16.1k2013: 16.8k2014: 17.2k2015: 14.0k2016: 13.7k2017: 15.8k2018: 17.7k2019: 17.2k2020: 17.1k2021: 22.3k2022: 27.1k2023: 24.6k2024: 23.5k2025: 26.5k

Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.

Analysis

The most recent figure for imports merchandise, customs, current us$, millions, seas. adj. in Latvia is 26,468, measured in 2025.

Compared with earlier readings it is up 12.7% on the previous year and up 89.0% over ten years.

Over the whole period, imports merchandise, customs, current us$, millions, seas. adj. in Latvia peaked at 27,064 in 2022 and was at its lowest, 1,582, in 1994.

Latvia ranks 72nd of 121 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.

Imports Merchandise, Customs, current US$, millions, seas. adj. in Latvia, year by year

Annual values for Imports Merchandise, Customs, current US$, millions, seas. adj. in Latvia, 1994 to 2025.
Year Value Change
1994 1,582 —
1995 1,796 +13.5%
1996 2,330 +29.8%
1997 2,532 +8.6%
1998 2,978 +17.6%
1999 2,609 -12.4%
2000 2,538 -2.7%
2001 2,807 +10.6%
2002 3,366 +19.9%
2003 4,816 +43.1%
2004 6,710 +39.3%
2005 8,553 +27.5%
2006 11,374 +33.0%
2007 15,162 +33.3%
2008 15,884 +4.8%
2009 9,356 -41.1%
2010 11,110 +18.7%
2011 15,263 +37.4%
2012 16,103 +5.5%
2013 16,797 +4.3%
2014 17,166 +2.2%
2015 14,003 -18.4%
2016 13,720 -2.0%
2017 15,822 +15.3%
2018 17,705 +11.9%
2019 17,161 -3.1%
2020 17,064 -0.6%
2021 22,326 +30.8%
2022 27,064 +21.2%
2023 24,604 -9.1%
2024 23,486 -4.5%
2025 26,468 +12.7%

Latvia compared with similar countries

  • Latvia's 26,468 is below the median for high income countries, which is 126,558, 21% of the median. (51 countries reporting)
  • Latvia's 26,468 is below the median for Europe & Central Asia, which is 93,162, 28% of the median. (43 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 2,304 1,582 2,978 6
2000s 8,056 2,538 15,884 10
2010s 15,485 11,110 17,705 10
2020s 23,502 17,064 27,064 6

Countries ranked near Latvia

  1. 69 Jordan 28,994 compare
  2. 70 Tunisia 28,651 compare
  3. 71 Luxembourg 27,830 compare
  4. 73 Estonia 25,309 compare
  5. 74 Costa Rica 25,108 compare
  6. 75 Ecuador 23,160 compare

See the full ranking of 131 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is imports merchandise, customs, current us$, millions, seas. adj. in Latvia?
Imports merchandise, customs, current us$, millions, seas. adj. in Latvia was 26,468 in 2025, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest imports merchandise, customs, current us$, millions, seas. adj. recorded in Latvia?
The highest recorded value was 27,064 in 2022.
What is the lowest imports merchandise, customs, current us$, millions, seas. adj. recorded in Latvia?
The lowest recorded value was 1,582 in 1994.
How does Latvia rank for imports merchandise, customs, current us$, millions, seas. adj.?
Latvia ranks 72nd out of 121 countries with data for 2025.
Is imports merchandise, customs, current us$, millions, seas. adj. rising or falling in Latvia?
Over the last ten years it is up 89.0%. 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 Imports Merchandise, Customs, current US$, millions, seas. adj.. Statizoid updates them automatically from the source API.

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Imports 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/imports-merchandise-customs-current-us-millions-seas-adj/latvia/

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About this data

Indicator
Imports 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
131 places, 4,122 data points, 1991–2025
Last refreshed

Merchandise (goods) imports, cost, insurance and freight basis (c.i.f.), in current US$ millions, seasonally adjusted.