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

Latvia: Imports Merchandise, Customs, current US$, millions, seas. adj. was 23,485 in 2024. ◆ Volatile

Latest (2024)
23,485
Change on year
down 4.5%
World rank
75th
of 121 countries
All-time high
27,064
in 2022
All-time low
1,582
in 1994
Years of data
31
1994–2024

Imports Merchandise, Customs, current US$, millions, seas. adj. in Latvia, 1994–2024

010.0k20.0k30.0k1994200920241994: 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: 23.5k

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 23,485, measured in 2024.

Compared with earlier readings it is down 4.5% on the previous year and up 36.8% 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 75th 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.

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 22,908 17,064 27,064 5

Countries ranked near Latvia

  1. 72 Lebanon 24,559 compare
  2. 73 Kenya 23,918 compare
  3. 74 Costa Rica 23,673 compare
  4. 76 Ecuador 23,160 compare
  5. 77 Estonia 22,457 compare
  6. 78 Sri Lanka 18,818 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 23,485 in 2024, 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$, millions, seas. adj.?
Latvia ranks 75th out of 121 countries with data for 2024.
Is imports merchandise, customs, current us$, millions, seas. adj. rising or falling in Latvia?
Over the last ten years it is up 36.8%. 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.

Download this data

CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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, 4,013 data points, 1991–2024
Last refreshed

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