Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Latvia

Fuel exports (% of merchandise exports) in Latvia in 2025 — 8.23%. Ranked 11 in the world out of 24. Since 1994, the indicator has risen by 6.45 pp.

2025 8.23% +1.23 pp vs 2024
World rank 11of 24
Period maximum 12.34%2022
Period minimum 1.05%1997

Trend over time

1994–2025 · % of merchandise exports

Fuel exports (% of merchandise exports) — Latvia, 1994–20250510151994199820022006201020142018202220251994: 1.78%1995: 1.75%1996: 2.02%1997: 1.05%1998: 1.71%1999: 2.95%2000: 2.47%2001: 1.38%2002: 1.47%2003: 1.38%2004: 4.62%2005: 8.89%2006: 5.18%2007: 3.66%2008: 3.43%2009: 5.06%2010: 5.31%2011: 8.26%2012: 7.84%2013: 7.7%2014: 8.65%2015: 7.46%2016: 5.69%2017: 5.31%2018: 5.4%2019: 4.51%2020: 3.57%2021: 5.9%2022: 12.34%2023: 7.2%2024: 7%2025: 8.23%
Change over the period: +6.45 pp Annual average: 0.21 pp
Fuel exports (% of merchandise exports) — Latvia, by year Latvia All countries CSV XLSX
Year % Change, pp
2025 8.23 +1.23 pp
2024 7 −0.19 pp
2023 7.2 −5.15 pp
2022 12.34 +6.44 pp
2021 5.9 +2.33 pp
2020 3.57 −0.94 pp
2019 4.51 −0.89 pp
2018 5.4 +0.08 pp
2017 5.31 −0.37 pp
2016 5.69 −1.77 pp
2015 7.46 −1.19 pp
2014 8.65 +0.95 pp
2013 7.7 −0.14 pp
2012 7.84 −0.42 pp
2011 8.26 +2.95 pp
2010 5.31 +0.25 pp
2009 5.06 +1.63 pp
2008 3.43 −0.23 pp
2007 3.66 −1.52 pp
2006 5.18 −3.72 pp
2005 8.89 +4.28 pp
2004 4.62 +3.24 pp
2003 1.38 −0.1 pp
2002 1.47 +0.1 pp
2001 1.38 −1.09 pp
2000 2.47 −0.48 pp
1999 2.95 +1.23 pp
1998 1.71 +0.66 pp
1997 1.05 −0.97 pp
1996 2.02 +0.27 pp
1995 1.75 −0.03 pp
1994 1.78

Northern Europe, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

The share of fuel — oil, gas, coal and the products of their refining — in a country's merchandise exports. This is the most direct measure of commodity dependence: for a dozen states the share exceeds ninety percent, meaning that all other exports together take up less than a tenth. A high value speaks not of wealth but of fragility: the revenue of such a country moves with the price of a single commodity, over which it has no influence.

Important: The share is of merchandise exports, not of all exports: services do not enter the denominator. The aggregate for country groups is weighted by merchandise exports — the denominator of the indicator itself.

Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.