High-technology exports — all countries

High-technology exports — Latvia

High-technology exports in Latvia in 2024 — 1,903,396,258 US$. Ranked 47 in the world out of 126. Since 2007, the indicator has risen by 434.5%.

2024 1.9B US$ −11.07% vs 2023
World rank 47of 126
Period maximum 2.14B US$2023
Period minimum 356M US$2007

Trend over time

2007–2024 · US$

High-technology exports — Latvia, 2007–202401B2B3B20072009201120132015201720192021202320242007: 356,103,096 US$2008: 430,112,106 US$2009: 374,743,451 US$2010: 430,956,978 US$2011: 633,818,057 US$2012: 777,101,185 US$2013: 1,082,132,640 US$2014: 1,329,551,397 US$2015: 1,292,013,881 US$2016: 1,203,692,917 US$2017: 1,250,435,453 US$2018: 1,447,436,123 US$2019: 1,472,712,989 US$2020: 1,837,563,022 US$2021: 1,946,947,495 US$2022: 2,056,985,276 US$2023: 2,140,234,227 US$2024: 1,903,396,258 US$
Change over the period: +1.55B (+434.51%) Average annual rate: 10.36 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Latvia

Latvia 1.9B US$
Northern Europe computed 265B US$
High-income countries computed 2.41T US$
High-technology exports — Latvia, by year Latvia All countries CSV XLSX
Year US$ Change Change, %
2024 1.9B −237M −11.07%
2023 2.14B +83.25M +4.05%
2022 2.06B +110M +5.65%
2021 1.95B +109M +5.95%
2020 1.84B +365M +24.77%
2019 1.47B +25.28M +1.75%
2018 1.45B +197M +15.75%
2017 1.25B +46.74M +3.88%
2016 1.2B −88.32M −6.84%
2015 1.29B −37.54M −2.82%
2014 1.33B +247M +22.86%
2013 1.08B +305M +39.25%
2012 777M +143M +22.61%
2011 634M +203M +47.07%
2010 431M +56.21M +15%
2009 375M −55.37M −12.87%
2008 430M +74.01M +20.78%
2007 356M

About the indicator

Exports of research-intensive products: aerospace equipment, computers, pharmaceuticals, scientific instruments, electrical machinery. The classification rests on the share of research spending in the value of an industry's output rather than on the sophistication of the item — which is why pharmaceuticals make the list and, say, automobile manufacturing does not.

Important: It is measured by the value of the goods crossing the border, not by the value added inside the country. For countries that assemble electronics from imported parts the figure is well above their actual contribution.

Source: World Development Indicators (World Bank), license CC BY 4.0.