Merchandise imports — all countries

Merchandise imports — Latvia

Merchandise imports in Latvia in 2025 — 26,284,000,000 US$. Ranked 78 in the world out of 205. Since 1992, the indicator has risen by 3,206.2%.

2025 26.28B US$ +10.82% vs 2024
World rank 78of 205
Period maximum 28.8B US$2022
Period minimum 795M US$1992

Trend over time

1992–2025 · US$

Merchandise imports — Latvia, 1992–2025010B20B30B1992199620002004200820122016202020241992: 795,000,000 US$1993: 872,000,000 US$1994: 1,251,000,000 US$1995: 1,818,000,000 US$1996: 2,320,000,000 US$1997: 2,721,000,000 US$1998: 3,191,000,000 US$1999: 2,954,000,000 US$2000: 3,202,000,000 US$2001: 3,506,000,000 US$2002: 4,046,000,000 US$2003: 5,234,000,000 US$2004: 7,096,000,000 US$2005: 8,697,000,000 US$2006: 11,541,000,000 US$2007: 15,322,000,000 US$2008: 16,143,000,000 US$2009: 9,811,000,000 US$2010: 11,691,000,000 US$2011: 16,290,000,000 US$2012: 17,227,000,000 US$2013: 17,865,000,000 US$2014: 17,964,000,000 US$2015: 14,719,000,000 US$2016: 14,434,000,000 US$2017: 17,033,000,000 US$2018: 19,681,000,000 US$2019: 18,959,000,000 US$2020: 18,441,000,000 US$2021: 24,446,000,000 US$2022: 28,802,000,000 US$2023: 26,617,000,000 US$2024: 23,718,000,000 US$2025: 26,284,000,000 US$
Change over the period: +25.49B (+3,206.16%) Average annual rate: 11.18 %

Comparison, 2025

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

Latvia 26.28B US$
World 26.69T US$
Northern Europe computed 1.75T US$
High-income countries computed 17.7T US$
Merchandise imports — Latvia, by year Latvia All countries CSV XLSX
Year US$ Change Change, %
2025 26.28B +2.57B +10.82%
2024 23.72B −2.9B −10.89%
2023 26.62B −2.19B −7.59%
2022 28.8B +4.36B +17.82%
2021 24.45B +6.01B +32.56%
2020 18.44B −518M −2.73%
2019 18.96B −722M −3.67%
2018 19.68B +2.65B +15.55%
2017 17.03B +2.6B +18.01%
2016 14.43B −285M −1.94%
2015 14.72B −3.25B −18.06%
2014 17.96B +99M +0.55%
2013 17.87B +638M +3.7%
2012 17.23B +937M +5.75%
2011 16.29B +4.6B +39.34%
2010 11.69B +1.88B +19.16%
2009 9.81B −6.33B −39.22%
2008 16.14B +821M +5.36%
2007 15.32B +3.78B +32.76%
2006 11.54B +2.84B +32.7%
2005 8.7B +1.6B +22.56%
2004 7.1B +1.86B +35.58%
2003 5.23B +1.19B +29.36%
2002 4.05B +540M +15.4%
2001 3.51B +304M +9.49%
2000 3.2B +248M +8.4%
1999 2.95B −237M −7.43%
1998 3.19B +470M +17.27%
1997 2.72B +401M +17.28%
1996 2.32B +502M +27.61%
1995 1.82B +567M +45.32%
1994 1.25B +379M +43.46%
1993 872M +77M +9.69%
1992 795M

About the indicator

The value of imports of goods (excluding services) in current US dollars from WTO data, on a CIF basis. Together with merchandise exports it gives the merchandise trade balance — the indicator most often discussed in the context of a “trade deficit” between particular countries.

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