Trade balance in Latvia in 2025 — -2,225,992,202 US$. Ranked 90 in the world out of 138. Since 1995, the indicator has fallen by 710.9%.
1995–2025 · US$
How the value compares with the world and the groups this territory belongs to: Latvia
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2025 | -2.23B | −1.53B | −219.63% |
| 2024 | -696M | +871M | +55.56% |
| 2023 | -1.57B | +291M | +15.66% |
| 2022 | -1.86B | −646M | −53.33% |
| 2021 | -1.21B | −1.69B | −352.97% |
| 2020 | 479M | +551M | +764.13% |
| 2019 | -72.14M | +92.26M | +56.12% |
| 2018 | -164M | −36.81M | −28.85% |
| 2017 | -128M | −270M | −189.39% |
| 2016 | 143M | +456M | +145.57% |
| 2015 | -313M | +564M | +64.3% |
| 2014 | -877M | +442M | +33.49% |
| 2013 | -1.32B | +185M | +12.32% |
| 2012 | -1.5B | +125M | +7.66% |
| 2011 | -1.63B | −1.13B | −225.74% |
| 2010 | -500M | +23.88M | +4.56% |
| 2009 | -524M | +4.02B | +88.46% |
| 2008 | -4.54B | +1.38B | +23.26% |
| 2007 | -5.92B | −1.46B | −32.86% |
| 2006 | -4.45B | −2.02B | −83.17% |
| 2005 | -2.43B | −221M | −9.98% |
| 2004 | -2.21B | −737M | −49.99% |
| 2003 | -1.47B | −506M | −52.26% |
| 2002 | -968M | −101M | −11.64% |
| 2001 | -867M | −233M | −36.73% |
| 2000 | -634M | +105M | +14.2% |
| 1999 | -739M | +127M | +14.65% |
| 1998 | -866M | −276M | −46.72% |
| 1997 | -590M | −51.8M | −9.62% |
| 1996 | -538M | −264M | −96.07% |
| 1995 | -275M | — | — |
The same indicator for neighboring countries — with links to their pages
The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.
Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.
Source: World Development Indicators (World Bank), license CC BY 4.0.
The value of goods shipped out and of services provided to non-residents, in US dollars.
Trade Imports of goods and servicesThe value of goods brought in and of services received from non-residents.
Finance Current account balance in US dollarsHow much more a country receives from abroad than it pays out there. A minus means it pays more.
Trade Trade opennessExports plus imports as a percent of GDP — total foreign trade turnover.
