Latvia Trade Balance 1995-2025

Latvia trade balance for 2023 was -1.68 billion US dollars, a 9.39% decline from 2022.
  • Latvia trade balance for 2022 was -1.85 billion US dollars, a 49.16% increase from 2021.
  • Latvia trade balance for 2021 was -1.24 billion US dollars, a 376.91% decline from 2020.
  • Latvia trade balance for 2020 was 448.90 million US dollars, a 287.08% decline from 2019.
External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.