Latvia Imports 1995-2024

Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.
  • Latvia imports for 2023 was $29.63B, a 5.4% decline from 2022.
  • Latvia imports for 2022 was $31.32B, a 17.21% increase from 2021.
  • Latvia imports for 2021 was $26.72B, a 30.7% increase from 2020.
  • Latvia imports for 2020 was $20.44B, a 1.63% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Germany $1,914.92B
United Kingdom $1,116.06B
France $1,057.72B
Netherlands $825.79B
Italy $759.28B
South Korea $752.67B
Canada $726.06B
Singapore $686.66B
Hong Kong $670.03B
Switzerland $556.54B
Belgium $553.91B
Spain $550.59B
Ireland $548.97B
Poland $419.60B
Australia $368.22B
Sweden $294.17B
Austria $292.29B
Saudi Arabia $292.28B
Denmark $240.27B
Czech Republic $221.39B
Hungary $161.61B
Norway $157.64B
Luxembourg $155.81B
Israel $138.35B
Portugal $133.81B
Finland $124.23B
Slovak Republic $119.64B
Greece $118.62B
Chile $100.09B
Argentina $90.02B
Lithuania $58.11B
Puerto Rico $56.36B
Slovenia $52.75B
Croatia $46.22B
Estonia $31.69B
Malta $30.87B
Latvia $29.63B
Cyprus $29.09B
Macao $23.21B
Uruguay $18.72B
Iceland $13.47B
Brunei $9.08B
Bahamas $6.16B
Seychelles $2.08B
Latvia Imports - Historical Data
Year Billions of US $ % of GDP
2023 $29.63B 67.91%
2022 $31.32B 77.48%
2021 $26.72B 67.74%
2020 $20.44B 59.45%
2019 $20.78B 60.72%
2018 $21.40B 62.16%
2017 $18.98B 62.26%
2016 $16.65B 59.30%
2015 $16.91B 62.02%
2014 $20.13B 64.12%
2013 $19.56B 64.76%
2012 $18.81B 66.78%
2011 $18.05B 65.71%
2010 $13.26B 55.35%
2009 $11.67B 44.20%
2008 $18.62B 51.92%
2007 $17.80B 57.31%
2006 $13.03B 60.39%
2005 $9.74B 57.27%
2004 $7.83B 54.22%
2003 $5.72B 48.56%
2002 $4.46B 46.67%
2001 $4.04B 48.37%
2000 $3.56B 44.75%
1999 $3.38B 44.84%
1998 $3.68B 51.32%
1997 $3.18B 48.74%
1996 $2.95B 49.42%
1995 $2.28B 39.30%