Export scale and balance
Start with the latest reported trade position
In 2024, Latvia recorded $18.6B in exports and $23.9B in imports. The resulting -$5.3B trade balance gives the latest country-level position a clear context.
Exports changed -6.1% year on year and show a calculated +0.7% three-year CAGR. CAGR is an annualized comparison of reported values, not a forecast.
