Latvia Imports 1995-2025

Latvia imports for 2023 were 29.63 billion US dollars, a 5.4% decline from 2022.
  • Latvia imports for 2022 were 31.32 billion US dollars, a 17.21% increase from 2021.
  • Latvia imports for 2021 were 26.72 billion US dollars, a 30.7% increase from 2020.
  • Latvia imports for 2020 were 20.44 billion US dollars, a 1.63% decline from 2019.
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.