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Trade with Latvia

Market profile, merchandise trade and investment data for Latvia, paired with ILUME’s sourcing and buyer-matching desk.

GDP (current US$)
US$ 48.62 bn
World Bank, 2025
GDP per capita (US$)
26,312
World Bank, 2025
Population
1,847,785
World Bank, 2025
GDP growth (annual %)
2.14%
World Bank, 2025
Merchandise exports (US$)
US$ 22.12 bn
World Bank, 2025
Merchandise imports (US$)
US$ 26.28 bn
World Bank, 2025
FDI inflows (US$)
US$ 243.70 mn
World Bank, 2025
Urban population (%)
68.6%
World Bank, 2025

Market indicators

IndicatorLatestYear
FDI inflows (US$)US$ 243.70 mn2025
GDP (current US$)US$ 48.62 bn2025
GDP growth (annual %)2.14%2025
GDP per capita (US$)26,3122025
Population1,847,7852025
Urban population (%)68.6%2025
Merchandise imports (US$)US$ 26.28 bn2025
Merchandise exports (US$)US$ 22.12 bn2025

Source: World Bank Open Data (most recent available year per indicator).

ILUME desk coverage in Latvia

Buyer profiles on platformWhat we do
6Supplier & buyer verification, RFQ handling, QC, logistics, escrow settlement, export compliance.

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