Fuel exports (% of merchandise exports) in Latvia
Latvia: Fuel exports (% of merchandise exports) was 8.5% in 2025. ◆ Volatile
Fuel exports in Latvia, 1994–2025
Source: Staff estimates, World Bank (WB). Measured in % of merchandise exports.
Analysis
The most recent figure for fuel exports in Latvia is 8.5%, measured in 2025.
The figure is up 21.7% on the previous year and up 14.3% over ten years.
Over the whole period, fuel exports in Latvia peaked at 12.3% in 2022 and was at its lowest, 1.0%, in 1997.
Latvia ranks 62nd of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Fuel exports (% of merchandise exports) in Latvia, year by year
| Year | % of merchandise exports | Change |
|---|---|---|
| 1994 | 1.8% | — |
| 1995 | 1.7% | -1.6% |
| 1996 | 2.0% | +15.5% |
| 1997 | 1.0% | -48.1% |
| 1998 | 1.7% | +63.4% |
| 1999 | 2.9% | +72.0% |
| 2000 | 2.5% | -16.2% |
| 2001 | 1.4% | -44.2% |
| 2002 | 1.5% | +6.9% |
| 2003 | 1.4% | -6.5% |
| 2004 | 4.6% | +235.2% |
| 2005 | 8.9% | +92.7% |
| 2006 | 5.2% | -41.8% |
| 2007 | 3.7% | -29.3% |
| 2008 | 3.4% | -6.2% |
| 2009 | 5.1% | +47.4% |
| 2010 | 5.3% | +4.9% |
| 2011 | 8.3% | +55.6% |
| 2012 | 7.8% | -5.0% |
| 2013 | 7.7% | -1.8% |
| 2014 | 8.7% | +12.4% |
| 2015 | 7.5% | -13.8% |
| 2016 | 5.7% | -23.7% |
| 2017 | 5.3% | -6.6% |
| 2018 | 5.4% | +1.6% |
| 2019 | 4.5% | -16.4% |
| 2020 | 3.6% | -20.8% |
| 2021 | 5.9% | +65.1% |
| 2022 | 12.3% | +109.2% |
| 2023 | 7.2% | -41.7% |
| 2024 | 7.0% | -2.7% |
| 2025 | 8.5% | +21.7% |
Latvia compared with similar countries
- Latvia's 8.5% is above the median for high income countries, which is 4.5%, 1.9× the median. (70 countries reporting)
- Latvia's 8.5% is above the median for Europe & Central Asia, which is 5.0%, 1.7× the median. (50 countries reporting)
Biggest year-on-year movements
Years where Fuel exports (% of merchandise exports) in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +235.2% | 1.4% | 4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.9% | 1.0% | 2.9% | 6 |
| 2000s | 3.8% | 1.4% | 8.9% | 10 |
| 2010s | 6.6% | 4.5% | 8.7% | 10 |
| 2020s | 7.4% | 3.6% | 12.3% | 6 |
Countries ranked near Latvia
- 59 Ghana 8.8% compare
- 60 Côte d'Ivoire 8.8% compare
- 61 Malta 8.6% compare
- 63 Finland 8.2% compare
- 64 South Africa 8.2% compare
- 65 Afghanistan, Islamic Republic of 8.1% compare
More energy & mining data for Latvia
- Primary energy from fossil nuclear renewables, per capita 0 units per person (2025)
- Primary energy from fossil nuclear renewables, per unit of GDP 0 units per US$ of GDP (2025)
- Fuel imports 10.5% (2025)
- Ores and metals imports 1.2% (2025)
- Ores and metals exports 1.7% (2025)
- Gas production 0 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 0 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 0 terawatt-hours (2024)
- Gas production per person 0 kilowatt-hours per person (2024)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2024)
Frequently asked questions
- What is fuel exports in Latvia?
- Fuel exports in Latvia was 8.5% in 2025, according to Staff estimates, World Bank (WB).
- What is the highest fuel exports recorded in Latvia?
- The highest recorded value was 12.3% in 2022.
- What is the lowest fuel exports recorded in Latvia?
- The lowest recorded value was 1.0% in 1997.
- How does Latvia rank for fuel exports?
- Latvia ranks 62nd out of 192 countries with data for 2025.
- Is fuel exports rising or falling in Latvia?
- Over the last ten years it is up 14.3%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Fuel exports (% of merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Fuels comprise the commodities in SITC (Rev. 3) section 3 (mineral fuels, lubricants and related materials). This indicator is expressed as a percentage of merchandise exports which is comprised of goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e.