Latvia - Trade Openness 2019
125.29%
−2.94% from 2018
Latvia's trade openness was 125.29% in 2019, decreased +2.94% from 128.23% in 2018. This was the 150th highest globally.
Global Ranking - 2019▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Cuba | 22.82% | -15.7% |
| 2nd | Sudan | 26.12% | 19.4% |
| 3rd | United States | 26.45% | -4.2% |
| 4th | Brazil | 28.89% | 0.0% |
| 5th | Pakistan | 28.91% | 4.6% |
| 6th | Bangladesh | 31.58% | -2.9% |
| 7th | Kenya | 31.76% | -7.7% |
| 8th | Argentina | 32.63% | 6.1% |
| 9th | Tanzania | 33.02% | 1.2% |
| 10th | China | 35.20% | -4.6% |
| 11th | Japan | 35.22% | -3.8% |
| 12th | Niger | 37.10% | -1.2% |
| 13th | Colombia | 37.56% | 2.8% |
| 14th | Sierra Leone | 37.56% | 0.5% |
| 15th | Indonesia | 37.63% | -12.6% |
| 16th | Uganda | 39.36% | 7.4% |
| 17th | India | 39.91% | -8.5% |
| 18th | Egypt, Arab Republic of | 41.12% | -10.4% |
| 19th | Syrian Arab Republic | 42.00% | -17.1% |
| 20th | Comoros | 42.27% | -1.7% |
| 21st | Cameroon | 43.38% | 6.9% |
| 22nd | Malawi | 44.20% | 1.4% |
| 23rd | Turkmenistan | 44.29% | -13.0% |
| 24th | Haiti | 44.57% | -1.3% |
| 25th | Côte d'Ivoire | 44.66% | -3.0% |
| 26th | Guatemala | 45.52% | -3.2% |
| 27th | Bolivia, Plurinational State of | 45.82% | -2.4% |
| 28th | Australia | 46.00% | 5.6% |
| 29th | Zimbabwe | 46.11% | -15.5% |
| 30th | Algeria | 46.51% | -11.3% |
| 31st | Chad | 46.68% | -0.1% |
| 32nd | Peru | 46.94% | -3.5% |
| 33rd | Ecuador | 48.08% | 0.2% |
| 34th | Iran, Islamic Republic of | 48.59% | -14.2% |
| 35th | Russian Federation | 49.23% | -4.6% |
| 36th | Nepal | 49.25% | 1.7% |
| 37th | Sri Lanka | 49.43% | -0.8% |
| 38th | Uruguay | 49.74% | 4.1% |
| 39th | Guinea-Bissau | 49.94% | -9.2% |
| 40th | Central African Republic | 50.07% | 0.8% |
| 41st | Dominican Republic | 50.91% | -2.7% |
| 42nd | South Africa | 53.90% | -1.1% |
| 43rd | Mali | 54.00% | 6.5% |
| 44th | New Zealand | 54.45% | -2.4% |
| 45th | Gambia, The | 56.00% | -13.6% |
| 46th | Tajikistan | 56.05% | 0.4% |
| 47th | Israel | 56.33% | -4.1% |
| 48th | Togo | 56.34% | -2.1% |
| 49th | Saudi Arabia | 56.79% | -3.9% |
| 50th | Chile | 57.61% | -1.0% |
| 51st | Rwanda | 57.98% | 3.9% |
| 52nd | New Caledonia | 58.21% | -1.5% |
| 53rd | Italy | 58.69% | -1.0% |
| 54th | Burkina Faso | 60.41% | -0.3% |
| 55th | Angola | 60.71% | 3.1% |
| 56th | Congo, Democratic Republic of | 60.91% | -16.0% |
| 57th | Türkiye | 62.58% | -0.4% |
| 58th | Madagascar | 62.60% | -7.7% |
| 59th | Lebanon | 62.98% | -7.7% |
| 60th | French Polynesia | 63.31% | -2.6% |
| 61st | Benin | 63.68% | 3.1% |
| 62nd | Senegal | 64.24% | 4.0% |
| 63rd | Kazakhstan | 64.86% | 2.1% |
| 64th | Uzbekistan | 64.96% | 1.3% |
| 65th | United Kingdom | 65.00% | 0.1% |
| 66th | Costa Rica | 65.76% | -1.8% |
| 67th | Canada | 66.17% | -0.6% |
| 68th | Spain | 66.37% | -1.0% |
| 69th | France | 66.43% | -0.6% |
| 70th | Bahamas, The | 68.79% | -4.7% |
| 71st | Zambia | 68.79% | -8.1% |
| 72nd | Philippines | 68.84% | -4.6% |
| 73rd | Iraq | 68.99% | 4.8% |
| 74th | West Bank and Gaza | 68.99% | -3.4% |
| 75th | Somalia, Fed. Rep. | 70.30% | -4.8% |
| 76th | Timor-Leste | 70.61% | 8.9% |
| 77th | Norway | 70.90% | 1.3% |
| 78th | Paraguay | 71.22% | -1.2% |
| 79th | Korea | 71.45% | -4.4% |
| 80th | Gabon | 73.43% | -4.7% |
| 81st | Albania | 75.38% | -0.4% |
| 82nd | Morocco | 76.00% | -1.6% |
| 83rd | El Salvador | 76.04% | 0.5% |
| 84th | Bhutan | 76.12% | -4.5% |
| 85th | Ghana | 76.82% | 13.0% |
| 86th | Mexico | 77.46% | -3.4% |
| 87th | Bermuda | 77.56% | 0.0% |
| 88th | Guam | 78.06% | 7.0% |
| 89th | Guinea | 78.42% | -11.9% |
| 90th | Libya | 78.99% | 23.9% |
| 91st | Germany | 79.07% | -0.1% |
| 92nd | Panama | 80.43% | -6.6% |
| 93rd | Finland | 80.56% | 1.8% |
| 94th | Greece | 80.59% | 1.7% |
| 95th | Namibia | 82.90% | 1.5% |
| 96th | Solomon Islands | 83.00% | -6.2% |
| 97th | Botswana | 83.09% | -5.0% |
| 98th | Samoa | 83.33% | 5.6% |
| 99th | Iceland | 83.79% | -5.8% |
| 100th | Romania | 84.91% | -2.5% |
| 101st | Jordan | 85.69% | -2.2% |
| 102nd | Kosovo | 85.75% | -0.7% |
| 103rd | Azerbaijan | 85.82% | -6.4% |
| 104th | Oman | 86.48% | -3.1% |
| 105th | Eswatini | 86.64% | 1.3% |
| 106th | Portugal | 86.77% | 0.0% |
| 107th | Moldova | 87.63% | 0.2% |
| 108th | Tonga | 88.05% | 2.3% |
| 109th | Qatar | 90.05% | -2.0% |
| 110th | Ukraine | 90.51% | -8.8% |
| 111th | European Union | 90.55% | 0.1% |
| 112th | Congo, Republic of | 91.58% | -9.0% |
| 113th | Kuwait | 91.69% | -10.8% |
| 114th | Greenland | 92.19% | 2.7% |
| 115th | Sweden | 92.75% | 2.6% |
| 116th | Mauritania | 93.49% | 4.9% |
| 117th | Nicaragua | 94.04% | 0.1% |
| 118th | Kyrgyz Republic | 94.43% | -4.5% |
| 119th | Bosnia and Herzegovina | 94.52% | -4.0% |
| 120th | Equatorial Guinea | 94.88% | -8.5% |
| 121st | Micronesia, Federated States of | 95.69% | -7.6% |
| 122nd | Armenia | 97.85% | 5.8% |
| 123rd | Kiribati | 98.31% | 17.9% |
| 124th | Vanuatu | 99.38% | -10.2% |
| 125th | Honduras | 99.46% | -4.0% |
| 126th | Croatia | 101.39% | 2.3% |
| 127th | Poland | 101.58% | -0.8% |
| 128th | Tunisia | 102.33% | -1.5% |
| 129th | Belize | 102.44% | 1.4% |
| 130th | Cabo Verde | 103.60% | -2.1% |
| 131st | Northern Mariana Islands | 104.75% | -3.7% |
| 132nd | Mozambique | 105.59% | -15.3% |
| 133rd | Puerto Rico (US) | 107.57% | 1.5% |
| 134th | Serbia | 107.58% | 1.9% |
| 135th | Austria | 108.21% | -0.2% |
| 136th | Brunei Darussalam | 108.51% | 15.6% |
| 137th | Faroe Islands | 108.62% | 1.6% |
| 138th | Thailand | 109.69% | -9.2% |
| 139th | Montenegro | 110.02% | -1.0% |
| 140th | Denmark | 111.89% | 2.8% |
| 141st | Cayman Islands | 114.84% | -1.9% |
| 142nd | Macao SAR, China | 115.23% | -1.1% |
| 143rd | Palau | 115.46% | -2.0% |
| 144th | Cambodia | 115.74% | -2.3% |
| 145th | Georgia | 117.81% | 7.2% |
| 146th | Malaysia | 123.03% | -5.7% |
| 147th | Switzerland | 124.13% | -0.2% |
| 148th | Mongolia | 124.40% | -1.6% |
| 149th | Bulgaria | 125.26% | -3.0% |
| 150th | Latvia | 125.29% | -2.3% |
| 151st | Mauritius | 127.94% | 3.6% |
| 152nd | Belarus | 130.85% | -6.1% |
| 153rd | Bahrain | 135.42% | -6.0% |
| 154th | Maldives | 137.13% | -3.8% |
| 155th | Antigua and Barbuda | 137.54% | 5.3% |
| 156th | Aruba | 137.96% | -0.6% |
| 157th | Czechia | 138.15% | -4.8% |
| 158th | North Macedonia | 138.58% | 4.0% |
| 159th | Estonia | 140.35% | -2.2% |
| 160th | Lesotho | 140.52% | -2.7% |
| 161st | Lithuania | 148.37% | 0.8% |
| 162nd | Cyprus | 150.51% | 2.0% |
| 163rd | Marshall Islands | 153.01% | 19.1% |
| 164th | Virgin Islands (US) | 155.42% | -2.4% |
| 165th | Nauru | 155.91% | 10.9% |
| 166th | American Samoa | 156.57% | -8.9% |
| 167th | Hungary | 159.93% | -1.7% |
| 168th | Slovenia | 160.04% | -1.6% |
| 169th | Netherlands | 160.68% | -1.8% |
| 170th | United Arab Emirates | 163.82% | 5.9% |
| 171st | Viet Nam | 164.70% | 0.0% |
| 172nd | Belgium | 165.47% | -1.7% |
| 173rd | Seychelles | 173.41% | -6.6% |
| 174th | Slovak Republic | 183.72% | -2.7% |
| 175th | Malta | 233.07% | 2.2% |
| 176th | Ireland | 257.65% | 15.8% |
| 177th | San Marino | 307.26% | -0.7% |
| 178th | Djibouti | 320.94% | 6.8% |
| 179th | Singapore | 324.39% | -0.7% |
| 180th | Hong Kong SAR, China | 353.74% | -6.1% |
| 181st | Luxembourg | 382.66% | 5.7% |
FAQ
What was Latvia's trade openness in 2019?▾
Latvia's trade openness in 2019 was 125.29%. This ranked 150th globally.
How did Latvia's trade openness change in 2019?▾
Latvia's trade openness decreased by 2.3% in 2019 compared to 2018.
Which country had the highest trade openness in 2019?▾
Luxembourg had the highest trade openness in 2019 at 382.66%.
What is the trade openness of Latvia in 2019?▾
The trade openness of Latvia in 2019 was 125.29%. This ranked 150th globally.
How does 2019 compare to 2018 for Latvia's trade openness?▾
Latvia's trade openness went from 128.23% in 2018 to 125.29% in 2019, a 2.3% decrease.
Related
2018
2020
All years
Full ranking 2019
Exports
Imports
Trade Balance
Current Account Balance
FDI Inflows
Peak: 2022
Lowest: 1995
Trade Openness 1990s
Trade Openness 2000s
Trade Openness 2010s
Trade Openness 2020s
Highest ever
Lowest ever
Average
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vs Barbados
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European Union Trade Openness
NATO Trade Openness
OECD Trade Openness
Global Ranking