Latvia Merchandise Exports (USD bn)

Exports (USD billion)

Exports are defined as movable goods produced within the boundaries of one country, which are traded with another country. The sale of these goods generates foreign currency earnings in the country that produces them and boosts its economic growth. The greater the proportion of exports in relation to a country’s Gross Domestic Product (GDP), the larger the boost will be to overall growth when overseas demand increases. Demand for exports is subject to economic conditions in foreign countries as well as prices, quality perception and reliability. In addition, a country’s production and flow of exports depend on trade restrictions, such as tariffs or quotas, and on subsidies, both domestically and abroad.

This chart displays Merchandise Exports (USD bn) for Middle East & North Africa, Latin America, Euro Area, South Asia, Major Economies from 2010 to 2022.

Exports (USD billion) Data

2018 2019 2020 2021 2022
Albania 1.2 1.0 0.9 1.5 2.0
Austria 177 172 163 196 205
Belgium 468 447 421 550 637
Bosnia-Herz. 1.6 1.4 1.5 2.2 2.2
Bulgaria 32.7 32.6 31.1 40.7 49.6
Croatia 14.4 14.3 13.7 17.5 21.5
Cyprus 4.4 3.4 3.4 4.2 4.8
Czech Republic 161 156 146 176 184
Denmark 108 110 107 125 131
Estonia 14.9 14.9 15.1 19.4 21.2
Euro Area 2,742 2,667 2,482 2,948 3,079
Afghanistan 0.9 0.9 0.8 - -
Algeria 41.1 35.3 21.9 38.6 -
Andorra 0.1 0.1 0.2 0.3 -
Angola 40.8 34.7 20.9 33.6 50.0
Antigua and Barbuda 0.0 0.1 0.0 0.0 -
Argentina 61.8 65.1 54.9 77.9 88.4
Armenia 2.7 3.4 2.7 3.3 5.7
Aruba 0.2 0.1 0.1 0.1 0.2
Australia 257 271 250 345 413
Azerbaijan 20.8 19.9 12.6 21.7 40.9
Bahamas, The 0.6 0.7 0.4 0.6 -
Bahrain 18.0 18.1 14.0 22.3 30.1
Bangladesh 38.6 39.0 32.4 42.0 51.0
Belarus 33.4 32.3 28.4 39.1 37.6
Belize 0.4 0.4 0.3 0.4 0.5
Benin 3.3 3.1 3.0 3.6 -
Bhutan 0.6 0.6 0.7 0.7 0.8
Bolivia 8.9 8.8 7.0 11.0 13.5
Botswana 6.6 5.3 4.3 7.4 8.3
Brazil 232 221 209 281 334
Brunei 6.5 7.2 6.5 11.0 14.1
Burkina Faso 3.2 3.2 4.4 5.1 4.5
Burundi 0.2 0.2 0.2 0.2 0.2
Cabo Verde 0.3 0.3 0.1 0.2 0.3
Cambodia 13.0 15.1 18.6 19.7 23.3
Cameroon 5.2 5.5 4.4 6.0 -
Canada 452 449 390 507 599
CdI 11.9 12.6 12.5 15.3 16.3
Chad 2.7 2.6 1.7 2.7 3.3
Chile 74.8 68.8 74.0 94.8 98.5
China 2,487 2,499 2,590 3,357 3,561
Colombia 43.0 40.7 32.3 42.7 59.6
Comoros 0.0 0.0 0.0 0.0 0.1
Congo 0.0 7.6 4.4 - -
Costa Rica 11.7 11.8 12.1 14.9 16.7
Cuba 2.4 2.1 1.7 2.0 1.8
Djibouti 3.5 4.0 2.8 4.1 4.5
Dominica 0.0 0.0 0.0 0.0 -
Dominican Republic 10.6 11.2 10.3 12.5 13.8
DR Congo 16.0 15.0 13.8 22.2 -
Ecuador 22.2 22.8 20.6 27.0 33.0
Egypt 25.8 28.5 26.4 28.7 43.9
El Salvador 4.7 4.7 3.9 5.2 5.7
Equatorial Guinea 6.5 5.4 3.2 5.7 8.0
Eritrea 0.7 0.8 0.6 0.6 0.7
Ethiopia 2.7 2.7 3.3 3.9 4.0
Fiji 1.0 1.0 0.8 0.8 1.1
Gabon 6.2 6.7 6.2 7.6 9.2
Gambia, The 0.1 0.1 0.1 0.0 0.1
Georgia 4.4 4.9 4.3 5.5 7.5
Ghana 14.9 15.7 14.5 14.7 17.5
Grenada 0.0 0.0 0.0 0.0 0.0
Guatemala 9.6 9.9 10.1 12.4 14.3
Guinea 4.0 3.9 8.9 10.2 11.2
Guinea-Bissau 0.3 0.2 0.2 0.2 0.2
Guyana 1.3 1.6 2.6 4.4 11.0
Haiti 1.1 1.2 0.9 1.1 -
Honduras 8.6 8.8 7.7 10.2 12.2
Hong Kong 531 510 507 639 580
India 330 313 292 422 438
Indonesia 181 168 163 233 293
Iran 92.7 60.0 49.8 79.5 -
Iraq 86.4 81.6 46.8 73.1 -
Israel 60.2 60.4 59.1 69.8 79.9
Jamaica 2.0 1.7 1.3 1.5 1.9
Japan 736 697 629 749 751
Jordan 7.8 8.3 8.0 9.4 12.4
Kazakhstan 59.0 59.5 44.1 65.8 85.4
Kenya 6.1 5.9 6.1 6.7 7.4
Kiribati 0.0 0.0 0.0 0.0 -
Korea 605 542 512 644 684
Kuwait 77.0 64.7 40.1 68.4 100.3
Kyrgyzstan 1.9 2.0 2.0 2.8 2.2
Laos 5.4 5.8 6.1 7.7 8.2
Lebanon 3.5 4.5 3.8 4.3 -
Lesotho 1.2 1.1 0.9 1.1 1.1
Liberia 0.5 0.5 - - -
Libya 29.8 29.1 9.3 - -
Macao 2.0 1.9 4.2 8.0 -
Madagascar 3.0 2.6 1.9 2.7 -
Malawi 0.9 1.1 0.8 1.1 -
Malaysia 249 240 234 299 352
Maldives 0.3 0.4 0.3 0.3 0.4
Mali 3.6 3.7 4.8 5.0 5.3
Marshall Islands 0.0 0.1 0.0 0.0 0.0
Mauritania 2.1 2.3 2.8 3.3 3.2
Mauritius 2.4 2.2 1.8 2.0 2.3
Mexico 451 461 417 495 578
Micronesia, Federated States of 0.0 0.0 0.1 0.1 0.1
Moldova 2.0 2.1 1.9 2.6 3.7
Mongolia 6.6 7.2 7.0 8.1 9.9
Morocco 24.6 24.7 23.6 31.6 36.3
Mozambique 5.0 4.7 3.6 5.6 8.3
Myanmar 11.1 10.8 9.8 9.5 -
Namibia 7.5 6.3 5.6 6.7 7.1
Nauru 0.0 0.0 0.1 0.1 0.1
Nepal 0.8 1.0 0.9 1.7 1.3
New Zealand 39.6 39.5 38.5 44.9 45.6
Nicaragua 4.2 4.3 4.4 5.6 6.3
Niger 1.2 1.1 1.1 1.2 1.2
Nigeria 61.2 65.0 35.9 46.9 64.2
Oman 41.7 38.7 33.5 44.6 -
Pakistan 24.8 24.3 22.5 25.6 32.5
Palau 0.0 0.0 0.0 0.0 0.0
Panama 14.8 14.6 11.6 16.7 20.9
Papua New Guinea 10.5 11.4 9.3 10.9 15.2
Paraguay 13.2 12.1 11.0 13.2 12.8
Peru 49.1 48.0 42.8 63.0 66.2
Philippines 69.3 70.9 65.2 74.7 79.0
Puerto Rico 60.5 63.7 62.2 57.9 59.8
Qatar 84.3 72.9 51.5 87.2 130.9
Russia 444 420 334 494 591
Rwanda 1.1 1.2 1.4 1.5 2.1
Saint Kitts and Nevis 0.0 0.0 0.0 0.0 -
Saint Lucia 0.1 0.1 0.1 0.1 -
Saint Vincent and the Grenadines 0.0 0.0 0.1 0.0 0.0
Samoa 0.0 0.1 0.0 0.0 0.0
Sao Tome and Principe 0.0 0.0 0.0 0.0 0.0
Saudi Arabia 294 262 174 276 410
Senegal 3.9 4.4 4.2 5.5 5.7
Seychelles 0.6 0.5 0.5 0.5 -
Sierra Leone 0.7 0.6 0.6 1.0 -
Singapore 461 442 420 514 579
Solomon Islands 0.6 0.5 0.4 0.4 0.3
Somalia 0.5 0.6 0.5 0.5 0.6
South Africa 94.3 90.0 84.7 121.5 123.2
South Sudan 1.7 1.6 0.8 0.5 -
Sri Lanka 11.9 11.9 10.0 12.5 13.1
Sudan 3.5 3.7 3.8 4.3 4.2
Suriname 2.2 2.2 2.2 1.5 1.7
Swaziland 18.3 19.8 17.4 20.6 -
Syrian Arab Republic 0.6 0.5 0.9 0.8 1.0
Taiwan 334 329 345 446 479
Tajikistan 0.9 1.0 1.3 2.0 1.6
Tanzania 4.3 5.4 6.4 6.8 7.2
Thailand 251 243 227 271 285
Timor-Leste 0.0 0.2 0.3 0.6 0.4
Togo 1.1 1.1 1.2 - -
Tonga 0.0 0.0 0.0 0.0 0.0
Trinidad and Tobago 10.8 8.8 6.0 11.1 16.7
Tunisia 15.6 15.0 13.8 16.8 18.5
Turkey 179 182 168 225 253
Turkmenistan 9.7 10.5 6.4 - -
Tuvalu 0.0 0.0 0.0 0.0 -
UAE 321 314 272 323 -
Uganda 3.6 4.1 4.5 4.5 4.3
Ukraine 43.3 46.1 45.1 63.1 40.9
United Kingdom 467 464 394 445 510
United States 1,677 1,655 1,434 1,766 2,090
Uruguay 11.8 11.9 10.1 15.7 17.1
Uzbekistan 11.4 13.9 12.8 14.1 17.1
Vanuatu 0.1 0.1 0.0 0.1 0.1
Venezuela 33.7 - - - -
Vietnam 244 264 283 336 371
West Bank and Gaza 1.8 1.7 1.7 2.3 2.6
Yemen 0.6 0.7 0.4 0.7 -
Zambia 9.0 7.2 8.0 11.2 11.5
Zimbabwe 4.7 4.7 4.9 6.4 7.0
Finland 74.2 72.7 67.2 83.0 93.1
France 613 596 504 622 669
Germany 1,530 1,473 1,349 1,600 1,622
Greece 38.2 36.3 33.0 46.5 56.2
Hungary 104 104 101 119 131
Iceland 5.6 5.3 4.6 6.0 7.4
Ireland 250 253 277 332 373
Italy 533 514 473 587 622
Kosovo 0.4 0.4 0.5 0.9 1.0
Latvia 14.9 14.3 15.3 19.2 21.8
Lithuania 33.4 33.2 32.7 40.8 46.6
Luxembourg 28.2 27.0 24.5 29.0 27.5
Malta 3.7 3.9 3.4 3.5 3.8
Montenegro 0.5 0.5 0.5 0.6 0.8
Netherlands 572 549 523 664 730
North Macedonia 5.8 6.0 5.5 7.1 7.7
Norway 122.9 104.0 82.8 173.6 276.8
Poland 242 247 253 312 337
Portugal 68.3 67.1 61.3 75.2 82.4
Romania 72.9 70.6 65.6 83.0 90.2
San Marino 0.2 0.1 0.1 - -
Serbia 17.8 18.4 18.4 24.8 28.3
Slovakia 88.7 84.5 79.8 96.1 101.5
Slovenia 36.3 35.8 33.8 41.7 44.8
Spain 336 325 298 374 409
Sweden 180 179 170 211 218
Switzerland 345 343 353 438 476

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