Merchandise Imports in Latvia
Merchandise imports were worth EUR 24.8 billion in 2022 compared to EUR 12.6 billion ten years earlier and EUR 15.4 billion in 2021. Imports averaged EUR 19.0 billion over the last decade. For more imports information, visit our dedicated page.
Latvia Merchandise Imports Chart
Note: This chart displays Merchandise Imports (EUR bn) for Latvia from 2019 to 2018.
Source: Macrobond.
Latvia Merchandise Imports Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Merchandise Imports (EUR bn) | 15.4 | 15.0 | 19.0 | 24.8 | 22.3 |
| Merchandise Imports (ann. var. %) | 1.9 | -2.5 | 26.5 | 30.8 | -10.2 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Latvian merchandise imports projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable merchandise imports forecast available for Latvian merchandise imports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Latvian merchandise imports projections.
Want to get access to the full dataset of Latvian merchandise imports forecasts? Send an email to info@focus-economics.com.