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How much of Latvia’s trade passes through the Øresund?

In 2024, an estimated $13.4 billion of Latvia’s trade passed through the Øresund, 53.2% of its seaborne trade. That is $7.4 billion of exports and $6 billion of imports. The partners with the most trade through it are the Netherlands, the United Kingdom and Denmark.

Summary

Estimated value
$13.4billion
Of its seaborne trade
53.2%
Exports
$7.4billion
Imports
$6billion

Trend

Estimated value per year

Latvia’s estimated trade through the Øresund rose 24% between 2019 and 2024

Value in USD billions

  • Latvia 13.4

Source: CEPII BACI

Show the numbers
YearEstimated valueOf its seaborne trade
1995$1.9 billion57.6%
1996$2.5 billion62.8%
1997$2.7 billion61.2%
1998$2.7 billion58.7%
1999$2.5 billion59.9%
2000$2.8 billion61.2%
2001$2.8 billion60%
2002$2.9 billion57%
2003$3.9 billion58.5%
2004$5.2 billion58.8%
2005$6.4 billion58.8%
2006$8.1 billion59.1%
2007$9.3 billion55.6%
2008$9.7 billion58.7%
2009$6.5 billion58.7%
2010$7.1 billion55.5%
2011$9.4 billion56.4%
2012$10.1 billion59.2%
2013$9.4 billion57.6%
2014$9.8 billion56.8%
2015$8.5 billion54.8%
2016$8.7 billion55.4%
2017$9.9 billion55.6%
2018$11.6 billion56.3%
2019$10.8 billion55.4%
2020$10.9 billion56.1%
2021$13.5 billion56.3%
2022$16.2 billion55.6%
2023$14.8 billion54.3%
2024$13.4 billion53.2%

Partners whose trade crosses it

Estimated value of its trade with each partner that crosses the chokepoint; the percentage is the share of all its trade through the chokepoint, not of the pair’s trade.

  1. Latvia–Netherlands$1.3 billion · 9.5%
  2. Latvia–United Kingdom$1.2 billion · 8.7%
  3. Latvia–Denmark$1.1 billion · 8.6%
  4. Latvia–China$811 million · 6.1%
  5. Latvia–Italy$787 million · 5.9%
  6. Latvia–Norway$624 million · 4.7%
  7. Latvia–France$580 million · 4.3%
  8. Latvia–Belgium$574 million · 4.3%
  9. Latvia–United States$568 million · 4.2%
  10. Latvia–Nigeria$447 million · 3.3%

What crosses it

The products with the highest estimated value in 2024, with their share of the total through the chokepoint.

  1. Wheat$742 million · 5.6%
  2. Sawn wood$725 million · 5.4%
  3. Refined petroleum$550 million · 4.1%
  4. Firewood and wood chips$515 million · 3.9%
  5. Spirits$457 million · 3.4%
  6. Peat$270 million · 2%
  7. Plywood$266 million · 2%
  8. Industrial fatty acids and oils$205 million · 1.5%
  9. Furniture$205 million · 1.5%
  10. Cars$182 million · 1.4%

Reference ports

Riga (100%)

Each port with the weight it receives from the country’s trade, based on where its GDP is generated and which coast is closest.

Other chokepoints it uses

Sources and method

Sources and licenses

Methodology

We estimate the value crossing each chokepoint from BACI trade that travels by sea according to our mode heuristic, split between each country’s ports by where its GDP is generated and which coast is closest, and routed over our own sea network. It is an estimate, not a count of ships. It covers 99.9% of seaborne trade. The approach follows Verschuur, Lumma and Hall (Nature Communications, 2025). Data up to 2024.

The Great Belt is not included in the estimate: only the trade that crosses the Øresund is counted.

All maritime chokepoints