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How much of Latvia’s trade passes through the Strait of Gibraltar?

In 2024, an estimated $3.8 billion of Latvia’s trade passed through the Strait of Gibraltar, 15% of its seaborne trade. That is $1.6 billion of exports and $2.2 billion of imports. The partners with the most trade through it are Italy, Ukraine and Turkey.

Summary

Estimated value
$3.8billion
Of its seaborne trade
15%
Exports
$1.6billion
Imports
$2.2billion

Trend

Estimated value per year

Latvia’s estimated trade through the Strait of Gibraltar fell 19% between 2019 and 2024

Value in USD billions

  • Latvia 3.8

Source: CEPII BACI

Show the numbers
YearEstimated valueOf its seaborne trade
1995$531 million15.8%
1996$758 million18.9%
1997$865 million19.3%
1998$805 million17.6%
1999$626 million14.9%
2000$716 million15.5%
2001$725 million15.3%
2002$838 million16.2%
2003$1.1 billion17%
2004$1.4 billion16.3%
2005$1.7 billion15.7%
2006$2.4 billion17.5%
2007$3.5 billion20.8%
2008$3.7 billion22.2%
2009$2.8 billion25.6%
2010$3.3 billion25.5%
2011$4 billion23.9%
2012$4.6 billion27.3%
2013$4 billion24.6%
2014$3.9 billion22.9%
2015$3.5 billion22.2%
2016$3.4 billion21.7%
2017$4.3 billion23.9%
2018$5.3 billion25.8%
2019$4.6 billion23.8%
2020$4.4 billion23%
2021$5 billion20.8%
2022$6.4 billion22.1%
2023$5.9 billion21.5%
2024$3.8 billion15%

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–Italy$787 million · 20.9%
  2. Latvia–Ukraine$389 million · 10.3%
  3. Latvia–Turkey$339 million · 9%
  4. Latvia–Slovakia$301 million · 8%
  5. Latvia–Hungary$247 million · 6.5%
  6. Latvia–Kazakhstan$226 million · 6%
  7. Latvia–Austria$218 million · 5.8%
  8. Latvia–Uzbekistan$146 million · 3.9%
  9. Latvia–Romania$125 million · 3.3%
  10. Latvia–China$122 million · 3.2%

What crosses it

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

  1. Refined petroleum$147 million · 3.9%
  2. Spirits$134 million · 3.5%
  3. Monitors and projectors$110 million · 2.9%
  4. Ferrous scrap$107 million · 2.9%
  5. Wine$92 million · 2.5%
  6. Peat$91 million · 2.4%
  7. Sawn wood$85 million · 2.3%
  8. Cars$76 million · 2%
  9. Plywood$72 million · 1.9%
  10. Medicines in measured doses or retail packs$67 million · 1.8%

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.

All maritime chokepoints