Summary
- Denmark → Latvia
- $453million
- Latvia → Denmark
- $844million
- Denmark’s balance
- -$392million
Balance
Denmark’s trade balance with Latvia
Trade between Denmark and Latvia grew 10.8-fold since 1995
USD millions (current). Denmark’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 453
- Imports 844
- Balance -392
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $66 million | $54 million | $12 million |
| 1996 | $101 million | $80 million | $21 million |
| 1997 | $95 million | $98 million | -$3 million |
| 1998 | $126 million | $108 million | $18 million |
| 1999 | $120 million | $134 million | -$14 million |
| 2000 | $99 million | $133 million | -$34 million |
| 2001 | $113 million | $177 million | -$65 million |
| 2002 | $124 million | $173 million | -$49 million |
| 2003 | $171 million | $248 million | -$77 million |
| 2004 | $206 million | $238 million | -$33 million |
| 2005 | $252 million | $282 million | -$30 million |
| 2006 | $309 million | $342 million | -$32 million |
| 2007 | $404 million | $379 million | $26 million |
| 2008 | $448 million | $522 million | -$74 million |
| 2009 | $240 million | $365 million | -$125 million |
| 2010 | $245 million | $303 million | -$58 million |
| 2011 | $345 million | $447 million | -$102 million |
| 2012 | $363 million | $499 million | -$137 million |
| 2013 | $351 million | $549 million | -$198 million |
| 2014 | $361 million | $540 million | -$179 million |
| 2015 | $307 million | $498 million | -$191 million |
| 2016 | $299 million | $519 million | -$220 million |
| 2017 | $368 million | $504 million | -$135 million |
| 2018 | $381 million | $638 million | -$257 million |
| 2019 | $365 million | $559 million | -$194 million |
| 2020 | $390 million | $632 million | -$242 million |
| 2021 | $470 million | $877 million | -$408 million |
| 2022 | $491 million | $887 million | -$396 million |
| 2023 | $481 million | $905 million | -$424 million |
| 2024 | $453 million | $844 million | -$392 million |
What they sell each other
What Denmark sells to Latvia
The top 10 headings in 2024, with their share of the total.
What Latvia sells to Denmark
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Aarhus and Riga is 632 nautical miles (1,170 km) long: ≈ 1.5–2 days at sea (at 18 and 14 knots).
Passages it crosses: Øresund.
Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Latvia was Denmark’s 30th largest trading partner (0.6% of its trade), and Denmark was Latvia’s 10th (3%).
- Latvia in Denmark’s trade
- 0.6%
- Latvia’s rank among Denmark’s partners
- 30th
- Denmark in Latvia’s trade
- 3.2%
- Denmark’s rank among Latvia’s partners
- 10th
Compare with
Other partners of Denmark
Other partners of Latvia
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.