Summary
- Latvia → Lithuania
- $3.4billion
- Lithuania → Latvia
- $4.3billion
- Latvia’s balance
- -$866million
Balance
Latvia’s trade balance with Lithuania
Trade between Latvia and Lithuania grew 29.9-fold since 1995
USD billions (current). Latvia’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 3.4
- Imports 4.3
- Balance -0.9
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $121 million | $137 million | -$16 million |
| 1996 | $153 million | $169 million | -$17 million |
| 1997 | $192 million | $199 million | -$7 million |
| 1998 | $226 million | $216 million | $10 million |
| 1999 | $222 million | $225 million | -$2 million |
| 2000 | $109 million | $215 million | -$106 million |
| 2001 | $124 million | $496 million | -$372 million |
| 2002 | $140 million | $356 million | -$216 million |
| 2003 | $176 million | $545 million | -$369 million |
| 2004 | $471 million | $846 million | -$374 million |
| 2005 | $607 million | $1.1 billion | -$535 million |
| 2006 | $919 million | $1.4 billion | -$510 million |
| 2007 | $1.3 billion | $2 billion | -$710 million |
| 2008 | $1.6 billion | $2.5 billion | -$867 million |
| 2009 | $1.2 billion | $1.5 billion | -$299 million |
| 2010 | $1.4 billion | $1.7 billion | -$345 million |
| 2011 | $2 billion | $2.6 billion | -$620 million |
| 2012 | $1.8 billion | $2.9 billion | -$1 billion |
| 2013 | $2.1 billion | $3 billion | -$895 million |
| 2014 | $2.3 billion | $2.7 billion | -$374 million |
| 2015 | $2.2 billion | $2.3 billion | -$25 million |
| 2016 | $2.2 billion | $2.3 billion | -$65 million |
| 2017 | $2.2 billion | $2.8 billion | -$599 million |
| 2018 | $2.5 billion | $3.1 billion | -$623 million |
| 2019 | $2.4 billion | $3 billion | -$536 million |
| 2020 | $2.5 billion | $3 billion | -$479 million |
| 2021 | $3.5 billion | $3.7 billion | -$159 million |
| 2022 | $4.2 billion | $6.4 billion | -$2.3 billion |
| 2023 | $3.8 billion | $4.5 billion | -$696 million |
| 2024 | $3.4 billion | $4.3 billion | -$866 million |
What they sell each other
What Latvia sells to Lithuania
The top 10 headings in 2024, with their share of the total.
What Lithuania sells to Latvia
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Riga and Klaipeda is 242 nautical miles (447 km) long: ≈ 0.5 days at sea (at 18 and 14 knots).
It does not cross any major canal or strait.
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
Lithuania was Latvia’s largest trading partner (19% of its trade), and Latvia was Lithuania’s 3rd (10%).
- Lithuania in Latvia’s trade
- 19.1%
- Lithuania’s rank among Latvia’s partners
- 1st
- Latvia in Lithuania’s trade
- 9.8%
- Latvia’s rank among Lithuania’s partners
- 3rd
Compare with
Other partners of Latvia
Other partners of Lithuania
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.