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Maritime profile: Latvia

GENERAL INFORMATION FOR 2024
Population
GDP
Merchandise trade¹
1.872 Millions
43 238 Millions current US$
44 402 Millions current US$
Land area²
GDP growth
Transport services trade³
(p) 62 230 Km²
-0.30 %
14 279 Millions current US$
MARITIME KEY FIGURES FOR 2024
More data on UNCTADstat
Coast/area ratio²
Ship building⁴
Ship recycling⁴
9.1 m/km²
..
2 322 GT
Fleet - National flag⁵
Fleet - National flag⁵
Fleet - Ownership⁶
204 Thousands DWT
90 ships
1 033 Thousands DWT
Number of port calls⁹
Container port throughput⁷
Number of seafarers⁸
468 895 TEU
8 088
-
WORLD SHARES FOR 2024
0.02 %0.03 %0.04 %0.08 %0.10 % Less than 0.01% of the World total0.02 %0.04 %0.04 %No value reported or collected0.04 %0.64 %0.25 %0.05 %Not publishableNot publishableNot publishableNot publishableNot publishableNo value reported or collected0.02 %0.03 %0.04 %0.08 %0.10 % Less than 0.01% of the World total0.02 %0.04 %0.04 %No value reported or collected0.04 %0.64 %0.25 %0.05 %Not publishableNot publishableNot publishableNot publishableNot publishableNo value reported or collected
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-8.8 %
Merchandise exports growth rate in 2024
Total merchandise trade
(millions of US$)
2005
2010
2015
2024
Merchandise exports
5 161
9 532
12 286
20 666
Merchandise imports
8 697
11 691
14 719
23 736
Merchandise trade balance
-3 536
-2 159
-2 432
-3 070
Export structure by product group in 2024
(as % of total exports)
2 %2 %55 %55 %7 %7 %12 %12 %23 %23 %
Top 5 partners in 2024
(exports, millions of US$)
3 8172 1461 2841 1831 1393 8172 1461 2841 1831 139
INTERNATIONAL TRADE IN TRANSPORT SERVICES
More data on UNCTADstat
+3.9 %
Transport services exports growth rate in 2024
Services exports by main category¹⁰
(as % of total services)
2005
2010
2015
2024
Transport
(e) 49.7
45.3
43.8
32.0
Travel
(e) 13.8
15.9
18.3
16.0
Other services
(e) 28.0
35.3
36.2
51.0
Total trade in transport services¹⁰
(millions of US$)
2005
2010
2015
2024
Transport services exports
(e) 1 225
1 831
2 146
2 678
Transport services imports
(e) 507
664
880
1 428
Transport services trade balance
(e) 718
1 167
1 266
1 250
NATIONAL FLEET
More data on UNCTADstat
+17.5 %
Fleet growth rate in 2024
Carrying capacity by type of ship⁵
(Thousands DWT)
2005
2010
2015
2024
Total fleet
356.0
180.3
82.8
204.1
Oil tankers
245.0
106.2
8.9
15.5
Bulk carriers
..
..
0.0
0.0
General cargo
26.0
22.5
45.5
114.1
Container ships
..
..
0.0
27.9
Other types of ships
85.0
51.6
28.5
46.6
Fleet by type of ship⁵
(Number of ships)
433340104101609400110841017083801408
LINER SHIPPING CONNECTIVITY
More data on UNCTADstat
Bilateral connectivity index - Top 10 partners in Q1 2006¹¹
Can only take values between 0 (minimum) and 1 (maximum)
0.2310.2300.2290.2270.2260.2220.2210.2140.2130.1710.2310.2300.2290.2270.2260.2220.2210.2140.2130.171
Liner shipping connectivity index¹¹
Average Q1 2023=100
39.042.443.643.240.940.140.038.832.635.734.333.433.430.128.331.930.733.930.534.234.033.034.133.831.031.032.131.027.628.426.726.730.531.032.931.627.729.531.034.333.334.033.531.735.832.230.128.830.638.636.537.432.029.528.031.430.634.033.837.432.833.933.030.426.328.026.027.230.732.531.833.131.337.236.434.1
PORT CALLS AND PERFORMANCE
More data on UNCTADstat
Port calls, time spent in ports, vessel age and size in 2023⁹
 
Number of arrivals
Median time
in port (days)
Avg age
of vessels
Avg size (GT)
of vessels
Avg cargo
carrying
capacity (DWT)
per vessel
Avg container
carrying
capacity (TEU)
per container ship
Maximum size (GT) of vessels
All ships
-
-
-
-
-
-
-
Liquid bulk carriers
-
-
-
-
-
..
-
Liquefied petroleum gas carriers
-
-
-
-
-
..
-
Liquefied natural gas carriers
..
..
..
..
..
..
..
Dry bulk carriers
-
-
-
-
-
..
-
Dry breakbulk carriers
-
-
-
-
-
..
-
Roll-on/ roll-off ships
..
..
..
..
..
..
..
Container ships
-
-
-
-
..
-
-
Passenger ships
-
..
-
-
..
..
-
Port liner shipping connectivity index - Top 5 ports in 2024¹¹
Average Q1 2023=100
16.916.916.916.98.88.88.89.39.021.621.420.518.820.820.99.089.186.891.781.674.683.681.471.471.469.965.975.772.683.673.379.580.879.380.082.072.073.875.273.365.168.263.965.974.976.380.177.066.871.274.284.082.384.783.178.490.877.670.367.374.190.982.182.165.967.062.769.366.478.077.588.472.576.072.562.446.151.151.155.164.062.159.765.560.778.575.385.1
Source: Detailed data sources are available in the documentation of the corresponding tables in the Data Center (https://unctadstat.unctad.org/datacentre/). A link to these tables is provided in each section of the profile.
Notes:
1
Sum of exports and imports.
2
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
Coastline length based on data calculated in 2000 from the World Vector Shoreline database at 1:250,000 scale.
3
Sum of exports and imports. Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual, 2009 (BPM6, 2009).
4
Propelled seagoing merchant vessels of 100 GT and above. Source: Clarksons Research (https://www.clarksons.com/services/research/).
5
Propelled seagoing merchant vessels of 100 GT and above, on 1 January. Source: Clarksons Research (https://www.clarksons.com/services/research/).
6
Propelled seagoing merchant vessels of 1000 GT and above, on 1 January. Source: Clarksons Research (https://www.clarksons.com/services/research/).
7
UNCTAD Secretariat, derived from various sources including Dynamar B.V. Publications, terminal operators and port authorities. Refers to year 2023.
8
Refers to year 2021. Source: BIMCO-ICS Manpower Report 2015 and BIMCO-ICS Seafarer Workforce Report, 2021 edition.
9
Refers to year 2023. UNCTAD Secretariat, based on data provided by MarineTraffic (http://marinetraffic.com). Ships of 1000 GT and above.
10
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual, 2009 (BPM6, 2009).
11
UNCTAD Secretariat, generated from data provided by MDS Transmodal (https://www.mdst.co.uk).
e
Estimated.
p
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
LNG:
Liquefied natural gas
LPG:
Liquefied petroleum gas
GDP:
Gross domestic product
GT:
Gross tons
TEU:
Twenty foot equivalent unit
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.
The designations "developing", "transition" and "developed" are intended for statistical convenience and do not necessarily express a judgement about the stage reached by a particular economy in the development process.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 02 December 2025