Latvia vs Thailand: Rice — Terms of trade

Latvia
4.44 %
in 2023
Thailand
12.71 %
in 2024
Latvia rank
63rd
Thailand rank
60th

Rice — Terms of trade over time

  • Latvia
  • Thailand
01.0k2.0k3.0k4.0k201020172024

How they compare

Thailand currently reports 12.71 % against 4.44 % in Latvia, a difference of 8.27 %.

That makes Thailand's figure about 2.9 times Latvia's.

The two have swapped places 3 times across 9 shared years of data; in 2012 it was Thailand ahead.

Latvia ranks 63rd and Thailand ranks 60th of 66 countries.

Across the 2 decades both report, Latvia averaged higher in 1 and Thailand in 1.

Head to head by decade

Decade Latvia Thailand Difference Ahead
2010s 85.75 % 992.2 % 906.45 % Thailand
2020s 61.57 % 51.03 % 10.54 % Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher rice — terms of trade, Latvia or Thailand?
Thailand, at 12.71 % against 4.44 % in Latvia as of 2024.
What is the difference in rice — terms of trade between Latvia and Thailand?
8.27 %, with Thailand ahead.
How many years of comparable data are there for Latvia and Thailand?
9 years are reported by both, from 2012 to 2023.
How do Latvia and Thailand rank globally for rice — terms of trade?
Latvia ranks 63rd and Thailand ranks 60th of 66 countries.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as Rice — Terms of trade. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Thailand: Rice — Terms of trade. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 31 August 2026, from https://agriculture.statizoid.com/compare/rice-terms-of-trade/latvia/thailand/

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About this data

Indicator
Rice — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
72 places, 978 data points, 2010–2024
Last refreshed

The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK