Australia vs Latvia: Wheat — Revealed comparative advantage index
Wheat — Revealed comparative advantage index over time
- Australia
- Latvia
How they compare
Latvia currently reports 6.4 against 5.33 in Australia, a difference of 1.07.
That makes Latvia's figure about 1.2 times Australia's.
The two have swapped places 6 times across 15 shared years of data; in 2010 it was Latvia ahead.
Australia ranks 8th and Latvia ranks 6th of 127 countries.
Latvia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Australia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 4.12 | 4.8 | 0.679 | Latvia |
| 2020s | 5.3 | 5.92 | 0.614 | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher wheat — revealed comparative advantage index, Australia or Latvia?
- Latvia, at 6.4 against 5.33 in Australia as of 2024.
- What is the difference in wheat — revealed comparative advantage index between Australia and Latvia?
- 1.07, with Latvia ahead.
- How many years of comparable data are there for Australia and Latvia?
- 15 years are reported by both, from 2010 to 2024.
- How do Australia and Latvia rank globally for wheat — revealed comparative advantage index?
- Australia ranks 8th and Latvia ranks 6th of 127 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Wheat — Revealed comparative advantage index. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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