Bananas — Revealed comparative advantage index in Latvia

Latvia: Bananas — Revealed comparative advantage index was 0.81 in 2024. ▲ Rising

Latest (2024)
0.81
Change on year
up 22.7%
World rank
33rd
of 135 countries
All-time high
1.25
in 2015
All-time low
0.12
in 2010
Years of data
15
2010–2024

Bananas — Revealed comparative advantage index in Latvia, 2010–2024

00.250.50.7511.22010201720242010: 0.122011: 0.632012: 0.442013: 0.642014: 12015: 1.22016: 0.562017: 0.62018: 0.62019: 0.592020: 0.492021: 0.732022: 0.72023: 0.662024: 0.81

Source: Food and Agriculture Organization of the United Nations.

Analysis

Latvia recorded 0.81 for bananas — revealed comparative advantage index in 2024.

The figure is up 22.7% on the previous year and down 19.0% over ten years.

Over the whole period, bananas — revealed comparative advantage index in Latvia peaked at 1.25 in 2015 and was at its lowest, 0.12, in 2010.

Latvia ranks 33rd of 135 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.643 0.12 1.25 10
2020s 0.678 0.49 0.81 5

Countries ranked near Latvia

  1. 30 Qatar 1.09 compare
  2. 31 Netherlands (Kingdom of the) 1.07 compare
  3. 32 Greece 0.92 compare
  4. 34 Iceland 0.75 compare
  5. 35 Paraguay 0.67 compare
  6. 36 Mexico 0.61 compare

See the full ranking of 137 places →

More agriculture & rural data for Latvia

All data for Latvia →

Frequently asked questions

What is bananas — revealed comparative advantage index in Latvia?
Bananas — revealed comparative advantage index in Latvia was 0.81 in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest bananas — revealed comparative advantage index recorded in Latvia?
The highest recorded value was 1.25 in 2015.
What is the lowest bananas — revealed comparative advantage index recorded in Latvia?
The lowest recorded value was 0.12 in 2010.
How does Latvia rank for bananas — revealed comparative advantage index?
Latvia ranks 33rd out of 135 countries with data for 2024.
Is bananas — revealed comparative advantage index rising or falling in Latvia?
Over the last ten years it is down 19.0%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Bananas — Revealed comparative advantage index. Statizoid updates them automatically from the source API.

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Bananas — Revealed comparative advantage index in Latvia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 16 August 2026, from https://agriculture.statizoid.com/stat/bananas-revealed-comparative-advantage-index/latvia/

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About this data

Indicator
Bananas — Revealed comparative advantage index
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
137 places, 1,712 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