Potatoes — Terms of trade in Latvia

Latvia: Potatoes — Terms of trade was 70.46 % in 2024. ▼ Falling

Latest (2024)
70.46 %
Change on year
down 8.0%
World rank
77th
of 104 countries
All-time high
123.96 %
in 2015
All-time low
48.79 %
in 2013
Years of data
15
2010–2024

Potatoes — Terms of trade in Latvia, 2010–2024

02550751001252010201720242010: 76.2 %2011: 95.6 %2012: 91.5 %2013: 48.8 %2014: 80.5 %2015: 124 %2016: 101.5 %2017: 90.3 %2018: 80.4 %2019: 73.4 %2020: 61.7 %2021: 55.1 %2022: 93.8 %2023: 76.6 %2024: 70.5 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

The most recent figure for potatoes — terms of trade in Latvia is 70.46 %, measured in 2024.

That represents a change of down 8.0% on the previous year and down 12.5% over ten years.

Over the whole period, potatoes — terms of trade in Latvia peaked at 123.96 % in 2015 and was at its lowest, 48.79 %, in 2013.

Latvia ranks 77th of 104 countries on this measure, in the middle of the range.

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

Potatoes — Terms of trade in Latvia, year by year

Annual values for Potatoes — Terms of trade in Latvia, 2010 to 2024.
Year % Change
2010 76.25 %
2011 95.6 % +25.4%
2012 91.48 % -4.3%
2013 48.79 % -46.7%
2014 80.54 % +65.1%
2015 123.96 % +53.9%
2016 101.51 % -18.1%
2017 90.3 % -11.0%
2018 80.42 % -10.9%
2019 73.39 % -8.7%
2020 61.73 % -15.9%
2021 55.06 % -10.8%
2022 93.8 % +70.4%
2023 76.62 % -18.3%
2024 70.46 % -8.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 86.22 % 48.79 % 123.96 % 10
2020s 71.53 % 55.06 % 93.8 % 5

Countries ranked near Latvia

  1. 74 Netherlands (Kingdom of the) 71.56 % compare
  2. 75 Czechia 71.55 % compare
  3. 76 Albania 70.71 % compare
  4. 78 Portugal 70.07 % compare
  5. 79 Thailand 66.03 % compare
  6. 80 Jordan 62.85 % compare

See the full ranking of 111 places →

More agriculture & rural data for Latvia

All data for Latvia →

Frequently asked questions

What is potatoes — terms of trade in Latvia?
Potatoes — terms of trade in Latvia was 70.46 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest potatoes — terms of trade recorded in Latvia?
The highest recorded value was 123.96 % in 2015.
What is the lowest potatoes — terms of trade recorded in Latvia?
The lowest recorded value was 48.79 % in 2013.
How does Latvia rank for potatoes — terms of trade?
Latvia ranks 77th out of 104 countries with data for 2024.
Is potatoes — terms of trade rising or falling in Latvia?
Over the last ten years it is down 12.5%. The long-run trend across the full record is falling.
Where does this Latvia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Potatoes — Terms of trade. Statizoid updates them automatically from the source API.

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Potatoes — Terms of trade in Latvia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 22 August 2026, from https://agriculture.statizoid.com/stat/potatoes-terms-of-trade/latvia/

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About this data

Indicator
Potatoes — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
111 places, 1,508 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