Raw milk of cattle — Terms of trade in Latvia

Latvia: Raw milk of cattle — Terms of trade was 115.21 % in 2024. ▬ Flat

Latest (2024)
115.21 %
Change on year
up 10.6%
World rank
28th
of 93 countries
All-time high
129.34 %
in 2010
All-time low
94.24 %
in 2015
Years of data
15
2010–2024

Raw milk of cattle — Terms of trade in Latvia, 2010–2024

0501001502010201720242010: 129.3 %2011: 116.2 %2012: 116 %2013: 114.3 %2014: 99.3 %2015: 94.2 %2016: 107.9 %2017: 115.6 %2018: 109 %2019: 104.7 %2020: 103.8 %2021: 115.8 %2022: 128.7 %2023: 104.2 %2024: 115.2 %

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

Analysis

In 2024, raw milk of cattle — terms of trade in Latvia stood at 115.21 %.

Compared with earlier readings it is up 10.6% on the previous year and up 16.0% over ten years.

Over the whole period, raw milk of cattle — terms of trade in Latvia peaked at 129.34 % in 2010 and was at its lowest, 94.24 %, in 2015.

Latvia ranks 28th of 93 countries on this measure, in the middle of the range.

Raw milk of cattle — Terms of trade in Latvia, year by year

Annual values for Raw milk of cattle — Terms of trade in Latvia, 2010 to 2024.
Year % Change
2010 129.34 %
2011 116.23 % -10.1%
2012 116.03 % -0.2%
2013 114.27 % -1.5%
2014 99.29 % -13.1%
2015 94.24 % -5.1%
2016 107.92 % +14.5%
2017 115.59 % +7.1%
2018 108.99 % -5.7%
2019 104.67 % -4.0%
2020 103.76 % -0.9%
2021 115.8 % +11.6%
2022 128.74 % +11.2%
2023 104.2 % -19.1%
2024 115.21 % +10.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 110.66 % 94.24 % 129.34 % 10
2020s 113.54 % 103.76 % 128.74 % 5

Countries ranked near Latvia

  1. 25 Switzerland 124.23 % compare
  2. 26 Czechia 123.65 % compare
  3. 27 Mexico 118.16 % compare
  4. 29 Slovenia 113.98 % compare
  5. 30 Montenegro 112.91 % compare
  6. 31 Bahrain 111.91 % compare

See the full ranking of 99 places →

More agriculture & rural data for Latvia

All data for Latvia →

Frequently asked questions

What is raw milk of cattle — terms of trade in Latvia?
Raw milk of cattle — terms of trade in Latvia was 115.21 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest raw milk of cattle — terms of trade recorded in Latvia?
The highest recorded value was 129.34 % in 2010.
What is the lowest raw milk of cattle — terms of trade recorded in Latvia?
The lowest recorded value was 94.24 % in 2015.
How does Latvia rank for raw milk of cattle — terms of trade?
Latvia ranks 28th out of 93 countries with data for 2024.
Is raw milk of cattle — terms of trade rising or falling in Latvia?
Over the last ten years it is up 16.0%. The long-run trend across the full record is flat.
Where does this Latvia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Raw milk of cattle — Terms of trade. Statizoid updates them automatically from the source API.

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Raw milk of cattle — Terms of trade in Latvia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 04 September 2026, from https://agriculture.statizoid.com/stat/raw-milk-of-cattle-terms-of-trade/latvia/

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About this data

Indicator
Raw milk of cattle — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
99 places, 1,373 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