Rice — Terms of trade in Latvia

Latvia: Rice — Terms of trade was 4.44 % in 2023. ◆ Volatile

Latest (2023)
4.44 %
Change on year
down 96.1%
World rank
63rd
of 66 countries
All-time high
114.89 %
in 2022
All-time low
0 %
in 2011
Years of data
12
2011–2023

Rice — Terms of trade in Latvia, 2011–2023

02550751001252011201720232011: 0 %2012: 52 %2013: 69 %2014: 112.4 %2015: 92.5 %2016: 93.8 %2017: 94.8 %2018: 53.6 %2020: 65.4 %2021: 46.9 %2022: 114.9 %2023: 4.4 %

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

Analysis

The most recent figure for rice — terms of trade in Latvia is 4.44 %, measured in 2023.

Compared with earlier readings it is down 96.1% on the previous year and down 93.6% over ten years.

Over the whole period, rice — terms of trade in Latvia peaked at 114.89 % in 2022 and was at its lowest, 0 %, in 2011.

Latvia ranks 63rd of 66 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Rice — Terms of trade in Latvia, year by year

Annual values for Rice — Terms of trade in Latvia, 2011 to 2023.
Year % Change
2011 0 %
2012 51.95 %
2013 69.01 % +32.8%
2014 112.41 % +62.9%
2015 92.51 % -17.7%
2016 93.8 % +1.4%
2017 94.82 % +1.1%
2018 53.57 % -43.5%
2020 65.37 % +22.0%
2021 46.92 % -28.2%
2022 114.89 % +144.9%
2023 4.44 % -96.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 71.01 % 0 % 112.41 % 8
2020s 57.91 % 4.44 % 114.89 % 4

Countries ranked near Latvia

  1. 60 Thailand 12.71 % compare
  2. 61 Nicaragua 5.97 % compare
  3. 62 China, mainland 4.58 % compare
  4. 64 Mauritius 1.95 % compare
  5. 65 Bahrain 0.7 % compare
  6. 66 Dominican Republic 0.15 % compare

See the full ranking of 72 places →

More agriculture & rural data for Latvia

All data for Latvia →

Frequently asked questions

What is rice — terms of trade in Latvia?
Rice — terms of trade in Latvia was 4.44 % in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest rice — terms of trade recorded in Latvia?
The highest recorded value was 114.89 % in 2022.
What is the lowest rice — terms of trade recorded in Latvia?
The lowest recorded value was 0 % in 2011.
How does Latvia rank for rice — terms of trade?
Latvia ranks 63rd out of 66 countries with data for 2023.
Is rice — terms of trade rising or falling in Latvia?
Over the last ten years it is down 93.6%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Rice — Terms of trade. Statizoid updates them automatically from the source API.

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Rice — Terms of trade in Latvia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 24 August 2026, from https://agriculture.statizoid.com/stat/rice-terms-of-trade/latvia/

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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