Wheat — Revealed comparative advantage index in Latvia
Latvia: Wheat — Revealed comparative advantage index was 6.4 in 2024. ▲ Rising
Wheat — Revealed comparative advantage index in Latvia, 2010–2024
Source: Food and Agriculture Organization of the United Nations.
Analysis
In 2024, wheat — revealed comparative advantage index in Latvia stood at 6.4.
Compared with earlier readings it is up 29.6% on the previous year and up 54.2% over ten years.
Over the whole period, wheat — revealed comparative advantage index in Latvia peaked at 6.47 in 2022 and was at its lowest, 2.25, in 2011.
That places Latvia 6th out of 132 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 15 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.8 | 2.25 | 6.42 | 10 |
| 2020s | 5.92 | 4.94 | 6.47 | 5 |
Countries ranked near Latvia
More agriculture & rural data for Latvia
- Agriculture share gdp 4.01 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 4.01 (2025)
- Agricultural raw materials exports 9.8% (2025)
- Agricultural raw materials imports 2.1% (2025)
- Rural population 31.4% (2025)
- Rural population growth -1.5% (2025)
- Rural population 579,603 (2025)
- Agriculture, forestry, and fishing, value added 4.0% (2025)
- Agriculture, forestry, and fishing, value added 1.95 billion current US$ (2025)
- Bananas — Production 0 t (2024)
Frequently asked questions
- What is wheat — revealed comparative advantage index in Latvia?
- Wheat — revealed comparative advantage index in Latvia was 6.4 in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest wheat — revealed comparative advantage index recorded in Latvia?
- The highest recorded value was 6.47 in 2022.
- What is the lowest wheat — revealed comparative advantage index recorded in Latvia?
- The lowest recorded value was 2.25 in 2011.
- How does Latvia rank for wheat — revealed comparative advantage index?
- Latvia ranks 6th out of 132 countries with data for 2024.
- Is wheat — revealed comparative advantage index rising or falling in Latvia?
- Over the last ten years it is up 54.2%. 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 Wheat — Revealed comparative advantage index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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