Belarus vs Latvia: Merchandise trade

Belarus
96.1%
in 2025
Latvia
99.6%
in 2025
Belarus rank
29th
Latvia rank
27th

Merchandise trade over time

  • Belarus
  • Latvia
255075100125150199220082025

How they compare

Latvia currently reports 99.6% against 96.1% in Belarus, a difference of 3.5%.

The two have swapped places 5 times across 31 shared years of data; in 1995 it was Belarus ahead.

Belarus ranks 29th and Latvia ranks 27th of 204 countries.

Across the 4 decades both report, Belarus averaged higher in 3 and Latvia in 1.

Head to head by decade

Decade Belarus Latvia Difference Ahead
1990s 96.1% 65.1% 31.0% Belarus
2000s 117.7% 75.1% 42.6% Belarus
2010s 114.4% 105.5% 8.9% Belarus
2020s 106.9% 112.9% 6.0% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise trade, Belarus or Latvia?
Latvia, at 99.6% against 96.1% in Belarus as of 2025.
What is the difference in merchandise trade between Belarus and Latvia?
3.5%, with Latvia ahead.
How many years of comparable data are there for Belarus and Latvia?
31 years are reported by both, from 1995 to 2025.
How do Belarus and Latvia rank globally for merchandise trade?
Belarus ranks 29th and Latvia ranks 27th of 204 countries.
Where does this data come from?
World Trade Organization (WTO), published as Merchandise trade (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belarus vs Latvia: Merchandise trade. Statizoid, drawing on World Trade Organization (WTO). Retrieved 31 August 2026, from https://private-sector.statizoid.com/compare/merchandise-trade-percent-of-gdp/belarus/latvia/

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About this data

Indicator
Merchandise trade (% of GDP)
Unit
% of GDP
Source
World Trade Organization (WTO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
251 places, 14,091 data points, 1960–2025
Last refreshed

General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.