Latvia - Transport services exports

Transport services (% of commercial service exports)

The value for Transport services (% of commercial service exports) in Latvia was 32.75 as of 2021. As the graph below shows, over the past 29 years this indicator reached a maximum value of 94.92 in 1992 and a minimum value of 32.28 in 2020.

Definition: Transport services (% of commercial service exports) covers all transport services (sea, air, land, internal waterway, space, and pipeline) performed by residents of one economy for those of another and involving the carriage of passengers, movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Excluded are freight insurance, which is included in insurance services; goods procured in ports by nonresident carriers and repairs of transport equipment, which are included in goods; repairs of railway facilities, harbors, and airfield facilities, which are included in construction services; and rental of carriers without crew, which is included in other services.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1992 94.92
1993 80.35
1994 92.18
1995 91.87
1996 59.81
1997 63.04
1998 60.27
1999 60.82
2008 43.57
2009 44.88
2010 45.69
2011 47.15
2012 48.24
2013 43.79
2014 45.60
2015 44.54
2016 41.63
2017 41.73
2018 40.11
2019 38.50
2020 32.28
2021 32.75

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports