Letónia Balança Comercial

Latvia recorded a trade deficit of EUR 464.4 million in June 2025, widening from EUR 332.1 million in the same month a year ago, as imports rose while exports fell. Year-on-year, imports increased by 5.4% to EUR 1,862.3 million, mainly driven by higher purchases of machinery & mechanical appliances (18.6%), vehicles and their equipment (12.3%), and chemical industry and related products (9.7%). Imports grew from the EU (5.2%) and other countries (26.9%), while it declined sharply from CIS countries (-64.9%). Meanwhile, exports dropped by 2.6% to EUR 1,397.9 million, primarily due to reduced sales of plant products (-27.9%), wood and its products, charcoal exports (-8.1%), and base metals and their products (-18.6%). Outbound shipments decreased to CIS (-0.1%) and other countries (-11.4%), while it increased to EU countries (0.1%).