Latvia Balance of Trade  1993-2017 | Data | Chart | Calendar | Forecast

Latvian trade deficit decreased 3.7 percent to EUR 162.3 million in April of 2017 from a EUR 168.6 million shortfall a year ago. Exports rose 1 percent to EUR 859.6 million, led by base metals (31.1 percent); chemicals (12.4 percent) and food (12.9 percent). In contrast, sales fell for wood and articles of wood (-6.1 percent) and machinery and mechanical appliances (-7 percent). Imports edged up 0.2 percent to EUR 1021.9 million, driven by mineral products (19.4 percent), food (7.7 percent), live animals and animal products (18.8 percent). Meanwhile, imports fell for vehicles, aircraft, vessels (-12.8 percent) and machinery and mechanical appliances (-3 percent). Export increased to Germany (1 percent) and Sweden (21 percent) while declined to Lithuania (-7 percent) and Estonia (-3 percent). Import went up from Lithuania (12 percent) while fell from Poland (-16 percent), Germany (-8 percent) and Estonia (-5 percent). Balance of Trade in Latvia averaged -162.88 EUR Million from 1993 until 2017, reaching an all time high of 40.10 EUR Million in February of 1993 and a record low of -557.10 EUR Million in July of 2007.