Latvia Balance of Trade  Forecast


Balance of Trade in Latvia is expected to be -288.82 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Latvia to stand at -276.07 in 12 months time. In the long-term, the Latvia Balance of Trade is projected to trend around -236.90 EUR Million in 2020, according to our econometric models.


Latvia Balance of Trade
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Latvia Trade Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade -322 -289 -285 -281 -276 -237
Exports 858 861 861 858 852 808
Imports 1180 1182 1173 1167 1162 1107
Current Account -145 -119 -117 -114 -111 -90.57
Current Account to GDP 1.5 -1.6 -1.6 -1.2 -1.2 -0.7
External Debt 37424 37465 37550 37561 37524 36282
Capital Flows 190000 178311 145176 116275 95543 -12335
Gold Reserves 6.62 6.62 6.62 6.62 6.62 6.62
Foreign Direct Investment 5 47.36 37.61 39.48 39.17 39.21
Terrorism Index 0 0 0 0 0 0