Exports from Latvia fell 0.6 percent year-on-year to EUR 962.5 million in January 2019, mainly dragged down by lower sales of machinery and mechanical appliances (-46.3 percent); mineral fuels, mineral oils (-13 percent) and cereals (-6.9 percent). The major export partners were Lithuania (16 percent of total exports), Estonia (12.2 percent), Germany (8.4 percent) and Sweden (7.8 percent) Exports in Latvia averaged 433.73 EUR Million from 1993 until 2019, reaching an all time high of 1168.22 EUR Million in November of 2018 and a record low of 53.10 EUR Million in January of 1994.

Exports in Latvia is expected to be 1250.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Latvia to stand at 1210.00 in 12 months time. In the long-term, the Latvia Exports is projected to trend around 1380.00 EUR Million in 2020, according to our econometric models.

Latvia Exports
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Latvia Trade Last Previous Highest Lowest Unit
Balance of Trade -144.20 -258.90 40.10 -557.10 EUR Million [+]
Current Account 198.00 43.00 343.00 -546.00 EUR Million [+]
Current Account to GDP 0.70 1.60 11.90 -20.70 percent [+]
Imports 1106.74 1202.62 1499.10 52.50 EUR Million [+]
Exports 962.52 943.67 1168.22 53.10 EUR Million [+]
External Debt 36246.00 35568.00 37824.00 825.57 EUR Million [+]
Capital Flows -310000.00 330000.00 1032590.00 -1383970.00 EUR THO [+]
Gold Reserves 6.60 6.60 7.75 6.60 Tonnes [+]
Terrorism Index 0.46 0.00 0.66 0.00 [+]
Foreign Direct Investment 76.00 147.00 314.00 -324.00 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Latvia Exports

Latvia exports mainly wood and wood products, machinery and equipment, iron and steel, textiles and foodstuffs. Latvia's main export partners are Lithuania, Russia, Estonia, Germany and Sweden. This page provides - Latvia Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Exports - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
962.52 943.67 1168.22 53.10 1993 - 2019 EUR Million Monthly




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