Imports to Latvia tumbled 15.1 percent year-on-year to EUR 1,275.2 million in August 2019, mainly due to lower acquisitions of mineral fuels, mineral oils and products of their distillation (-42.6 percent); machinery and mechanical appliances (-26.9 percent) and electrical machinery and equipment (-3.1 percent) Imports in Latvia averaged 618.25 EUR Million from 1993 until 2019, reaching an all time high of 1547.79 EUR Million in October of 2018 and a record low of 52.50 EUR Million in September of 1993.

Imports in Latvia is expected to be 1380.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Latvia to stand at 1520.00 in 12 months time. In the long-term, the Latvia Imports is projected to trend around 1590.00 EUR Million in 2020, according to our econometric models.

Latvia Imports
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Latvia Trade Last Previous Highest Lowest Unit
Balance of Trade -177.50 -340.30 40.10 -557.20 EUR Million [+]
Current Account 53.00 -82.00 344.00 -546.00 EUR Million [+]
Current Account to GDP -1.00 0.70 11.90 -20.70 percent [+]
Imports 1275.23 1379.70 1547.79 52.50 EUR Million [+]
Exports 1097.68 1039.40 1213.62 53.10 EUR Million [+]
External Debt 35152.00 36107.00 37824.00 825.57 EUR Million [+]
Capital Flows 928000.00 555000.00 1032590.00 -1383970.00 EUR THO [+]
Gold Reserves 6.62 6.60 7.75 6.60 Tonnes [+]
Terrorism Index 0.46 0.00 0.66 0.00 [+]
Tourist Arrivals 269702.00 219068.00 269702.00 71934.00 Units [+]
Foreign Direct Investment 76.00 86.00 315.00 -322.00 EUR Million [+]


United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

Latvia Imports

Latvia imports machinery and equipment, chemicals, fuels and vehicles. Main import partners are Lithuania, Germany, Russia, Poland and Estonia. This page provides - Latvia Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Imports - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1275.23 1379.70 1547.79 52.50 1993 - 2019 EUR Million Monthly




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