Exports from Latvia jumped 12 percent from a year earlier to EUR 1.091 million in March of 2019, boosted by sales of wood and articles of wood; wood charcoal (7 percent); electrical machinery and equipment (1.6 percent); machinery and mechanical appliances (5.5 percent) and vehicles other than railway or tramway rolling stock, and parts and accessories thereof (4.7 percent). The major export partners were Lithuania (15.2 percent of total exports), Estonia (11.7 percent), Sweden (8.5 percent) and Germany (6.9 percent). Exports in Latvia averaged 437.65 EUR Million from 1993 until 2019, reaching an all time high of 1186.50 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 1180.00 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 1150.00 in 12 months time. In the long-term, the Latvia Exports is projected to trend around 1360.00 EUR Million in 2020, according to our econometric models.

Latvia Exports
Forecast Data Chart
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Latvia Trade Last Previous Highest Lowest Unit
Balance of Trade -273.30 -140.50 40.10 -557.20 EUR Million [+]
Current Account 29.00 247.00 343.00 -546.00 EUR Million [+]
Current Account to GDP -1.00 0.70 11.90 -20.70 percent [+]
Imports 1364.60 1099.48 1518.30 52.50 EUR Million [+]
Exports 1091.30 959.01 1186.50 53.10 EUR Million [+]
External Debt 35732.00 36246.00 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 -9.00 96.00 314.00 -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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1091.30 959.01 1186.50 53.10 1993 - 2019 EUR Million Monthly