Latvia's exports advanced 36.2 percent year-on-year to EUR 1,248.7 million in May of 2021, primarily on shipments of wood and wood products (39.7 percent); electrical machinery and equipment (6.6 percent); and machinery and mechanical appliances (44.2 percent). Exports to EU countries rose by 36.2 percent and those to CIS countries went up by 32 percent. source: Central Statistical Bureau of Latvia

Exports in Latvia averaged 492.72 EUR Million from 1993 until 2021, reaching an all time high of 1340.01 EUR Million in March of 2021 and a record low of 53.07 EUR Million in January of 1994. This page provides - Latvia Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Exports - values, historical data and charts - was last updated on July of 2021.

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 1360.00 in 12 months time. In the long-term, the Latvia Exports is projected to trend around 1360.00 EUR Million in 2022, according to our econometric models.

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Latvia Exports

Actual Previous Highest Lowest Dates Unit Frequency
1248.68 1249.49 1340.01 53.07 1993 - 2021 EUR Million Monthly

Latvia Trade Last Previous Highest Lowest Unit
Balance of Trade -357.17 -216.78 40.13 -557.12 EUR Million [+]
Current Account -55.00 -17.00 343.50 -546.30 EUR Million [+]
Current Account to GDP 3.00 -0.60 11.90 -20.60 percent of GDP [+]
Imports 1605.85 1466.27 1605.85 52.50 EUR Million [+]
Exports 1248.68 1249.49 1340.01 53.07 EUR Million [+]
External Debt 36190.00 36423.00 37824.00 825.57 EUR Million [+]
Capital Flows 11000.00 594000.00 1032590.00 -1383970.00 EUR THO [+]
Gold Reserves 6.66 6.66 7.75 6.62 Tonnes [+]
Terrorism Index 0.12 0.23 0.66 0.00 [+]
Tourist Arrivals 7262.00 7940.00 269702.00 2403.00 Persons [+]
Foreign Direct Investment 135.00 155.00 320.00 -322.00 EUR Million [+]


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.

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