Latvia’s trade balance deteriorated in June 2026, with the deficit widening to -€476.0 million from -€374.0 million in May 2026, according to the latest official data updated on 11 August 2026. The figures highlight a growing gap between the country’s imports and exports as the second half of the year begins.
The €102.0 million month-on-month increase in the trade shortfall suggests that external imbalances are intensifying, which may weigh on Latvia’s overall economic performance if the trend persists. While the data release does not break down the drivers behind the shift, the larger deficit indicates that either import demand strengthened, export performance weakened, or a combination of both took hold in June.
Market participants and policymakers will be closely watching subsequent monthly releases to determine whether June’s deterioration marks the beginning of a more persistent widening trend in Latvia’s trade gap or a temporary fluctuation within the broader trade cycle.
