Latvia’s trade deficit contracted significantly in April 2026, pointing to an improvement in the country’s external balance. According to the latest data updated on 9 June 2026, the trade balance stood at -249.2 million euros in April, compared with -394.6 million euros in March 2026.
The marked narrowing of the gap suggests either a relative strengthening in exports, a pullback in imports, or a combination of both, although detailed breakdowns were not provided. The improvement in April reduces the monthly shortfall by more than 100 million euros, potentially easing pressure on Latvia’s current account and offering a modestly more favorable backdrop for policymakers monitoring external vulnerabilities.
Market participants and analysts will likely watch upcoming releases to see whether April’s figures represent the start of a sustained trend toward a smaller trade deficit or a temporary correction after March’s wider imbalance.
