Latvia’s trade balance deteriorated notably in February 2026, with the deficit expanding to -334.2 million euros, according to data updated on 9 April 2026. This marks a substantial widening from January 2026, when the trade gap stood at -171.3 million euros.
The figures indicate that Latvia’s external position weakened month-on-month, as the negative balance nearly doubled between January and February. While the data do not specify the underlying drivers, the sharper deficit suggests either a rise in imports, a fall in exports, or a combination of both during the period.
The February 2026 reading underscores increasing pressures on Latvia’s trade dynamics early in the year and will likely draw attention from policymakers and market participants monitoring the country’s external accounts and overall economic resilience.
