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Official statistics of Latvia
Official Statistics Portal of Latvia

RATD2607

Press release

Value of exported goods rose by 13.9 % in April

Central Statistical Bureau (CSB) provisional data show that in April 2026 Latvia had foreign trade turnover of EUR 4.13 billion, and at current prices it was 12.6 % higher than a year ago. Value of exported goods increased by 13.9 % and of imported goods by 11.4 %. In April, Latvia exported goods in the amount of EUR 1.94 billion, but imported – in the amount of EUR 2.19 billion.

Compared with April 2025, foreign trade balance has improved as exports in total foreign trade amount increased from 46.4 % to 47 %.

Whereas, compared to March this year, the exports value went up by 5 % ,but the imports value – fell by 2.4 %.

During the four months of this year foreign trade turnover of Latvia at current prices reached EUR 15.01 billion – EUR 589.1 million or 4.1 % more than in the corresponding period of 2025. The exported goods were valued at EUR 6.94 billion (up by EUR 146.9 million or 2.2 %) and imported goods at EUR 8.07 billion (up by EUR 442.2 million or 5.8 %).

Please note that the statistics for foreign trade in goods is presented at actual prices and calculated based on the goods value in euro, not the physical amount or quantity.

Data on January, February, September, October 2025, and January 2026 have been revised.

Calendar and seasonally adjusted data show that, compared to April 2025, in April 2026 the exports value at current prices went up by 12.9 %, but the imports value – by 10.5 %, whereas, compared to the previous month, the exports value went up by 9.1 %, but the imports value – by 3.4 %.

Main changes in exports in April 2026, compared to April 2025:
Main changes in imports in April 2026, compared to April 2025:

The main exports partners in April were Lithuania (16.7 % of total exports), Estonia (11 %), Germany (6.4 %) and Sweden (5.2 %), while the main import partners were Lithuania (21.8 % of total Latvian imports), Germany (11.5 %), Poland (10.8 %) and Estonia (8.9 %).

Year-on-year exports to the USA rose by 56.9 % and comprised EUR 59.3 million. The upturn was driven primarily by increased exports of mineral products, which rose by EUR 29.4 million. Imports from the United States increased 2 times and was valued at EUR 55.6 million. Also rise in imports was mostly affected by the increase of EUR 30.9 million in imports of mineral products.

The rise in exports of mineral fuels, mineral oils and products of their distillation in April 2026, as compared to April 2025, was mostly facilitated by an increase in exports of motor gasoline by EUR 71.9 million. In turn, drop in exports of dairy produce, birds' eggs, natural honey in April 2026, compared to April 2025, was mostly affected by a decline in exports of unsweetened milk and cream by EUR 7.7 million or 37.4 %.

Main commodities in Latvian exports in April 2026

(at current prices)

 Thousand
EUR
% of
total
Change, % compared to
April
2025
March
2026
average 
of previous
12 months
Total1 939 02210013.95.017.8
mineral fuels, mineral oils and products of their distillation333 15117.289.157.02.4 times
wood and articles of wood; wood charcoal272 38614.06.52.210.9
electrical machinery and equipment183 9869.517.62.17.4
vehicles other than railway or tramway rolling stock, and parts and accessories thereof112 4375.812.015.319.7
machinery and mechanical appliances93 3674.88.9-1.88.7
beverages, spirits and vinegar 76 0013.934.13.511.5
pharmaceutical products66 7723.415.1-5.68.7
articles of iron or steel55 6092.95.5-9.511.9
dairy produce, birds' eggs, natural honey54 9712.8-1.0-9.3-0.9
plastics and articles thereof50 8792.632.63.828.9

The rise in imports of mineral fuels, mineral oils and products of their distillation in April 2026, compared to April 2025, was mostly facilitated by an increase in imports of natural gas and diesel oil by EUR 58.3 million and EUR 47.8 million, respectively. In turn, the decrease in imports of articles of iron or steel was mostly affected by a decline in imports of metal structures and parts thereof of EUR 5.5 million or 34.9 %.

Main commodities in imports of Latvia in April 2026

(at current prices)

 Thousand
EUR
% of
total
Change, % compared to
April
2025
March
2026
average 
of previous
12 months
Total2 188 19910011.4-2.411.1
mineral fuels, mineral oils and products of their distillation340 08915.575.12.553.9
electrical machinery and equipment235 23710.810.58.80.8
vehicles other than railway or tramway rolling stock, and parts and accessories thereof204 8639.42.90.311.7
machinery and mechanical appliances186 3338.515.2-1.04.6
pharmaceutical products100 6464.613.3-17.96.6
plastics and articles thereof86 8854.011.75.122.0
beverages, spirits and vinegar64 4652.918.4-0.15.1
wood and articles of wood; wood charcoal53 4882.4-3.21.311.0
optical instruments and apparatus (including medical)48 6282.2-1.26.123.0
articles of iron or steel46 7612.1-8.9-2.9-1.9

In April 2026 foreign trade balance of Latvia was positive with 126 partner countries, as exports value of goods exceeded imports value of goods, and foreign trade deficit in the trade with 38 partners.

In April 2026, compared to April 2025, share of the European Union countries in total exports value decreased by 2.7 percentage points, but in total imports value– by 0.9 percentage points. The share of CIS countries reduced by 0.8 percentage points in exports and by 0.3 percentage points in imports.

Foreign trade of Latvia in April 2026 by country group

(at current prices)

 ExportsImports
Million
EUR
% of
total
changes as %,
compared to
April 2025
Million
EUR
% of
total
changes as %,
compared to
April 2025
Total1 939.010013.92,188.210011.4
European Union countries1,293.066.79.41,816.183.010.2
euro area countries*990.551.19.21 403.964.212.8
CIS countries122.86.31.928.01.3-12.9
other countries523.227.031.0344.115.721.4

In April 2026, compared to April 2025, exports to Russia increased by 10.6 % and comprised EUR 89.4 million. The rise was mainly driven by the upturn in export of prepared foodstuffs (mainly of spirits) by 92.4 % or EUR 25.1 million. In April 2026, compared to April 2025, imports from Russia decreased by 34.3 % and comprised EUR 5.1 million. The main cause of imports decline was import of the chemical and allied industries, which fell by EUR 2.4 million or 79.9 %. Compared to a month before, imports from Russia increased by 30.5 %, which was mainly affected by the increase of EUR 1.8 million in imports of prepared foodstuffs (mainly of preparations of a kind used in animal feed).

In April 2026, compared to April 2025, exports to Ukraine decreased by 21.1 % and comprised EUR 27.9 million. The drop was mainly affected by the decrease in exports of optical instruments and apparatus by EUR 2.1 million or 63.2 %. Imports from Ukraine fell by 28.3 % and was valued at EUR 15.3 million. The main cause of imports decline was import of the chemical and allied industries, which fell by EUR 3.3 million or 74.8 %.

In April 2026, compared to April 2025, exports to Belarus decreased by 22.4 % and was EUR 10.6 million. The drop was mainly affected by the decrease in exports of optical instruments and apparatus by EUR 1.8 million or 42.3 %. Imports from Belarus reduced by 77.6 % and was valued at EUR 1.8 million. Fall in imports from Belarus was mostly affected by the drop in import of products of animal or vegetable fats and oils by EUR 5.1 million.

Foreign trade of Latvia with Belarus, Russian Federation and Ukraine in April 2026

(at current prices)

 ExportsImports
Thousand
EUR
% of
total
change, 
% compared to
Thousand
EUR
% of
total
change, 
% compared to 
April
2025
March
2026
April
2025
March
2026
Total1 939 02210013.95.02 188 19910011.4-2.4
Belarus10 6490.5-22.4-14.31 8260.1-77.6-37.9
Russia89 3524.610.6-10.45 1500.2-34.330.5
Ukraine27 8781.4-21.13.615 2750.7-28.3-13.3

Additional statistics for Latvian foreign trade by month and quarter as well as by country group and product group is available in the official statistics portal section Foreign trade as well as exports and imports data analysis tool.

Methodological information:

 

Starting with the data on 2024, Latvian exports include businesses exporting goods from Latvia to third countries through other EU countries where they have filled in export customs declarations for the export of goods to third countries. In April 2026 the value of these transactions comprised EUR 6.4 million or 0.3 % of total exports.

 

*As of 1 January 2026, Bulgaria has joined the euro area.

Media requests:
Public Relations Section
E-mail: media@csp.gov.lv
Phone: +371 27880666

More information on data:
Ieva Jansone
Foreign Trade Statistics Section
E-mail: Ieva.Jansone@csp.gov.lv
Phone: +371 67366721

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