Latvia’s foreign trade was up 5.4% in 2025 / Article

Latvia's foreign trade was up 5.4% in 2025 / Article
February 10, 2026

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Latvia’s foreign trade was up 5.4% in 2025 / Article

Central Statistical Bureau (CSB) provisional data published on February 10th show that in December 2025 Latvia had foreign trade turnover of EUR 3.37 billion, and at current prices it was 1.4 % higher than a year earlier.

The value of exported goods increased by 2.7 % and of imported goods by 0.3 %. In December Latvia exported goods worth EUR 1.52 billion but imported to the tune of EUR 1.85 billion.

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In 2025 as a whole, the foreign trade turnover of Latvia at current prices reached EUR 42.73 billion – EUR 2 198.7 million or 5.4 % more than in 2024. The exported goods were valued at EUR 19.54 billion (up by EUR 698.1 million or 3.7 %) and imported goods at EUR 23.19 billion (up by EUR 1 500.6 million or 6.9 %).

Calendar and seasonally adjusted year-on-year data show that the value of exported goods at current prices fell by 0.9 %, and that of imported goods by 3.6 %. Month-on-month data indicate an increase of 3.3 % in the value of exports and a decrease of 3 % in the value of imports.

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In December Latvia’s main exports partners were Lithuania (19.7 % of total exports), Estonia (12.3 %), Germany (5.5 %) and the United Kingdom (5.3 %), Lithuania was also the leading trading partner for imports – with a share of 20.1 %. Germany followed with 12.5 %, Poland with 11 %, and Estonia with 10.5 %.

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