Imports to Latvia surged 53.7 percent year-on-year to EUR 1,605.8 million in May, underpinned by purchases of electrical machinery and equipment (21.6 percent); machinery and mechanical appliances (34.3 percent); and mineral fuels, petroleum & petroleum products (89.9 percent). Imports from the European Union jumped 39.0 percent and those from CIS countries soared 110 percent. source: Central Statistical Bureau of Latvia

Imports in Latvia averaged 663.58 EUR Million from 1993 until 2021, reaching an all time high of 1605.85 EUR Million in May of 2021 and a record low of 52.50 EUR Million in September of 1993. This page provides - Latvia Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Imports - values, historical data and charts - was last updated on July of 2021.

Imports in Latvia is expected to be 1450.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Latvia to stand at 1450.00 in 12 months time. In the long-term, the Latvia Imports is projected to trend around 1450.00 EUR Million in 2022 and 1590.00 EUR Million in 2023, according to our econometric models.

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Latvia Imports

Actual Previous Highest Lowest Dates Unit Frequency
1605.85 1466.27 1605.85 52.50 1993 - 2021 EUR Million Monthly

Latvia Trade Last Previous Highest Lowest Unit
Balance of Trade -357.17 -216.78 40.13 -557.12 EUR Million [+]
Current Account -55.00 -17.00 343.50 -546.30 EUR Million [+]
Current Account to GDP 3.00 -0.60 11.90 -20.60 percent of GDP [+]
Imports 1605.85 1466.27 1605.85 52.50 EUR Million [+]
Exports 1248.68 1249.49 1340.01 53.07 EUR Million [+]
External Debt 36190.00 36423.00 37824.00 825.57 EUR Million [+]
Capital Flows 11000.00 594000.00 1032590.00 -1383970.00 EUR THO [+]
Gold Reserves 6.66 6.66 7.75 6.62 Tonnes [+]
Terrorism Index 0.12 0.23 0.66 0.00 [+]
Tourist Arrivals 7262.00 7940.00 269702.00 2403.00 Persons [+]
Foreign Direct Investment 135.00 155.00 320.00 -322.00 EUR Million [+]


Latvia Imports
Latvia imports machinery and equipment, chemicals, fuels and vehicles. Main import partners are Lithuania, Germany, Russia, Poland and Estonia.

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category