FX.co ★ Latvia’s Trade Deficit Widens in September as Import Gap Deepens

Latvia’s trade balance deteriorated in September 2026, with the deficit widening to -369.8 million euros from -342.6 million euros in August 2026. The latest figures, updated on 10 November 2026, point to a further expansion of the country’s negative trade gap month-on-month.

The September reading suggests that either imports grew faster than exports or export growth weakened relative to import demand, deepening the shortfall in external trade. While no breakdown by category or trading partner was provided, the continued deficit underscores ongoing external imbalances that policymakers and investors will be monitoring as they assess Latvia’s economic outlook going into the final quarter of 2026.