FX.co ★ Latvia’s Trade Deficit Widens Modestly in December 2025

Latvia’s trade balance deteriorated slightly at the end of 2025, with the deficit expanding to -336.5 million euros in December from -325.8 million euros in November 2025. The latest figures, updated on 10 February 2026, point to a modest month-on-month weakening in the country’s external position.

While the data provided do not specify the underlying drivers, the larger negative balance indicates that the value of imports continued to outpace exports in December. The incremental widening of the deficit may be monitored closely by policymakers and market participants as they assess the trajectory of Latvia’s external trade heading into 2026.