Financial News: Latvia Trade Gap Widens In May

Latvia Trade Gap Widens In May

07/10/2026 - 09:33:00 (RTTNews)

(RTTNews) - Latvia's foreign trade deficit increased in May from a year ago, as imports grew faster than exports, preliminary data from the statistical office showed on Friday.

The trade deficit rose to EUR 374.0 million in May from EUR 301.1 million in the corresponding month last year. In April, the shortfall was EUR 249.2 million.

Exports climbed 6.9 percent annually in May, and imports were 9.6 percent higher.

The country exported 65.1 percent more mineral fuels, mineral oils, and products of their distillation in May, while outflows of pharmaceutical products dropped 7.0 percent. On the other hand, the country imported 18.0 percent more electrical machinery and equipment.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Japan Services PMI Improves To 52.5 - S&P Global (47 min(s), 34 sec(s) ago)
(RTTNews) - The services sector in Japan continued to expand in August, and at a faster pace, the ...Full Story»

Hong Kong Private Sector Slips Into Contraction - S&P Global (43 min(s), 34 sec(s) ago)
(RTTNews) - The private sector in Hong Kong fell into contraction in August, the latest survey fro ...Full Story»

Singapore Private Sector Accelerates In August - S&P Global (40 min(s), 34 sec(s) ago)
(RTTNews) - The private sector in Singapore continued to expand in August, and at a slightly faste ...Full Story»

Australia Services PMI Ebbs In August - S&P Global (54 min(s), 34 sec(s) ago)
(RTTNews) - The services sector in Australia continued to expand in August, albeit at a slower pac ...Full Story»

New Zealand Q2 Terms Of Trade Tumbles 9.0% (34 min(s), 34 sec(s) ago)
(RTTNews) - New Zealand's terms of trade dropped a seasonally adjusted 9.0 percent on quarter ...Full Story»

Australia Trade Data Due On Thursday (47 min(s), 34 sec(s) ago)
(RTTNews) - Australia will on Thursday release July figures for imports, exports and trade balance ...Full Story»

U.S. Crude Oil Inventories Tumble Much More Than Expected (26 min(s), 34 sec(s) ago)
(RTTNews) - The Energy Information Administration released a report on Wednesday showing U.S. crud ...Full Story»

U.S. Factory Orders Rebound More Than Expected In July (21 min(s), 34 sec(s) ago)
(RTTNews) - New orders for U.S. manufactured goods rebounded by more than expected in the month of ...Full Story»