Estonia’s GDP totalled EUR 10.2bn at current prices in the first quarter of 2026, which was up 2.4% from the same period of 2025, according to Statistics Estonia, ERR reported. This was the fourth consecutive quarter of GDP growth and the first time that economic growth exceeded 2% since the first quarter of 2022. Value…
Lithuania’s State Security Department (VSD) has warned against proposals to resume transit shipments of Belarusian fertilisers through the port of Klaipeda, BNS reports. VSD director Remigijus Bridikis noted that such a move would contravene EU sanctions without reducing security threats posed by Belarus. He stressed that the Belarusian regime had not changed its policies of…
The US Department of State has sent a letter to Lithuania, Poland, and Ukraine, asking them to lift sanctions on Belarusian potash and allow transit shipments through their territories, RFE/RL reports. The letter stated that US companies were interested in buying Belarusian potash shipped via Baltic or Ukrainian ports so as to avoid Russian ports….
Lithuanian President Gitanas Nauseda denied that the US was pressuring Lithuania to reopen transit shipments of fertilisers from Belarus, BNS reported. He stressed that Belarusian fertilisers were under EU sanctions and insisted that there were no grounds to lift the sanctions. Earlier, Foreign Minister Kestutis Budrys told a closed-door meeting of the parliamentary group of…
Lithuania’s GDP will grow by 3.2% in 2026 and 2.1% in 2027, according to SEB Bank’s latest macroeconomic forecast, Lietuvos Rytas reports. The bank thus kept its GDP forecast unchanged from January 2026. The bank raised its projection for annual inflation in Lithuania to 5.7% in 2026 due to increased energy prices. In 2027, inflation…
Latvia’s foreign trade turnover totalled EUR 10.85bn at current prices in the first quarter of 2026, which was up EUR 113.8mn (1.1%) from the corresponding period of 2025, according to provisional data from the Central Statistical Bureau (CSP), LSM reports. The total value of exports amounted to EUR 4.97bn (down 1.7%) and of imports to…
Lithuania’s GDP will grow by 3% in 2026 and 2.3% in 2027, according to Swedbank’s latest macroeconomic outlook, BNS reports. In January 2026, the bank projected that GDP growth would reach 3.5% in 2026 and 2.5% in 2027. Nerijus Maciulis, Swedbank’s chief economist, said that growth would be spurred by consumption, strong exports, and record…
Lithuania’s Finance Minister, Kristupas Vaitiekunas, urged the EU to pursue negotiations and prepare retaliatory measures after US President Donald Trump again threatened to raise tariffs, BNS reports. He predicted that the EU would be “in this game” through Trump’s entire term in office. “This process involving tariffs, negotiations, and pressure from both sides will be…
Estonia’s exports of goods totalled nearly EUR 1.5bn in February 2026, which was down 1% from the same period of 2025, according to data from Statistics Estonia, ERR reports. Imports of goods totalled nearly EUR 1.9bn, which was up 6% over a year. Estonia’s monthly trade deficit thus amounted to EUR 426mn, which was EUR…