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…
The Latvian parliament, the Saeima, has extended a ban on the import of agricultural and animal feed products from Russia and Belarus until 1 July 2027, LSM reports. Latvia banned the import of certain agricultural products from the two aggressor states in March 2024. The ban applies to products originating from Russia or Belarus that…
Latvia’s foreign trade turnover totalled EUR 42.73bn in 2025, which was up EUR 2,198.7mn (5.4%) from 2024 at current prices, according to provisional data from the Central Statistical Bureau (CSP), LSM reports. The total value of exported goods amounted to EUR 19.54bn, which was up EUR 698.1mn (3.7%) from 2024. The value of goods imported…
Latvia must be fully ready to dismantle railway tracks going to Russia if necessary, Foreign Minister Baiba Braze stated, LSM reports. However, she said that it would make no sense for Latvia to do so unilaterally. Latvia will coordinate the issue with Estonia, Lithuania, Poland, and Finland. Earlier, the presidents of the three Baltic States…
Latvia’s foreign trade turnover totalled EUR 35.82bn at current prices in the first ten months of 2025, which was up 5.9% from the same period of 2024, according to provisional data from the Central Statistical Bureau (CSP), LSM reports. Latvia’s exports of goods amounted to EUR 16.4bn (up 4.3%) and imports to EUR 19.41bn (up…
Estonia’s harmonised index of consumer prices (HICP) rose by 4.7% on year in November 2025, according to Statistics Estonia’s flash estimate, ERR reports. Compared to October 2025, the HICP fell by 0.5%, however. Lenno Uusküla, chief economist at Luminor Bank, expects the pace of inflation to continue slowing down in December 2025, as import prices…
Estonia’s GDP totalled EUR 10.5bn at current prices in the third quarter of 2025, which was up 0.9% from the same period of 2024, according to data from Statistics Estonia, ERR reported. Compared to the second quarter of 2025, seasonally and working-day adjusted GDP rose by 0.4%. Value added in the energy sector rose by…
Lithuania’s GDP rose by 3% over a year in 2024 to EUR 79bn at current prices, according to the State Data Agency’s (VDA) revised data, BNS reports. Gross value added in manufacturing rose by 2.9% and in wholesale and retail trade by 2.6% in constant prices. Growth in professional, scientific, and technical activities stood at…