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09.09.202510:00:00UTC+00Latvia's Trade Deficit Widens, Reaching New Heights in July 2025

Latvia's trade deficit expanded further in July 2025, reaching -514.2 million euros, according to the latest data updated on September 9, 2025. This represents a marked increase from the previous month's deficit of -464.5 million euros in June 2025.

The widening of the trade gap points towards the nation's ongoing challenges in balancing its imports and exports. As Latvia grapples with finding equilibrium in its trade relations, stakeholders and policymakers may need to weigh options to stimulate exports and curb the rising import costs.

The trend raises questions about the potential impacts on the country's economic stability and the steps needed to mitigate potential repercussions. As the trade deficit reaches new heights, attention from economic analysts and the potential policy adjustments may become more pronounced in the coming months.

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