Events, data and analysis from the Baltic economies
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Events, figures and analysis from Baltic.
From Palantir and Anduril to Onodrim and Isengard, names associated with J.R.R. Tolkien’s Middle-earth are becoming increasingly visible in the Baltic defence ecosystem. Behind them are AI platforms, interceptor drones, missiles, production plans and agreements involving millions of…
Read →Venipak is increasing capacity across its Baltic parcel network while its acquisition by DHL awaits regulatory approval. The company says it is investing more than €2.5 million in Baltic infrastructure…
The EBRD has raised its 2026 GDP growth forecasts for Latvia and Estonia to 2.4%, while leaving Lithuania’s forecast unchanged at 3.0%. Compared with the Bank’s June outlook, the Latvian…
Estonia, Latvia and Lithuania have effectively moved the common operational horizon for Rail Baltica from 2030 to 2034, while narrowing the first-stage priority to a continuous Tallinn–Kaunas–Poland backbone. On 22…
Wholesale electricity prices fell sharply across the Baltic region in the second half of last week as wind generation recovered. Between 14 and 20 September, Lithuania’s average Nord Pool price…
Beekeepers in both Latvia and Estonia are reporting a good honey season in 2026 after a much weaker harvest last year. In Latvia, the Beekeepers’ Association describes this year as…
Transport has emerged as the highest-risk business sector in both Latvia and Lithuania, while Estonia’s main vulnerability is concentrated in the chemical industry, according to Coface’s new CEE Sectorial Heatmap…
Passenger traffic continued to grow across the Baltic airports in August, but the pace of expansion remained sharply uneven. Tallinn and Vilnius again showed the strongest growth, while Riga remained…
July interrupted Estonia’s return towards export parity with Latvia. But the underlying numbers show why gross export growth alone gives an incomplete picture of the Baltic economies. In August, Baltic…
Latvia-based equipment rental group Storent Europe has raised €12.96 million in a public bond offering across Latvia, Lithuania and Estonia, exceeding its initially planned €10 million issue.
Latvia / Baltics · Energy / M&A · 11 September 2026 Latvenergo has opened a public selection process for wind or hybrid power projects with a combined capacity of up…
Food prices are falling across the Baltics while fuel costs are rising. Yet annual inflation in August ranged from 1.5% in Estonia to 3.2% in Latvia and 6.1% in Lithuania.…
Baltics · Transport & Infrastructure · 9 September 2026 A joint Baltic tender for regional trains to operate on Rail Baltica has ended without a single compliant bid. Passenger operators…
For the first time this year, food and grocery retail growth across the three Baltic states came together almost exactly
Source: Central Statistical Bureau of Latvia
Data
Across the Baltics, ageing and a shrinking domestic labour base are tightening labour supply. By mid-2026, however, the pressure was showing up very differently in each of the three markets.…
Source: State Data Agency Lithuania; Central Statistical Bureau of Latvia; Statistics Estonia.Estonia’s Agrone is moving downstream just as Baltic dairy processing enters a new round of consolidation. The RPK deal shows why timing — and financing — now matter.
Source: AS Rīgas piena kombinātsThis week’s Baltic Focus Weekly Brief looks at labour-market pressure across the three Baltic states, alongside new investment, housing, energy, defence and transport signals. The common constraint is becoming clearer: people, financing and capacity.
Housing prices continued to rise across the Baltic states in the second quarter of 2026, but the three markets are increasingly moving in different ways. According to the national statistical agencies, Lithuania recorded the fastest annual increase at…
PhotoShrimp alone accounted for more than 12% of Estonia’s fish and seafood export volume in 2025. According to Statistics Estonia, the country exported 9,406 tonnes of shrimp. For a country on the Baltic Sea, that raises an obvious…
PhotoairBaltic’s Chapter 11 filing and Ryanair’s new Baltic proposal turned aviation capacity into one of the week’s biggest regional questions. At the same time, diesel prices kept rising across all three Baltic capitals even as wholesale markets began…
PhotoFor a while, drivers of combustion-engine cars could afford not to think too much about fuel prices. By autumn, that luxury was gone, and wondering what comes next had returned to the morning menu somewhere between the news…
PhotoRyanair is not simply offering the Baltics more flights. It is positioning itself for part of the market being left open as airBaltic restructures and reduces capacity. From Riga alone, airBaltic’s Winter 2026/27 programme drops Faro, Kittilä, Ljubljana,…
PhotoRiga remains the largest individual airport in the Baltic states. But by the end of summer, the more important question is no longer who is first by passenger numbers.
DataIn the second quarter of 2026, tourist accommodation establishments across Latvia, Lithuania and Estonia recorded about 5.48 million overnight stays.
PhotoMere stores in Latvia and Lithuania have closed after Russian businessman Sergey Schneider was added to the EU sanctions list. In Latvia, the chain operated 12 stores through SIA Latprodukti and the Latvian branch of Lithuania-registered Valiente. Latprodukti…
PhotoNot only online shoppers. The new charge reaches rail corridors, Polish warehouses, Baltic parcel operators and the logistics system built around low-value imports.
PhotoWorking frame The week is about capacity: energy, rail, capital, airports, labour, exports, digital resilience and state delivery. The useful question is not only what happened, but what each signal says about the Baltic region’s ability to turn…
PhotoWhen Food Union announced in November 2025 that Latvia’s Kārums curd snacks would enter the South Korean market, the story was still about intent. The company said the products would be sold through Coupang, South Korea’s major e-commerce…
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