Events, data and analysis from the Baltic economies
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Events, figures and analysis from Baltic.
All three Baltic countries recorded faster export growth in September 2026 than in August, but the composition differed: petroleum products dominated Lithuania's increase, Latvia recorded gains across several commodity groups, and Estonia saw a sharp rise in exports…
Read →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 kombinātsLithuania’s manufacturing output rose by 8.1% year on year in June, Latvia recorded 5.0% growth, while Estonia posted a 5.3% decline. The latest data show the three Baltic manufacturing sectors…
Source: State Data Agency of Lithuania; Central Statistical Bureau of Latvia; Statistics EstoniaNew York-based BasePoint Capital completed its acquisition of International Personal Finance, the UK consumer-finance group behind Credit24 and Creditea.
Source: International Personal FinanceThe Baltic states entered H2 2026 with sharply different inflation rates.
Source: EurostatPassenger trends diverge across the Baltics as airlines reshape winter routes, including a marked reduction in direct services between Lithuania and Germany.
PhotoArtificial intelligence is rapidly becoming part of everyday life in Latvia, while Baltic businesses move from adoption to assessing its economic benefits.
PhotoIn the Baltic states, preparations for winter have traditionally been judged by one figure: the amount of natural gas stored at Inčukalns in Latvia. On 8 November 2026, the underground facility held 12.86 TWh, equivalent to 52.7% of…
PhotoAn established refinery faces a costly decision as new industrial capital enters Estonia. ORLEN is weighing the cost of completing the Mažeikiai refinery modernisation, while Turkish defence manufacturer ARCA Defense has secured an operating permit for its planned…
The Baltic states continue to attract international technology companies and business service centres. Yet some of the employers that helped establish the region’s reputation are now cutting staff. The reductions have continued for at least two years, often…
PhotoRussian and Belarusian grain transit through Latvia reached 888,000 tonnes by 6 October 2026, up 36.3% from the 652,000 tonnes recorded for the whole of 2025, according to customs figures reported by Latvian Television. September accounted for nearly…
PhotoThe main signal is divergence rather than a uniform regional trend. Pipedrive, Coolbet, Swedbank and airBaltic are preparing workforce reductions, while Baltic companies continue to acquire businesses, invest in manufacturing and expand into export markets. September retail sales…
PhotoThe European Commission has flagged conflicting climate targets in Lithuania, an €8.23 billion gap between Estonia’s renovation cost estimates and Latvia’s plan to defer more than 80% of investment until after 2040.
PhotoEstonian investment group Infortar, which controls ferry operator Tallink and energy group Elenger, has completed its €63 million acquisition of Lithuania’s Litagra. The deal adds dairy farms, turkey and broiler production, animal-feed manufacturing and crop farming to an…
PhotoRetail sales were higher than a year earlier in all three Baltic states in September, just before the heating season began in October. Lithuania recorded annual growth of 5.6%, Latvia 4.5%, and Estonia around 4%. Consumer demand held…
PhotoAs Estonian and Lithuanian property developers show growing interest in Riga, the differences between the Baltic capitals’ housing markets are attracting attention. An October 2026 comparison by Baltic Focus, using data provided with permission by Live Baltic, an…
PhotoOn 26 October 2026, EU fisheries ministers reached a political agreement to increase Baltic sprat catches by 44% next year. Latvia, Lithuania and Estonia are set to receive a combined quota of more than 88,000 tonnes. But the…
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