Monday, the Central Statistical Bureau of Latvia announced that the trade deficit stood at LVL 124.6 million in March, narrowing from LVL 124.9 million in February. A year ago, the trade deficit was LVL 245.5 million.

Exports dropped 23.3% year-on-year to LVL 288.0.3 million, while imports dipped 33.6% to LVL 412.57 million.

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