Posts tagged as export

Big leap in Latvia’s foreign trade figures on year

Monday, July 12, 2021

Provisional data published by the Central Statistical Bureau (CSB) July 12 show that in May 2021 the foreign trade turnover of Latvia amounted to EUR 2.85 billion, which at current prices was 45.5 % more than a year ago. Of that total the export value of goods rose by 36.2 %, while the imports value of goods rose by 53.7 %. In May 2021 Latvia exported goods worth EUR 1.25 billion but imported goods worth EUR 1.61 billion. Compared to May 2020, the foreign trade balance deteriorated as exports…

Latvia’s exports growth predicted to continue

Monday, May 24, 2021

Latvia’s export volumes increased sharply in March. According to the Central Statistical Bureau, the value of goods exports increased by 20.6% compared to a year earlier, reaching EUR 1.34 billion. What are the reasons for the increase in exports and how long will this continue? Latvian Radio spoke to experts May 23. Producing industry is recovering rapidly around the world, as Covid-19 restrictions are diminishing. Citadele economist Mārtiņš Āboliņš explained that…

Urals oil exports from Baltic ports June 1-5 set to fall 22pc mth/mth

Tuesday, May 18, 2021

Combined Urals exports from the ports of Primorsk and Ust-Luga will decline by 22% in June 1-5 compared to May 1-5, Reuters calculations showed. Russian Urals oil exports from Baltic ports are set to decline to 700,000 tonnes for June 1-5 from 900,000 million tonnes for May 1-5, a schedule seen by Reuters showed. Combined Urals exports from the ports of Primorsk and Ust-Luga will decline by 22% in June…

Estonian exports increased by 16 percent in February

Friday, April 9, 2021

In February, exports of goods increased by 16 percent and imports by 10 percent year on year, data from Statistics Estonia shows. The growth in foreign trade was significantly boosted by trade in mineral products and wood and articles of wood. In February, Estonia’s exports and imports of goods each amounted to 1.3 billion euros at current prices. The trade deficit was €73 million, having fallen by €49 million compared…

Statistics Estonia: December helps stabilize goods export to level of 2019

Wednesday, February 10, 2021

According to Statistics Estonia (Statistikaamet), exports of goods decreased in Estonia decreased by 1 percent from 2019 and imports by 6 percent year on year. The drop in export/import during the spring months was stabilized by a strong December, increasing exports by 25 and imports by 10 percent, respectively. Last year, Estonia’s exports of goods amounted to €14.3 billion and imports to 15.1 billion euros at current prices. The trade deficit…

Exports doing fairly well despite pandemic

Monday, January 11, 2021

Provisional data released by the Central Statistical Bureau January 11 show that in November 2020 the foreign trade turnover of Latvia amounted to EUR 2.58 billion, which at current prices was 6.5 % larger than a year ago, of which the exports value of goods was 9.1 % higher, but imports value of goods – 4.1 % higher. In November, Latvia exported goods in the amount of EUR 1.25 billion, but imported in the amount of EUR 1.33…

Estonia: Import of goods on the rise again

Monday, January 11, 2021

According to data from Statistics Estonia (Statistikaamet), in November 2020, the exports of goods increased by 9% and imports by 7% from November 2019. Trade with non-EU countries saw the largest increase year-on-year. In November, Estonia’s exports of goods amounted to €1.3 billion and imports to €1.4 billion at current prices. The trade deficit was €62 million. Evelin Puura, leading analyst at Statistics Estonia, said that for the third month,…

Latvia’s exports have grown due to good harvest, say experts

Monday, November 23, 2020

Latvia’s exports have grown during the third quarter. However, the future does not  look as optimistic, Latvian Radio reported November 22. More than half of the total export of goods is provided by agricultural products this autumn: wheat and rapeseed. In the near future, farmers will have sold their harvests, and the export forecasts are being made worse by the fact that, due to the pandemic, there is no success in…

September export turnover peak for year so far

Monday, November 9, 2020

Exports of goods increased by 11, while and imports fell by 4 percent, on year to September 2020, state agency Statistics Estonia reports. On year, the third quarter of 2020 (Q3 2020) saw a 1 percent fall in exports and 5 percent fall in imports. In September, both exports and imports of goods amounted to €1.3 billion at current prices, Statistics Estonia says, and the trade surplus stood at €4…

Latvia shows EU’s slowest export growth last year

Thursday, February 27, 2020

In 2019, Latvia showed the slowest export growth among European Union member states compared to the same period a year ago, according to the data released on February 15 by Eurostat. Last year, Latvian exports grew 1 percent against 2018. In 2019, exports grew at the same rate also in Greece, Slovakia and Germany, and remained unchanged on year in Estonia and Belgium. A bit faster export growth was recorded…