Export

International Internet Magazine. Baltic States news & analytics Wednesday, 12.12.2018, 09:47

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In October foreign trade turnover in goods in Latvia was 13.3% larger than last year

In October foreign trade turnover in goods in Latvia was 13.3% larger than last year

11.12.2018

Provisional data of the Central Statistical Bureau show that in October 2018 the foreign trade turnover of Latvia amounted to EUR 2.66 bn, which at current prices was 13.3% more than in October 2017, of which the exports value of goods was 6.8 % and imports value of goods was 18.8% higher. In October, Latvia exported goods in the amount of EUR 1.16 bn, but imported in the amount of EUR 1.50 bn. Compared to October 2017, foreign trade balance has worsened as exports in total foreign trade amount decreased from 46.2% to 43.6%.

Keyword tags: Export, Foreign trade , Good for Business, Latvia, Statistics



Exports are fluctuating – what does the future hold?

Exports are fluctuating – what does the future hold?

22.11.2018

Exports are still one of the main drivers of the country’s economy, however, current forecasts predict that in 2019 export growth will decelerate which, in turn, will drag on GDP growth. Following a slower start to the year, Lithuania’s exports have rebounded in the second half of 2018, closing in on the record levels of last year in August. Given such fluctuations, how will this see-saw year end and what awaits us next year?

Export growth recorded in all Baltic states – Eurostat

Export growth recorded in all Baltic states – Eurostat

16.10.2018

Exports grew in all three Baltic states in the first eight months of this year, the latest figures from the European Union's statistics service, Eurostat, show.


Latvian imports and exports of forestry products up in eight months 2018

Latvian imports and exports of forestry products up in eight months 2018

15.10.2018

During the first eight months of 2018, Latvia imported 610.964 mln euros worth of forestry products, up 16.5% against the same period a year ago. Latvia exported 1.715 bln euros worth of forestry products, up 14.5% against the same period last year, informs LETA referring to information released by the Agriculture Ministry.

Estonian exports supported by demand for commodities, growth on export markets – Luminor

Estonian exports supported by demand for commodities, growth on export markets – Luminor

10.10.2018

Higher commodity prices, demand, and continued strong growth on the main destination markets have supported Estonia's goods export, Luminor chief economist Tonu Palm said commenting on foreign trade data for August, cities LETA/BNS.


04.10.2018

Agency forecasts stronger-than-expected growth in exports of Lithuanian-origin goods

Enterprise Lithuania has revised upwards its forecast for growth in exports of Lithuanian-origin goods in 2018, but lowered its projection for growth in re-exports, informs LETA/BNS.

04.10.2018

Bloomberg has mistaken cross-border payments for non-resident flows

In a news article published yesterday, Bloomberg erroneously said that 900 bln euros’ worth of non-residents’ payments passed through Estonia in 2008-2015. These 900 bln euros are actually the aggregate amount of cross-border payments received in Estonia and paid from Estonia. The sum includes import and export by Estonian companies as well as routine financial transactions such as securities purchases, informed the Eesti Pank’s representative.

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