Foreign trade

International Internet Magazine. Baltic States news & analytics Sunday, 24.05.2015, 14:12

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In January-March, the CAB deficit amounted to EUR 42.8 mln in Lithuania

In January-March, the CAB deficit amounted to EUR 42.8 mln in Lithuania

18.05.2015

The surplus on the balances of services and secondary income (EUR 172.4 million and EUR 57.8 million) in Lithuania did not offset the deficit on the balances of foreign trade and primary income (EUR 218.8 million and EUR 109.3 million), which led to the build-up of a EUR 97.8 million current account balance (CAB) deficit in Lithuania's balance of payments, reports LETA/ELTA.

Keyword tags: Banks, Financial Services, Foreign trade , Investments, Lithuania



Exports in Latvia grew by 12.2% and imports by 14.2% in March

Exports in Latvia grew by 12.2% and imports by 14.2% in March

11.05.2015

Provisional data of the Central Statistical Bureau (CSB) show that in March 2015 compared to February exports value of goods at current prices grew by 12.2%, but imports value of goods – by 14.2%.

In Estonia, exports of goods increased by 3% and imports by 1% in  March

In Estonia, exports of goods increased by 3% and imports by 1% in March

11.05.2015

According to Statistics Estonia, in March 2015, exports of goods increased by 3% and imports by 1% compared to March of the previous year. The increase in exports and imports was mostly influenced by a growth in the trade of electrical equipment and miscellaneous manufactured articles.


DNB: prospects for Lithuanian exporters are improving

DNB: prospects for Lithuanian exporters are improving

11.05.2015

Bank DNB analysts say that it is clear when evaluating Lithuania's short-term export prospects that the first six months of 2015 will be the hardest. Producers who incurred losses due to harsh sanctions imposed by Russia are now reorienting towards new markets and reforming their business models, informs LETA/ELTA.

In January–March, exports decreased by 4.4%, imports – 1.5% in Lithuania

In January–March, exports decreased by 4.4%, imports – 1.5% in Lithuania

08.05.2015

Statistics Lithuania informs that, based on non-final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports in March 2015 amounted to EUR 1.9 billion (LTL 6.6 billion), imports – EUR 2.2 billion (LTL 7.5 billion).

07.05.2015

Ambassador Ruixing hopes for growing trade between China and Lithuania

During his meeting on Thursday with Lithuania's Minister of Agriculture Virginija Baltraitiene, the new Chinese Ambassador to Lithuania Wei Ruixing discussed export possibilities regarding dairy and meat products, as well as wheat, reports LETA/ELTA.

16.04.2015

Latvia registered one of the smallest reductions in exports in EU in January-February

Latvia's exports in the first two months of the year 2015, compared to the same period last year, reduced by 2%, according to Eurostat. Thus, Latvia registered one of the smallest reductions in exports in the EU, writes LETA.

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