Foreign trade

International Internet Magazine. Baltic States news & analytics Wednesday, 17.10.2018, 17:19

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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.

Keyword tags: Analytics, EU – Baltic States, Export, Foreign trade , Statistics



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.

In August, foreign trade turnover in goods was 11.3% larger than last year in Latvia

In August, foreign trade turnover in goods was 11.3% larger than last year in Latvia

10.10.2018

Provisional data of the Central Statistical Bureau (CSB) show that in August 2018 the foreign trade turnover of Latvia amounted to 2.55 bln euros, which at current prices was 11.3% more than in August 2017, of which the exports value of goods was 7.8% and imports value of goods was 14.0% higher. In August, Latvia exported goods in the amount of 1.08 bln euros but imported in the amount of 1.47 bln euros. Compared to August 2017, foreign trade balance has worsened as exports in total foreign trade amount decreased from 43.6% to 42.3%.


Estonia's August exports up 7% on year

Estonia's August exports up 7% on year

10.10.2018

According to Statistics Estonia, in August 2018, the exports of goods increased by 7% and imports by 11% compared to August 2017. The growth in trade was affected the most by an increase in trade in mineral products (fuel additives, motor spirit) and raw materials and products of chemical industry (fertilizers).

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

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

04.10.2018

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.


28.09.2018

Surplus on the services balance has increased in Lithuania

The Bank of Lithuania and Statistics Lithuania announce that in II quarter 2018, exports of services amounted to EUR 2.5 bln, imports – EUR 1.5 bln.

14.09.2018

Euro area international trade in goods surplus 17.6 bln euros; 0.1 bln euros surplus for EU28

According to the Eurostat, the first estimate for euro area (EA19) exports of goods to the rest of the world in July 2018 was 194.6 bln euros, an increase of 9.4% compared with July 2017 (177.8 bln euros).

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