Foreign trade

International Internet Magazine. Baltic States news & analytics Wednesday, 24.07.2019, 07:46

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In May foreign trade turnover of Latvia was 3.5% larger than a year ago

In May foreign trade turnover of Latvia was 3.5% larger than a year ago

15.07.2019

Provisional data of the Central Statistical Bureau show that in May 2019 the foreign trade turnover of Latvia amounted to EUR 2.5 bn, which at current prices was 3.5% more than in May 2017, of which the exports value of goods was 2.6 % lower, but imports value of goods was 8.6 % higher. In May, Latvia exported goods in the amount of EUR 1.07 billion, but imported – in the amount of EUR 1.43 bn. Compared to May 2018, foreign trade balance has worsened as exports in total foreign trade amount decreased from 45.4 % to 42.8%.

Keyword tags: Analytics, Foreign trade , Latvia, Statistics



Latvia's export perspectives amid weaker external environment

Latvia's export perspectives amid weaker external environment

11.07.2019

Brexit, trade wars and subdued global economic growth are just a few of the international topics that have been hitting the headlines recently. Global developments, no doubt, play an important role also in Latvia's economic development; therefore, this article will look at the current situation in Latvia's trade partners and its implications for Latvia's exports.

Lithuania: International trade in services in I quarter 2019

Lithuania: International trade in services in I quarter 2019

08.07.2019

The Bank of Lithuania and Statistics Lithuania announce that in I quarter 2019, exports of services amounted to EUR 2.5 bn, a y-o-y increase of 19.2%, imports of services – EUR 1.4 bn and 14.6% respectively. The surplus on the balance of services amounted to EUR 1.0 bn or 9.6% of GDP, an annual increase of 26.6%.


In February, exports was boosted by the wood sector in Estonia

In February, exports was boosted by the wood sector in Estonia

09.04.2019

According to Statistics Estonia, in February 2019, compared to February 2018, the exports of goods increased by 4% and imports by 5%. Exports increased on account of wood and articles of wood and prefabricated wood buildings.

In February foreign trade turnover of Latvia was 0.4% smaller than a year ago

In February foreign trade turnover of Latvia was 0.4% smaller than a year ago

09.04.2019

Provisional data of the Central Statistical Bureau show that in February 2019 the foreign trade turnover of Latvia amounted to EUR 2.06 bn, which at current prices was 0.4% less than a year ago, of which the exports value of goods was 1% higher, but imports value of goods was 1.7% lower.


08.04.2019

Kazakhstan simplifies import/export procedures

Kazakhstan recently introduced two changes to simplify import/export procedures, with major documentation now available in postal offices or online, informed astanatimes.com.

14.03.2019

Lithuanian foreign trade in goods in January 2019

In January 2019, exports amounted to EUR 2.27 bn, imports – EUR 2.36 bn. Exports of goods of Lithuanian origin amounted to EUR 1.44 bn. The foreign trade deficit of Lithuania amounted to EUR 87.9 mln.

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