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Thursday, 29.01.2015, 02:14
In November 2014, compared to October, the prices of exported goods in Lithuania decreased by 1%, while the prices of imported goods went down by 1.8%, reports LETA/ELTA.
Keyword tags: Analytics, Baltic Export, Foreign trade , Lithuania
Latvia's exports in the first ten months of the 2014 increased by 1% when compared with the same period of the previous year, according to Eurostat, cites LETA.
In November 2014, the build-up of the current account balance (CAB) in deficit (EUR –280.9 million, or LTL –969.8 million) was driven by a significant increase in the trade balance deficit and decreased negative primary income balance, the Bank of Lithuania said, cites LETA/ELTA.
According to Statistics Estonia, in November 2014, exports of goods decreased by 1% and imports by 3% at current prices compared to November 2013. The decrease in exports was mostly influenced by the reduced exports of agricultural products and food preparations and mechanical appliances to Russia.
Statistics Lithuania informs that, based on non-final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports in November 2014 amounted to EUR 2.2 billion (LTL 7.5 billion), imports – EUR 2.5 billion (LTL 8.7 billion).
Provisional data of the Central Statistical Bureau (CSB) show that in November 2014 compared to the previous month exports value of goods at current prices dropped by 13.4%, and imports value of goods decreased by 5.7%. In November Latvia exported goods in the amount of 911.9 mln euros, and imported goods in the amount of 1 070.5 mln euros.
According to the data of Statistics Lithuania, in October 2014, compared with September, Lithuania's export prices decreased by 1%, while import prices decreased by 1.4%, writes LETA/ELTA.