Foreign trade

International Internet Magazine. Baltic States news & analytics Monday, 23.10.2017, 05:25

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Trade balance in national economy: EU’s assessment for 2016-17

Trade balance in national economy: EU’s assessment for 2016-17

19.10.2017

European Union is one of the main trading blocks in the world. The 19 eurozone states are doing generally better than the EU-28: the latter recorded €5.1 bn deficit in trade in goods with the rest of the world in 2017 (in 2016 the deficit was €8.2 bn). But the eurozone countries are showing quite good results: a surplus of €145.3 bn in 2017, compared with a surplus of €172.2 bn in 2016; trade within the block has risen to about €1,2 trillion.

Keyword tags: Analytics, Baltic Export, EU – Baltic States, Foreign trade , Good for Business, Modern EU



All Baltic states report export growth in 8 months

All Baltic states report export growth in 8 months

17.10.2017

Exports increased across the three Baltic states in the first eight months of 2017 from the same period of 2016, Eurostat said on Monday, cites LETA/BNS.

Foreign trade turnover in Latvia up by 15.4% in August y-o-y

Foreign trade turnover in Latvia up by 15.4% in August y-o-y

10.10.2017

Provisional data of the Central Statistical Bureau (CSB) show that in August 2017 Latvian foreign trade turnover amounted to EUR 2.25 bln, which was 15.4% more than in August 2016 at current prices, of which the exports and imports values of goods were 8.5% and 21.2% higher, respectively.


In August, exports increased by 8% and imports by 12% in Estonia

In August, exports increased by 8% and imports by 12% in Estonia

10.10.2017

According to Statistics Estonia, in August 2017, the exports of goods increased by 8% and imports by 12% compared to August 2016. Increased exports and imports of mineral products and mechanical appliances contributed to trade growth.

Foreign trade deficit in Аugust amounted to EUR 167 mln in Lithuania

Foreign trade deficit in Аugust amounted to EUR 167 mln in Lithuania

10.10.2017

Statistics Lithuania informs that, based on non-final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports in August 2017 amounted to 2.25 billion, imports – EUR 2.42 billion. Exports of goods of Lithuanian origin amounted to EUR 1.31 billion. The foreign trade deficit of Lithuania amounted to EUR 167 million.


28.09.2017

Estonia's 2016 current account surplus was biggest since regaining of independence

According to adjusted figures, the surplus on the current account of the Estonian balance of payments in 2016 was the largest since the country regained its independence, amounting to 0.4 billion euros or around 2% of gross domestic product (GDP), the central bank said on September 27th, cites BNS/LETA.

11.09.2017

In July, foreign trade turnover in goods in Latvia rose by 14.4%

Provisional data of the Central Statistical Bureau (CSB) show that in July 2017 Latvian foreign trade turnover amounted to EUR 2.04 bln, which at current prices was 14.4% more than in July 2016, of which the exports and imports values of goods were 6.9% and 20.5% higher, respectively.

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