Analytics, Baltic Export, EU – Baltic States, Foreign trade

International Internet Magazine. Baltic States news & analytics Monday, 23.04.2018, 07:01

Latvian exports grew at EU's average rate in January-May

BC, Riga, 14.07.2017.Print version
During the first five months of the year 2017, Latvian exports grew at the EU’s average pace, according to the export growth data released by Eurostat on July 14th, informs LETA.

Compared to the first five months of 2016, Latvia, just like Estonia and Austria, raised exports by 10% in the first five months of 2017.


The steepest export growth was recorded in Greece (+19%), Finland (+18%), Lithuania and Croatia (+16% in both countries), as well as the Netherlands (+15%).


Meanwhile, the slowest export growth in the five months of 2017 was recorded in France (+4%), the Czech Republic (+6%), as well as Belgium, Denmark, Slovakia and Germany (+7% in all four countries). In 11 other EU member states, export growth was in the range from 3% to 13%.


At the same time, exports slowed by 19% in Malta, by 16% in Cyprus and by 2% in Luxembourg.


Import growth was recorded in 26 EU member states in the five-month period this year, while Malta reported a 11% drop in imports and the UK’s imports remained unchanged against the same period last year.

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