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

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.