Analytics, Baltic Export, EU – Baltic States, Foreign trade , Markets and Companies
International Internet Magazine. Baltic States news & analytics
Thursday, 28.03.2024, 23:00
Latvia exports, imports less than Lithuania, Estonia in January-August
In the first eight months of 2017, Latvian exports totaled EUR 7.213
billion, while Lithuanian exports were worth EUR 16.928 billion and Estonia's
exports added up to EUR 8.427 billion.
In January-August this year, the European Union (EU) received 73% of total
Latvian exports, 59% of total Lithuanian exports and 72% of total Estonian
exports.
In the first eight months of this year, Latvia shipped 17% of its export
goods to Lithuania and 12% to Estonia, while Lithuania shipped 10% of its
export goods to Latvia and 5% to Estonia. Meanwhile, Estonia shipped 9% of its
export goods to Latvia and 6% to Lithuania.
Latvian imports in the first eight months of 2017 amounted to EUR 9.118
billion, while Lithuania imported goods worth EUR 18.692 billion and Estonian
imports totaled EUR 9.809 billion.
EU member states provided 77% of Latvian imports, 70% of Lithuanian imports
and 82% of Estonian imports.
In January-August 2017, Latvia received 19% of its imports from Lithuania,
while imports from Estonia accounted for 8%. Lithuania received 7% of its total
imports from Latvia and 3% from Estonia, and Estonia received 8% of its
January-June imports from Latvia and 9% from Lithuania.
In January-August 2017, all three Baltic states showed negative foreign
trade balances, with Latvia reporting the widest trade gap in the Baltics at
EUR 1.906 billion. Lithuania had a trade deficit of EUR 1.764 billion, and
Estonia showed a trade gap of EUR 1.382 billion.