Analytics, Baltic Export, EU – Baltic States, Foreign trade
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Tuesday, 23.04.2024, 14:14
Latvia registers EU's smallest increase in exports in Q1
Similar to Latvia, Belgium, Italy and Portugal also saw 1% increases in exports in the first three months of the year.
According to seasonally unadjusted data, the steepest increase in export was recorded in Romania and the Czech Republic – by 10% each, followed by Luxembourg – 9%, as well as Poland and Croatia – by 8% each.
The steepest decreases in export were registered in Malta – 24%, Lithuania – 11%, and Estonia – 8%.
Latvia's imports reduced 5% in January-March, year-on-year, which is the second largest reduction behind Lithuania, which saw a 7% reduction.
Estonia and Finland had the third largest reduction in imports – by 4% each.
The largest year-on-year decreases in import were recorded in Romania – 9%, as well as Ireland and the Czech Republic – 8% each.