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International Internet Magazine. Baltic States news & analytics Thursday, 18.04.2024, 14:57

Forest industry exports from Latvia exceed EUR 1 bln in H1

BC, Riga, 27.08.2015.Print version
During the first half of 2015, the Latvian forest industry's exports increased by 5.2%, reaching EUR 1.03 billion, compared to EUR 988 million in the same period in 2014, reports LETA, according to data provided by the Forest Department of the Ministry of Agriculture.

The largest export markets were Great Britain, Sweden and Germany. A total of 17.7% (EUR 183.42 million) of forest industry's exports went to Great Britain, 9% (EUR 93.71 million) to Sweden, and 10.2% (EUR 106.01 million) to Germany.

 

Meanwhile, forest industry imports in the first six months of 2015 reached EUR 353.37 million, which is 6.8% more than in the respective period of 2014, when the figure was EUR 330.76 million.

 

The largest part of imports came from Lithuania – 17.1% (EUR 60.31 million), Estonia – 13.5% (EUR 47.83 million), and Poland – 11.7% (EUR 41.42 million).

 

As reported, Latvian forest industry's exports amounted to a record-high EUR 2.015 billion in 2014, which is 8.6% up from 2013 when the forest industry's exports totaled EUR 1.855 billion.






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