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International Internet Magazine. Baltic States news & analytics Thursday, 28.03.2024, 17:21

Latvian forestry industry exports grew by 1.2% in January y-o-y

BC, Riga, 31.03.2016.Print version
After a steep rise in previous months, growth of Latvian forestry industry exports slowed down in January 2016 with EUR 158.86 million worth of forestry industry products exported during the first months of 2016 compared to EUR 158.19 million in January 2015, informs LETA, according to the information from the Latvian Agriculture Ministry.

In January, Latvia exported EUR 136.61 million worth of timber and timber products, up 1.2% year-on-year.

 

During the first month of 2016, Latvia supplied its forestry products mainly to the UK (18.5%), Sweden (11.1%) and Germany (10.6%). Exports to the UK amounted to EUR 29.38 million, exports to Sweden reached EUR 16.84 million, and exports to Germany were EUR 16.84 million.

 

Latvian imports of forestry industry products in January 2016 decreased year-on-year for the first time in a longer period. Imports of forestry products stood at EUR 49.097 million or by 8% less than in January 2015.

 






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