Baltic, Good for Business, Port, Transport

Of all cargos handled by the Baltic ports in the first seven months of this year, 43.3% were reloaded in Latvia, 33.4% in Lithuania and 23.3% in Estonia.

Compared to the first seven months of 2016, all three Baltic states showed growth of cargo turnover at their ports in January-July 2017.

The cargo turnover of the Latvian ports rose 4.3% or 1.568 million tons year-on-year to 38.204 million tons in January-July this year.

Lithuanian ports raised cargo turnover by 3.8% or 1.081 million tons to 29.429 million tons. In Estonia, the ports' annual cargo turnover was up 2.3% or 466,700 tons to 20.536 million tons in January-July 2017.

The Lithuanian port of Klaipeda led other Baltic ports by cargo turnover in January-July this year, as it reloaded 24.02 million tons, up 3.4% from the first seven months of 2016.

Latvia's Riga port was in the second place with 19.99 million tons of cargo reloaded in January-July 2017, down 5.8% year-on-year, and another Latvian port, Ventspils, was third with 13.578 million tons, which was a rise by 18.3% from the first seven months of 2016.

In 2016, all Baltic ports together received and shipped 145.943 million tons of cargo, down 2.8% or 4.196 million tons from 2015. Of the total cargo turnover in Baltic ports last year, 43.2% were handled in Latvia, 33.8% in Lithuania and 23% in Estonia.