Baltic, Good for Business, Port, Transport

Of all cargos handled by the Baltic ports in the first seven months of this year, 42.9% were reloaded in Latvia, 33.9% in Lithuania and 23.3% in Estonia.

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

The cargo turnover of the Latvian ports rose 4.8% or 1.956 million tons year-on-year to 43.064 million tons in January-August this year.

Lithuanian ports raised cargo turnover by 5.3% or 1.71 million tons to 34.062 million tons. In Estonia, the ports' annual cargo turnover was up 1.6% or 362,100 tons to 23.372 million tons in January-August 2017.

The Lithuanian port of Klaipeda led other Baltic ports by cargo turnover in January-August this year, as it reloaded 27.697 million tons, up 4.8% from the first eight months of 2016.

Latvia's Riga port was in the second place with 22.711 million tons of cargo reloaded in January-August 2017, down 4.9% year-on-year, and another Latvian port, Ventspils, was third with 15.064 million tons, which was a rise by 17.2% from the first eight 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.