Baltic, Good for Business, Port, Transport

Of all cargos handled by the Baltic ports in the first ten months of this year, 42% were reloaded in Latvia, 34.7% in Lithuania and 23.2% in Estonia.

In January-October 2017, cargo handling increased in the ports of all three Baltic states.

The cargo turnover of Latvian ports grew 0.6% or 318,700 tons year-on-year to 52.012 million tons.

Meanwhile, Lithuanian ports raised cargo turnover by 5.6% or 2.274 million tons to 42.996 million tons. In Estonia, the ports' annual cargo turnover rose 1.7% or 485,700 tons to 28.732 million tons in January-October 2017.

The Lithuanian port of Klaipeda led other Baltic ports by cargo turnover in January-October this year, as it reloaded 35.123 million tons, up 5.5% from the first ten months of 2016.

The Freeport of Riga was in second place with 28.103 million tons of cargo reloaded in January-October 2017, down 7.6% year-on-year, and another Latvian port, Ventspils, was third with 17.319 million tons, which was a 12% rise from the first ten 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.