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International Internet Magazine. Baltic States news & analytics
Saturday, 20.04.2024, 08:54
Large increase in logistics sector turnover registered in Latvia in Q1
Latvian ports saw a turnover increase by 20.78 million tons in January-March 2014, almost 10% more than in the same period in 2013. Meanwhile cargo transported by rail totalled 17.04 million tons – both are important sectors in Latvia’s GDP.
In January-March 2013, Latvian ports handled 18.96 million tons of cargo.
The Freeport of Riga handled 9.9 million tons of cargo in January-February 2014, 21.7% more than in the respective period in 2013. The Freeport of Ventspils handled 8.99 million tons, a 1.5% decrease, the Port of Liepaja – 1.5 million tons, a 4.8% increase.
The volume of transit freight transported through Latvian ports increased 13.9% to 14.02 million tons.
The total volume of transit freight has increased by 10.9% to 14.54 million tons.