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In Latvia forest export continues to rise

BC, Riga, 04.08.2014.Print version
Latvian forest industry's export continued to increase during the first five months this year, amounting to EUR 845.358 million as compared to EUR 761.891 million in the same period of 2013, informs NOZARE.LV/LETA reffering to data from the Agriculture Ministry's Forest Department.

Export of wood and wood products totaled EUR 739.253 million, or 12.7% more than in January-May 2013.


As usual, the majority of Latvian forest industry exports went to Great Britain, Sweden and Germany. Forest industry exports to Great Britain totaled EUR 123.03 million (14.6% of total forest industry export), to Sweden - EUR 97.3 million (11.5%), and to Germany - EUR 94.23 million (11.1%).


Forest industry imports amounted to EUR 279.5 million in January-May, a 16.9% increase from May 2013.


The majority of forest industry imports came from Lithuania - EUR 60.042 million or 21.5% of all imports, Estonia - EUR 35.025 million (12.5%), and Poland - EUR 30.892 million (11.1%).


As reported, the total value of Latvia's forest industry exports reached EUR 1.875 billion in 2013, a 10% increase on 2012 when forest industry exports totaled EUR 1.704 billion.


Forest industry imports amounted to EUR 590.554 million last year, 17.9% more than in 2012, when the figure stood at EUR 500.736 million.






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