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International Internet Magazine. Baltic States news & analytics Tuesday, 16.04.2024, 13:07

Latvian forest industry's export increased by 11.3% in 9 months

BC, Riga, 21.11.2014.Print version
During the first nine months of 2014, Latvian forest industry's export increased by 11.3%, reaching EUR 1.53 billion, compared to EUR 1.38 billion in the same period in 2013, reports LETA, referring to data provided by the Forest Department of the Ministry of Agriculture.

The value of wood and wood articles exported in the first eight months of 2014 was EUR 1.32 billion, which is 11.2% more than in 2013.

 

The largest export markets were Great Britain, Sweden and Germany. A total of 16.1% (EU 247.009 million) of forest industry's exports went to Great Britain, 10.9% (EUR 167.293 million) to Sweden, and 10.6% (EUR 162.374 million) to Germany.

 

Meanwhile, forest industry imports in the first nine months of 2014 reached EUR 513.18 million, which is 18.7% more than in the respective period of 2013, when the figure was EUR 432.32 million.

 

The largest part of imports came from Lithuania – 19.9% (EUR 101.99 million), Estonia – 11.8% (EUR 60.52 million), and Poland – 11.4% (EUR 58.68 million).






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