Analytics, Baltic Export, Latvia, Markets and Companies, Woodwork
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Friday, 26.04.2024, 07:23
Latvian wooden furniture exports down 1.7% in ten months
In January-October 2018, Latvia shipped EUR 135.625 mln
worth of wooden furniture to foreign countries. Of this amount EUR 32.045 mln
worth of furniture, or 23.6% of total amount, was exported to Denmark, which is
a 26.9% increase against the ten months of 2017.
Wooden furniture exports to Germany fell 13.8% y-o-y to EUR
17.257 mln, or 12.7% of total amount, and exports to Sweden increased 20.1% to
EUR 13.634 mln, or 10.1%.
Meanwhile, Latvian imports of wooden furniture declined 18 %
y-o-y to EUR 55.989 mln in the first ten months of this year.
Poland supplied EUR 10.93 mln worth of wooden furniture in
January-October, or 19.5% of total amount, down 5.7% from the first ten months
of last year.
Wooden furniture imports from Italy fell 28.8% to EUR 7.644 mln,
and imports from Lithuania shrank 34.5% y-o-y to EUR 7.581 mln.
In the first ten months of 2017, Latvia exported EUR 137.972
mln worth of wooden furniture and imported wooden furniture for EUR 68.282 mln.