International Internet Magazine. Baltic States news & analytics
Wednesday, 12.12.2018, 10:17
Provisional data of the Central Statistical Bureau show that in October 2018 the foreign trade turnover of Latvia amounted to EUR 2.66 bn, which at current prices was 13.3% more than in October 2017, of which the exports value of goods was 6.8 % and imports value of goods was 18.8% higher. In October, Latvia exported goods in the amount of EUR 1.16 bn, but imported in the amount of EUR 1.50 bn. Compared to October 2017, foreign trade balance has worsened as exports in total foreign trade amount decreased from 46.2% to 43.6%.
Keyword tags: Export, Foreign trade , Good for Business, Latvia, Statistics
Statistics Lithuania informs that, based on non-final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports in October 2018 amounted to EUR 2.71 billion, imports – EUR 3.05 billion. Exports of goods of Lithuanian origin amounted to EUR 1.65 billion. The foreign trade deficit of Lithuania amounted to EUR 0.33 billion.
Statistics Lithuania informs that in III quarter 2018, against the same quarter of 2017, labour costs per hour worked in industrial, construction and service enterprises (individual enterprises included), calendar adjusted, increased by 10.7%, of which in business enterprises – 10.3%.
The latest data of the Central Statistical Bureau (CSB) show that in November 2018, compared to November 2017, the average level of consumer prices* rose by 3.0%. Prices of both goods and services grew by 3.0%
According to Statistics Estonia, in October 2018, the exports of goods increased by 17% and imports by 20% compared to October 2017. For the first time, exports exceeded 1.3 bln euros and imports 1.5 bln euros. The growth in trade was affected the most by an increase in trade in mineral products (solvent, fuel additives, motor spirit, shale oil).
According to Statistics Estonia, in October 2018, domestic and foreign tourists who stayed in accommodation establishments numbered 274,000, which is 1% more than in October 2017. Compared to October of the previous year, the number of domestic tourists increased and the number of foreign tourists decreased.
In October 2018 compared with September 2018, the seasonally adjusted volume of retail trade increased by 0.3% in the euro area (EA19) and by 0.1% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In September, the retail trade volume decreased by 0.5% in the euro area and by 0.3% in the EU28.