Foreign trade of Latvia in April 2006

14.06.2006

The value of exports in April 2006 decreased by 4.2% or 11.3 mln lats compared to the previous month but increased by 4.1% or 10.1 mln lats compared to April 2005, reaching 258.4 mln lats.

The value of imports in April 2006 was, in turn, 4.4% or 21.3 mln lats lower than a month ago but 18.3% or 71.0 mln lats higher compared to April 2005, reaching 458.7 mln lats.

The total foreign trade turnover in January-April 2006 was 20.0% or 452.1 mln lats higher than in the corresponding period of the previous year and its value was as high as 2716.5 mln lats.

Latvia’s foreign trade, in millions of lats1

Compared to January-April 2005, the considerable increases in exports in January-April 2006 were 47.1% for the products of the chemical and allied industries, 45.3% for agricultural and food products and 38.2% for plastics and plastic products. The decreases in exports, in turn, were 33.8% for mineral products, 3.8% for pulp and wood; paper and paperboard and 3.4% for wood and articles of wood.

Compared to January-April 2005, the steepest increases in imports in January-April 2006 were 52.1% for miscellaneous manufactured articles (including furniture), 47.3% for transport vehicles and 27.1% for the products of the chemical and allied industries. There was, in turn, a decrease of 4.1% in the imports of wood and of articles of wood.

________________

1)

Beginning from 1995, foreign trade data are available in the section “Main indicators” of the CSB homepage.
    Data adjusted for January 2006.

Principal exports and imports of Latvia in

January-April 2006

Eksports

Imports

Main partners of Latvia’s foreign trade

Groups of countries, countries

March 2006

April 2006

April 2006 as % of

thsd lats

ratio, %

thsd lats

ratio, %

March 2006

April 2005

Exports total

269 724

100

258 445

100

-4,2

+4,1

EU – 25

197 023

73,0

189 860

73,5

-3,6

-1,1

EU – 15

116 884

43,3

111 076

43,0

-5,0

-4,1

Other countries:

CIS

37 867

14,0

35 849

13,9

-5,3

+27,3

other

34 834

13,0

32 736

12,6

-6,0

+16,0

Main export partners:

Lithuania

38 522

14,3

34 297

13,3

-11,0

+48,1

Estonia

31 588

11,7

32 489

12,6

+2,9

+31,9

Germany

27 335

10,1

23 153

9,0

-15,3

+6,8

Great Britain

21 086

7,8

19 874

7,7

-5,7

-25,6

Russia

23 262

8,6

19 862

7,7

-14,6

+6,8

Sweden

17 975

6,7

18 477

7,1

+2,8

-17,8

Denmark

14 257

5,3

13 061

5,1

-8,4

-2,7

Belarus

6 380

2,4

8 829

3,4

+38,4

+113,2

Imports - total

480 061

100

458 714

100

-4,4

+18,3

EU – 25

353 258

73,6

335 841

73,2

-4,9

+19,9

EU – 15

209 638

43,7

197 972

43,2

-5,6

+20,5

Other countries:

CIS

79 910

16,6

75 338

16,4

-5,7

-0,1

other

46 893

9,8

47 535

10,4

+1,4

+47,6

Main import partners:

Germany

69 250

14,4

67 063

14,6

-3,2

+33,1

Lithuania

57 806

12,0

59 133

12,9

+2,3

+21,3

Russia

48 974

10,2

41 838

9,1

-14,6

+10,5

Estonia

36 767

7,7

32 935

7,2

-10,4

+7,4

Poland

31 661

6,6

30 767

6,7

-2,8

+30,1

Finland

27 219

5,7

26 009

5,7

-4,4

+19,2

Belarus

22 280

4,6

24 341

5,3

+9,2

-6,7

Sweden

22 506

4,7

24 219

5,3

+7,6

+12,2

1

Adjusted data

Exports and imports by main commodity group

 

2006.g. janvāris - aprīlis

2006.g. aprīlis

Total

ES - 25

Total

ES - 25

thsd
lats

 

thsd
lats

%

thsd
lats

 

thsd
lats

%

 Exports – total

979768

100

728927

74.4

258 445

100

189860

73.5

Agricultural and food products (I-IV)

125 691

12.8

81 228

64.6

30 545

11.8

20 814

68.1

prepared foodstuffs; alcoholic and non-alcoholic beverages (IV)

73 216

7.5

37 890

51.8

17 003

6.6

10 216

60.1

Mineral products (V)1)

61 838

6.3

38 329

62.0

19 332

7.5

11 935

61.7

Products of the chemical and allied industries (VI)

70 534

7.2

45 289

64.2

18 721

7.2

11 688

62.4

Plastics and articles thereof (VII)

27 842

2.8

21 985

79.0

7 427

2.9

5 599

75.4

Wood and articles of wood (IX)

226 932

23.2

200 163

88.2

60 271

23.3

53 754

89.2

Pulp of wood; paper, paperboard (X)

17 720

1.8

13 126

74.1

3 871

1.5

2 867

74.1

Textiles and textile articles (XI)

86 755

8.9

64 013

73.8

18 681

7.2

13 086

70.1

Articles of stone, plaster, cement, glassware and ceramic products (XIII)

17 807

1.8

12 734

71.5

5 035

1.9

3 622

71.9

Base metals and articles of base metals (XV)

134 286

13.7

103 471

77.1

39 429

15.3

30 384

77.1

Machinery and mechanical appliances: electrical equipment (XVI)

81 433

8.3

52 033

63.9

20 769

8.0

13 080

63.0

Transport vehicles (XVII)

60 365

6.2

46 629

77.2

17 614

6.8

11 626

66.0

Optical instruments and apparatus, clocks and watches, musical instruments (XVIII)

9 254

0.9

3 843

41.5

2 964

1.1

726

24.5

Miscellaneous manufactured articles including furniture (XX)

49 308

5.0

38 610

78.3

11 322

4.4

8 706

76.9

Other goods

10 005

1.0

7 476

74.7

2 464

1.0

1 972

80.0

 Imports - total

1736724

100

1272921

73.3

458714

100

335841

73.2

Agricultural and food products (I-IV)

199 736

11.5

171 507

85.9

53 061

11.5

45 929

86.6

prepared foodstuffs; alcoholic and non-alcoholic beverages; tobacco (IV)

96 595

5.6

79 971

82.8

25 256

5.5

20 659

81.8

Mineral products (V)1)

259 965

15.0

89 518

34.4

64 052

14.0

22 644

35.4

Products of the chemical and allied industries (VI)

167 194

9.6

128 451

76.8

44 293

9.7

32 620

73.6

Plastics and articles thereof; rubber and articles thereof (VII)

85 422

4.9

75 430

88.3

21 193

4.6

18 643

88.0

Wood and articles of wood (IX)

50 670

2.9

19 551

38.6

13 163

2.9

4 608

35.0

Pulp of wood; paper, cardboard (X)

48 976

2.8

41 519

84.8

11 880

2.6

9 924

83.5

Textiles and textile articles (XI)

87 844

5.1

73 593

83.8

22 729

5.0

18 761

82.5

Articles of stone, plaster, cement, glassware and ceramic products (XIII)

44 365

2.6

37 223

83.9

13 100

2.9

10 953

83.6

Base metals and articles of base metals (XV)

160 012

9.2

90 846

56.8

44 295

9.7

23 352

52.7

Machinery and mechanical appliances; electrical equipment (XVI)

314 999

18.1

267 993

85.1

83 998

18.3

72 047

85.8

Transport vehicles (XVII)

204 135

11.8

187 038

91.6

58 396

12.7

53 372

91.4

Optical instruments and apparatus (including medical); clocks and watches; musical instruments (XVIII)

29 401

1.7

23 207

78.9

6 826

1.5

5 578

81.7

Miscellaneous manufactured articles, including furniture (XX)

54 769

3.2

46 166

84.3

14 496

3.2

12 162

83.9

Other goods

29 234

1.7

20 879

71.4

7 233

1.5

5 249

72.6

1) This group includes useful minerals, oil and oil products, natural gas and electricity.

Prepared by the Foreign Trade Statistics Section
Lilita Laganovska
Tel. 7366604