Foreign trade of Latvia in February 2009

09.04.2009

In February 2009 the total foreign trade turnover at current prices reached 646.9 mln lats – more by 1.1% or 7.2 mln lats than a month before and less by 35.9% or 361.5 mln lats than in February last year, according to provisional data of Central Statistical Bureau.

In January – February 2009 foreign trade turnover value reached 1286.6 mln lats – less by 34.2% or 667.4 mln lats than in the same period of last year. Of which exports value comprised 507.2 mln lats – less by 27.4% or 191.6 mln lats, but imports value comprised 779.4 mln lats – less by 37.9% or 475.8 mln lats than a year ago.

Latvia’s foreign trade, mln lats1

1 Data on April, May, June, September and November 2008 have been revised.

In February 2009 the most significant share in Latvia’s export had export to the countries of European Union (70.4%), followed by the export to CIS countries – 14.6%. Main export partners were Lithuania (16.4% of total export), Estonia (13.1%), Russia (8.2%), Germany (8.0%) and Sweden (6.7%).

In February 2009 the most significant share in Latvia’s import had import from the countries of European Union (68.8%), followed by the import from CIS countries – 21.0%. Main import partners were Russia (16.8% of total import), Lithuania (14.0%), Germany (11.3 %), Poland (7.2%) and Estonia (5.9%).

Main commodities in Latvia’s foreign trade in February 2009, at current prices

Exports

Imports

Foreign trade balance, thsd lats (+,-)

thsd lats

% of total

% (+, -) over February 2008

thsd lats

% of total

% (+, -)over February 2008

Total

260 989

100

-29.3

385 850

100

-39.6

-124 861

Agricultural and food products (I-IV)

49 657

19.0

-11.5

64 287

16.7

-19.9

-14 630

Live animals and animal products (I)

10 627

4.1

-20.7

14 268

3.7

-9.3

-3 641

Fish (fresh, frozen, smoked) (03)

4 396

1.7

+9.4

5 147

1.3

+7.9

-751

dairy produce (04)

4 471

1.7

-42.3

4 288

1.1

-18.5

+183

Vegetation products (II)

16 076

6.2

+15.5

14 217

3.7

-35.2

+1 859

edible fruit and nuts (08)

717

0.3

-40.1

5 006

1.3

-24.1

-4 289

cereals (10)

11 438

4.4

+46.8

607

0.2

-66.7

+10 831

Prepared foodstuffs (IV)

22 586

8.7

-18.9

32 662

8.5

-17.4

-10 076

preparations of meat, or fish (16)

3 331

1.3

-43.4

1 982

0.5

+0.1

+1 349

miscellaneous edible preparations (incl. coffee, tea, etc.) (21)

1 575

0.6

+27.3

4 367

1.1

-21.4

-2 792

beverages, spirits and vinegar (22)

6 495

2.5

-38.2

6 332

1.6

-41.1

+163

tobacco and manufactured tobacco substitutes (24)

2 483

1.0

-9.9

3 893

1.0

-3.6

-1 410

Mineral products (V) 1)

11 291

4.3

-14.9

72 372

18.8

-13.4

-61 081

mineral fuels, mineral oils and products of their distillation (27)

10 717

4.1

-1.7

70 135

18.2

-11.2

-59 418

Products of the chemical and allied industries (VI)

28 903

11.1

-9.0

54 080

14.0

-15.2

-25 177

pharmaceutical products (30)

17 507

6.7

+14.0

29 428

7.6

+19.4

-11 921

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

6 721

2.6

-29.4

14 706

3.8

-50.6

-7 985

plastics and articles thereof (39)

5 421

2.1

-28.3

11 655

3.0

-48.4

-6 234

Wood and articles of wood; wood charcoal; cork and articles of cork; manufactures of straw, of esparto or of other plaiting materials (IX)

40 693

15.6

-41.9

4 712

1.2

-71.0

+35 981

wood and articles of wood; wood charcoal (44)

40 620

15.6

-41.9

4 475

1.2

-71.6

+36 145

Pulp of wood or of other fibrous cellulosic material; paper and paperboard and articles thereof (X)

4 469

1.7

-43.0

11 808

3.1

-19.2

-7 339

paper and paperboard; articles of paper pulp, of paper or of paperboard (48)

3 080

1.2

-52.7

10 284

2.7

-17.1

-7 204

Textiles and textile articles (XI)

16 803

6.4

-24.3

20 554

5.3

-26.6

-3 751

articles of apparel and clothing accessories, knitted or crocheted (61)

4 552

1.7

-3.9

4 823

1.3

-16.9

-271

articles of apparel and clothing accessories, not knitted or crocheted (62)

7 048

2.7

-13.2

6 244

1.6

-21.7

+804

Base metals and articles of base metals (XV)

37 484

14.4

-27.7

30 734

8.0

-50.9

+6 750

iron and steel (72)

22 134

8.5

-23.1

14 998

3.9

-54.5

+7 136

articles of iron or steel (73)

9 385

3.6

-29.5

8 146

2.1

-51.2

+1 239

Machinery and mechanical appliances; electrical equipment (XVI)

31 477

12.1

-34.8

55 454

14.4

-55.5

-23 977

machinery and mechanical appliances (84)

15 371

5.9

-31.5

31 650

8.2

-57.5

-16 279

electrical machinery and equipment (85)

16 106

6.2

-37.7

23 805

6.2

-52.6

-7 699

Vehicles, aircraft, vessels and associated transport equipment (XVII)

13 233

5.1

-54.7

25 054

6.5

-68.5

-11 821

vehicles other than railway or tramway rolling stock, and parts and accessories thereof (87)

11 261

4.3

-53.6

21 683

5.6

-71.7

-10 422

Miscellaneous manufactured articles (XX)

8 258

3.2

-40.9

9 443

2.4

-55.6

-1 185

furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings (94)

6 904

2.6

-36.4

5 928

1.5

-55.4

+976

Other goods

12 000

4.6

-20.7

22 646

5.9

-35.4

-10 646

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

More information on Latvia’s foreign trade by months and quarters by country groups and commodity groups can be obtained in the CSB data base section „Foreign trade”.

Prepared by the Foreign Trade Statistics Section
Tel. +371 67366604
Lilita Laganovska