Foreign trade of Latvia in food products and fuel in the first half of 2008

14.08.2008

The value of agricultural and food product exports in the first half of 2008 reached 328.5 mln lats (at current prices) compared to 247.5 mln lats in the corresponding period of previous year. Of which the value of exports of food products, alcoholic and non-alcoholic beverages and tobacco products was 160.8 mln lats (149.9 mln lats in the first half of 2007).

The value of agricultural and food product imports in the first half of 2008 reached 486.4 mln lats (at current prices) compared to 409.3 mln lats in the corresponding period of previous year. Of which the value of imports of food products, alcoholic and non-alcoholic beverages and tobacco products was 241.1 mln lats (221.8 mln lats in the first half of 2007).

Compared to the first half of 2007, in the same period this year both exports of agricultural and food product and exports of food products, alcoholic and non-alcoholic beverages and tobacco products (at current prices) increased slightly faster than their imports. Significant was rate of trade of Latvia in food products with neighbouring countries - Lithuania and Estonia: in exports on the first half of 2008 it was 25.0% and 15.2%, respectively, but in imports – 24.7% and 10.1%, respectively. In trade with Lithuania exports of these commodities increased by 14.6%, but imports – by 11.3%. However, in trade with Estonia exports decreased by 25.7%, but imports increased by 17.3%.

Compared to the first half of 2007, in the same period this year the exports value of agricultural and food products (at current prices) increased by 32.7% (at current prices) (rate in total exports 14.8%), of which the exports of food products, alcoholic and non-alcoholic beverages and tobacco products - by 7.2%.

Exports of main food products in the first half of 2008

Quantity

Thsd lats

total

in % (+, -) over I-VI 2007

total

rate, in %

Agricultural and food products - total

X

X

328 523

100

of which:

milk, cream, other cultured products, t

88 115

+10,6

27 549

8,4

cheese and curd, t

5 490

-5,2

12 505

3,8

butter, t

692

-46,7

1 227

0,4

wheat and meslin, t

120 957

+2.7 times

21 405

6,5

fish, fresh or frozen, t

29 741

+13,5

17 988

5,5

preserved fish, t

28 584

+3,1

25 764

7,8

vodka, thsd l alc. 100%

5 022

-16,2

12 418

3,8

beer, thsd l

3 236

-57,0

1 041

0,3

non-alcoholic beverages containing added sugar matter, thsd l

25 032

+16,1

78 53

2,4

cigarettes, mln units

2 937

-7,9

14 446

4,4

Different milk products were mainly exported to the EU countries– 85.3% values at current prices:

- milk, cream, other cultured products – 88.0% (to Lithuania – 71.1%, Estonia – 5.2%, Germany – 4.0%), Moreover, 5.5% of milk, cream and other cultured products were exported to Libya,

- cheese and curd – 72.9% (to Germany – 45.7%, Estonia – 12.6%, Finland – 4.8%). 21.3% of cheese and curd were exported to Russia,

- butter–99.2%(to Germany – 78.1%, Italy – 9.6%, Estonia – 7.3%).

77.7% of fresh and frozen fish were exported to the EU.The main partners were Lithuania (21.7%), Estonia (20.5%), and France (15.5%). 13.7% of fresh and frozen fish were exported to the Belarus.

Wheat and meslin were mainly exported to the EU countries – 96.5% (to Germany – 38.6%, Denmark – 22.3%, Lithuania – 19.9%), slightly more was exported to Oman – 3.1%.

47.1% of prepared or preserved fish were exported to the EU (to Estonia – 22.3%, Lithuania – 6.6%, Germany – 4.1%). 20.7% of prepared or preserved fish were exported to Russia and 14.4% - to the United States of America.

The main partner of vodka export was the United States of America – 39.3% of the total vodka export. 16.9% were exported to Cyprus and 11.2%- to Canada.

55.6% of beer was exported to the EU (to Lithuania – 39.9%, Estonia – 11.3%). Some part of the beer was exported also to Russia – 41.5% of total beer export.

The non-alcoholic beverages, containing added sugar were mainly exported to the EU countries 91.8% (to Lithuania 36.1%, Estonia – 29.0%, Denmark – 12.1%).

The cigarettes were mainly exported to the EU countries 94.2% (to Lithuania 63.9%, Denmark – 18.7%, Estonia – 8.2%).

Compared to the first half of 2007, in the same period this year the imports value of agricultural and food products (at current prices) increased by 18.8% (at current prices) (rate in total imports 12.9%), of which the imports of food products, alcoholic and non-alcoholic beverages and tobacco products - by 8.7%.

Imports of main food products in the first half of 2008

Quantity

Thsd lats

total

in % (+, -) over I-III 2007 I-VI

total

rate, in %

Agricultural and food products - total

X

X

486 382

100

of which:

meat of swine, fresh, chilled or frozen, t

16 111

+18,5

19 128

3,9

poultry, chilled or frozen, t

12 596

-10,5

10 313

2,1

fish, fresh or frozen, t

19 419

+38,2

21 792

4,5

milk, cream and milk products, t

38 669

+4,5

25 054

5,2

sugar, t

21 738

+34,2

9 664

2,0

chocolate and other food preparations containing cocoa, t

4 507

-9,7

11 085

2,3

non-alcoholic beverages containing added sugar matter, thsd l

34 953

-8,6

10 162

2,1

wine of fresh grapes, thsd l

5 824

-44,0

9 539

2,0

beer, thsd l

16 415

+5,3

5 357

1,1

cigarettes, mln units

3 814

+42,3

22 612

4,6

Most of the agricultural and food product value (at current prices) – 87.0%, were imported from the EU countries.

The meat of swine was mainly imported from Poland – 29.3%, Germany – 23.1 %, Estonia – 18.7 % and Lithuania – 8.4 %.

The poultry was mainly imported from Lithuania – 26.1%, Netherlands – 22.1%, Poland – 13.0% and Denmark – 11.6%.

Fish, fresh and frozen was imported from Sweden – 40.9%, Lithuania – 10.2% and Denmark – 6.3%. Moreover, 18.1% of fish, fresh and frozen was imported from Norway.

Milk, cream and milk products were mainly imported from Estonia – 32.4%, Lithuania – 30.0%, Poland – 17.8% and Germany – 11.2%.

The sugar was mainly imported from Lithuania – 48.0%, Denmark – 22.5%, Poland – 17.8% and Estonia – 8.5%.

Chocolate and other food preparations containing cocoa were imported from Lithuania – 28.5%, Estonia – 16.6%, Poland – 13.8% and Germany – 8.4%.

Non-alcoholic beverages containing added sugar matter were mainly imported from Estonia – 36.4%, also from Lithuania – 12.2%, Poland – 11.1% and Austria – 9.3%.

Wine of fresh grapes was mainly imported from France – 34.3%, Spain – 12.0%, Italy – 11.5% and Germany – 9.1%.

Beer was mainly imported from Estonia – 35.5 %, Lithuania – 25.4%, less from Czech Republic – 7.2%. Some part of the beer was imported also from Russia – 14.9% of total beer imports.

Cigarettes were mainly imported from Lithuania – 60.0%, Poland – 13.5%, Germany – 5.6% and Finland – 4.9%. Moreover, 5.4% of cigarettes were imported from Turkey.

In the first half of 2008, compared to the same period of 2007, the value of imports of oil and oil products increased by 76.8 mln lats (at current prices) or 31.1%, of which of diesel oil – by 55.4 mln lats or 42.1%, of motor spirit – by 8.4 mln lats or 11.0% and of residual oil – by 1.9 mln lats or 17.0%. At the same time imports decrease of mentioned products at natural expression was observed.

Fuel imports in the first half of 2008

Quantity

Thsd lats

total

in % (+, -) over I-VI 2007

total

rate, in %

Oil and oil products

X

X

323945

100

Diesel oil, t

404 130

-3,5

186 847

57,7

Motor spirit, thsd l

265 099

-11,0

84 974

26,2

Residual oil, t

52 713

-23,6

13 291

4,1

The most of the diesel oil value (at current prices) was imported from Lithuania – 45.5% and Belarus – 38.5%, but from Russia – 16.0%.

The motor spirits were mostly imported from Lithuania – 92.2%. The rest was imported from Norway – 7.5%, Belarus – 0.3% and Great Britain – 0.03%.

Most of the residual fuel was imported from Belarus – 34.1%, Russia – 30.8% and Estonia - 30.1%, but from the United Kingdom – 4.9% and from Kazakhstan – 0.2%.

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