Foreign trade of Latvia in food products and fuel in January- March 2008

15.05.2008

The value of agricultural and food product exports in January – March 2008 reached 165.7 mln lats (at current prices) compared to 112.0 mln lats in the corresponding period of previous year, according to the Central Statistical Bureau. Of which the value of exports of food products, alcoholic and non-alcoholic beverages and tobacco products was 80.5 mln lats (67.3 mln lats in January – March 2007).

The value of agricultural and food product imports in this period comprised 245.2 mln lats (at current prices) compared to 195.2 mln lats in the first 3 months of previous year. Of which the value of imports of food products, alcoholic and non-alcoholic beverages and tobacco products reached 120.2 mln lats (106.3 mln lats in January – March 2007).

Compared to January – March 2007, 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. In January – March 2008 the share in the exports of Latvian food products was significant in our neighbouring countries – Lithuania and Estonia— 26.6% and 14.8%, respectively, but in imports – 21.8% and 10.1%. In the trade with Lithuania the exports of these commodities increased by 31.7%, but the imports- only by 6.7%, in its turn, in the trade with Estonia the exports decreased by 18.3%, but imports- increased by 31.4%.

Compared to January – March 2007, in the same period this year the exports value of agricultural and food products (at current prices) increased by 51.2% (rate in total exports 15.4%), of which the exports of food products, alcoholic and non-alcoholic beverages and tobacco products - by 25.1%.

Exports of main food products in January – March 2008

Quantity

thsd lats

Total

In % (+, -) over I-III 2007

Total

rate, in %

Agricultural and food products - total

X

X

165 741

100

Milk, cream, other cultured products, t

43 608

+19,9

13 702

8,3

Cheese and curd, t

2 389

-4,4

5 807

3,5

 

Butter, t

350

-9,6

608

0,4

Fish, fresh or frozen, t

15 932

+18,8

7 890

4,8

Prepared or preserved fish, t

14 304

+13,3

12 708

7,7

Vodka, thsd l alc. 100%

2 391

-16,9

5 228

3,2

Beer, thsd l

1 640

-45,7

536

0,3

Cigarettes, mln units

1 554

+15,2

7 362

4,4

Different milk products were mainly exported to the EU countries– 84.0% values at current prices:

- milk, cream, other cultured products – 91.6% (to Lithuania – 81.4%, Estonia – 3.0%, France – 1.6%),
- cheese and curd–64.5%(to Germany – 40.1%, Estonia – 10.1%, Italy – 4.7%). Moreover, 25.9% of cheese and curd were exported to Russia,
- butter–99.0%(to Germany – 81.6%, Italy – 12.7%, Estonia – 4.3%).

69.7% of fresh and frozen fish were exported to the EU.The main partners were Lithuania (24.8%), Estonia (20.6%), and France (11.2%). Moreover, 16.9% of fresh and frozen fish were exported to the Belarus.

47.3% of prepared or preserved fish were exported to the EU (to Estonia – 22.3%, Lithuania – 5.9%, Germany – 5.4%). 24.9% of prepared or preserved fish were exported to Russia and 10.5% - to the United States of America.

The main partner of vodka export was the United States of America – 38.7% of the total vodka export. 22.9% were exported to Cyprus and 11.5%- to Canada.

59.5% of beer was exported to the EU (to Lithuania – 44.6%, Estonia – 9.9%). Some part of the beer was exported also to Russia – 38.3% of total beer export.

The cigarettes were mainly exported to the EU countries 95.2% (to Lithuania 71.3%, Denmark – 16.2%, Estonia – 3.3%).

Compared to January – March 2007, in the same period this year the imports value of agricultural and food products (at current prices) increased by 25.6% (rate in total imports 13.2%), of which the imports of food products, alcoholic and non-alcoholic beverages and tobacco products - by 13.0%.

Imports of main food products in January – March 2008

Quantity

thsd lats

Total

In % (+, -) over I-III 2007

Total

rate, in %

Agricultural and food products - total

X

X

245 206

100,0

Meat of swine, fresh, chilled or frozen, t

6 483

+2,4

7 056

2,9

Poultry, chilled or frozen, t

6 494

-3,9

5 144

2,1

Fish, fresh or frozen, t

9 568

+55,1

10 001

4,1

Milk, cream and milk products, t

19 678

+9,2

12 999

5,3

Sugar, t

7 073

-4,1

3 136

1,3

 

Chocolate and other food preparations containing cocoa, t

2 197

-23,2

5 750

2,3

Non-alcoholic beverages containing added sugar matter, thsd l

16 740

+11,3

4 695

1,9

Wine of fresh grapes, thsd l

3 522

-40,7

5 733

2,3

Beer, thsd l

6 521

+27,3

1 994

0,8

Cigarettes, mln units

1 950

+57,8

10 751

4,4

Most of the agricultural and food product value (at current prices) – 86.8%, were imported from the EU countries.

The meat of swine was mainly imported from Poland – 28.7%, Germany – 21.5%, Estonia – 19.7%, Denmark – 9.6%.

The poultry was mainly imported from Lithuania – 25.7%, Netherlands – 23.7%, Poland – 14.0% and Denmark – 12.7%.

Fresh and frozen fish were imported from Sweden – 36.2%, Lithuania – 14.1% and Denmark – 8.9%. Moreover, 19.0% of fresh and frozen fish were imported from Norway.

Milk, cream and milk products were mainly imported from Estonia – 34.5%, Lithuania – 28.8%, Poland – 18.2% and Germany – 10.1%.

The sugar was mainly imported from Lithuania – 46.5%, Poland – 34.8%, Estonia – 12.4% and Denmark – 2.2%.

Chocolate and other food preparations containing cocoa were imported from Lithuania – 22.2%, Poland – 16.3%, Estonia – 15.7% and Finland – 9.5%.

Non-alcoholic beverages containing added sugar matter were imported from Estonia – 39.6%, also from Poland – 11.3%, Lithuania – 11.2% and Hungary – 7.9%.

Wine of fresh grapes was mainly imported from France – 38.9%, Italy – 12.7%, Spain – 11.7% and Germany – 9.6%.

Beer was mainly imported from Estonia – 42.0%, Lithuania – 27.1%, less from Czech Republic – 6.8%. Some part of the beer was imported also from Russia – 11.2% of total beer imports.

Cigarettes were mainly imported from Lithuania – 58.9%, Poland – 20.9%, Germany – 5.7% and Romania – 4.2%. 4.5% of cigarettes were imported from Turkey.

In January – March 2008, compared to the same period of 2007, the imports value of oil and oil products (at current prices) increased by 36.0 mln lats or 33.4%, of which of diesel oil - by 26.3 mln lats or 46.9%, of motor spirit – by 5.6 mln lats or 17.3% and of residual fuel – by 0.6 mln lats or 8.7%.

Fuel imports in January – March 2008

Quantity

thsd lats

total

% (+,-) over I-III 2007

total

ratio, in %

Oil and oil products

X

X

143 793

100

Diesel oil,

195 656

+5,4

82 333

57,3

Motor spirit, thsd l

127 170

-10,4

37 936

26,4

Residual oil, t

29 273

-32,6

7 038

4,9

The most of the diesel oil value (at current prices) was imported from Lithuania 43.8% and the Belarus - 43.1%, but from Russia - 13.1%.

The motor spirits were mostly imported from Lithuania– 90.6%. The rest was imported from Norway9.0%, Belarus – 0.3% and Great Britain – 0.1%.

The motor spirits were mostly imported from the Belarus – 33.8%, Estonia – 32.1% and Russia – 31.0%, but from Great Britain – 2.7%, and from Kazakhstan – 0.4%.

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