Foreign trade of Latvia in July 2010

09.09.2010

In July 2010 the total foreign trade turnover at current prices reached 874.8 mln lats – more by 7.6% or 62.1 mln lats than a month before and more by 34.6% or 225.1 mln lats than in July 2009, according to provisional data of Central Statistical Bureau.

In January – July 2010 foreign trade turnover value reached 5449.3 mln lats – more by 17.6% or 813.8 mln lats than in the same period of last year. Of which exports value comprised 2449.8 mln lats – more by 25.8% or 502.2 mln lats, but imports value comprised 2999.5 mln lats – more by 11.6% or 311.6 mln lats than a year ago.

Latvia’s foreign trade, mln lats1

1) Data on April 2010 have been revised.

 

Main commodities in Latvia’s foreign trade in July 2010, at current prices

 

Exports

Imports

Foreign trade balance, thsd lats (+,-)

thsd lats

% of

total

% (+, -)

over

July 2009

 

thsd lats

% of

total

% (+, -)

over

July 2009

 

Total

388 107

100

+41.9

486 749

100

+29.4

-98 642

Agricultural and food products (I-IV)

54 168

14.0

+20.6

73 898

15.2

+1.1

-19 730

Live animals and animal products (I)

15 378

4.0

+7.5

14 011

2.9

-7.7

+1 367

 

Fish (fresh, frozen, smoked) (03)

3 063

0.8

-18.9

3 875

0.8

+14.5

-812

 

dairy produce, eggs (04)

8 826

2.3

+27.4

3 780

0.8

+3.2

+5 046

Vegetation products (II)

11 449

2.9

+77.0

17 366

3.6

+1.5

-5 917

 

cereals (10)

5 795

1.5

+ 3.8 times

 967

0.2

+41.5

+4 828

Prepared foodstuffs (IV)

26 306

6.8

+11.7

38 637

7.9

+3.9

-12 331

 

preparations of meat, or fish (16)

2 965

0.8

-4.7

1 667

0.3

-5.5

+1 298

 

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

1 349

0.3

-2.2

5 219

1.1

+7.1

-3 870

 

beverages, spirits and vinegar (22)

12 745

3.3

+42.4

11 280

2.3

+32.2

+1 465

Mineral products (V) 1)

22 852

5.9

+48.4

78 493

16.1

+33.0

-55 641

 

 

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

19 746

5.1

+40.8

76 578

15.7

+35.0

-56 832

Products of the chemical and allied industries (VI)

28 122

7.2

+45.3

55 074

11.3

+13.2

-26 952

 

pharmaceutical products (30)

15 692

4.0

+92.6

24 159

5.0

-2.7

-8 467

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

14 256

3.7

+54.1

33 080

6.8

+58.1

-18 824

 

plastics and articles thereof (39)

11 500

3.0

+66.1

26 280

5.4

+58.2

-14 780

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

85 148

21.9

+72.9

8 658

1.8

+55.7

+76 490

 

wood and articles of wood; wood charcoal (44)

85 044

21.9

+72.9

8 498

1.7

+55.8

+76 546

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

7 788

2.0

+40.9

14 504

3.0

+27.8

-6 716

 

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

4 766

1.2

+21.3

12 665

2.6

+32.6

-7 899

 

products of the printing industry; manuscripts (49)

2 695

0.7

+92.7

1 765

0.4

+0.6

+930

Textiles and textile articles (XI)

17 472

4.5

+11.8

24 703

5.1

+26.0

-7 231

 

knitted or crocheted fabrics (60)

1 284

0.3

+23.1

2 019

0.4

+ 2.3 times

-735

 

 

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

5 201

1.3

+14.0

6 559

1.3

-6.1

-1 358

 

 

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

5 666

1.5

-5.6

5 142

1.1

+1.9

+524

Base metals and articles of base metals (XV)

60 097

15.5

+ 2 times

50 123

10.3

+75.8

+9 974

 

iron and steel (72)

39 286

10.1

+ 2.7 times

26 533

5.5

+2.5 times

+12 753

 

articles of iron or  steel (73)

10 432

2.7

+29.1

12 408

2.5

+27.5

-1 976

 

cooper and articles thereof  (74)

3 754

1.0

+34.5

1 522

0.3

+12.7

+2 232

Machinery and mechanical appliances; electrical equipment (XVI)

46 912

12.1

+8.9

77 329

15.9

+34.6

-30 417

 

machinery and mechanical appliances (84)

23 604

6.1

+9.9

40 750

8.4

+34.0

-17 146

 

electrical machinery and equipment (85)

23 308

6.0

+7.9

36 579

7.5

+35.1

-13 271

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

24 232

6.2

+16.1

36 364

7.5

+57.6

-12 132

 

 

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

19 657

5.1

+8.0

34 385

7.1

+65.4

-14 728

Miscellaneous manufactured articles (XX)

11 453

3.0

+28.3

11 327

2.3

+47.4

+126

 

 

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

9 425

2.4

+31.6

6 958

1.4

+51.1

+2 467

Other goods

15 607

4.0

+34.8

23 196

4.8

+9.8

-7 589

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

In July 2010 the most significant share in Latvia’s export had export to the countries of European Union (70.7%), followed by the export to CIS countries – 16.7%. Main export partners were Lithuania (15.5% of total export), Estonia (13.0%), Russia (12.6%), Germany (8.6%) and Sweden (5.9%).

In July 2010 the most significant share in Latvia’s import had import from the countries of European Union (77.4%), followed by the import from CIS countries – 13.1%. Main import partners were Lithuania (18.1% of total import), Germany (13.4%), Poland (8.2%), Russia (7.9%) and Estonia (6.6%).

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” monthly/quarterly, annual data.

 

Prepared by Foreign trade statistics methodology, analysis and dissemination section
Lilita Laganovska
Tel. 67366604