Foreign trade of Latvia in July 2011

09.09.2011

In July 2011, the total foreign trade turnover at current prices comprised LVL 1131.6 million – 7.1% or LVL 74.8 million more than in the previous month, and 25.3% or LVL 228.5 million more than in July 2010, according to provisional data of the Central Statistical Bureau.

In January – July 2011 foreign trade turnover value reached 7380.3 mln lats – more by 34.1% or 1875.8 mln lats than in the corresponding period of the previous year. Of which export volume comprised LVL 3296.6 million – an increase of 34.1% or LVL 838.4 million, whereas import volume constituted LVL 4083.7 million – 34.1% or LVL 1037.4 million more than a year ago.

Foreign trade of Latvia, million LVL1

1) Data on April 2011 have been revised.

Main commodities in Latvia’s foreign trade in July 2011, at current prices

 

Export

Import

Foreign trade balance, thousand LVL  (+,-)

thousand LVL

% of

total

% (+, -)

over

July

2010

thousand
LVL

% of

total

% (+, -)

over

July

2010

Total

471 376

100

+19.8

660 169

100

+29.5

-188 793

Agricultural and food products (I-IV)

63 315

13.4

+13.3

77 421

11.7

-2.5

-14 106

Live animals and animal products (I)

21 384

4.5

+33.1

17 625

2.7

+5.8

+3 759

 

meat and offal (02)

2 858

0.6

+57.2

6 526

1.0

+13.9

-3 668

 

fish (fresh, frozen, smoked) (03)

4 155

0.9

+29.2

4 812

0.7

-0.1

-657

 

dairy produce, eggs (04)

11 981

2.5

+31.6

5 175

0.8

+2.5

+6 806

Vegetation products (II)

9 126

1.9

-25.0

17 584

2.7

-9.8

-8 458

 

cereals (10)

2 771

0.6

-50.2

1 827

0.3

+2.0 times

+944

 

oilseeds (12)

1 276

0.3

+21.9

2 974

0.5

-11.6

-1 698

Prepared foodstuffs (IV)

31 661

6.7

+19.7

38 540

5.8

-2.4

-6 879

 

preparations of meat, or fish (16)

3 758

0.8

+24.9

2 543

0.4

+24.6

+1 215

 

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

1 441

0.3

-7.2

5 237

0.8

-5.5

-3 796

 

beverages, spirits and vinegar (22)

15 558

3.3

+23.5

9 388

1.4

-13.9

+6 170

 

tobacco and manufactured tobacco substitutes (24)

1 370

0.3

-5.5

3 246

0.5

+21.3

-1 876

Mineral products (V) 1)

48 784

10.3

+2.1 times

119 749

18.1

+61.6

-70 965

 

 

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

44 851

9.5

+2.3 times

116 767

17.7

+62.2

-71 916

Products of the chemical and allied industries (VI)

38 862

8.2

+46.0

61 930

9.4

+6.8

-23 068

 

pharmaceutical products (30)

20 482

4.3

+44.0

31 465

4.8

+11.2

-10 983

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

15 826

3.4

+7.8

36 519

5.5

+13.3

-20 693

 

plastics and articles thereof (39)

12 259

2.6

+4.0

24 762

3.8

-0.8

-12 503

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

80 313

17.0

-3.2

9 098

1.4

+3.4

+71 215

 

wood and articles of wood; wood charcoal (44)

80 250

17.0

-3.2

9 019

1.4

+4.3

+71 231

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

10 450

2.2

+32.5

15 681

2.4

+7.3

-5 231

 

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

6 233

1.3

+27.8

14 467

2.2

+12.4

-8 234

 

products of the printing industry; manuscripts (49)

3 461

0.7

+28.9

1 141

0.2

-31.6

+2 320

Textiles and textile articles (XI)

18 419

3.9

-0.4

19 694

3.0

-25.2

-1 275

 

knitted or crocheted fabrics (60)

 942

0.2

-23.4

1 647

0.2

-12.1

-705

 

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

6 283

1.3

+1.1

4 497

0.7

-45.9

+1 786

 

 

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

6 426

1.4

+16.0

5 013

0.8

-1.3

+1 413

Base metals and articles of base metals (XV)

76 988

16.3

+29.8

75 395

11.4

+49.0

+1 593

 

iron and steel (72)

45 559

9.7

+19.8

44 339

6.7

+74.1

+1 220

 

articles of iron or  steel (73)

15 921

3.4

+44.9

18 673

2.8

+36.5

-2 752

Machinery and mechanical appliances; electrical equipment (XVI)

54 908

11.6

+9.1

152 945

23.2

+73.0

-98 037

 

machinery and mechanical appliances (84)

24 389

5.2

-0.6

103 525

15.7

+2.3 times

-79 136

 

electrical machinery and equipment (85)

30 518

6.5

+18.4

49 419

7.5

+15.6

-18 901

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

31 552

6.7

+22.3

50 216

7.6

+27.3

-18 664

 

 

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

26 598

5.6

+26.4

45 893

7.0

+27.8

-19 295

Miscellaneous manufactured articles (XX)

12 807

2.7

+4.5

11 942

1.8

-4.3

+865

 

 

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

9 842

2.1

-1.9

6 886

1.0

-10.4

+2 956

Other goods

19 152

4.1

+15.8

29 579

4.5

+17.6

-10 427

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

In July 2011 the most significant share in Latvia’s export had export to the countries of the European Union (74.5%), followed by export to the CIS countries – 14.1%. The main export partners were Lithuania (18.0% of total export), Estonia (14.1%), Russia (9.7%), Germany (8.1%) and Poland (6.9%).

In July 2011 the most significant share in Latvia’s import had import from the countries of the European Union (76.5%), followed by import from the CIS countries – 14.1%. The main import partners were Lithuania (18.1% of total import), Germany (11.4%), France (9.4%), Poland (7.4%) and Russia (7.3%).

More information on Latvia’s foreign trade by month and quarter, by country group and commodity group is available in the CSB data base section Foreign trade monthly/quarterly data.

 

Prepared by Foreign Trade Statistics Methodology, Analysis and Dissemination Section
Lilita Laganovska
tel. 67366604