Foreign trade of Latvia in March 2010

10.05.2010

In March 2010 the total foreign trade turnover at current prices reached 794.7 mln lats – more by 15.1% or 104.5 mln lats than a month before and more by 11.0% or 78.7 mln lats than in March 2009, according to provisional data of Central Statistical Bureau.

In January – March 2010 foreign trade turnover value reached 2094.1 mln lats – more by 3.4% or 69.3 mln lats than in the same period of last year. Of which exports value comprised 935.2 mln lats – more by 14.1% or 115.9 mln lats, but imports value comprised 1158.9 mln lats – less by 3.9% or 46.6 mln lats than a year ago.

Latvia’s foreign trade, mln lats1
 

________________
1) Data on March, April, May, October and December 2009 have been revised.


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

 

Exports

Imports

Foreign trade balance, thsd lats (+,-)

thsd lats

% of total

% (+, -) over March 2009

thsd lats

% of total

% (+, -) over March 2009

Total

354 937

100

+19.7

439 806

100

+4.8

-84 869

Agricultural and food products (I-IV)

58 964

16.6

+10.8

75 419

17.1

+7.2

-16 455

Live animals and animal products (I)

14 267

4.0

+14.5

14 713

3.3

-5.4

-446

 

meat and offal (02)

1 657

0.5

+33.5

4 662

1.1

-16.8

-3 005

 

Fish (fresh, frozen, smoked) (03)

4 370

1.2

-11.0

4 828

1.1

-4.5

-458

 

dairy produce (04)

6 740

1.9

+31.7

4 497

1.0

+6.7

+2 243

Vegetation products (II)

12 390

3.5

-24.9

18 382

4.2

-8.6

-5 992

 

cereals (10)

4 787

1.3

-55.1

1 646

0.4

-37.1

+3 141

Prepared foodstuffs (IV)

31 444

8.9

+33.3

38 358

8.7

+20.5

-6 914

 

preparations of meat, or fish (16)

4 108

1.2

+0.3

2 043

0.5

-2.7

+2 065

 

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

1 234

0.3

+3.3

5 102

1.2

+20.3

-3 868

 

beverages, spirits and vinegar (22)

16 727

4.7

+2 times

8 536

1.9

+22.4

+8 191

Mineral products (V) 1)

22 619

6.4

+64.9

76 419

17.4

-0.4

-53 800

 

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

21 856

6.2

+66.5

74 878

17.0

+0.7

-53 022

Products of the chemical and allied industries (VI)

29 243

8.2

+20.2

62 388

14.2

+19.1

-33 145

 

pharmaceutical products (30)

17 804

5.0

+32.8

29 380

6.7

+36.3

-11 576

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

11 059

3.1

+45.3

23 706

5.4

+30.8

-12 647

 

plastics and articles thereof (39)

9 121

2.6

+50.8

19 014

4.3

+31.8

-9 893

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

70 388

19.8

+49.3

8 510

1.9

+45.8

+61 878

 

wood and articles of wood; wood charcoal (44)

70 327

19.8

+49.4

8 292

1.9

+46.2

+62 035

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

8 294

2.3

+61.1

13 162

3.0

+25.9

-4 868

 

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

4 362

1.2

+33.0

11 694

2.7

+34.3

-7 332

 

products of the printing industry; manuscripts (49)

3 508

1.0

+2 times

1 441

0.3

-16.8

+2 067

Textiles and textile articles (XI)

16 406

4.6

+0.8

20 866

4.7

-3.1

-4 460

 

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

4 316

1.2

-16.5

4 497

1.0

-20.0

-181

 

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

5 812

1.6

-9.4

6 380

1.5

-8.0

-568

Base metals and articles of base metals (XV)

45 899

12.9

+10.4

38 628

8.8

+21.9

+7 271

 

iron and steel (72)

24 650

6.9

-0.1

20 226

4.6

+47.1

+4 424

 

articles of iron or steel (73)

9 981

2.8

-4.5

8 664

2.0

-8.5

+1 317

 

cooper and articles thereof (74)

5 332

1.5

+96.1

2 179

0.5

+43.2

+3 153

Machinery and mechanical appliances; electrical equipment (XVI)

42 485

12.0

+4.3

61 831

14.1

-2.6

-19 346

 

machinery and mechanical appliances (84)

19 748

5.6

-14.9

25 158

5.7

-24.8

-5 410

 

electrical machinery and equipment (85)

22 737

6.4

+29.6

36 674

8.3

+22.1

-13 937

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

26 817

7.6

+9.8

24 792

5.6

-28.3

+2 025

 

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

21 648

6.1

+17.8

23 658

5.4

-8.5

-2 010

Miscellaneous manufactured articles (XX)

9 291

2.6

-4.4

12 348

2.8

+12.8

-3 057

 

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

7 487

2.1

-4.2

7 776

1.8

+12.6

-289

Other goods

13 472

3.8

+7.2

21 737

4.9

-7.1

-8 265


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

In March 2010 the most significant share in Latvia’s export had export to the countries of European Union (70.5%), followed by the export to CIS countries – 15.0%. Main export partners were Lithuania (14.9% of total export), Estonia (13.9%), Russia (10.7%), Germany (7.9%) and Sweden (7.5%).

In March 2010 the most significant share in Latvia’s import had import from the countries of European Union (75.0%), followed by the import from CIS countries – 16.9%. Main import partners were Lithuania (14.6% of total import), Russia (11.9%), Germany (11.3%), Poland (8.2%) and Estonia (8.0%).

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