Foreign trade of Latvia in October 2009

10.12.2009

In October 2009 the total foreign trade turnover at current prices reached 751.4 mln lats – more by 4.4% or 31.7 mln lats than a month before and less by 30.5% or 329.0 mln lats than in October last year, according to provisional data of Central Statistical Bureau.

In January – October 2009 foreign trade turnover value reached 6712.3 mln lats – less by 34.6% or 3558.4 mln lats than in the same period of last year. Of which exports value comprised 2898.7 mln lats – less by 23.8% or 904.3 mln lats, but imports value comprised 3813.6 mln lats – less by 41.0% or 2654.1 mln lats than a year ago.

Latvia’s foreign trade, mln lats1

1) Data on April, May and July 2009 have been revised.

 

Main commodities in Latvia’s foreign trade in October 2009, at current prices


Exports

Imports

Foreign trade balance, thsd lats (+,-)

thsd lats

% of total

% (+, -)over October 2008

thsd lats

% of total

% (+, -)over October 2008

Total

355 047

100

-12.7

396 384

100

-41.2

-41 337

Agricultural and food products (I-IV)

76 640

21.6

-19.1

73 956

18.7

-25.5

+2 684

Live animals and animal products (I)

15 875

4.5

+10.8

12 338

3.1

-33.6

+3 537

Fish (fresh, frozen, smoked) (03)

3 944

1.1

+5.9

2 518

0.6

-51.3

+1 426

dairy produce (04)

7 663

2.2

+6.0

3 491

0.9

-30.5

+4 172

Vegetation products (II)

33 184

9.3

-21.7

19 243

4.9

-28.6

+13 941

cereals (10)

22 608

6.4

-29.9

6 605

1.7

+12.4

+16 003

Prepared foodstuffs (IV)

27 068

7.6

-27.8

37 972

9.6

-19.7

-10 904

preparations of meat, or fish (16)

3 966

1.1

-44.7

1 600

0.4

-38.0

+2 366

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

1 141

0.3

-19.9

5 340

1.3

-15.7

-4 199

beverages, spirits and vinegar (22)

11 396

3.2

-28.7

8 063

2.0

-33.2

+3 333

tobacco and manufactured tobacco substitutes (24)

1 941

0.5

-39.7

2 437

0.6

-38.1

-496

Mineral products (V) 1)

21 038

5.9

+ 30.1

67 169

16.9

-41.0

-46 131

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

20 061

5.7

+ 42.2

65 183

16.4

-40.4

-45 122

Products of the chemical and allied industries (VI)

27 049

7.6

-30.4

42 448

10.7

-37.6

-15 399

pharmaceutical products (30)

12 791

3.6

-9.4

21 127

5.3

-22.8

-8 336

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

10 573

3.0

-13.5

22 993

5.8

-29.6

-12 420

plastics and articles thereof (39)

7 843

2.2

-8.3

17 563

4.4

-27.1

-9 720

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

59 250

16.7

+3.1

6 257

1.6

-34.9

+52 993

wood and articles of wood; wood charcoal (44)

59 180

16.7

+3.1

6 100

1.5

-35.5

+53 080

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

6 369

1.8

-6.6

13 106

3.3

-19.4

-6 737

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

3 882

1.1

-19.2

10 283

2.6

-22.9

-6 401

Textiles and textile articles (XI)

14 658

4.1

-40.1

18 266

4.6

-35.6

-3 608

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

3 403

1.0

-53.1

4 240

1.1

-34.2

-837

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

5 192

1.5

-39.4

4 755

1.2

-44.9

+437

Base metals and articles of base metals (XV)

48 773

13.7

+5.9

34 652

8.7

-47.6

+14 121

iron and steel (72)

30 313

8.5

+30.6

17 460

4.4

-48.9

+12 853

articles of iron or steel (73)

9 105

2.6

-39.3

8 517

2.1

-57.3

+588

Machinery and mechanical appliances; electrical equipment (XVI)

48 711

13.7

-6.5

64 607

16.3

-46.3

-15 896

machinery and mechanical appliances (84)

20 513

5.8

-13.7

27 770

7.0

-58.0

-7 257

electrical machinery and equipment (85)

28 198

7.9

-0.5

36 838

9.3

-32.0

-8 640

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

19 661

5.5

-27.3

22 188

5.6

-64.4

-2 527

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

18 214

5.1

-26.5

15 215

3.8

-73.3

+2 999

Miscellaneous manufactured articles (XX)

8 372

2.4

-37.5

9 340

2.4

-56.3

-968

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

6 643

1.9

-34.3

5 641

1.4

-57.5

+1 002

Other goods

13 953

3.9

-19.3

21 402

5.4

-39.9

-7 449


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

 

In October 2009 the most significant share (68.3%) in Latvia’s export had export to the countries of European Union, followed by the export to CIS* countries – 13.2%. Main export partners were Lithuania (15.3% of total export), Estonia (13.6%), Russia (9.0%), Germany (8.2%) and Sweden (5.6%).

In October 2009 the most significant share in Latvia’s import had import from the countries of European Union (76.0%), followed by the import from CIS* countries – 15.5%. Main import partners were Lithuania (18.6% of total import), Germany (11.4%), Russia (9.4%), Poland (8.4%) and Estonia (6.8%).

*Starting with September 2009 Georgia is not included in CIS countries group.

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 the Foreign Trade Statistics Section
Lilita Laganovska
Tel. 67366604