Foreign trade of Latvia in September 2006

14.11.2006

The value of exports in September 2006 decreased by 0.2% or 0.7 mln lats compared to the previous month but compared to September 2005 it increased by 10.7% or 27.5 mln lats reaching 283.6 mln lats.

The value of imports in September 2006 was by 2.6% or 14.6 mln lats higher than a month ago but compared to September 2005 it was by 31.0% or 134.4 mln lats higher and reached 567.5 mln lats.

The total foreign trade turnover in January-September 2006 was by 24.0% or 1324.1 mln lats higher than in the corresponding period of the previous year and its value reached 6831.7 mln lats.

Latvia’s foreign trade, in millions of lats

_______________
Data adjusted for June 2006.

Compared to January-September 2005, the highest increases in exports in January-September 2006 were 43.7% for the products of the chemical and allied industries, 36.1% for plastics and plastic products and 32.5% for base metals and articles of base metals. The decreases in exports, in turn, were 30.7% for mineral products, 11.0% for pulp of wood; paper and paperboard and 8.1% for optical instruments and apparatus, clocks and watches, musical instruments.

Compared to January-September 2005, the steepest increases in imports in January-September 2006 were 62.0% for transport vehicles, 54.7% for miscellaneous manufactured articles (including furniture), 36.5% for the articles of stone, plaster, cement, glassware and ceramic products and

34.9% for optical instruments and apparatus, clocks and watches, musical instruments.

Principal exports and imports of Latvia in January-September 2006

Exports

Imports

Main partners of Latvia’s foreign trade

Groups of countries,
countries

August 2006

September 2006

September 2006
as % (+,-) of

thsd lats

ratio, %

thsd lats

ratio, %

August 2006

September 2005

Exports total

284 328

100

283 622

100

-0,2

+11,0

EU – 25

208 138

73,2

211 442

74,6

+1,6

+7,1

EU – 15

121 841

42,9

123 271

43,5

+1,2

+3,4

Other countries:

CIS

42 204

14,8

44 807

15,8

+6,2

+20,0

other

33 986

12,0

27 373

9,6

-19,5

+27,7

Main export partners:

Lithuania

41 648

14,6

42 070

14,8

+1,0

+28,2

Germany

29 605

10,4

33 472

11,8

+1,5

+14,1

Estonia

32 966

11,6

32 557

11,5

+10,0

+2,0

Russia

24 741

8,7

29 188

10,3

+18,0

+15,2

Great Britain

23 863

8,4

22 725

8,0

-4,8

+14,6

Sweden

16 469

5,8

16 507

5,8

+0,2

+1,1

Denmark

12 599

4,4

15 371

5,4

+22,0

-6,7

Netherlands

6 638

2,3

8 686

3,1

+30,9

-6,2

Imports - total

552 895

100

567 539

100

+2,6

+27,6

EU – 25

430 128

77,8

442 920

78,0

+3,0

+27,3

EU – 15

244 297

44,2

254 999

44,9

+4,4

+29,6

Other countries:

CIS

78 923

14,3

72 806

12,8

-7,8

+33,0

other

43 844

7,9

51 813

9,2

+18,2

+22,1

Main import partners:

Germany

91 859

16,6

80 330

14,2

-12,6

+42,0

Lithuania

82 554

14,9

78 336

13,8

-5,1

+34,0

Estonia

47 843

8,7

44 978

7,9

-6,0

+48,6

Poland

38 109

6,9

41 643

7,3

+5,7

-7,0

Finland

30 198

5,5

36 811

6,5

-3,4

+57,1

Russia

39 381

7,1

35 026

6,2

+6,4

+31,0

Sweden

24 758

4,5

32 587

5,7

+7,9

+11,5

Belarus

32 927

6,0

28 349

5,0

+14,5

+4,4

Exports and imports by main commodity group

January-September 2006

September 2006

Total

EU - 25

Total

EU - 25

thsd lats

% of total

thsd lats

% of total of the group

thsd lats

% of total

thsd lats

% of total of the group

Exports – total

2 381 613

100

1 787 032

75,0

283 622

100

211 442

74,6

Agricultural and food products (I-IV)

306 049

12,9

206 456

67,5

38 383

13,5

27 054

70,5

prepared foodstuffs;

alcoholic and non-alcoholic beverages (IV)

172 083

7,2

95 103

55,3

20 678

7,3

11 382

55,0

Mineral products (V)

140 311

5,9

89 357

63,7

14 304

5,0

9 114

63,7

Products of the chemical and allied industries (VI)

159 841

6,7

104 938

65,7

18 264

6,4

11 274

61,7

Plastics and articles thereof (VII)

71 011

3,0

51 513

72,5

9 010

3,2

6 455

71,6

Wood and articles of wood (IX)

537 966

22,6

475 769

88,4

58 659

20,7

52 555

89,6

Pulp of wood; paper, paperboard (X)

39 197

1,6

29 124

74,3

5 543

2,0

4 179

75,4

Textiles and textile articles (XI)

200 036

8,4

147 444

73,7

26 937

9,5

19 671

73,0

Articles of stone, plaster, cement, glassware and ceramic products (XIII)

48 654

2,0

35 925

73,8

6 312

2,2

4 562

72,3

Base metals and articles of base metals (XV)

364 740

15,3

297 623

81,6

45 050

15,9

37 766

83,8

Machinery and mechanical appliances: electrical equipment (XVI)

220 966

9,3

132 084

59,8

28 531

10,1

14 698

51,5

Transport vehicles (XVII)

139 110

5,8

105 809

76,1

15 634

5,5

11 974

76,6

Optical instruments and apparatus, clocks and watches, musical instruments (XVIII)

21 137

0,9

8 741

41,4

1 920

0,7

1 009

52,6

Miscellaneous manufactured articles

including furniture (XX)

111 254

4,7

85 918

77,2

12 621

4,4

9 220

73,1

Other goods

21 343

0,9

16 332

76,5

2 455

0,9

1 908

77,7

Imports - total

4450052

100

3372079

75,8

567539

100

442920

78,0

Agricultural and food products (I-IV)

489 893

11,0

426 895

87,1

58 456

10,3

50 981

87,2

prepared foodstuffs; alcoholic and non-alcoholic beverages; tobacco (IV)

250 606

5,6

211 487

84,4

33 610

5,9

28 910

86,0

Mineral products (V)

631 210

14,2

251 788

39,9

77 482

13,6

34 254

44,2

Products of the chemical and allied industries (VI)

384 623

8,6

301 931

78,5

41 013

7,2

31 977

78,0

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

230 720

5,2

205 291

89,0

33 547

5,9

30 599

91,2

Wood and articles of wood (IX)

115 585

2,6

49 675

43,0

13 507

2,4

7 065

52,3

Pulp of wood; paper, cardboard (X)

117 511

2,7

99 757

84,9

15 321

2,7

13 409

87,5

Textiles and textile articles (XI)

212 991

4,8

180 369

84,7

27 696

4,9

23 308

84,2

Articles of stone, plaster, cement, glassware and ceramic products (XIII)

123 977

2,8

104 028

83,9

16 099

2,8

13 695

85,1

Base metals and articles of base metals (XV)

420 206

9,4

245 755

58,5

54 200

9,6

32 278

59,6

Machinery and mechanical appliances; electrical equipment (XVI)

847 210

19,0

734 020

86,6

116 287

20,5

102 874

88,5

Transport vehicles (XVII)

586 906

13,2

539 803

92,0

76 703

13,5

71 638

93,4

Optical instruments and apparatus (including medical); clocks and watches; musical instruments (XVIII)

75 762

1,7

60 359

79,7

8 845

1,6

7 464

84,4

Miscellaneous manufactured articles, including furniture (XX)

142 225

3,2

121 106

85,2

17 746

3,1

15 129

85,3

Other goods

71 231

1,6

51 303

72,0

10 638

1,9

8 249

77,5

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

Prepared by the Foreign Trade Statistics Section
Lilita Laganovska
Tel. 7366604