est eng lat
  19.11  Latvia's October inflation rate fourth highest in the EU, says Eurostat
  19.11  DNB releases 2015 growth forecasts for Baltic states
  18.11  Most Latvian firms 'unaffected by Russian embargo'
  17.11  Latvia's Q3 growth 'sixth highest in the EU'
  news archive >
News archive Test Contact
  Contact us


Foreign trade turnover value grows in Latvia


Send to a friendSend to a friend     Contact us
2011 saw an increased investment in Latvia from overseas, according to provisional data provided by the Central Statistical Bureau this week.

The data showed that foreign trade turnover value reached LVL 13,599 million (£16,320,481), which is equivalent to 28.2 per cent. This is around LVL 2,992 million (£3,590,770) more than was recorded in 2010.

There was also found to be an increase of 28.1 per cent in terms of export value while import value improved by around 28.3 per cent on 2010 figures.

In December 2011 the total foreign trade turnover at current prices comprised 4.7 per cent less than in the previous month but 6.3 per cent more than at the same point in 2010.

The amount of export decline was mostly affected by a decrease of 15.2 per cent in the export of base metals as well as an 11.5 per cent drop in the export of wood and articles of wood.

KMS Baltics is a partnership of independent companies providing forestry investment management in Estonia, Latvia, the UK and Romania.


Related news:


29.01 HD Fest-Forest newsletter December 2012
05.07 KMS Baltics IPD summary document
news archive >
Local News

12.07 Who are Estonia’s highest-earning lawyers?
12.07 Source: Air Baltic told to repay illegal state aid in 9 years
12.07 PM: without government aid Vilnius would be bankrupt by autumn
12.07 Pagari 1: two thirds of apartments already sold
11.07 Latvia's euro adoption paves way for Lithuania
news archive >