Home / Knowledge / News / Apparel/Garments / Foreign trade of Latvia in Sept 2008
Foreign trade of Latvia in Sept 2008
14
Nov '08
Total foreign trade turnover at current prices in September 2008 reached 1110.5 mln lats – 158.5 mln lats or 16.7% more than a month before and 124.9 mln lats or 12.7% less than in September of previous year, according to Central Statistical Bureau data.

Compared to August especially rapid growth in September 2008 witnessed imports and that, taking into account the fact that, approximately half of the export in the country is formed by the business deals made by the enterprises performing their activities in the trade sector, probably has influenced also the rise of the total export deal value.

Main commodities in Latvia's exports in September 2008, at current prices
Compared to previous month in September 2008, if calculating at current prices, most rapid rise witnesses the exports of wheat and meslin – 3.7 times (to Denmark, Sweden, Portugal, Netherlands and to Faeroe Islands). Noticeable increase was observed also in the exports of prepared or preserved fish, crustaceans, molluscs – by 65.2%, of chocolate and other food preparations containing cocoa – by 60.0%, of vodka – by 37.9%. Among the products of chemical and allied industries most significant growth was recorded in the exports of perfumery and cosmetics. By 84.4%, of pharmaceutical products – by 41.1%. Notable increase witnessed also exports of glass fibres - by 52.6%, of agglomerated and non-agglomerated peat – by 36.5%, of electrical appliances and equipment – by 26.7%, of non-ferrous metals and articles thereof – by 14.0%, of articles of apparel and accessories knitted or crocheted – by 12.8%. Exports of wood in the rough decreased by 24.7%, as well as did exports of veneer sheets and plywood – by 12.2%, of iron and non-alloy steel – by 2.8%.

Compared to September 2007 the highest growth in September of this year witnessed export of iron and non-alloy steel - 2.4 times (especially to Peru, Denmark and Belorussia), and of articles of iron or steel – by 59.2%. Amongst the agricultural and food goods most notable increase was observed in the export of wheat and meslin – by 90.6%, of products of prepared fish, crustaceans, molluscs and preserves – by 75.9% and of vodka – by 55.2%. Also exports of chemical and allied industries grew significantly: of perfumery and cosmetics – by 67.2%, of organic chemical compounds – by 45.3%, of tanning or dyeing extracts, paints and varnishes – by 40.7%. Remarkable increase witnessed also exports of agglomerated and non-agglomerated peat – by 43.9%, of electrical appliances and equipment – by 39.1%, of printed books, newspapers, other products of the printing industry – by 34.5%, of articles of plaster – by 14.9%. But exports of wood in rough and sawn wood decreased by 47.4% and 45.0%, respectively.

Main commodities in Latvia's imports in September 2008, at current prices
Compared to previous month in September 2008, if calculating at current prices, imports grew in all main commodity groups. Most significant growth was recorded in the exports of new rubber pneumatic tyres for passenger vehicles and trucks, busses – 2 times (from Czech Republic and Italy), of trucks – 64.6%, of natural gas – by 53.0%, of articles of apparel, not knitted or crocheted – by 505.5%, of passenger cars – by 40.6%, of perfumery and cosmetics – by 28.0%, of cigarettes – by 24.7%, of electrical machinery and equipment – by 20.3%, of pharmaceutical products – by 16.5%.

Must ReadView All

Textiles | On 29th Apr 2017

Slight drop in Unifi 2017 Q3 sales

The net sales of Unifi Inc., one of the world's leading innovators in ...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Textiles | On 28th Apr 2017

India lifts CVD imposed on Nepali Jute goods

The countervailing duty (CVD) that was imposed on Nepali jute...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X