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

Pic: Under Armour

Apparel/Garments | On 22nd Mar 2019

FLA accepts Under Armour's social compliance programme

The Fair Labour Association (FLA), which promotes and protects...

Indian e-com, consumer internet firms raise $7 bn in PE-VC

Apparel/Garments | On 22nd Mar 2019

Indian e-com, consumer internet firms raise $7 bn in PE-VC

Indian e-commerce and consumer internet companies have raised over $7 ...

Pic: Crystal International

Apparel/Garments | On 22nd Mar 2019

Crystal Int joins Global Fashion Agenda for eco fashion

Crystal International has joined as one of the new associate partners ...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

Defining MSMEs on the basis of turnover makes it simpler to do business

Deepak Jain, Baggout

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Divyesh Mashruwala, Akshar Industries

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Tejas N Patel, Navin D Patel,

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Liz Manning,

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Urmil Arya,

Urmil Arya

Sushila International, a well established textile organisation established ...

Urs Stalder, Sanitized AG

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Paolo Ocleppo, Sandvik Hyperion

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Eamonn Tighe, Nature Works LLC

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Prathyusha Garimella, Prathyusha Garimella

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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

Leave your Comments


March 2019

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

news category


Related Categories:

Advanced Search