bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Friday 18.08.2017 | Name days: Liene, Helēna, Elena, Ellena, Liena
LatviaLatvia

Latvia’s exports of cereals on a rise

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUIn September 2014, compared to previous month, exports value of goods at current prices grew by 12.7%, but imports value of goods – by 15.2%. In September Latvia exported goods in amount of 914.0 million EUR, but imported – in amount of 1,138.2 million EUR. Foreign trade balance slightly worsened as exports in total foreign trade value declined to 44.5% (in August 2014 – 45.1%).

In September export of vegetable products, compared to August, under the influence of seasonality increased by 37.7 million EUR or 2.4 times. Export of vegetable products was mostly impacted by rise of export of wheat and meslin, and brans – by 32.9 million EUR or 10.7 times. In September it was mostly exported to Iran – 13.5 million EUR, Spain – 8.0 million EUR, Turkey – 6.5 million EUR and Denmark – 2.7 million EUR.

Main changes in exports in September, compared to August: exports of prepared foodstuffs rose by 18.3 million EUR or 22.4%; exports of products of the chemical and allied industries grew by 11.2 million EUR or 19.9%; exports of mineral products increased by 10.4 million EUR or 13.9%; exports of basic metals and articles of basic metals reduced by 3.1 million EUR or 3.9%.

Main changes in imports in September, compared to August include: imports of vehicles and associated transport equipment increased by 26.9 million EUR or 54.4%; imports of machinery and mechanical appliances; electrical equipment grew by 25.3 million EUR or 12.8%; imports of mineral products rose by 18.7 million EUR or 12.6%; imports of products of the chemical and allied industries grew by 14.2 million EUR or 15.4%; imports of textiles and textile articles increased by 10.7 million EUR or 20.8%.

In September main export partners were Lithuania (19.4% of total export), Estonia (11.8%), Germany (6.5%) and Poland (5.2%), but main import partners were Lithuania (18.5% of total import), Germany (10.8%), Poland (10.6%) and Finland (7.3%).

Main partner in trade with third countries was Russia, the share of which in total exports of Latvia in September comprised 12.4%, but in imports – 7.5%.

Rise of exports of alcoholic and non-alcoholic beverages in September 2014, as compared to September 2013, was affected by the increase in exports of spirits by 11.8 million EUR or 32.6%. In turn, exports of iron and steel dropped as exports of waste and scrap of cast iron decreased by 12.7 million EUR or 66.9%. Rise of imports of iron and steel in September 2014, as compared to September 2013, was mostly affected by the increase in imports of flat rolled products of iron and non-alloy steel of 4.7 million EUR or 27.9%. In its turn, reduction of imports of mineral fuels, mineral oils and products of their distillation was influenced by decrease of imports of diesel oil by 15.5 million EUR or 13.6%.

Ref: 102.109.109.5782


Leave a reply

New mandatory tests in schools to be introduced four years from now

In four years’ time – 2021/2022 school year – it is planned to introduce completely new mandatory tests in schools, as reported by State Education Content Centre Director Guntars Catlaks.

Nearly 9,000 children and their parents got homes thanks to state support programme

In the first half-year of 2017, state support helped 1,527 families in Latvia to buy homes. Compared with last year, families’ demand for state support has grown 6%, as reported by Altum finance institute.

Prediction: Aseradens will likely take control over Unity

Economy Minister Arvils Aseradens will become the head of Unity, Betsafe bookmakers predict. The possibility of Aseradens becoming the head of the party is given 45% probability by Betsafe.

Provisional estimate for next year’s fiscal space in Latvia is EUR 60 million

Next year’s fiscal space has been estimated at EUR 60 million, as noted by Finance Minister Dana Reizniece-Ozola, adding that a more precise estimate will be available at the end of August.

Reconstruction of Vilnius airport runway concludes; aircraft return to Vilnius

On Thursday, 17 August, Vilnius airport’s runway was festively opened. This was the most massive reconstruction for the airport in the past 20 years. It was a unique project for Lithuania and all of Europe, airport representatives say.

Islamic State terrorist group takes responsibility for Barcelona attack

The recent terrorist attack in Barcelona, in which a shuttle bus rammed a crowd of people on La Rambla, killing 13 and injuring at least 100, has become this week’s topic.

Weather in Latvia to be warm but rainy on weekends

The sun will appear every now and then between clouds on Friday, 18 August. Still, some rain is expected, especially in the afternoon in Latvia’s eastern regions, where thunderstorms may appear. Rain is expected to reach the capital in the afternoon. Wind will draw in from the south. Air temperature will reach +21° C… +26° C, according to State Environment, Geology and Meteorology Centre.

Latvia’s export growth was moderately rapid in the first six months of 2017

Compared with the same period of 2016, Latvia experienced a moderately rapid export growth in the first six months of 2017, according to data published by Eurostat on Thursday, 17 August.

Latvia’s annual inflation in July was one of the highest in Europe

Inflation indexes in Latvia and the UK both reached 2.6% in July, which is one of the highest indexes in the European Union, according to data published by Eurostat on Thursday, 17 August.

Kirsis withdraws his candidacy in favour of Aseradens

Riga City Council member Vilnis Kirsis has decided to withdraw his candidacy from the race to become chairman of Unity in favour of a different candidate – Economy Minister Arvils Aseradens.

Rinkevics expresses Latvia’s interest in maintaining political consultations with Palestine

On Thursday, 17 August, Latvia’s Foreign Affairs Minister Edgars Rinkevics met with the leader of Palestine’s diplomatic mission in Latvia, ambassador Taissir Al Adjouri, to discuss mutual relations between Latvia and Palestine and the peace process in the Middle East.

Putin grins to the world’s seven billionth baby, Lithuania wary of border incidents

Russian President Vladimir Putin paid a visit this Wednesday to Kaliningrad, the westernmost point of Russia, but the reports about his trip in the Russian enclave and over the border in Lithuania were strikingly different.

Survey: red considered the safest colour for a car

Most Latvian drivers consider red to be the safest colour for a car. The most popular, however, is black, according to results of a survey by Virši-A fuel trader.

airBaltic’s number of carried passengers reaches a record in second consecutive month

Latvian airBaltic airline carried 393,312 passengers in July 2017, which is 21% more than the same period last year. The number of passengers carried by airBaltic remains the highest it has ever been in the airline’s history, BNN was informed by the company.

Brivais vilnis: nearly all fish processing companies are experiencing losses

Currently nearly all fish processing companies in Latvia are experiencing major or minor losses, says Brivais vilnis chairman Arnols Babris.

American helicopters to perform low-altitude flights within Latvia’s airspace

U.S. Air Force Brigade’s Task Force Phoenix helicopters, which are stationed in Latvia as part of Atlantic Resolve operation, will be performing low-altitude flights from 16:00 to 18:00 from Lielvarde to Dobele on Friday, 18 August.

Healthcare Ministry’s state secretary Karlis Ketners may be replaced

Latvian Healthcare Ministry may replace its state secretary Karlis Ketners. It is possible he will be transferred to work at Finance Ministry, as reported by LTV.

Suspects in Europe's insecticide egg scandal before Dutch court

In the Netherlands, two men have been in court in relation to the scandal of eggs containing banned insecticide that has caused an EU-wide health scare and cost millions of euros of damages.

Indian national with fake documents apprehended on Latvian border

An Indian citizen travelling from Moscow on a bus was caught at Terehovo border control point in Latvia for presenting officers a fake EU family member’s resident card. No criminal process was launched. The person returned to the country he was travelling from.

Latvijas dzelzceļš will not have to pay dividends from last year’s profits

The government decided on Wednesday, 16 August, that Latvijas dzelzceļš will not have to pay dividends from last year’s profits, which were EUR 880,998.

Latvian citizenship provided to 103 people

The Cabinet of Ministers has issued an order to provide Latvian citizenship to 103 people through naturalization.

Estonian Inbank's profits reach EUR 5.7 million in six months

Estonian financial services' provided Inbank made a profit of 5.7 million euros in the first half of 2017, which is a 429.4% increase compared to the respective period in 2016.

Agriculture Ministry invites residents to sign up for measures to support fisheries

From 21 August onward, Rural Support Service plans to start accepting applications for projects to receive support from European Maritime and Fisheries Fund’s action plan for development of fisheries in 2014-2020 as part of projects Innovation, Productive Investments in Aquaculture and Fishing and Aquaculture project processing.

Estonia seeks to improve reputation of state as employer

As the Estonian Ministry of Finance wishes to boost the reputation and brand of the Baltic country's public sector, it has announced a procurement tender aimed at preparing an action plan for reaching these goals.

Warning: there may be short-term problems with Swedbank internet banking functionality

Because of Swedbank’s planned IT modernization work scheduled for the night to Thursday, 17 August, there may be short term problems with payment card and internet banking functionality, the bank warns.