Trade Resources Economy Latvia's Trade Review in October of 2015

Latvia's Trade Review in October of 2015

From January to October in 2015, Latvia’s imports & exports volume was USD 22.04 billion, down 18.3% by year according to Eurostat. The exports volume was USD 10.04 billion, down 17.7% and imports volume was USD 12 billion, down 18.8%. The trade deficit was USD 1.96 billion, down 23.8%.

In October, Latvia’s imports & exports value was USD 2.44 billion, down 19.2% by year. Exports value was USD1.17 billion, down 18.4% and imports value was USD 1.27 billion, down 19.9%.The trade deficit was USD 100 million, down 35.2%.

From January to October, imports & exports value between Latvia and China was USD 490 million, down 4.4%. Latvia’s exports value was USD 100 million, down 12.9%. It accounted for 1.0% of Latvia’s total exports, up 0.1%. Latvia’s imports from China reached USD 390 million, down 1.9%. It accounted for 3.2% of total imports, up 0.6%.

Latvia’s trade deficit with China was USD 290 million from January to October, up 2.7%.China was the fifth largest deficit source for Latvia.

Up to October, China has become the 21st largest market for Latvia’s exports and the tenth largest import source of Latvia.

Source: www.made-in-China.com
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