The overall price of products imported to Latvia from the Russian Federation and Belarus fell by 13.4%

On the identical time, within the first 4 months of this yr, Latvia exported items to Russia and Belarus totaling 389.388 million euros, which is 11.4% or 50.023 million euros lower than within the first 4 months of 2023.

Within the first 4 months of 2024, Latvia imported items from Russia value 187.441 million euros, which is 16.4% or 36.875 million euros lower than in the identical interval final yr, and from Belarus – by 59.912 million euros, which is 2.1 % or 1.303 million euros much less.

Within the first 4 months of this yr, Latvia exported items to Russia totaling 338.861 million euros, which is 10.6% or 40.314 million euros lower than within the first 4 months of final yr, and items value 50.527 million euros had been exported to Belarus, which much less by 16.1% or 9.709 million euros.

In April 2024, Latvia imported items from Russia value 37.97 million euros, which is 23.4% or 11.612 million euros lower than in April 2023.

In accordance with the CSB, the lower in imports from Russia was primarily attributable to a lower in imports of mineral merchandise by 50.3% or 10.2 million euros.

Imports from Belarus over the identical interval decreased by 4.1%, or by 538,700 euros, to 12.62 million euros. In accordance with the statistical workplace, the lower in imports from Belarus was primarily attributable to a fall in imports of non-ferrous metals and merchandise constituted of them by 76.8% or 300,000 euros.

On the identical time, in April 2024, exports to Russia decreased by 19.5% or by 16.95 million euros in comparison with April 2023 and amounted to 69.807 million euros, which was primarily attributable to a lower in exports of equipment and mechanical units by 82. 9% or 5.6 million euros.

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Exports to Belarus over the identical interval decreased by 27.4% or 4.137 million euros to 10.953 million euros, primarily attributable to a lower in exports of optical devices and tools by 70.8% or 1.5 million euros.

It has already been reported that in 2023, Latvia imported items from Russia totaling 606.618 million euros, which is thrice lower than a yr earlier, and from Belarus – by 173.4 million euros, which is 41.8% much less.

On the identical time, Latvia exported €1.124 billion value of products to Russia final yr, down 6.2% from 2022, whereas the worth of products exported to Belarus fell by 7.5% to €170.272 million.

In whole, final yr Latvia exported items value 18.943 billion euros, which is 11.2% or 2.39 billion euros lower than in 2022, and imported 23.196 billion euros, which is 12.5% ​​or 3.3 billion euros much less.

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2024-06-12 00:41:45

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