Baltic Export, Good for Business, Latvia, Markets and Companies
International Internet Magazine. Baltic States news & analytics
Tuesday, 03.12.2024, 18:18
Latvia raises exports of forestry products by 5.7% in 9 months
Timber and timber products made up the bulk or 84.6% of total forestry
product exports in the first nine months of 2017 (85.2% in the nine month
period in 2016), accounting for EUR 1.394 billion and rising 4.9% year-on-year.
Timber exports in January-September this year included EUR 445.067 million
worth of sawn timber, down 3.7% year-on-year. Firewood exports dropped 3.2% to
EUR 206.728 million, and plywood exports declined 10.8% to EUR 146.755 million.
Exports of woodchip plates increased 19.2% to EUR 138.74 million, and
round-timber exports fell 6% to EUR 97.748 million.
Furniture exports grew 2.4% year-on-year to EUR 110.873 million in the
first nine months of this year, and exports of paper, cardboard and their
products rose 13.3% year-on-year to EUR 87.98 million.
In January-September this year Latvia supplied its forestry products mainly
to the UK (17.1%), Estonia (10.7%) and Germany (10.2%). As compared to the
first nine months of 2016, forestry industry exports to the UK dropped 6.7% to
EUR 281.173 million, exports to Estonia increased 11.9% to EUR 176.134 million,
and exports to Germany rose 8.7% to EUR 168.185 million.
In the first nine months of 2016, Latvia exported EUR 1.559 billion worth
of forestry products.