In June Latvian foreign trade turnover amounted to EUR 2.15 billion, which at current prices was 19.2% more than in June 2016, of which the exports and imports values of goods were 12.2% and 25.1% higher, respectively. In June, Latvia exported goods in the amount of EUR 920.3 million, and imported goods in the amount…
Unemployment in Latvia was 7.2% at the beginning of July and 7.1% at the end. This is the lowest unemployment index in the country since 2009, according to data from the State Employment Agency. Compared with June, the country’s unemployment level has declined by 0.1% over the course of a single month. There were 66,708…
Cargo traffic at the Port of Liepaja in January-July grew by 21.5% YoY, to 3.6 million tons, the Port Authority statistics show. Shipments of coal surged 3.7-fold, to 829,100 tons, handling of wooden pellets increased 2.5-fold, to 157,100 tons, of building materials – by 14.8%, to 341,100 tons, of oil products – by 42%, to…
Latvian milk processing companies have successfully recovered from Russia’s embargo, and have found other export markets, says Central Union of Latvian Dairy Farmers chairman Janis Solks. “Even now many media outlets, including foreign ones associated with the former USSR system, are trying to provoke us by saying that we are still having problems because of…
Latvia’s railway system is inefficient and needs to be changed so that it is possible to compete with other countries, because the tariffs Latvia has now are too high, said Baltic Association – Transport and Logistics President Inga Antane. Antane mentions experience of her colleagues: “Our colleagues in Germany made a very important political decision…
Latvia’s retail trade volume this June, as compared with the same month of 2016, grew by 3.2%, which is slightly more than the average in the European Union, according to data from Eurostat. The most rapid retail trade growth in June was registered in Slovenia (+10.2%), followed by Croatia (+8.2%) and Slovakia (+8.1%). Estonia’s retail…
Opposition members of Riga City Council have decided to give Riga City Council Transport Department two weeks to improve the level of safety for traffic participants while repairs are being performed on the streets of the capital. If the transport department does not comply, the New Conservative Party reserves the right to request the dismissal…