Latvia’s foreign trade turnover totalled EUR 17.93bn in the first five months of 2023, which was down EUR 718.4mn (3.9%) from the same period of 2022, according to provisional data from the Central Statistical Bureau, LSM reports. Exports totalled EUR 8.12bn, which was down EUR 281.2mn (3.3%) over a year. Imports totalled EUR 9.81bn, which…
The total area of agricultural land in Estonia has remained almost unchanged in 2023, according to Statistics Estonia’s preliminary data, The Baltic Times reports. Meanwhile, the area of arable land out of use for one year or more amounts to 28,200 hectares, which is 2.5 times more than in 2022. The area of land used…
Average consumer prices in Latvia rose by 7.9% in June 2023, compared to the same period of 2022, according to data from the Central Statistical Bureau, LSM reports. The annual change in prices was mainly influenced by the rise in the price of food and non-alcoholic beverages and of goods and services related to housing,…
Real estate and rental prices in Estonia have increased the most in the entire EU since 2010, according to Eurostat data, ERR reports. Real estate prices in Estonia have tripled and rental prices have increased by 212% between 2010 and the first quarter of 2023. Average real estate prices in the EU rose by almost…
Estonia’s exports of goods totalled EUR 1.6bn at current prices in May 2023, which was down 15% from the same period of 2022, according to data from Statistics Estonia, ERR reports. Exports of goods of Estonian origin fell by 21% and accounted for 65% (69%) of total exports. Overall imports totalled EUR 1.9bn, which was…
May and June 2023 were exceptionally dry in Latvia, LETA reports. Average daily rainfall in May 2023 amounted to 12.2 mm, which was just 24% of the monthly norm, according to data from the Latvian Environment, Geology and Meteorology Centre (LVGMC). May 2023 was thus the driest May ever since data began to be recorded…
The number of new passenger cars and commercial vehicles sold in Estonia totalled 14,076 in the first half of 2023, which was 6.5% more than in the same period of 2022, according to data from the Estonian Transport Administration (Transpordiamet), Postimees reports. The number of passenger cars sold amounted to 12,236 (up 10%) and commercial…
Accommodation establishments in Estonia received a total of 265,000 guests in May 2023, which was 7% more than in the same month of 2022, according to data from Statistics Estonia, ERR reports. The number of foreign guests totalled 141,000, which was 21% more than a year earlier. The number of tourists from Finland amounted to…
Estonia’s consumer price index (CPI) rose by 9.2% on year in June 2023, according to data from Statistics Estonia, ERR reports. The rise was mostly due to an increase in the price of food and non-alcoholic beverages, which accounted for almost 50% of the total increase of the CPI. The average price of goods was…