 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
| Updates | |||||
| The Baltic States | |||||
|
|||||
|
According to Tallinn Airport statistics, airfreight export tonnage in 2005 was 2,400 tonnes, forming 10% of all airfreight volumes. In the previous year the share was 30%. Last year’s imbalance was due to import charters, mainly on transit to Russia. Export volumes increased by 4.3% in 2005.
Estonia’s major export commodities are all kinds of electronic products and high-tech devices bound for North America and Asia.
|
|||||
| Estonia has the most rapid economic growth of the three Baltic States and its growth rate is higher than other EU members. According to EU statistics, its real GDP growth rate was 9.6% in 2005. Estonia’s ambitious National Reform Programme plans to raise R&D spending to 1.9% of GDP by 2010. |
|
||||
 |
|||||
|
Riga International Airport is the only airport in Latvia through which air cargo traffic flows. Airport statistics showed a 82% increase in air cargo traffic in 2005 with most of the cargo traffic being chartered freight from Asia bound for other parts of Russia. |
Cargo Centre in Latvia. |
||||
|
The main export commodities from Latvia are wood and articles of wood (which form 24% of all exports), iron and steel, furniture and bedding. The main commodities for airfreight include textiles, electrical products, metal parts, ship spares and pharmaceuticals. Latvia has a population of 2.3million people. GDP growth in 2005 was 10.2%. Its main export trading partners are Europe (Germany, Estonia, UK and Lithuania), Asia (Japan, Kazakhstan, China and Uzbekistan) and America (US, Canada and Peru). Latvia’s main import trade partners are Europe (Germany, Lithuania, Estonia and Russia), Asia (China, Turkey and Republic of Korea) and America (US, Canada and Brazil). Our GSA in Latvia is Air Baltics. |
|||||
 |
|||||
|
The most populous of the three Baltic States with 3.4 million people, Lithunia’s recent economic performance has been strong. Growth was underpinned by both investment and private consumption. Real GDP grew 7% in 2005. Lithunia was an important energy centre during the Soviet era and this is still true today. Large oil refining operations contribute significantly to GDP. Of the three Baltic States, Lithuania has the highest share of trade with Russia. The main export commodities from Lithuania are textiles, electronic products, enzymes, valuable goods, wood, wood articles, furniture and bedding. Lithuania’s main export partners are Germany, Russia, Latvia, UK and France. Import partners are Russia, Germany, Poland and Latvia. |
|||||
|
SIA Cargo’s appointed GSA in Lithuania is Litcargus GHC, the biggest Ground Handling/GSA company in Vilnius International Airport. It is the market leader, handling 60-70% of export/import airfreight turnover. |
 External view of the cargo terminal |
||||
|
SIA CARGO
office OVERSEEING OPERATIONS IN THE BALTIC STATES |
|||||
The Baltic States
- Estonia, Latvia and Lithuania - have undergone major economic and social restructuring since gaining independence from the Soviet Union in 1991. They joined the European Union (EU) in 2004 and with it their trading focus has shifted more towards the west. Although they have the lowest per capita incomes in the EU, they are making progress with high growth rates.They may not be SIA Cargo’s online stations, but we nonetheless have a good presence in all three states, represented by our GSAs. On this page, we feature the three Baltic States.