Latvia Current Account

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1. Brunei Balance of Trade Brunei trade surplus decreased 41.5 percent year-on-year to BND 203.3 million in December of 2016 compared to a BND 347.7 million surplus a year earlier. Exports fell 23.7 percent, driven by lower sales of: mineral fuels (-27.7 percent), namely liquefied natural gas (-48.6 percent), and manufactured goods (-21.6 percent). Imports declined 4.5 percent due to lower purchases of: machinery and transport equipment (-11.5 percent); manufactured goods (-18.4 percent); miscellaneous manufactured articles (-7.2 percent); food (-3 percent) and crude materials inedible (-45.6 percent). Main export partners were Japan (30.6 percent of total exports); Malaysia (11.3 percent); China (11.1 percent). The highest...
   
   
2. Singapore Balance of Trade Singapore recorded a trade surplus of 3.29 SGD billion in January of 2017, compared to a 5.80 SGD billion surplus a year earlier. It was the smallest trade surplus since October 2014, as total exports increased by 11.1 percent (following a 9.2 percent rise in December) while total imports surge 21.0 percent (compared to a 13.2 percent growth in the preceding month). Total trade rose 15.6 percent, after a 11.0 percent increase in a month earlier. In December 2016, trade surplus came in at 6.12 SGD billion. Balance of Trade in Singapore averaged 735.28 Million SGD from 1964 until 2017,...
   
   
3. Norway Balance of Trade Norway recorded a trade surplus of 23.54 NOK billion in February of 2017, a surge of 80.8 percent from the same month a year earlier, as exports jumped while imports fell. Year-on-year, sales grew by 18.0 percent to 71.24 NOK billion, driven by ships and oil platforms (728.5 percent), natural gas condensates (633.8 percent), crude oil (51.9 percent) and natural gas (21.8 percent). Imports declined by 3.7 percent to 47.71 NOK billion, mainly due to a 12.1 percent fall in purchases of food and live animals, a 10.3 percent drop in purchases of beverages and tobacco and...
   
   
4. Peru Balance of Trade Peru trade balance shifted to USD 150 million surplus in January of 2017 from USD 507 million gap in the same period of the previous year. Sales jumped 25.9 percent to USD 3.1 billion, mainly driven by fisheries (483.3 percent), agriculture (31.1 percent), miseries (22.7 percent), oil and gas (97.9 percent), metallurgy and jewellery (40.9 percent). Imports fell 0.5 percent to USD 3 billion, led by industrial capital goods (-4.8 percent), transport equipment (-23.6 percent) and building materials (-41.4 percent). Balance of Trade in Peru averaged 75.02 USD Million from 1957 until 2017, reaching an all time...
   
   
5. Mongolia Balance of Trade Mongolia recorded a trade surplus of 183 USD Million in February of 2017. Balance of Trade in Mongolia averaged -20.28 USD Million from 1997 until 2017, reaching an all time high of 362.30 USD Million in December of 2016 and a record low of -369.70 USD Million in July of 2012.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=mongoliabt&v=201703160122t&h=300&w=600&ref=/mongolia/balance-of-trade’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/mongolia/balance-of-trade’>tradingeconomics.com</a> Calendar GMT Reference Actual Previous Consensus Forecast 2017-01-17 11:00...
   
   
6. Macau Balance of Trade Macau trade deficit increased to MOP 4.28 billion in February of 2017, compared to a MOP 4.08 billion gap in a year earlier. Exports rose by 27.24 percent to MOP 0.90 billion, driven by tobacco & wine (99.6 percent), diamond & diamond jewellry (93.6 percent), non-textiles (32.4 percent), electronic components (14.2 percent), and watches (8.5 percent). Imports increased by 9.1 percent to MOP 5.18 billion, mainly boosted by watches (50.5 percent), followed by gold jewellry (20.6 percent), handbags & wallets (18.5 percent), garment & footwear (6.3 percent), mobile phone (5.9 percent), and food & beverages (3.4 percent)....
   
   
7. Austria Current Account Austria current account surplus narrowed to EUR 586 million in the fourth quarter of 2016 from EUR 1158 million a year earlier. The goods deficit increased to EUR 1227 million from a EUR 407 million gap in the fourth quarter of 2015 and the secondary income deficit rose to EUR 973 million from 564 million. In contrast, the services surplus increased to EUR 2085 million from EUR 2027 million and the primary income surplus also increased to EUR 700 million from EUR 101 million. Considering 2016, the current account surplus shrank by EUR 485 million to EUR...
   
   
8. Euro Area Current Account Eurozone’s current account surplus widened sharply to EUR 47.0 billion from EUR 41.4 billion in the same month of the previous year. The primary income surplus increased firmly to EUR 18.2 billion from EUR 13.0 billion a year ago and the goods surplus rose to EUR 32.8 billion from EUR 31.4 billion, while the services surplus was nearly unchanged at EUR 6.4 billion. Meanwhile, the secondary income deficit rose to EUR 10.5 billion from EUR 9.3 billion in the same month a year earlier. Considering 2016 full year, the current account surplus widened to EUR 361.8 billion from EUR 316.7...
   
   
9. Malaysia Current Account Malaysia current account surplus rose to 12.2 MYR billion in the fourth quarter of 2016 from 10.6 MYR billion in the same quarter of 2015. It was the highest surplus since the second quarter 2014, mainly supported by a higher goods surplus (31.4 MYR billion from 31.1 MYR billion in the fourth quarter of the prior year). In addition, services account posted a 6 MYR billion deficit, narrowing from a 6.4 MYR billion gap in the same period 2015. The balance of primary income registered a 9 MYR billion deficit, compared to a 9.1 MYR billion gap in the fourth...
   
   
10. United States Current Account The US current account deficit decreased to USD 112.4 billion in the last three months of 2016 from an upwardly revised USD 116 billion gap in the previous period and better than market expectations of a USD 128 billion shortfall. It is the smallest gap since the second quarter of 2015, as the surplus widened for the primary income (by USD 19.9 billion to USD 61.5 billion) and the services account (by USD 1.4 billion to USD 63.8 billion). In contrast, the goods deficit widened by USD 17.5 billion to USD 196 billion due to a drop...
    
    
11. Sweden Current Account Swedish current account surplus jumped to SEK 64.3 billion in the fourth quarter of 2016 from SEK 50.8 billion in the previous year. A higher surplus in the trade in services (SEK 29.8 billion from SEK 25.4 billion) and crediting of EU VAT were the primary reasons for the net increase in the current account. In addition, the goods surplus widened to SEK 25.1 billion from SEK 24.6 billion; the secondary income gap narrowed to SEK 13.2 billion from SEK 22 billion and the primary income surplus was barely unchanged at SEK 22.6 billion (22.9 billion a year earlier). Considering...
    
    
12. Armenia Current Account Armenia recorded a current account deficit of $184 million in the fourth quarter of 2016, compared to a $93.8 million gap in the same period a year ago. The surplus in primary income narrowed to $132.1 million (from a $186.9 million surplus), mainly due to lower investment income and direct investments. In contrast, secondary income surplus widened to $175.5 million (from $171.8 million). Meanwhile, the deficit in goods and services account declined to $355.6 million (from $364.4 million gap). Current Account in Armenia averaged -128.95 USD Million from 1993 until 2016, reaching an all time high of...
    
    
13. Spain Current Account Spain’s current account registered a surplus of €409 million in January 2017, up from a deficit of €403 million in the same month a year earlier. The goods and services surplus narrowed slightly to €828 million (from €910 million a year ago), while the primary and secondary income deficit shrank to €419 million (from €1313 million). Current Account in Spain averaged -1223.02 EUR Million from 1969 until 2017, reaching an all time high of 4482 EUR Million in December of 2014 and a record low of -12368 EUR Million in January of 2008.  Export Data...
    
    
14. Brazil Current Account The current account deficit in Brazil widened to USD 5.1 billion in January of 2017 from a USD 4.8 billion gap a year earlier and compared to market expectations of a USD 5.35 billion deficit. The services shortfall increased (USD 2.4 billion from USD 1.38 billion); the deficit for primary income (USD 5.34 billion from USD 4.32 billion) also widened and the secondary income surplus fell (USD 0.17 billion from USD 0.24 billion). In contrast, the goods surplus increased to USD 2.5 billion from a USD 0.65 billion surplus a year earlier. Current Account in Brazil averaged -1683.38 USD Million...
    
    
15. Israel Current Account Israel’s current account surplus widened to $3.2 billion in the fourth quarter of 2016 from $2.9 billion a year ago. Trade surplus in services increased to $3.6 billion (from $3.4 billion surplus in Q4 2015) while the trade deficit in goods widened to $2.2 billion (from $1.6 billion gap in Q4 2015). Primary income deficit narrowed to $0.7 billion (from $1.1 billion in Q4 2015). Also, secondary income surplus rose to $2.6 billion ($2.1 billion in Q4 2015). Current Account in Israel averaged 285.90 USD Million from 1975 until 2016, reaching an all time high of 3707...
    
    
16. Bulgaria Current Account Bulgaria recorded a Current Account deficit of 494.10 EUR Million in December of 2016. Current Account in Bulgaria averaged -129.92 EUR Million from 1998 until 2016, reaching an all time high of 787.40 EUR Million in August of 2013 and a record low of -1166.80 EUR Million in December of 2007.  Export Data  API Access Please Paste this Code in your Website source: tradingeconomics.com Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides...
    
    
17. South Korea Current Account South Korea’s current account suplus widened to USD 8.40 billion in February of 2017 from USD 7.62 billion in the same month of last year. The goods account surplus widened to USD 10.55 billion, compared to USD 7.93 billion in February of last year. Meanwhile, the services account deficit widened to USD 2.23 billion (from a USD 1.16 gap in February of 2016), explained by larger deficits in the travel and transport accounts. Current Account in South Korea averaged 1369.69 USD Million from 1980 until 2017, reaching an all time high of 12086.30 USD Million in June...
    
    
18. Italy Current Account Italy recorded a Current Account surplus of 5535 EUR Million in December of 2016. Current Account in Italy averaged -113.08 EUR Million from 1942 until 2016, reaching an all time high of 19332.70 EUR Million in July of 1981 and a record low of -10633.40 EUR Million in August of 1981.  Export Data  API Access Please Paste this Code in your Website source: tradingeconomics.com Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides...
    
    
19. Slovakia Current Account Slovakia recorded a Current Account deficit of 426.40 EUR Million in December of 2016. Current Account in Slovakia averaged -169.52 EUR Million from 1997 until 2016, reaching an all time high of 442.80 EUR Million in February of 2015 and a record low of -1470 EUR Million in December of 2005.  Export Data  API Access Please Paste this Code in your Website source: tradingeconomics.com Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides...
    
    
20. Argentina Current Account Argentina’s current account deficit narrowed in the fourth quarter of 2016 to USD 4.40 billion, from USD 4.93 billion in the same quarter of last year. Consensus expected a USD 3.90 billion deficit. The 11 percent annual deficit decline was mainly explained by a narrower trade deficit, which was recorded at USD 869 million in the period. On a yearly basis, the current account deficit also narrowed to USD 15.02 billion (from USD 16.81 billion in 2015), mainly explained by a 6.9 percent fall in imports of goods. Current Account in Argentina averaged -605.25 USD Million from...