Import of provisionally preserved olives to Latvia goes down in 2016

The variable went down by 21.72 percent in comparison with the prior year, according to numbers presented by United Nations Statistical Office. Olives import declined from 9 395 US Dollar to 7 354 US Dollar, in contrast to the previous year when it climbed by 881.71%. Latvia saw a rise of 293.26% in olives import over the past 23 years. As well as it has attained the compound average annual growth rate of 0.15 percent over the last five years with a slight overall drop since the 1994. It averaged 6 094.78 US Dollar from 1994 to 2016 and it hit its all-time high of 26 222 US Dollar in 2001 and record low of 12 US Dollar in 2004.