Estonia Outperforms Latvia
Latvia's growth was more of a disappointment, with GDP growing only 3.4% compared to a year earlier according to the first preliminary estimate, with quarterly growth being a weak 0.2% (0.8% at an annualized rate.
Why Estonia is doing so much better than Latvia is not clear. One answer is that its exports grows faster, but that begs the question of why its exports grows faster. It could simply be a coincidence related to successful companies producing mineral products and machinery and equipment (the two sectors in Estonia whose exports increased the most).