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International Internet Magazine. Baltic States news & analytics Tuesday, 16.04.2024, 07:10

In December, exports decreased by 11.2, imports – by 16.3% in Lithuania

Irina Plačienė, Statistics Lithuania, 06.02.2015.Print version
Statistics Lithuania informs that, based on non-final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports in December 2014 amounted to EUR 1.9 billion (LTL 6.6 billion), imports – EUR 2.1 billion (LTL 7.3 billion). Over the month (December 2014, against November), exports decreased by 11.2, imports – by 16.3%.

Exports of goods of Lithuanian origin amounted to EUR 1.1 billion (LTL 3.7 billion). The foreign trade deficit of Lithuania amounted to EUR 0.2 billion (LTL 0.7 billion).

 

The decrease in exports was influenced by a decrease in exports of petroleum products (13.3%), boilers, machinery and mechanical appliances and parts thereof (16.3%), ground vehicles (28.8%). The decrease in imports was determined by a decrease in imports of ships, boats and floating structures, mineral products (9.4%). Mineral products excluded, exports decreased by 10.6, imports – by 18.6%. Exports of goods of Lithuanian origin decreased by 12.5%, mineral products excluded – by 13.2%. Exports to Russia decreased by 17.3%, of goods of Lithuanian origin – by 32.9%, which was conditioned by a decrease in exports of ground vehicles (87.8%), beverages, spirits and vinegar (64.7%), preparations of cereals (66.4%).

 

Exports and imports, 2009–2014

Over the year (December 2014, against December 2013), exports decreased by 3.6%, imports – by 2.1%. The decrease in exports was determined by a decrease in exports of petroleum products (25.4%) and edible vegetables (68.4%), while the decrease in imports was influenced by a decrease in imports of crude oil (12.7%) and edible vegetables (69.6%). A decrease in value of exported petroleum products and imported crude oil was conditioned by price drop for oil. Mineral products excluded, exports and imports increased by 2.5 and 2.1% respectively. Exports of goods of Lithuanian origin decreased by 6.1%, mineral products excluded – increased by 6.3%.

 

In 2014, compared to 2013, exports decreased by 0.6%, while imports increased by 1.2%. The decrease in exports was influenced by a decrease in exports of petroleum products (24.4%) and ground vehicles (20%). The increase in imports was influenced by an increase in imports of electrical machinery and equipment and parts thereof (35.2%), boilers, machinery and mechanical appliances and parts thereof (22.1%). Mineral products excluded, exports and imports increased by 6.7 and 9.7% respectively. Exports of goods of Lithuanian origin decreased by 6.7%, mineral products excluded – grew by 4.7%. Exports to Russia increased by 4.4%, while exports of goods of Lithuanian origin decreased by 16.3%, which was conditioned by a decrease in exports of milk and dairy products (35.3%), meat and edible meat offal (44.8%), ground vehicles (30.6%). Exports of food and agricultural products (CN sections I–IV) to Russia decreased by 22.2%, of food and agricultural products of Lithuanian origin – by 28.3% (in 2013, exports of such products amounted to EUR 309.6 million, while in 2014 – EUR 222 million).

 

In 2014, the most important Lithuania's partners in exports were Russia (20.8%), Latvia (9.2%), Poland (8.3%) and Germany (7.2%), in imports – Russia (21.6%), Germany (10.9%), Poland (9.4%) and Latvia (6.9%). Most of the goods of Lithuanian origin were exported to Germany (10.4%), Latvia (8.1%), the Netherlands (7.2%), and Poland (7%).

 

In 2014, the largest share in Lithuania's exports and imports fell within mineral products (17.8 and 25.3% respectively), machinery and mechanical appliances, electrical equipment (15.4 and 17%), and products of the chemical or allied industries (9.2 and 10.4%). As for the goods of Lithuanian origin, the largest share in exports fell within mineral products (26%), miscellaneous manufactured articles (9.9%), prepared foodstuffs (7.9%) and products of the chemical or allied industries (7.9%).


Table 1. Foreign trade balance, EUR million

 

Exports

Imports

Balance

2013

24 544.6

26 207.7

–1 663.1

I quarter

6 014.2

6 264.9

–250.7

II quarter

5 853.0

6 198.9

–345.9

III quarter

6 303.4

6 879.5

–576.1

IV quarter

6 373.9

6 864.4

–490.5

 

 

 

 

20142

24 401.0

26 530.6

–2 129.6

    January1

1 700.1

1 888.7

–188.6

    February1

1 817.6

1 888.8

–71.2

    March1

1 897.1

2 129.8

–232.7

I quarter1

5 414.7

5 907.2

–492.5

    April1

1 997.2

2 184.9

–187.7

    May1

1 999.2

2 221.4

–222.2

    June1

2 066.7

2 184.4

–117.7

II quarter1

6 063.0

6 590.7

–527.7

    July1

2 143.2

2 355.1

–211.9

    August1

2 048.7

2 131.7

–83.0

    September1

2 258.7

2 392.4

–133.7

III quarter1

6 450.6

6 879.2

–428.6

    October1

2 380.4

2 509.1

–128.7

    November1

2 168.0

2 527.8

–359.8

    December

1 924.3

2 116.6

–192.3

IV quarter

6 472.7

7 153.5

–680.8


1 Revised data.
2 Non-final data.


Table 2. Structure of and changes in foreign trade by BEC in 2014

BEC

Exports

Imports

value, EUR million

share,%

change, against 2013,%

value, EUR million

share,%

change, against 2013,%

Total

24 401.0

100.0

–0.6

26 530.6

100.0

1.2

Capital goods

2 967.1

12.2

10.4

3 837.4

14.5

9.0

Intermediate goods

12 422.7

50.9

–0.5

15 766.9

59.4

–1.9

Consumption goods

7 237.1

29.7

4.4

6 101.5

23.0

6.0

Motor spirit

1 280.4

5.2

–29.0

18.1

0.1

43.4

Passenger motor cars

433.9

1.8

–23.6

800.4

3.0

–4.2

Other

59.9

0.2

–21.6

6.1

0.0

0.0


Table 3. Structure of and changes in trade with key foreign partners in 2014

 

Exports

 

Imports

value, EUR million

share,%

share of goods of Lithuanian origin,%

change, against 2013,%

value, EUR million

share,%

change, against 2013,%

Total

24 401.0

100.0

56.7

–0.6

Total

26 530.6

100.0

1.2

EU28

13 389.0

54.9

69.9

–1.6

EU28

16 935.0

63.8

7.1

CIS3

7 911.5

32.4

20.6

2.0

CIS3

7 303.0

27.5

–14.6

EFTA4

668.9

2.7

92.0

11.6

EFTA4

213.1

0.8

3.8

Russia

5 081.1

20.8

11.7

4.4

Russia

5 735.7

21.6

–22.2

Latvia

2 236.5

9.2

49.9

–8.5

Germany

2 898.8

10.9

5.3

Poland

2 013.8

8.3

48.4

10.9

Poland

2 504.5

9.4

0.2

Germany

1 766.9

7.2

81.8

0.3

Latvia

1 826.8

6.9

12.1

Belarus

1 137.5

4.7

17.3

–10.8

Italy

1 304.2

4.9

20.6

Netherlands

1 087.1

4.5

91.7

0.8

Netherlands

1 261.9

4.8

–8.6

Estonia

1 051.5

4.3

50.5

–23.4

United Kingdom

1 072.5

4.0

72.7

United Kingdom

923.3

3.8

89.6

–23.7

Belgium

906.9

3.4

5.4

Ukraine

905.1

3.7

79.6

6.9

Sweden

834.8

3.1

–1.3

United States

904.9

3.7

97.8

32.6

Belarus

743.7

2.8

–2.6

Sweden

864.6

3.5

86.1

7.4

France

737.0

2.8

1.2

France

634.3

2.6

89.3

10.5

Estonia

699.5

2.6

–5.0

Denmark

571.8

2.3

81.6

13.9

China

666.3

2.5

17.9

Norway

558.4

2.3

92.8

7.2

Kazakhstan

545.0

2.1

3.7 t.

Italy

453.2

1.9

83.6

9.1

Finland

536.4

2.0

5.9

Other

4 211.0

17.3

68.5

–3.7

Other

4 256.6

16.2

14.4

 

3 Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, Uzbekistan.
4 Iceland, Lichtenstein, Norway, Switzerland.


Table 4. Commodity structure of and changes in exports in 2014

CN sections

Value, EUR million

Share,%

Share of goods of Lithuanian origin,%

Change, against 2013,%

 

Total

24 401.0

100.0

56.7

–0.6

27    

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

4 289.9

17.6

83.2

–24.2

84

Boilers, machinery and mechanical appliances; parts thereof

2 114.2

8.7

14.1

16.8

85

Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles

1 635.4

6.7

23.7

47.1

94

Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated signs, illuminated nameplates and the like; prefabricated buildings

1 568.0

6.4

83.9

15.2

39

Plastics and articles thereof

1 405.0

5.8

72.3

1.4

87

Vehicles other than railway or tramway rolling stock, and parts and accessories thereof

1 134.0

4.6

14.3

–20.0

44

Wood and articles of wood; wood charcoal

867.2

3.6

80.7

9.1

31

Fertilisers

843.4

3.5

88.4

5.1

04

Dairy produce; birds' eggs; natural honey; edible products of animal origin, not elsewhere specified or included

600.5

2.5

94.7

–0.2

 

Other

9 943.4

40.6

51.1

3.6


Table 5. Commodity structure of and changes in exports of goods of Lithuanian origin in 2014

CN sections

Value, EUR million

Share,%

Change, against 2013,%

 

Total

13 846.2

100.0

–6.7

27    

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

3 570.2

25.8

–28.5

94

Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated signs, illuminated nameplates and the like; prefabricated buildings

1 315.9

9.5

16.0

39

Plastics and articles thereof

1 015.8

7.3

–1.3

31

Fertilisers

745.8

5.4

3.5

44

Wood and articles of wood; wood charcoal

700.1

5.1

6.9

10

Cereals

583.7

4.2

5.4

04

Dairy produce; birds' eggs; natural honey; edible products of animal origin, not elsewhere specified or included

568.8

4.1

–0.2

85

Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles

388.1

2.8

18.5

24

Tobacco and manufactured tobacco substitutes

361.1

2.6

13.2

 

Other

4 596.7

33.2

1.4


Table 6. Commodity structure of and changes in imports in 2014

CN sections

Value, EUR million

Share,%

Change, against 2013,%

 

Total

26 530.6

100.0

1.2

27    

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

6 466.4

24.4

–17.7

84

Boilers, machinery and mechanical appliances; parts thereof

2 617.2

9.9

22.1

85

Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles

1 886.6

7.1

35.2

87

Vehicles other than railway or tramway rolling stock, and parts and accessories thereof

1 732.7

6.5

–15.1

39

Plastics and articles thereof

1 108.9

4.2

9.9

30

Pharmaceutical products

792.6

3.0

12.3

29

Organic chemicals

601.7

2.3

–6.5

08

Edible fruit and nuts; peel of citrus fruit or melons

501.3

1.9

–7.5

73

Articles of iron or steel

494.2

1.9

8.3

 

Other

10 329.0

38.8

9.7


Table 7. Volume of and changes in imports and exports

Period

Exports

Exports of goods
of Lithuanian origin

Imports

Balance

value, EUR million

change, against the previous month,%

value, EUR million

change, against the previous month,%

value, EUR million

change, against the previous month,%

EUR million

2013−12

1 997.1

−5.3

1 148.2

−4.6

2 163.1

−5.4

−166.0

2014−01

1 700.1

−14.9

1 032.3

−10.1

1 888.7

−12.7

−188.6

2014−02

1 817.6

6.9

1 062.9

3.0

1 888.8

0.0

−71.2

2014−03

1 897.1

4.4

1 065.7

0.3

2 129.8

12.8

−232.7

2014−04

1 997.2

5.3

1 178.0

10.5

2 184.9

2.6

−187.7

2014−05

1 999.2

0.1

1 160.5

−1.5

2 221.4

1.7

−222.2

2014−06

2 066.7

3.4

1 108.1

−4.5

2 184.4

−1.7

−117.7

2014−07

2 143.2

3.7

1 163.6

5.0

2 355.1

7.8

−211.9

2014−08

2 048.7

−4.4

1 122.3

−3.5

2 131.7

−9.5

−83.0

2014−09

2 258.7

10.3

1 281.1

14.1

2 392.4

12.2

−133.7

2014−10

2 380.4

5.4

1 360.7

6.2

2 509.1

4.9

−128.7

2014−11

2 168.0

−8.9

1 232.4

−9.4

2 527.8

0.7

−359.8

2014−12

1 924.3

−11.2

1 078.5

−12.5

2 116.6

−16.3

−192.3


Note. Due to rounding, the sum of lines or columns in some tables may disagree with the "Total".


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