In January–May, exports decreased by 4% imports increased by 1.3% in Lithuania

Over the month (May 2015, against April), exports increased by 2.1, imports decreased by 3%. The increase in exports was influenced by an increase in exports of petroleum products (29.2%) and pharmaceutical products (40.2%). The decrease in imports was determined by a decrease in imports of ships. Mineral products excluded, exports decreased by 2.9%, imports – by 7.5%. Exports of goods of Lithuanian origin increased by 5.1%, mineral products excluded – decreased by 4.3%.

Over the year (May 2015, against May 2014), exports decreased by 1.9%, imports increased by 1.7%. The decrease in exports was determined by a decrease in exports of edible vegetables (46.5%), milk and dairy products (34.8%), plastics and articles thereof (13.1%). The increase in imports was influenced by an increase in imports of electrical machinery and equipment and parts thereof (18.4%), ground vehicles (17.4%), pharmaceutical products (31%). Mineral products excluded, exports of goods decreased by 3.5%, imports increased by 2.8%. Exports of goods of Lithuanian origin decreased by 2%, mineral products excluded – 3.5%.

In January–May 2015, against January–May 2014, exports decreased by 4%, imports increased by 1.3%. The decrease in exports was influenced by a decrease in exports of petroleum products (8.8%), edible vegetables (50.2%) and milk and dairy products (32.1%). The increase in imports was determined by an increase in imports of boilers, machinery and mechanical appliances (17.5%), electrical machinery and equipment and parts thereof (18.7%). A decrease in value of exported petroleum products was conditioned by price drop for oil. Mineral products excluded, exports of goods decreased by 3.1%, while imports increased by 4.1%. Exports of goods of Lithuanian origin decreased by 4.2%, mineral products excluded – by 0.5%. Exports to Russia decreased by 33.8%, of goods of Lithuanian origin – 55.6%, which was conditioned by a decrease in exports of milk and dairy products (94%), non-alcoholic and alcoholic beverages (73.4%); meat and edible meat offal was not exported. Exports of food and agricultural products (CN sections I–IV) to Russia decreased by 61.3%, of food and agricultural products of Lithuanian origin – by 80.6% (in January–May 2014, exports of such products amounted to EUR 127.6 million, while in the same period of 2015 – EUR 24.8 million).

In January–May 2015, the most important Lithuania's partners in exports were Russia (13.6%), Latvia (10%), Poland (9.6%) and Germany (8.5%), in imports – Russia (16.9%), Germany (11.4%), Poland (10.1%) and Latvia (7%). Most of the goods of Lithuanian origin were exported to Germany (11.8%), Latvia (7.8%), the United Kingdom (7.5%) and Poland (7%).

In January–May 2015, the largest share in Lithuania's exports and imports fell within mineral products (16.5 and 22.8% respectively), machinery and mechanical appliances, electrical equipment (14.3 and 17.5% respectively), and products of the chemical or allied industries (11.4 and 12.1% respectively). As for the goods of Lithuanian origin, the largest share in exports fell within mineral products (22.2%), miscellaneous manufactured articles (11.3%), products of the chemical or allied industries (10.2%), and plastics and articles thereof (7.7%).

Table 1. Foreign trade balance, EUR million

	Exports	Imports	Balance
January–May 2014	9 409.7	10 179.4	–769.7
January	1 699.9	1 855.2	–155.3
February	1 822.1	1 871.5	–49.4
March	1 896.1	2 104.9	–208.8
I quarter	5 418.1	5 831.6	–413.5
April	1 999.0	2 164.0	–165.0
May	1 992.6	2 183.8	–191.2
June	2 064.8	2 153.7	–88.9
II quarter	6 056.4	6 501.5	–445.1
July	2 141.3	2 316.1	–174.8
August	2 050.1	2 095.6	–45.5
September	2 258.5	2 359.8	–101.3
III quarter	6 449.9	6 771.5	–321.6
October	2 373.3	2 494.6	–121.3
November	2 154.4	2 234.7	–80.3
December	1 909.3	2 055.5	–146.2
IV quarter	6 436.9	6 784.8	–347.9
2014	24 361.3	25 889.5	–1 528.2
January–May 2015	9 029.4	10 307.7	–1 278.3
January	1 550.3	1 709.4	–159.1
February	1 726.7	1 940.7	–214.0
March¹	1 882.0	2 148.9	–266.9
I quarter¹	5 159.0	5 799.0	–640.0
April¹	1 915.3	2 288.4	–373.1
May	1 955.2	2 220.3	–265.1

¹ Revised data.

Table 2. Structure of and changes in foreign trade by BEC in January–May 2015

BEC	Exports			Imports
BEC	value, EUR million	share, per cent	change, against the respective period of 2014, per cent	value, EUR million	share, per cent	change, against the respective period of 2014, per cent
Total	9 029.4	100.0	–4.0	10 307.7	100.0	1.3
Capital goods	1 057.6	11.7	3.5	1 558.6	15.1	21.4
Intermediate goods	4 697.0	52.0	–1.9	5 979.1	58.0	–0.4
Consumption goods	2 753.5	30.5	–6.7	2 438.3	23.7	–5.3
Motor spirit	401.0	4.4	–12.5	12.8	0.1	6 t.
Passenger motor cars	95.9	1.1	–43.3	301.9	2.9	–4.9
Other	24.3	0.3	11.6	17.0	0.2	12.8 t.

Table 3. Structure of and changes in trade with key foreign partners in January–May 2015

	Exports					Imports
	value, EUR million	share,%	share of goods of Lithuanian origin, per cent	change, against the respective period of 2014,%		value, EUR million	share,%	change, against the respective period of 2014,%
Total	9 029.4	100.0	58.3	–4.0	Total	10 307.7	100.0	1.3
EU28	5 708.8	63.2	66.6	5.3	EU28	6 779.4	65.8	3.1
Euro area	3 568.5	39.5	67.6	3.4	Euro area	4 577.4	44.4	3.1
CIS²	2 093.2	23.2	16.1	–25.5	CIS ²	2 403.5	23.3	–14.3
EFTA ³	297.2	3.3	90.4	9.5	EFTA ³	161.1	1.6	2.3 t.
Russia	1 231.9	13.6	9.2	–33.8	Russia	1 742.9	16.9	–20.1
Latvia	899.7	10.0	45.4	–1.5	Germany	1 178.0	11.4	12.0
Poland	870.2	9.6	42.4	12.1	Poland	1 036.0	10.1	5.2
Germany	764.8	8.5	81.1	1.7	Latvia	724.7	7.0	5.4
Estonia	482.8	5.3	46.0	13.3	Netherlands	532.7	5.2	–8.8
United Kingdom	440.5	4.9	89.2	9.5	Italy	501.6	4.9	5.6
Netherlands	413.1	4.6	86.8	–5.4	Sweden	407.9	4.0	23.8
Belarus	410.0	4.5	11.2	–3.1	Belarus	362.6	3.5	9.1
United States	365.2	4.0	97.3	–10.6	Belgium	319.4	3.1	–15.2
Sweden	364.1	4.0	85.0	6.7	China	293.0	2.8	16.5
Denmark	268.3	3.0	77.2	6.0	United Kingdom	280.8	2.7	–23.4
Norway	250.6	2.8	91.0	10.8	Estonia	279.5	2.7	–1.1
France	234.3	2.6	84.6	9.5	France	268.7	2.6	–4.2
Ukraine	189.0	2.1	69.7	–23.3	Finland	218.2	2.1	–6.1
Italy	188.0	2.1	81.2	4.0	Kazakhstan	205.2	2.0	18.4
Other	1 656.9	18.4	69.3	7.0	Other	1 956.5	19.0	23.1

² Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, Uzbekistan.
³ Iceland, Lichtenstein, Norway, Switzerland.

Table 4. Commodity structure of and changes in exports in January–May 2015

CN sections, chapters		Value, EUR million	Share, %	Share of goods of Lithuanian origin, %	Change, against the respective period of 2014, %
	Total	9 029.4	100.0	58.3	–4.0
V	Mineral products	1 493.9	16.5	78.0	–8.3
27	Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes	1 475.8	16.3	78.4	–8.2
XVI	Machinery and mechanical appliances; electrical equipment; parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles	1 290.1	14.3	22.4	4.9
84	Boilers, machinery and mechanical appliances; parts thereof	759.3	8.4	15.8	10.1
VI	Products of the chemical or allied industries	1 032.7	11.4	51.7	11.6
31	Fertilisers	439.3	4.9	87.0	11.7
XX	Miscellaneous manufactured articles	710.0	7.9	83.9	5.1
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	658.9	7.3	87.1	6.6
IV	Prepared foodstuffs; beverages, spirits and vinegar; tobacco and manufactured tobacco substitutes	591.8	6.6	68.3	–3.7
24	Tobacco and manufactured tobacco substitutes	133.5	1.5	99.8	30.9
VII	Plastics and articles thereof; rubber and articles thereof	572.2	6.3	70.7	–8.0
39	Plastics and articles thereof	531.0	5.9	75.4	–8.9
II	Vegetable products	571.6	6.3	37.8	–16.5
08	Edible fruit and nuts; peel of citrus fruit or melons	180.7	2.0	3.0	–11.5
XI	Textiles and textile articles	483.7	5.4	60.3	–6.8
62	Articles of apparel and clothing accessories, not knitted or crocheted	160.0	1.8	59.7	–8.4
	Other	2 283.4	25.3	59.6	–9.0

Table 5. Commodity structure of and changes in exports of goods of Lithuanian origin in January–May 2015

CN sections, chapters		Value, EUR million	Share, %	Change, against the respective period of 2014, %
	Total	5 261.3	100.0	–4.2
V	Mineral products	1 165.4	22.2	–15.3
27	Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes	1 156.5	22.0	–14.9
XX	Miscellaneous manufactured articles	595.9	11.3	6.5
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	574.1	10.9	6.8
VI	Products of the chemical or allied industries	534.0	10.2	13.0
31	Fertilisers	382.2	7.3	11.3
VII	Plastics and articles thereof; rubber and articles thereof	404.3	7.7	–8.3
39	Plastics and articles thereof	400.2	7.6	–8.5
IV	Prepared foodstuffs; beverages, spirits and vinegar; tobacco and manufactured tobacco substitutes	404.0	7.7	–2.3
24	Tobacco and manufactured tobacco substitutes	133.2	2.5	32.2
I	Live animals; animal products	377.1	7.2	–17.0
04	Dairy produce; birds' eggs; natural honey; edible products of animal origin, not elsewhere specified or included	168.4	3.2	–31.0
XI	Textiles and textile articles	291.8	5.5	–3.6
62	Articles of apparel and clothing accessories, not knitted or crocheted	95.4	1.8	–1.0
	Other	1 488.8	28.2	1.0

Table 6. Commodity structure of and changes in imports in January–May 2015

CN sections, chapters		Value, EUR million	Share, %	Change, against the respective period of 2014, %
	Total	10 307.7	100.0	1.3
V	Mineral products	2 347.8	22.8	–7.2
27	Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes	2 234.7	21.7	–8.2
XVI	Machinery and mechanical appliances; electrical equipment; parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles	1 804.9	17.5	18.0
84	Boilers, machinery and mechanical appliances; parts thereof	1 045.6	10.1	17.5
VI	Products of the chemical or allied industries	1 245.8	12.1	8.0
30	Pharmaceutical products	354.6	3.4	13.4
XVII	Vehicles, aircraft, vessels and associated transport equipment	772.6	7.5	2.9
87	Vehicles other than railway or tramway rolling stock, and parts and accessories thereof	685.7	6.7	1.5
XV	Base metals and articles of base metal	610.1	5.9	5.3
73	Articles of iron or steel	210.5	2.0	12.3
II	Vegetable products	541.8	5.3	–11.8
08	Edible fruit and nuts; peel of citrus fruit or melons	239.6	2.3	–0.7
VII	Plastics and articles thereof; rubber and articles thereof	520.8	5.1	–0.6
39	Plastics and articles thereof	433.8	4.2	–0.9
	Other	2 463.9	23.8	–1.4

Table 7. Volume of and changes in imports and exports

Period	Exports		Exports of goods of Lithuanian origin			Imports		Balance
Period	value, EUR million	change, against the previous month,%	value, EUR million	change, against the previous month,%	share in total exports,%	value, EUR million	change, against the previous month,%	EUR million
2014−05	1 992.6	−0.3	1 160.8	−1.3	58.3	2 183.8	0.9	−191.2
2014−06	2 064.8	3.6	1 106.0	−4.7	53.6	2 153.7	−1.4	−88.9
2014−07	2 141.3	3.7	1 163.5	5.2	54.3	2 316.1	7.5	−174.8
2014−08	2 050.1	−4.3	1 125.9	−3.2	54.9	2 095.6	−9.5	−45.5
2014−09	2 258.5	10.2	1 282.4	13.9	56.8	2 359.8	12.6	−101.3
2014−10	2 373.3	5.1	1 362.1	6.2	57.4	2 494.6	5.7	−121.3
2014−11	2 154.4	−9.2	1 226.6	−9.9	56.9	2 234.7	−10.4	−80.3
2014−12	1 909.3	−11.4	1 080.0	−12.0	56.6	2 055.5	−8.0	−146.2
2015−01	1 550.3	−18.8	964.7	−10.7	62.2	1 709.4	−16.8	−159.1
2015−02	1 726.7	11.4	1 004.9	4.2	58.2	1 940.7	13.5	−214.0
2015−03	1 882.0	9.0	1 071.2	6.6	56.9	2 148.9	10.7	−266.9
2015−04	1 915.3	1.8	1 082.5	1.1	56.5	2 288.4	6.5	−373.1
2015−05	1 955.2	2.1	1 137.9	5.1	58.2	2 220.3	−3.0	−265.1

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

For more information, see the Database of Indicators.

Analytics, Baltic Export, Baltic States – CIS, EU – Baltic States, Foreign trade , Lithuania

International Internet Magazine. Baltic States news & analytics Tuesday, 23.04.2024, 19:52