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Thursday, 25.04.2024, 10:07
The foreign trade deficit of Lithuania amounted to EUR 96.6 mln in February
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Over the month (February 2016, against January), exports increased by 12.8, imports – 17.8%. The increase in exports was influenced by an increase in exports of machinery and mechanical appliances and parts thereof (41.7%), ground vehicles (29.2%), electrical machinery and equipment and parts thereof (14.4%). The increase in imports was determined by an increase in imports of ground vehicles (50.9%), machinery and mechanical appliances and parts thereof (32.3%), plastics and articles thereof (22.7%). Mineral products excluded, exports of goods increased by 16.1, imports – 21.7%. Exports of goods of Lithuanian origin increased by 0.4%, mineral products excluded – 3.2%.
 |
| Exports and imports in 2011-2016, January-February |
Over the year (February 2016, against February 2015), exports increased by 2.5%, while imports decreased by 2.4%. The increase in exports was influenced by an increase in exports of cereals (68.8%), electrical machinery and equipment and parts thereof (22.1%). The decrease in imports was determined by a decrease in imports of crude petroleum (33%), edible fruit and nuts (26.2%). Due to a decrease in price, imports of crude petroleum decreased, although in terms of imported amount in tonnes, imports increased by 14.2%. Mineral products excluded, exports of goods increased by 9.1, imports – 7.1%. Exports of goods of Lithuanian origin increased by 0.7, mineral products excluded – 8.5%.
In January–February 2016, against the same period of 2015, exports increased by 2.4%, while imports decreased by 4.2%. The increase in exports was determined by an increase in exports of cereals (82.6%), electrical machinery and equipment and parts thereof (16.9%). The decrease in imports was influenced by a decrease in imports of crude petroleum (28.6%), fertilisers (37.7%), machinery and mechanical appliances and parts thereof (7.7%). Due to a decrease in price, imports of crude petroleum decreased, although in terms of imported amount in tonnes, imports increased by 8%. Mineral products excluded, exports of goods increased by 5.4, imports – 3.1%. Exports of goods of Lithuanian origin increased by 3.4, mineral products excluded – 6.5%. Exports to Russia decreased by 12, of goods of Lithuanian origin – 4.2%, which was conditioned by a decrease in exports of machinery and mechanical appliances and parts thereof (43.9%), furniture (56.2%); meat and dairy products were not exported. Exports of food and agricultural products (CN sections I–IV) to Russia decreased by 14.2%, of food and agricultural products of Lithuanian origin – increased by 21.6% (in January–February 2015, exports of such products amounted to EUR 8 300.3 thousand, in January–February 2016 – EUR 10 095.6 thousand).
In January–February 2016, the most important Lithuania's partners in exports were Russia (11.5%), Poland (9.4%), Latvia (9.1%), and Germany (8.2%), while in imports – Russia (13.7%), Germany (11.8%), Poland (10.8%), and Latvia (7.7%). Most of goods of Lithuanian origin were exported to Germany (10.5%), the United States (10.4%), Poland (7.1%), United Kingdom (6.6%), and Sweden (6.6%).
In January–February 2016, the largest share in Lithuania's exports and imports fell within machinery and mechanical appliances, electrical equipment (13.9 and 17.9% respectively), mineral products (13 and 16.8% respectively), and products of the chemical and allied industries (12.2 and 12.9% respectively). As for the goods of Lithuanian origin, the largest share in exports fell within mineral products (17.5%), miscellaneous manufactured articles (12.1%), and products of the chemical or allied industries (9.2%).
Table 1. Foreign trade balance, EUR million
|
|
Exports |
Imports |
Balance |
|
January–February 2015 |
3 268.7 |
3 610.2 |
–341.5 |
|
January |
1 538.4 |
1 694.3 |
–155.9 |
|
February |
1 730.3 |
1 915.9 |
–185.6 |
|
March |
1 876.2 |
2 127.4 |
–251.2 |
|
I quarter |
5 144.9 |
5 737.6 |
–592.7 |
|
II quarter |
5 828.1 |
6 697.1 |
–869.0 |
|
III quarter |
5 891.3 |
6 484.3 |
–593.0 |
|
IV quarter |
6 119.3 |
6 477.7 |
–358.4 |
|
20151 |
22 983.6 |
25 396.7 |
–2 413.1 |
|
January–February 2016 |
3 345.8 |
3 457.6 |
–111.8 |
|
January2 |
1 572.1 |
1 587.3 |
–15.2 |
|
February |
1 773.7 |
1 870.3 |
–96.6 |
__________________________
1 Non-final data
2 Revised data
Table 2. Structure of and changes in foreign trade by BEC in January–February 2016
|
BEC |
Exports |
Imports |
||||
|
Value, EUR million |
Share, % |
Change, against the respective period of 2015, % |
Value, EUR million |
Share, % |
Change, against the respective period of 2015, % |
|
|
Total |
3 345.8 |
100.0 |
2.4 |
3 457.6 |
100.0 |
–4.2 |
|
Capital goods |
358.7 |
10.7 |
–4.4 |
523.6 |
15.1 |
1.5 |
|
Intermediate goods |
1 702.7 |
50.9 |
–0.3 |
1 881.7 |
54.4 |
–11.0 |
|
Consumption goods |
1 079.7 |
32.3 |
5.2 |
934.9 |
27.0 |
7.2 |
|
Motor spirit |
158.7 |
4.7 |
33.4 |
3.7 |
0.1 |
4.0 |
|
Passenger motor cars |
35.9 |
1.1 |
12.3 |
112.4 |
3.3 |
12.1 |
|
Other |
10.1 |
0.3 |
32.7 |
1.3 |
0.0 |
–74.0 |
Table 3. Structure of and changes in trade with key foreign partners in January–February 2016
|
|
Exports |
|
Imports |
|||||
|
Value, EUR million |
Share, % |
Share of goods of Lithuanian origin, % |
Change, against the respective period of 2015, % |
Value, EUR million |
Share, % |
Change, against the respective period of 2015, % |
||
|
Total |
3 345.8 |
100.0 |
61.4 |
2.4 |
Total |
3 457.6 |
100.0 |
–4.2 |
|
EU28 |
2 095.6 |
62.6 |
65.6 |
0.3 |
EU28 |
2 382.0 |
68.9 |
2.2 |
|
Euro area |
1 263.6 |
37.8 |
64.9 |
–4.5 |
Euro area |
1 603.6 |
46.4 |
3.7 |
|
CIS 3 |
627.2 |
18.7 |
16.7 |
–13.0 |
CIS |
688.2 |
19.9 |
–22.1 |
|
EFTA 4 |
132.9 |
4.0 |
89.4 |
21.9 |
EFTA |
72.6 |
2.1 |
19.9 |
|
Russia |
385.2 |
11.5 |
10.4 |
–12.0 |
Russia |
473.3 |
13.7 |
–24.6 |
|
Poland |
314.3 |
9.4 |
46.5 |
6.3 |
Germany |
407.7 |
11.8 |
3.8 |
|
Latvia |
303.0 |
9.1 |
43.6 |
–4.7 |
Poland |
374.0 |
10.8 |
4.8 |
|
Germany |
275.6 |
8.2 |
78.1 |
–9.7 |
Latvia |
266.7 |
7.7 |
0.8 |
|
United States |
219.1 |
6.5 |
97.4 |
40.6 |
Netherlands |
176.2 |
5.1 |
8.1 |
|
United Kingdom |
168.9 |
5.0 |
80.8 |
17.2 |
Italy |
159.5 |
4.6 |
8.3 |
|
Estonia |
167.6 |
5.0 |
44.7 |
3.8 |
Sweden |
130.4 |
3.8 |
–10.9 |
|
Sweden |
155.7 |
4.7 |
87.3 |
15.4 |
China |
119.6 |
3.5 |
–2.6 |
|
Netherlands |
120.4 |
3.6 |
74.9 |
–25.6 |
Belgium |
118.2 |
3.4 |
7.1 |
|
Norway |
112.6 |
3.4 |
89.6 |
24.2 |
Estonia |
116.5 |
3.4 |
17.5 |
|
Denmark |
109.4 |
3.3 |
78.8 |
–7.5 |
France |
113.8 |
3.3 |
23.7 |
|
France |
106.5 |
3.2 |
82.6 |
11.8 |
United Kingdom |
101.5 |
2.9 |
–4.7 |
|
Belarus |
106.2 |
3.2 |
15.1 |
–13.0 |
Belarus |
100.4 |
2.9 |
–11.9 |
|
Italy |
75.4 |
2.3 |
81.0 |
3.2 |
Finland |
82.8 |
2.4 |
5.0 |
|
Ukraine |
64.0 |
1.9 |
58.3 |
1.0 |
Kazakhstan |
77.4 |
2.2 |
–29.1 |
|
Other |
661.9 |
19.7 |
72.4 |
12.0 |
Other |
639.6 |
18.5 |
–5.7 |
__________________________
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 January–February 2016
|
CN sections, chapters |
Value, EUR million |
Share, % |
Share of goods of Lithuanian origin, % |
Change, against the respective period of 2015, % |
|
|
|
Total |
3 345.8 |
100.0 |
61.4 |
2.4 |
|
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 |
463.9 |
13.9 |
28.9 |
1.0 |
|
84 |
Machinery and mechanical appliances; parts thereof |
247.4 |
7.4 |
19.9 |
–9.8 |
|
V |
Mineral products |
435.8 |
13.0 |
82.5 |
–14.2 |
|
27 |
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes |
430.1 |
12.9 |
82.7 |
–14.6 |
|
VI |
Products of the chemical or allied industries |
406.9 |
12.2 |
46.3 |
6.7 |
|
31 |
Fertilisers |
147.6 |
4.4 |
85.5 |
–18.2 |
|
XX |
Miscellaneous manufactured articles |
280.0 |
8.4 |
88.7 |
4.2 |
|
94 |
Furniture and associated accessories, lamps and lighting fittings, prefabricated buildings |
261.5 |
7.8 |
91.5 |
4.5 |
|
II |
Vegetable products |
259.0 |
7.7 |
66.5 |
20.3 |
|
10 |
Cereals |
132.1 |
3.9 |
94.7 |
82.6 |
|
IV |
Prepared foodstuffs; beverages, spirits and vinegar; tobacco and manufactured tobacco substitutes |
249.6 |
7.5 |
69.7 |
12.6 |
|
24 |
Tobacco and manufactured tobacco substitutes |
57.1 |
1.7 |
100.0 |
8.8 |
|
VII |
Plastics and articles thereof; rubber and articles thereof |
215.2 |
6.4 |
70.8 |
9.3 |
|
39 |
Plastics and articles thereof |
201.9 |
6.0 |
74.6 |
9.5 |
|
XI |
Textiles and textile articles |
204.6 |
6.1 |
57.7 |
4.7 |
|
62 |
Articles of apparel and clothing accessories, not knitted or crocheted |
65.0 |
1.9 |
58.6 |
–7.3 |
|
|
Other |
830.8 |
24.8 |
60.9 |
1.1 |
Table 5. Commodity structure of and changes in exports of goods of Lithuanian origin in January–February 2016
|
CN sections, chapters |
Value, EUR million |
Share, % |
Change, against the respective period of 2015, % |
|
|
|
Total |
2 053.2 |
100.0 |
3.4 |
|
V |
Mineral products |
359.4 |
17.5 |
–9.0 |
|
27 |
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes |
355.8 |
17.3 |
–9.3 |
|
XX |
Miscellaneous manufactured articles |
248.4 |
12.1 |
7.9 |
|
94 |
Furniture and associated accessories, lamps and lighting fittings, prefabricated buildings |
239.4 |
11.7 |
7.6 |
|
VI |
Products of the chemical or allied industries |
188.3 |
9.2 |
–12.6 |
|
31 |
Fertilisers |
126.2 |
6.1 |
–22.4 |
|
IV |
Prepared foodstuffs; beverages, spirits and vinegar; tobacco and manufactured tobacco substitutes |
174.0 |
8.5 |
11.9 |
|
24 |
Tobacco and manufactured tobacco substitutes |
57.1 |
2.8 |
10.3 |
|
II |
Vegetable products |
172.1 |
8.4 |
66.9 |
|
10 |
Cereals |
125.1 |
6.1 |
76.0 |
|
VII |
Plastics and articles thereof; rubber and articles thereof |
152.5 |
7.4 |
5.0 |
|
39 |
Plastics and articles thereof |
150.6 |
7.3 |
4.7 |
|
I |
Live animals; animal products |
135.8 |
6.6 |
–5.8 |
|
04 |
Dairy produce; birds' eggs; natural honey; edible products of animal origin, not elsewhere specified or included |
50.0 |
2.4 |
–28.2 |
|
|
Other |
622.7 |
30.3 |
4.5 |
Table 6. Commodity structure of and changes in imports in January–February 2016
|
CN sections, chapters |
Value, EUR million |
Share, % |
Change, against the respective period of 2015, % |
|
|
|
Total |
3 457.6 |
100.0 |
–4.2 |
|
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 |
620.2 |
17.9 |
–2.6 |
|
84 |
Machinery and mechanical appliances; parts thereof |
342.3 |
9.9 |
–7.7 |
|
V |
Mineral products |
579.6 |
16.8 |
–29.3 |
|
27 |
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes |
542.5 |
15.7 |
–30.7 |
|
VI |
Products of the chemical or allied industries |
447.0 |
12.9 |
1.8 |
|
30 |
Pharmaceutical products |
156.5 |
4.5 |
20.4 |
|
XVII |
Vehicles, aircraft, vessels and associated transport equipment |
298.4 |
8.6 |
31.0 |
|
87 |
Vehicles other than railway or tramway rolling stock, and parts and accessories thereof |
287.4 |
8.3 |
30.4 |
|
IV |
Prepared foodstuffs; beverages, spirits and vinegar; tobacco and manufactured tobacco substitutes |
203.5 |
5.9 |
11.5 |
|
22 |
Beverages, spirits and vinegar |
41.9 |
1.2 |
0.4 |
|
XI |
Textiles and textile articles |
202.2 |
5.8 |
14.2 |
|
62 |
Articles of apparel and clothing accessories, not knitted or crocheted |
44.4 |
1.3 |
13.7 |
|
XV |
Base metals and articles of base metal |
199.4 |
5.8 |
–7.5 |
|
73 |
Articles of iron or steel |
63.7 |
1.8 |
–14.9 |
|
|
Other |
907.3 |
26.3 |
–0.4 |
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, % |
share in total exports, % |
value, EUR million |
change, against the previous month, % |
EUR million |
|
|
2015−02 |
1 730.3 |
12.5 |
1 022.0 |
6.2 |
59.1 |
1 915.9 |
13.1 |
−185.6 |
|
2015−03 |
1 876.2 |
8.4 |
1 084.6 |
6.1 |
57.8 |
2 127.4 |
11.0 |
−251.2 |
|
2015−04 |
1 906.3 |
1.6 |
1 088.3 |
0.3 |
57.1 |
2 285.6 |
7.4 |
−379.3 |
|
2015−05 |
1 945.0 |
2.0 |
1 156.8 |
6.3 |
59.5 |
2 182.2 |
−4.5 |
−237.2 |
|
2015−06 |
1 976.8 |
1.6 |
1 152.2 |
−0.4 |
58.3 |
2 229.4 |
2.2 |
−252.6 |
|
2015−07 |
2 013.5 |
1.9 |
1 157.0 |
0.4 |
57.5 |
2 310.3 |
3.6 |
−296.8 |
|
2015−08 |
1 836.2 |
−8.8 |
1 071.7 |
−7.4 |
58.4 |
2 021.4 |
−12.5 |
−185.2 |
|
2015−09 |
2 041.7 |
11.2 |
1 264.5 |
18.0 |
61.9 |
2 152.7 |
6.5 |
−111.0 |
|
2015−10 |
2 182.1 |
6.9 |
1 286.6 |
1.7 |
59.0 |
2 264.6 |
5.2 |
−82.5 |
|
2015−11 |
2 055.0 |
−5.8 |
1 192.0 |
−7.4 |
58.0 |
2 120.3 |
−6.4 |
−65.3 |
|
2015−12 |
1 882.3 |
−8.4 |
1 076.0 |
−9.7 |
57.2 |
2 092.8 |
−1.3 |
−210.5 |
|
2016−01 |
1 572.1 |
−16.5 |
1 024.3 |
−4.8 |
65.2 |
1 587.3 |
−24.2 |
−15.2 |
|
2016−02 |
1 773.7 |
12.8 |
1 028.9 |
0.4 |
58.0 |
1 870.3 |
17.8 |
−96.6 |
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.
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