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The foreign trade deficit of Lithuania amounted to EUR 242.7 mln in April

Irina Plačienė, Statistics Lithuania, 09.06.2016.Print version
Statistics Lithuania informs that, based on non-final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports in April 2016 amounted to EUR 1 791.2 million, imports – EUR 2 033.9 million. Exports of goods of Lithuanian origin amounted to EUR 983.5 million. The foreign trade deficit of Lithuania amounted to EUR 242.7 million.

Over the month (April 2016, against March), exports decreased by 3.9, imports – by 3.8%. The decrease in exports was influenced by a decrease in exports of petroleum products (26.4%), cereals (28.2%), and fertilisers (20.8%). The decrease in imports was determined by a decrease in imports of machinery and mechanical appliances and parts thereof (7.9%) and electrical machinery and equipment and parts thereof (8.2%). Mineral products excluded, exports of goods decreased by 1.2, imports – by 4.7%. Exports of goods of Lithuanian origin decreased by 7.2, mineral products excluded – by 1.9%.

 

Over the year (April 2016, against April 2015), exports decreased by 6, imports – by 11%. The decrease in exports was influenced by a decrease in exports of petroleum products (50.6%), edible fruit and nuts (61.8%), and fertilisers (18.8%). The decrease in imports was determined by a decrease in imports crude oil (46%) and ships, boats and floating structures (96.9%). Mineral products excluded, exports of goods increased by 2.8%, imports – decreased by 3.3%. Exports of goods of Lithuanian origin decreased by 9.6%, mineral products excluded – grew by 4.2%.


Exports and imports in 2011-2016, January-April

In January–April 2016, against the same period of 2015, exports decreased by 0.6, imports – by 5%. The decrease in exports was determined by a decrease in exports of petroleum products (26.2%), fertilisers (25.4%), and edible fruit and nuts (52.2%). The decrease in imports was influenced by a decrease in imports of crude oil (27.8%), edible fruit and nuts (42.6%), and ships, boats and floating structures (95%). Due to a decrease in prices, exports of petroleum products and imports of crude oil in value terms decreased, although in terms of amount in tonnes exports grew by 16.3, imports – by 10.2%. Mineral products excluded, exports increased by 4, imports – by 2%. Exports of goods of Lithuanian origin decreased by 1.3%, mineral products excluded – grew by 4.3%. Exports to Russia decreased by 6.6, of goods of Lithuanian origin – by 8%, which was mainly conditioned by a decrease in exports of machinery and mechanical appliances and parts thereof (38.2%) and furniture (41.4%); meat and dairy products were not exported. Exports of food and agricultural products (CN sections I–IV) to Russia decreased by 15.3%, of food and agricultural products of Lithuanian origin – increased by 8.8% (in January–April 2015, exports of such products amounted to EUR 18.1 million, in January–April 2016 – EUR 19.7 million).

 

In January–April 2016, the most important Lithuania's partners in exports were Russia (12.9%), Poland (9.6%), Latvia (9.4%), and Germany (8.1%), while in imports – Germany (12.5%), Russia (11.7%), Poland (11.3%), and Latvia (7.7%). Most of the goods of Lithuanian origin were exported to Germany (10.8%), the United States (9.1%), Poland (7.2%), Sweden (6.9%), and Latvia (6.7%).

 

In January–April 2016, the largest share in Lithuania's exports and imports fell within machinery and mechanical appliances, electrical equipment (14.7 and 18.3% respectively), products of the chemical and allied industries (11.8 and 13.3% respectively), and mineral products (11.6 and 15.5% respectively). As for the goods of Lithuanian origin, the largest share in exports fell within mineral products (15.5%), miscellaneous manufactured articles (12.5%), and prepared foodstuffs, non-alcoholic and alcoholic beverages and tobacco (9%).


Table 1. Foreign trade balance, EUR million

 

Exports

Imports

Balance

January–April 20151

7 051.2

8 023.2

–972.0

    I quarter

5 144.9

5 737.6

–592.7

        April

1 906.3

2 285.6

–379.3

    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–April 2016 

7 009.8

7 622.1

–612.3

        January

1 575.0

1 591.1

–16.1

        February2

1 778.9

1 882.9

–104.0

        March2

1 864.7

2 114.2

–249.5

    I quarter2

5 218.6

5 588.2

–369.6

        April

1 791.2

2 033.9

–242.7


______________________
1 Non-final data.
2 Revised data.


Table 2. Structure of and changes in foreign trade by BEC, January–April 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

7 009.8

100.0

–0.6

7 622.1

100.0

–5.0

Capital goods

813.4

11.6

–1.0

1 214.1

15.9

–2.8

Intermediate goods

3 579.1

51.1

–2.1

4 093.7

53.7

–10.6

Consumption goods

2 251.6

32.1

3.5

2 043.8

26.8

5.3

Motor spirit

273.9

3.9

–10.1

8.0

0.1

–20.0

Passenger motor cars

72.2

1.0

–4.9

258.2

3.4

13.1

Other

19.6

0.3

7.6

4.3

0.1

–74.3


Table 3. Structure of and changes in trade with key foreign partners, January–April 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

7 009.8

100.0

58.5

–0.6

Total

7 622.1

100.0

–5.0

EU28

4 336.4

61.9

64.4

–3.5

EU28

5 396.6

70.8

0.8

  Euro area

2 627.7

37.5

63.7

–6.8

  Euro area

3 611.4

47.4

0.4

CIS3

1 480.4

21.1

15.3

–8.8

CIS

1 347.9

17.7

–22.8

EFTA 4

268.1

3.8

90.4

13.5

EFTA

165.3

2.2

37.6

Russia

907.4

12.9

9.0

–6.6

Germany

955.7

12.5

5.2

Poland

674.2

9.6

44.0

–1.8

Russia

892.2

11.7

–28.8

Latvia

656.6

9.4

42.0

–5.6

Poland

863.1

11.3

5.7

Germany

566.2

8.1

77.9

–8.0

Latvia

584.2

7.7

2.1

United States

385.5

5.5

96.4

25.1

Netherlands

384.9

5.0

–4.8

Estonia

362.4

5.2

45.2

–3.4

Italy

379.2

5.0

7.4

Sweden

325.1

4.6

87.1

13.5

Sweden

297.2

3.9

–11.2

United Kingdom

319.2

4.6

82.7

–1.0

France

262.9

3.4

24.4

Netherlands

244.1

3.5

67.8

–24.6

Estonia

259.7

3.4

14.8

Belarus

238.7

3.4

15.5

–21.0

Belgium  

242.5

3.2

–3.0

Norway

222.6

3.2

91.0

12.7

China

232.5

3.1

–4.2

Denmark

220.1

3.1

78.3

–0.5

Belarus

226.6

3.0

–15.6

France

198.4

2.8

82.5

5.2

United Kingdom

219.7

2.9

–0.5

Italy

154.2

2.2

81.4

3.9

Finland

183.1

2.4

5.7

Ukraine

153.8

2.2

56.0

3.3

Denmark

159.0

2.1

5.2

Other

1 381.3

19.7

70.5

9.6

Other

1 479.6

19.4

–9.6


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


Table 4. Exports by main commodity group, January–April 2016

CN sections, chapters

Value, EUR million

Share, %

Share of goods of Lithuanian origin, %

Change, against the respective period of 2015, %

 

Total

7 009.8

100.0

58.5

–0.6

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

1 033.9

14.7

27.2

2.0

84

Machinery and mechanical appliances; parts thereof

566.5

8.1

18.2

–5.2

VI

Products of the chemical or allied industries

830.0

11.8

43.9

1.7

31

Fertilisers

274.7

3.9

84.2

–25.4

V

Mineral products

816.3

11.6

77.9

–25.4

27

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

806.0

11.5

77.9

–25.5

XX

Miscellaneous manufactured articles

592.9

8.5

86.7

5.3

94

Furniture and related articles, lamps and lighting fittings, prefabricated buildings

548.7

7.8

90.0

4.9

IV

Prepared foodstuffs; beverages, spirits and vinegar; tobacco and manufactured tobacco substitutes

525.5

7.5

70.2

12.6

24

Tobacco and manufactured tobacco substitutes

123.1

1.8

99.5

16.6

II

Vegetable products

488.2

7.0

59.7

6.4

10

Cereals

222.4

3.2

91.8

90.5

VII

Plastics and articles thereof; rubber and articles thereof

468.1

6.7

69.0

4.8

39

Plastics and articles thereof

434.6

6.2

73.4

4.9

XI

Textiles and textile articles

418.2

6.0

56.6

5.9

62

Articles of apparel and clothing accessories, not knitted or crocheted

131.6

1.9

57.2

–2.2

 

Other

1 836.7

26.2

59.2

2.2


Table 5. Exports of goods of Lithuanian origin by main commodity group, January–April 2016

CN sections, chapters

Value, EUR million

Share, %

Change, against the respective period of 2015, %

 

Total

4 103.5

100.0

–1.3

V

Mineral products

635.6

15.5

–23.8

27

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

628.1

15.3

–24.2

XX

Miscellaneous manufactured articles

514.3

12.5

7.1

94

Furniture and related articles, lamps and lighting fittings, prefabricated buildings

493.7

12.0

6.6

IV

Prepared foodstuffs; beverages, spirits and vinegar; tobacco and manufactured tobacco substitutes

368.8

9.0

13.5

24

Tobacco and manufactured tobacco substitutes

122.5

3.0

17.5

VI

Products of the chemical or allied industries

364.6

8.9

–16.3

31

Fertilisers

231.2

5.6

–27.4

VII

Plastics and articles thereof; rubber and articles thereof

322.9

7.9

1.4

39

Plastics and articles thereof

319.1

7.8

1.2

II

Vegetable products

291.6

7.1

57.0

  10

Cereals

204.2

5.0

79.2

I

Live animals; animal products

284.5

6.9

–4.7

03

Fish and crustaceans, molluscs and other aquatic invertebrates

103.0

2.5

17.7

 

Kita

1 321.2

32.2

3.2


Table 6. Imports by main commodity group, January–April 2016

CN sections, chapters

Value, EUR million

Share, %

Change, against the respective period of 2015, %

 

Total

7 622.1

100.0

–5.0

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

1 395.7

18.3

–4.1

  84

Machinery and mechanical appliances; parts thereof

793.6

10.4

–6.0

V

Mineral products

1 179.8

15.5

–30.8

27

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

1 099.5

14.4

–31.6

VI

Products of the chemical or allied industries

1 013.9

13.3

3.2

30

Pharmaceutical products

325.3

4.3

19.2

XVII

Vehicles, aircraft, vessels and associated transport equipment

720.5

9.5

18.9

87

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

689.4

9.0

31.2

XV

Base metals and articles of base metal

451.7

5.9

–5.9

  73

Articles of iron or steel

148.6

2.0

–11.2

VII

Plastics and articles thereof; rubber and articles thereof

445.0

5.8

9.1

39

Plastics and articles thereof

371.4

4.9

10.2

IV

Prepared foodstuffs; beverages, spirits and vinegar; tobacco and manufactured tobacco substitutes

435.7

5.7

10.3

22

Beverages, spirits and vinegar

96.2

1.3

2.0

 

Other

1 979.8

26.0

–0.6


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

2015−04

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

1 575.0

−16.3

1 026.4

−4.6

65.2

1 591.1

−24.0

−16.1

2016−02

1 778.9

12.9

1 033.5

0.7

58.1

1 882.9

18.3

−104.0

2016−03

1 864.7

4.8

1 060.0

2.6

56.8

2 114.2

12.3

−249.5

2016−04

1 791.2

−3.9

983.5

−7.2

54.9

2 033.9

−3.8

−242.7


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


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