Analytics, Foreign trade , Lithuania, Statistics

International Internet Magazine. Baltic States news & analytics Sunday, 20.10.2019, 14:47

Lithuania's Jan-Feb exports up 16.1%

Irina Plačienė Chief Specialist, Foreign Trade Statistics Division, 07.04.2017.Print version
Statistics Lithuania informs that, based on non-final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports of goods in February 2017 amounted to 2 bln, imports – EUR 2.2 bln. Exports of goods of Lithuanian origin amounted to EUR 1.2 bln. The foreign trade deficit of Lithuania amounted to EUR 250.2 mln.

Over the month (February 2017, against January 2017), exports increased by 6.8, imports – by 7.6%. The increase in exports was influenced by an increase in exports of petroleum products (10.3%), machinery and mechanical appliances, parts thereof (20.5%), ground vehicles (28.3%), live trees and other plants, bulbs, cut flowers (2.8 times). An increase in imports was determined by an increase in imports of ground vehicles (48.7%), machinery and mechanical appliances, parts thereof (14.5%), live trees and other plants, bulbs, cut flowers (2.4 times). Mineral products excluded, exports increased by 6.3, imports – by 15.1%. Exports of goods of Lithuanian origin increased by 1.2%, mineral products excluded – decreased by 3.3%.


Over the year (February 2017, against February 2016), exports increased by 12.9, imports – by 18.8%. The increase in exports was influenced by an increase in exports of petroleum products (75.3%), machinery and mechanical appliances, parts thereof (12.4%), iron and steel (2.1 times). The increase in imports was determined by an increase in imports of crude petroleum (2.1 times) (in tonnes – by 2.1%), ground vehicles (17.7%), electrical machinery and equipment and parts thereof (20.4%). Mineral products excluded, exports increased by 5.3, imports – by 10.2%. Exports of goods of Lithuanian origin increased by 15.2, mineral products excluded – by 1.3%.


In January–February 2017, against the same period of 2016, exports increased by 16.1, imports – by 23.5%. The increase in exports was determined by an increase in exports of petroleum products (61%), machinery and mechanical appliances, parts thereof (20.3 %), and furniture (15.8%). The increase in imports was determined by an increase in imports of crude petroleum (2.4 times) (in tonnes – by 22.3%), ground vehicles (19.2%), and electrical machinery and equipment and parts thereof (19.8%). Mineral products excluded, exports increased by 9.8, imports – by 13.3%. Exports of goods of Lithuanian origin increased by 15.3%, mineral products excluded – by 5.2%.


In January–February 2017, the most important Lithuania's partners in exports were Russia (11.9%), Poland (9.7%), Latvia (9.3%), and Germany (7.5%), in imports – Russia (17.4%), Germany (10.9%), Poland (9.9%), and Latvia (7.4%). Most of the goods of Lithuanian origin were exported to Poland (10.1%), Germany (9.2%), the United States (9%), Sweden (7.5%), and Latvia (6.7%).


In January–February 2017, the largest share in Lithuania's exports and imports fell within mineral products (17.1 and 24.2% respectively), machinery and mechanical appliances, electrical equipment (14.4 and 16.6% respectively), and products of the chemical and allied industries (10.7 and 11.4% respectively). As for the goods of Lithuanian origin, the largest share in exports fell within petroleum products (22.4%), miscellaneous manufactured articles (11.8%), products of the chemical and allied industries (8.3%), prepared foodstuffs, beverages, spirits and tobacco (8.2%).


Table 1. Foreign trade balance
EUR million

 

Exports

Imports

Balance

January–February 2016

3 330.4

3 509.6

–179.2

    January

1 561.4

1 618.6

–57.2

    February

1 769.0

1 891.0

–122.0

    March

1 882.2

2 136.7

–254.5

I quarter

5 212.6

5 646.3

–433.7

II quarter

5 544.4

6 363.5

–819.1

III quarter

5 724.7

6 251.1

–526.4

IV quarter

6 127.2

6 574.8

–447.6

20161

22 608.9

24 835.7

–2 226.8

January–February 2017

3 865.4

4 334.4

–469.0

    January2

1 868.8

2 087.6

–218.8

    February

1 996.6

2 246.8

–250.2

____________________
1 Non-final data
2 Revised data

Fig. 1. Exports and imports in January–February 2012–2017

Table 2. Structure of and changes in foreign trade by BEC, January–February 2017

BEC

Exports

Imports

Value, EUR million

Share, %

Change, against the respective period of 2016, %

Value, EUR million

Share, %

Change, against the respective period of 2016, % or times (t.)

Total

3 865.4

100.0

16.1

4334.4

100.0

23.5

Capital goods

414.8

10.7

13.4

615.4

14.2

15.7

Intermediate goods

1 999.8

51.7

17.1

2 532.4

58.4

32.2

Consumption goods

1 185.7

30.7

9.9

1 032.7

23.8

10.0

Motor spirit

207.3

5.4

56.3

12.7

0.3

3.5 t.

Passenger motor cars

38.0

1.0

5.4

129.7

3.0

9.6

Other

19.9

0.5

97.1

11.4

0.3

9.5 t.

 

Table 3. Structure of and changes in trade with key foreign partners3 in January–February 2017

 

Exports

 

Imports

Value, EUR million

Share, %

Share of goods of Lithuanian origin, %

Change, against the respective period of 2016, %

Value, EUR million

Share, %

Change, against the respective period of 2016, %

Total

3 865.4

100.0

61.1

16.1

Total

4 334.4

100.0

23.5

EU28

2 378.1

61.5

68.6

12.5

EU28

2 883.7

66.5

17.9

  Euro area

1 453.9

37.6

65.8

13.8

  Euro area

1 935.9

44.7

17.1

Russia

459.6

11.9

8.2

20.3

Russia

754.9

17.4

63.4

Poland

373.2

9.7

64.1

17.3

Germany

470.7

10.9

13.6

Latvia

360.1

9.3

43.8

15.9

Poland

427.8

9.9

11.9

Germany

290.4

7.5

74.6

4.3

Latvia

321.3

7.4

7.3

United States

245.0

6.3

86.9

26.9

Netherlands

258.5

6.0

45.3

Sweden

206.3

5.3

86.4

32.0

Italy

184.1

4.2

14.0

Estonia

196.2

5.1

48.5

16.8

Sweden

173.6

4.0

27.8

Belarus

142.4

3.7

13.2

34.6

France

134.5

3.1

16.4

United Kingdom

141.4

3.7

82.1

–17.1

Belgium

133.3

3.1

11.6

Netherlands

132.5

3.4

82.1

10.0

United Kingdom

131.2

3.0

28.6

France

127.3

3.3

87.9

19.3

Estonia

128.3

3.0

9.7

Denmark

113.7

2.9

78.0

5.4

Kazakhstan

124.3

2.9

63.7

Norway

112.6

2.9

89.5

0.2

China

117.5

2.7

–1.7

Italy

87.7

2.3

75.2

16.6

Finland

116.4

2.7

40.9

Ukraine

77.0

2.0

65.7

23.0

Belarus

97.2

2.2

–3.2

Other

800.0

20.7

70.5

20.8

Other

760.8

17.5

18.1

____________________
Partner country: in case of exports – recipient country; in case of imports in trade with the EU countries – country of consignment, in trade with the non-EU countries – country of origin of the good.

Table 4. Commodity structure of and changes in exports in January–February 2017

CN sections, chapters

Value, EUR million

Share, %

Share of goods of Lithuanian origin, %

Change, against the respective period of 2016, %

 

Total

3 865.4

100.0

61.1

16.1

V

Mineral products

660.0

17.1

84.5

60.4

27

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

656.2

17.0

84.8

61.7

2710

Petroleum products

604.0

15.6

87.7

61.0

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

555.8

14.4

27.7

18.2

84

Machinery and mechanical appliances; parts thereof

304.3

7.9

17.9

20.3

VI

Products of the chemical or allied industries

415.5

10.7

47.0

2.2

31

Fertilisers

132.1

3.4

88.7

–10.5

XX

Miscellaneous manufactured articles

321.3

8.3

86.9

14.9

94

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

302.5

7.8

89.9

15.8

IV

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

280.9

7.3

69.1

11.3

24

Tobacco and manufactured tobacco substitutes

76.1

2.0

99.3

33.3

VII

Plastics and articles thereof; rubber and articles thereof

246.8

6.4

68.4

13.2

39

Plastics and articles thereof

230.2

6.0

72.4

12.6

XV

Base metals and articles of base metal

209.8

5.4

52.5

39.2

73

Articles of iron or steel

86.3

2.2

64.8

14.8

XI

Textiles and textile articles

207.8

5.4

58.4

3.8

62

Articles of apparel and clothing accessories, not knitted or crocheted

64.8

1.7

55.9

0.5

 

Other

967.5

25.0

60.2

2.8

 

Table 5. Commodity structure of and changes in exports of goods of Lithuanian origin in January–February 2017

CN sections, chapters

Value, EUR million

Share, %

Change, against the respective period of 2016, %

 

Total

2 362.5

100.0

15.3

V

Mineral products

557.6

23.6

67.2

27

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

556.3

23.5

69.2

2710

Petroleum products

529.9

22.4

70.2

XX

Miscellaneous manufactured articles

279.1

11.8

12.3

94

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

272.0

11.5

13.5

VI

Products of the chemical or allied industries

195.1

8.3

2.5

31

Fertilisers

117.2

5.0

–7.2

IV

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

194.0

8.2

9.8

24

Tobacco and manufactured tobacco substitutes

75.5

3.2

32.9

VII

Plastics and articles thereof; rubber and articles thereof

168.7

7.1

8.4

39

Plastics and articles thereof

166.6

7.1

8.3

I

Live animals; animal products

158.8

6.7

16.0

     04

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

65.6

2.8

30.3

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

154.2

6.5

13.0

85

Electrical machinery and equipment and parts thereof; sound recorders and reproducers

99.7

4.2

14.7

 

Other

655.0

27.8

–2.3

 

Table 6. Commodity structure of and changes in imports in January–February 2017

CN sections, chapters

Value, EUR million

Share, %

Change, against the respective period of 2016, % or times (t.)

 

Total

4 334.4

100.0

23.5

V

Mineral products

1 047.0

24.2

72.4

27

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

1 010.5

23.3

77.7

2709

Crude petroleum

681.1

15.7

2.4 t.

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

717.8

16.6

14.1

84

Machinery and mechanical appliances; parts thereof

383.1

8.8

9.6

VI

Products of the chemical or allied industries

495.3

11.4

10.1

30

Pharmaceutical products

176.3

4.1

12.5

XVII

Vehicles, aircraft, vessels and associated transport equipment

361.2

8.3

17.7

87

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

352.8

8.1

19.2

XV

Base metals and articles of base metal

257.9

6.0

29.1

72

Iron and steel

88.6

2.0

53.9

VII

Plastics and articles thereof; rubber and articles thereof

228.6

5.3

15.1

39

Plastics and articles thereof

192.0

4.4

15.3

IV

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

211.9

4.9

3.5

22

Beverages, spirits and vinegar

60.4

1.4

44.5

 

Other

1 014.7

23.3

11.1

 

Fig. 2. Exports and imports dynamics, 2011–2017

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

2016-02

1 769.0

13.3

1 031.6

1.4

58.3

1 891.0

16.8

−122.0

2016-03

1 882.2

6.4

1 079.4

4.6

57.3

2 136.7

13.0

−254.5

2016-04

1 806.6

−4.0

996.3

−7.7

55.1

2 072.1

−3.0

−265.5

2016-05

1 886.4

4.4

1 128.9

13.3

59.8

2 186.2

5.5

−299.8

2016-06

1 851.3

−1.9

1 111.4

−1.6

60.0

2 105.2

−3.7

−253.9

2016-07

1 823.2

−1.5

1 060.6

−4.6

58.2

2 048.6

−2.7

−225.4

2016-08

1 871.6

2.7

1 137.6

7.3

60.8

2 052.2

0.2

−180.6

2016-09

2 029.9

8.5

1 245.3

9.5

61.3

2 150.3

4.8

−120.4

2016-10

2 030.4

0.0

1 214.8

−2.4

59.8

2 203.8

2.5

−173.4

2016-11

2 080.6

2.5

1 261.2

3.8

60.6

2 116.8

−3.9

−36.2

2016-12

2 016.2

−3.1

1 158.3

–8.2

57.5

2 254.2

6.5

−238.0

2017-01

1 868.8

−7.3

1 174.3

1.4

62.8

2 087.6

−7.4

−218.8

2017-02

1 996.6

6.8

1 188.2

1.2

59.5

2 246.8

7.6

−250.2


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







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