Analytics, Foreign trade , Lithuania, Statistics
International Internet Magazine. Baltic States news & analytics
Saturday, 20.04.2024, 15:07
Lithuania's Jan-Feb exports up 16.1%
Print version |
|---|
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 |
____________________
3 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".
«The Baltic Course» Is Sold and Stays in Business!
