Analytics, Foreign trade , Lithuania, Statistics
International Internet Magazine. Baltic States news & analytics
Thursday, 28.03.2024, 23:56
Lithuanian exports in April 2017 amounted to 2 bln
Over the month (April 2017, against March), exports decreased
by 12.3, imports – 6.6%. The decrease in exports was influenced by a
decrease in exports of petroleum products (11.6%), furniture (18.3%) and fertilisers
(34.8%). The decrease in imports was influenced by a decrease in imports of
ground vehicles (24%), machinery and mechanical appliances, parts thereof (10. %)
and pharmaceuticals (15%). Mineral products excluded, exports decreased by
12.4, imports – 11.3%. Exports of goods of Lithuanian origin decreased by 14.2 %,
mineral products excluded – 16%.
Over the year (April 2017, against April 2016), exports increased
by 9.4, imports – 10.7%. The increase in exports was influenced by an
increase in exports of petroleum products (46.2%) (amount in tons increased by
3.7%), machinery and mechanical appliances, parts thereof (19.2%) and ground
vehicles (35%). The increase in imports was determined by an increase in imports
of crude petroleum (72.1%) (amount in tons increased by 16%), electrical
machinery and equipment and parts thereof (21.4%), machinery and mechanical
appliances, parts thereof (13.1%). Mineral products excluded, exports increased
by 6.1, imports – 5.5%. Exports of goods of Lithuanian origin increased by 12.3%,
mineral products excluded – 3.3%.
In January–April 2017, against the same period of 2016, exports
and imports increased by 15.4 and 17.4% respectively. The increase in
exports was determined by an increase in exports of petroleum products (47.9%)
(amount in tons decreased by 4.8 %), machinery and mechanical appliances, parts
thereof (21.2%), electrical machinery and equipment and parts thereof (15.9%).
The increase in imports was influenced by an increase in imports of crude
petroleum (90.9%) (amount in tons increased by 6.9%), ground vehicles (13%),
electrical machinery and equipment and parts thereof (15%). Mineral products
excluded, exports increased by 11.4, imports – 10.9%. Exports of goods of Lithuanian
origin increased by 16.5%, mineral products excluded – 9%.
In January–April 2017, the most important Lithuania’s partners
in exports were Russia (13.5%), Latvia (9.7%), Poland (8.7%) and Germany (7.5%),
while in imports – Russia (13.4%), Germany (11.7%), Poland (10.5%) and Latvia
(7.3%). Most of the goods of Lithuanian origin were exported to Germany (9.6%),
Poland (9%), the United States (8.5%), Sweden (7.6%) and Latvia (7.1%).
In January–April 2017, the largest share in Lithuania’s
exports and imports fell within mineral products (14.6 and 20.8% respectively),
machinery and mechanical appliances, electrical equipment (15.2 and 17.5%
respectively) and products of the chemical and allied industries (10.6 and 12.2%
respectively). As for the goods of Lithuanian origin, the largest share
in exports fell within petroleum products (19.2%), miscellaneous manufactured
articles (11.9%), prepared foodstuffs, beverages, spirits and tobacco (8.9%),
products of the chemical and allied industries (7.9%).
Table 1. Foreign trade balance
EUR million
|
Exports |
Imports |
Balance |
January–April 2016 |
7 019.2 |
7 718.4 |
–699.2 |
I quarter |
5 212.6 |
5 646.3 |
–433.7 |
April |
1 806.6 |
2 072.1 |
–265.5 |
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–April 2017 |
8 100.1 |
9 060.6 |
–960.5 |
January |
1 870.0 |
2 089.3 |
–219.3 |
February2 |
1 999.6 |
2 220.2 |
–220.6 |
March2 |
2 253.3 |
2 457.2 |
–203.9 |
I quarter 2 |
6 123.0 |
6 766.7 |
–643.7 |
April |
1 977.1 |
2 293.9 |
–316.8 |
_____________________
1 Non-final data
2 Revised data
Fig. 1. Exports and imports in January–April 2012–2017