Analytics, Baltic Export, Foreign trade , Lithuania, Markets and Companies

International Internet Magazine. Baltic States news & analytics Thursday, 23.11.2017, 16:42

The foreign trade deficit of Lithuania amounted to EUR 111.9 mln in September

Irina Plačienė, Statistics Lithuania, 10.11.2017.Print version
Statistics Lithuania informs that, based on non-final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports in September 2017 amounted to EUR 2.30 billion, imports – EUR 2.42 billion. Exports of goods of Lithuanian origin amounted to EUR 1.41 billion. The foreign trade deficit of Lithuania amounted to EUR 111.9 million.

Over the month (September 2017, against August), exports increased by 3%, imports decreased by 0.5%. The increase in exports was influenced by an increase in exports of cereal (4 times), pharmaceuticals (23.7%), edible vegetables (84%). The decrease in imports was determined by a decrease in imports of machinery and mechanical appliances, parts thereof (9.4%), edible fruit and nuts (28.5%), miscellaneous chemical products (28.2%). Mineral products excluded, exports increased by 3.9%, imports decreased by 2%. Exports of goods of Lithuanian origin increased by 8.2%, mineral products excluded – 10.3%.




Over the year (September 2017, against September 2016), exports increased by 13.2, imports – 13.6%. The increase in exports was influenced by an increase in exports of petroleum products (21.5%) (amount in tonnes increased by 3.4%), electrical machinery and equipment and parts thereof (23.1%), cereal (32.7%). The increase in imports was determined by an increase in imports of crude petroleum (59%) (amount in tonnes increased by 24.4%), ground vehicles (29.7%), iron and steel (43.7%). Mineral products excluded, exports increased by 11.7, imports – 8.2%. Exports of goods of Lithuanian origin increased by 11.4%, mineral products excluded – 8.3%.


In January–September 2017, against the same period of 2016, exports and imports increased by 16.7 and 16.5% respectively. The increase in exports was determined by an increase in exports of petroleum products (23.8%) (amount in tonnes decreased by 4.3%), machinery and mechanical appliances, parts thereof (24.7%), electrical machinery and equipment and parts thereof (28.1%). The increase in imports was influenced by an increase in imports of crude petroleum (56.7%) (amount in tonnes increased by 8.4%), ground vehicles (21%), machinery and mechanical appliances, parts thereof (14.4%). Mineral products excluded, exports increased by 15.3, imports – 13.5%. Exports of goods of Lithuanian origin increased by 14.7%, mineral products excluded – 10.6%.


In January–September 2017, the most important Lithuania’s partners in exports were Russia (14.4%), Latvia (10.2%), Poland (8.4%) and Germany (7.4%), while in imports – Russia (13.2%), Germany (12.4%), Poland (10.7%) and Latvia (7%). Most of the goods of Lithuanian origin were exported to Germany (9.6%), Poland (9.2%), the United States (7.8%), Latvia (7.6%) and Sweden (7.5%).




In January–September 2017, the largest share in Lithuania’s exports and imports fell within mineral products (14.5 and 19.7 respectively), machinery and mechanical appliances, electrical equipment (15.6 and 17.9% respectively) and products of the chemical and allied industries (10.1 and 11.7% respectively).  As for the goods of Lithuanian origin, the largest share in exports fell within petroleum products (19.4%), miscellaneous manufactured articles (11.7%), prepared foodstuffs, beverages, spirits and tobacco (8.7%), live animals, animal products (7.8%).


Table 1. Foreign trade balance, EUR million

 

Exports

Imports

Balance

January­–September  2016 

16 467.8

18 124.3

–1 656.5

I quarter

5 201.7

5 623.3

–421.6

II quarter

5 535.0

6 321.4

–786.5

September

2 034.9

2 126.4

–91.5

III quarter

5 731.1

6 179.6

–448.5

IV quarter

6 139.2

6 575.2

–436.1

2016 

22 607.0

24 699.6

–2 092.6

January–September 2017 

1 9219.9

2 1121.7

–1 901.8

January

1 870.0

2 089.3

–219.3

February

1 999.6

2 220.2

–220.6

March

2 252.6

2 457.0

–204.4

I quarter

6 122.3

6 766.5

–644.2

April

1 979.6

2 318.7

–339.1

May

2 267.9

2 498.6

–230.8

June

2 275.3

2 349.6

–74.3

II quarter

6 522.8

7 166.9

–644.1

July1

2 036.0

2 346.9

–310.9

August1

2 235.6

2 426.2

–190.7

September

2 303.2

2 415.1

–111.9

III quarter

6 574.8

7 188.3

–613.5

_________

1 Revised data.


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

Total

19 219.9

100.0

16.7

21 121.7

100.0

16.5

Capital goods

2 515.9

13.1

29.5

3 535.5

16.7

19.4

Intermediate goods

9 724.1

50.6

15.2

11 780.5

55.8

19.2

Consumption goods

5 786.5

30.1

11.8

5 032.4

23.8

8.9

Motor spirit

893.7

4.6

30.7

34.4

0.2

16.3

Passenger motor cars

223.5

1.2

38.2

711.0

3.4

15.1

Other

76.2

0.4

32.5

27.9

0.1

96.3


Table 3. Structure of and changes in trade with key foreign partners2 in January–September 2017

Total

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

19 219.9

100.0

59.1

16.7

Total

21 121.7

100.0

16.5

EU28

11 385.7

59.2

69.0

12.5

EU28

14 766.7

69.9

14.4

  Euro area

7 138.0

37.1

65.5

14.1

  Euro area

9 927.3

47.0

13.8

Russia

2 767.9

14.4

7.9

28.5

Russia

2 789.9

13.2

18.1

Latvia

1 957.7

10.2

44.2

18.9

Germany

2 628.5

12.4

15.9

Poland

1 606.9

8.4

64.7

3.7

Poland

2 251.6

10.7

13.1

Germany

1 425.6

7.4

76.8

11.1

Latvia

1 486.8

7.0

2.8

United States

1 009.4

5.3

88.2

19.7

Netherlands

1 093.2

5.2

27.5

Estonia

957.4

5.0

48.4

8.4

Italy

1 044.3

4.9

4.6

Sweden

955.3

5.0

89.1

23.3

Sweden

859.7

4.1

5.7

Belarus

737.4

3.8

13.5

21.3

France

775.0

3.7

27.6

Netherlands

726.8

3.8

84.3

34.6

Estonia

672.3

3.2

10.0

United Kingdom

695.3

3.6

85.0

–1.5

United Kingdom

672.3

3.2

36.9

Norway

577.9

3.0

89.5

13.5

Belgium

656.4

3.1

17.0

Ukraine

500.2

2.6

71.8

24.4

China

626.8

3.0

18.9

Denmark

494.6

2.6

80.2

10.1

Kazakhstan

608.2

2.9

2.1 times

France

447.0

2.3

83.7

–5.1

Finland

556.6

2.6

23.8

Italy

440.4

2.3

82.5

21.0

Belarus

495.3

2.3

–9.4

Other

3 920.1

20.3

66.8

19.4

Other

3 904.8

18.5

18.3

_____________

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–September 2017

CN sections, chapters

Value, EUR million

Share, %

Share of goods of Lithuanian origin, %

Change, against the respective period of 2016, %

 

Total

19 219.9

100.0

59.1

16.7

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

3 002.0

15.6

25.9

26.2

84

Machinery and mechanical appliances; parts thereof

1 663.0

8.7

16.6

24.7

V

Mineral products

2 783.4

14.5

84.9

25.8

27

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

2 755.3

14.3

84.9

26.0

2710

Petroleum products

2 476.9

12.9

88.9

23.8

VI

Products of the chemical or allied industries

1 942.5

10.1

42.6

6.7

31

Fertilisers

536.9

2.8

84.7

1.8

XX

Miscellaneous manufactured articles

1 559.8

8.1

85.2

12.1

94

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

1 440.2

7.5

89.2

12.4

IV

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

1 397.9

7.3

70.5

14.3

24

Tobacco and manufactured tobacco substitutes

373.9

1.9

99.6

33.5

VII

Plastics and articles thereof; rubber and articles thereof

1 282.7

6.7

68.2

15.8

39

Plastics and articles thereof

1 191.4

6.2

72.6

16.3

XV

Base metals and articles of base metal

1 132.4

5.9

50.0

32.0

73

Articles of iron or steel

482.1

2.5

62.7

20.8

II

Vegetable products

1 017.9

5.3

61.2

–7.7

10

Cereals

375.7

2.0

93.1

–16.2

 

Other

5 101.3

26.5

59.0

16.6


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

CN sections, chapters

Value, EUR million

Share, %

Change, against the respective period of 2016, %

 

Total

11 353.8

100.0

14.7

V

Mineral products

2362.0

20.8

33.5

27

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

2 340.2

20.6

33.7

2710

Petroleum products

2 203.0

19.4

33.3

XX

Miscellaneous manufactured articles

1 329.0

11.7

11.2

94

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

1 285.3

11.3

12.3

IV

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

985.4

8.7

13.7

24

Tobacco and manufactured tobacco substitutes

372.3

3.3

34.5

I

Live animals; animal products

889.8

7.8

24.7

     04

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

403.9

3.6

43.1

VII

Plastics and articles thereof; rubber and articles thereof

874.6

7.7

13.1

39

Plastics and articles thereof

864.6

7.6

13.3

VI

Products of the chemical or allied industries

827.0

7.3

3.3

31

Fertilisers

454.6

4.0

3.1

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

777.1

6.8

25.5

     85

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

 

501.6

4.4

30.2

 

Other

3 308.9

29.2

4.6


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

CN sections, chapters

Value, EUR million

Share, %

Change, against the respective period of 2016, %

 

Total

21 121.7

100.0

16.5

V

Mineral products

4 161.2

19.7

30.6

27

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

3 974.4

18.8

32.2

2709

Crude petroleum

2 664.1

12.6

56.7

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

3 789.4

17.9

16.1

84

Machinery and mechanical appliances; parts thereof

2 184.7

10.3

14.4

VI

Products of the chemical or allied industries

2 479.8

11.7

11.1

30

Pharmaceutical products

758.4

3.6

4.9

XVII

Vehicles, aircraft, vessels and associated transport equipment

2 041.2

9.7

16.0

87

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

1 970.5

9.3

21.0

XV

Base metals and articles of base metal

1 376.5

6.5

24.8

72

Iron and steel

458.6

2.2

37.0

VII

Plastics and articles thereof; rubber and articles thereof

1 192.5

5.6

15.3

39

Plastics and articles thereof

996.9

4.7

16.1

IV

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

1 065.1

5.0

6.7

22

Beverages, spirits and vinegar

290.3

1.4

20.3

 

Other

5 016.0

23.9

10.3

 

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

2016-09

2 034.9

8.7

1 263.4

10.0

62.1

2 126.4

4.6

−91.5

2016-10

2 031.4

−0.2

1 222.2

−3.3

60.2

2 199.9

3.5

−168.5

2016-11

2 083.8

2.6

1 279.1

4.7

61.4

2 115.5

−3.8

−31.8

2016-12

2 024.0

−2.9

1 185.5

–7.3

58.6

2 259.7

6.8

−235.8

2017-01

1 870.0

−7.6

1 187.5

0.2

63.5

2 089.3

−7.5

−219.3

2017-02

1 999.6

6.9

1 205.5

1.5

60.3

2 220.2

6.3

−220.6

2017-03

2 252.6

12.7

1 311.7

8.8

58.2

2 457.0

10.7

−204.4

2017-04

1 979.6

−12.1

1 130.5

−13.8

57.1

2 318.7

−5.6

−339.1

2017-05

2 267.9

14.6

1 308.2

15.7

57.7

2 498.6

7.8

−230.8

2017-06

2 275.3

0.3

1 340.7

2.5

58.9

2 349.6

−6.0

−74.3

2017-07

2 036.0

−10.5

1 160.3

−13.5

57.0

2 346.9

−0.1

−310.9

2017-08

2 235.6

9.8

1 301.5

12.2

58.2

2 426.2

3.4

−190.7

2017-09

2 303.2

3.0

1 407.9

8.2

61.1

2 415.1

−0.5

−111.9


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


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