Analytics, Baltic Export, Foreign trade , Lithuania, Markets and Companies
International Internet Magazine. Baltic States news & analytics
Friday, 29.03.2024, 16:29
The foreign trade deficit of Lithuania amounted to EUR 111.9 mln in September
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 |
_____________
2 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”.
For more information, see the Database of Indicators.