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International Internet Magazine. Baltic States news & analytics Saturday, 18.08.2018, 21:28

The foreign trade deficit of Lithuania amounted to EUR 0.26 bln in April

Zita Kuzmickaitė, Statistics Lithuania, 11.06.2018.Print version
Statistics Lithuania informs that, based on non-final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports in April 2018 amounted to EUR 2.07 billion, imports – EUR 2.33 billion. Exports of goods of Lithuanian origin amounted to EUR 1.18 billion. The foreign trade deficit of Lithuania amounted to EUR 0.26 billion.

Over the month (April, against March), exports decreased by 13.4, imports – 10.5%. The decrease in exports was influenced by a decrease in exports of petroleum products (49.1%), machinery and mechanical appliances, parts thereof (11.3%), furniture (8.4%). The decrease in imports was determined by a decrease in imports of crude petroleum (57%), machinery and mechanical appliances, parts thereof (9.2%), ground vehicles (4.8%). Mineral products excluded, exports decreased by 8.8, imports – 4.4%. Exports of goods of Lithuanian origin decreased by 16.8%, mineral products excluded – 10.3%.




Over the year (April 2018, against April 2017), exports increased by 4.4, imports – 1.1%. The increase in exports was influenced by an increase in exports of furniture (22.7%), miscellaneous chemical products (66.1%), tobacco and manufactured tobacco substitutes (41.3%). The increase in imports was determined by an increase in imports of ground vehicles (27.1%), iron and steel (39%). Mineral products excluded, exports increased by 9.6, imports – 6.9%. Exports of goods of Lithuanian origin increased by 3.6%, mineral products excluded – 11.2%.


In January–April 2018, against the same period of 2017, exports and imports increased by 6.4 and 6.6% respectively. The increase in exports was determined by an increase in exports of electrical machinery and equipment and parts thereof (14.2%), miscellaneous chemical products (65%), furniture (12.3%). The increase in imports was determined by an increase in imports of ground vehicles (18.6%), crude petroleum (14.4%) (amount in tonnes decreased by 5.7%), machinery and mechanical appliances, parts thereof (6.7%). Mineral products excluded, exports increased by 9, imports – 6.7%. Exports of goods of Lithuanian origin increased by 6.6%, mineral products excluded – 8.7%.


In January–April 2018, the most important Lithuania’s partners in exports were Russia (13.6%), Latvia (9.4%), Poland (8.2%) and Germany (7.6%), while in imports – Russia (13.4%), Germany (12.7%), Poland (11.5%) and Latvia (7.2%). Most of the goods of Lithuanian origin were exported to Germany (9.6%), Poland (8.9%), the United States (8.9%), Sweden (7.5%) and Latvia (6.6%).




In January–April 2018, the largest share in Lithuania’s exports and imports fell within mineral products (12.6 and 19.7% respectively), machinery and mechanical appliances, electrical equipment (15.5 and 17.5% respectively) and products of the chemical and allied industries (11.4 and 11.9% respectively).  As for the goods of Lithuanian origin, the largest share in exports fell within petroleum products (17.6%), miscellaneous manufactured articles (12.3%), prepared foodstuffs, beverages, spirits and tobacco (9.1%), products of the chemical and allied industries (8.7%).


Table 1. Foreign trade balance, EUR million

 

Exports

Imports

Balance

January–April 2017

8 106.4

9 014.0

–907.6

January

1 882.4

2 070.8

–188.5

February

2 004.8

2 199.4

–194.7

March

2 239.2

2 437.9

–198.7

I quarter

6 126.3

6 708.1

–581.8

April

1 980.1

2 305.9

–325.8

II quarter

6 506.0

7 167.9

–661.9

III quarter

6 575.1

7 230.6

–655.5

IV quarter

7 221.6

7 656.2

–434.6

20171

26 429.1

28 763.0

–2 333.9

January–April 2018

8 627.7

9 607.7

–980.0

January

2 110.0

2 373.4

–263.4

February2

2 061.4

2 298.7

–237.3

March2

2 388.5

2 605.0

–216.5

I quarter2

6 559.9

7 277.1

–717.2

April

2 067.8

2 330.6

–262.8

_______________________
1 Non-final data
2 Revised data

Table 2. Structure of and changes in foreign trade by BEC in January–April 2018 

BEC

Exports

Imports

Value, EUR million

Share, %

Change, against the respective period of 2017, %

Value, EUR million

Share, %

Change, against the respective period of 2017, %

Total

8 627.7

100.0

6.4

9 607.7

100.0

6.6

Capital goods

1 113.0

12.9

12.5

1 637.3

17.0

12.8

Intermediate goods

4 408.6

51.1

6.2

5 387.3

56.1

7.9

Consumption goods

2 598.8

30.1

5.2

2 206.3

23.0

–1.6

Motor spirit

365.0

4.2

–1.8

31.8

0.3

78.2

Passenger motor cars

95.5

1.1

8.5

339.3

3.5

15.9

Other

46.9

0.5

30.3

5.7

0.1

–60.0


Table 3. Structure of and changes in trade with key foreign partners3 in January–April 2018

 

Exports

 

Imports

Value, EUR million

Share, %

Share of goods of Lithuanian origin, %

Change, against the respective period of 2017, %

Value, EUR million

Share, %

Change, against the respective period of 2017, %

Total

8 627.7

100.0

60.1

6.4

Total

9 607.7

100.0

6.6

EU28

5 149.6

59.7

68.5

7.0

EU28

6 731.0

70.1

6.2

  Euro area

3 159.4

36.6

64.4

6.4

  Euro area

4 528.4

47.1

6.1

Russia

1 170.6

13.6

7.7

7.4

Russia

1 285.6

13.4

9.7

Latvia

808.6

9.4

42.3

3.3

Germany

1 219.2

12.7

14.5

Poland

708.9

8.2

65.3

0.5

Poland

1 102.8

11.5

16.3

Germany

654.7

7.6

76.1

7.8

Latvia

695.7

7.2

5.5

United States

493.7

5.7

93.1

4.8

Italy

492.3

5.1

17.1

Sweden

438.3

5.1

88.6

3.9

Netherlands

488.3

5.1

–10.9

Estonia

403.7

4.7

44.5

1.2

Sweden

363.6

3.8

–2.3

United Kingdom

371.6

4.3

84.4

23.4

Kazakhstan

359.2

3.7

9.8

Belarus

332.8

3.9

12.7

7.4

France

332.2

3.5

1.6

Norway

265.2

3.1

88.8

6.5

Belgium

313.5

3.3

9.1

Netherlands

260.6

3.0

79.3

1.8

Estonia

295.5

3.1

3.6

France

253.0

2.9

81.5

18.0

China

274.5

2.9

4.8

Denmark

237.8

2.8

82.5

5.3

United Kingdom

254.0

2.6

–12.7

Ukraine

222.3

2.6

67.9

20.8

Finland

251.5

2.6

3.5

Italy

199.3

2.3

78.0

8.1

Belarus

224.9

2.3

5.7

Other

1 806.6

20.8

69.6

6.0

Other

1 654.9

17.2

3.9

________________________________

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–April 2018

CN sections, chapters

Value, EUR million

Share, %

Share of goods of Lithuanian origin, %

Change, against the respective period of 2017, %

 

Total

8 627.7

100.0

60.1

6.4

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

1 333.2

15.5

29.2

8.5

84

Machinery and mechanical appliances; parts thereof

715.3

8.3

18.7

3.9

V

Mineral products

1 082.9

12.6

89.0

–8.4

27

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

1 072.0

12.4

89.6

–8.6

2710

Petroleum products

957.9

11.1

95.4

–10.5

VI

Products of the chemical or allied industries

980.2

11.4

46.1

14.5

31

Fertilizers

254.4

2.9

85.5

–2.6

XX

Miscellaneous manufactured articles

751.5

8.7

85.0

13.0

94

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

694.9

8.1

89.4

12.3

IV

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

659.0

7.6

71.8

10.1

24

Tobacco and manufactured tobacco substitutes

205.5

2.4

98.2

28.3

VII

Plastics and articles thereof; rubber and articles thereof

572.4

6.6

72.2

7.1

39

Plastics and articles thereof

534.7

6.2

76.2

7.6

XV

Base metals and articles of base metal

536.6

6.2

53.5

14.5

73

Articles of iron or steel

217.5

2.5

64.6

14.9

 

Other

2 711.9

31.4

57.8

5.4

 

Table 5. Commodity structure of and changes in exports of goods of Lithuanian origin in January–April 2018

CN sections, chapters

Value, EUR million

Share, %

Change, against the respective period of 2017, %

 

Total

5 184.7

100.0

6.6

V

Mineral products

964.2

18.6

–1.8

27

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

960.3

18.5

–1.5

2710

Petroleum products

913.6

17.6

–0.8

XX

Miscellaneous manufactured articles

638.8

12.3

10.9

94

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

621.3

12.0

11.0

IV

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

473.1

9.1

9.3

24

Tobacco and manufactured tobacco substitutes

201.8

3.9

27.0

VI

Products of the chemical or allied industries

451.8

8.7

15.1

31

Fertilisers

217.6

4.2

–2.4

VII

Plastics and articles thereof; rubber and articles thereof

413.0

8.0

12.9

39

Plastics and articles thereof

407.5

7.9

12.7

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

389.1

7.5

17.4

85

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

 

255.5

4.9

21.9

I

Live animals; animal products

344.5

6.6

–2.0

04

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

141.7

2.7

2.2

 

Other

1 510.2

29.2

5.4

 

Table 6. Commodity structure of and changes in imports in January–April 2018

CN sections, chapters

Value, EUR million

Share, %

Change, against the respective period of 2017, %

 

Total

9 607.7

100.0

6.6

V

Mineral products

1 889.2

19.7

6.1

27

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

1 805.0

18.8

6.1

2709

Crude petroleum

1 178.2

12.3

14.4

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

1 683.4

17.5

5.9

84

Machinery and mechanical appliances; parts thereof

962.7

10.0

6.7

VI

Products of the chemical or allied industries

1 144.7

11.9

3.5

30

Pharmaceutical products

341.9

3.6

–2.6

XVII

Vehicles, aircraft, vessels and associated transport equipment

1 001.6

10.4

18.5

87

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

978.9

10.2

18.6

XV

Base metals and articles of base metal

648.8

6.8

16.3

72

Iron and steel

240.0

2.5

29.5

VII

Plastics and articles thereof; rubber and articles thereof

512.7

5.3

3.6

39

Plastics and articles thereof

430.9

4.5

4.1

IV

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

477.4

5.0

6.3

22

Beverages, spirits and vinegar

121.5

1.3

4.4

 

Other

2 249.9

23.4

2.7

 

Table 7. Volume of and changes in imports and exports 

Period

Exports

Exports of goods of Lithuanian origin

Imports

Balance
EUR million

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, %

2017-04

1 980.1

−11.6

1 138.0

−12.8

57.5

2 305.9

−5.4

−325.8

2017-05

2 261.8

14.2

1 317.2

15.8

58.2

2 505.5

8.7

−243.7

2017-06

2 264.2

0.1

1 344.9

2.1

59.4

2 356.5

−5.9

−92.3

2017-07

2 028.9

−10.4

1 165.4

−13.3

57.4

2 360.5

0.2

−331.6

2017-08

2 237.2

10.3

1 316.3

13.0

58.8

2 433.0

3.1

−195.8

2017-09

2 309.0

3.2

1 426.6

8.4

61.8

2 437.1

0.2

−128.1

2017-10

2 367.8

2.5

1 395.4

−2.2

58.9

2 538.8

4.2

−171.0

2017-11

2 495.1

5.4

1 492.2

6.9

59.8

2 689.9

6.0

−194.8

2017-12

2 358.7

−5.5

1 385.4

−7.2

58.7

2 427.5

−9.8

−68.8

2018-01

2 110.0

−10.5

1 348.8

−2.6

63.9

2 373.4

−2.2

−263.4

2018-02

2 061.4

−2.3

1 239.4

−8.1

60.1

2 298.7

−3.1

−237.3

2018-03

2 388.5

15.9

1 417.6

14.4

59.3

2 605.0

13.3

−216.5

2018-04

2 067.8

−13.4

1 178.9

−16.8

57.0

2 330.6

–10.5

−262.8

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


A news release on foreign trade in May 2018 is due on 10 July 2018.


For more information, see the Database of Indicators.






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