Analytics, Baltic Export, Foreign trade , Lithuania, Markets and Companies
International Internet Magazine. Baltic States news & analytics
Tuesday, 23.04.2024, 11:37
The foreign trade deficit of Lithuania amounted to EUR 0.26 bln in April
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
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 |
________________________________
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–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 |
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, % |
||
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.