Analytics, Foreign trade , Lithuania, Statistics
International Internet Magazine. Baltic States news & analytics
Friday, 29.03.2024, 13:17
Lithuania's exports rise 8% in Jan-Jul y-o-y
Over the year (July 2018, against July 2017), exports
increased by 18.2%, imports – 8.3%. The increase in exports was
influenced by an increase in exports of petroleum products (44.2%) (amount in
tonnes decreased by 2.6%), tobacco and manufactured tobacco substitutes (72.3%),
plastics and articles thereof (17.4%). The increase in imports was determined
by an increase in imports of crude petroleum (22.8 %) (amount in tonnes
decreased by 22.9%), ground vehicles (25%). Mineral products excluded, exports
increased by 14.2%, imports – 5.5%. Exports of goods of Lithuanian origin
increased by 26.1%, mineral products excluded – 19.4%.
In January–July 2018, against the same period of 2017,
exports and imports increased by 8% and 8.4% respectively. The
increase in exports was determined by an increase in exports of petroleum
products (4.5%) (amount in tonnes decreased by 11.9%), miscellaneous chemical
products (56.1%), tobacco and manufactured tobacco substitutes (37.2%). The
increase in imports was determined by an increase in imports of crude petroleum
(33%) (amount in tonnes decreased by 1.7%), ground vehicles (17.4%), iron and
steel (24.3%). Mineral products excluded, exports increased by 8.3%, imports –
5.6%. Exports of goods of Lithuanian origin increased by 10.8%, mineral products
excluded – 10.4%.
In January–July 2018, the most important Lithuania’s
partners in exports were Russia (13.8%), Latvia (9.8%), Poland (8.2%) and
Germany (7.4%), while in imports – Russia (13.5%), Germany (12.3%), Poland
(11.4%) and Latvia (6.8%). Most of the goods of Lithuanian origin were exported
to Germany (9.2%), Poland (9.2%), the United States (8.4%), Latvia (7.3%) and
Sweden (7%).
In January–July 2018, the largest share in Lithuania’s
exports and imports fell within mineral products (14.2% and 20.6%
respectively), machinery and mechanical appliances, electrical equipment (15.3%
and 17.3% respectively) and products of the chemical and allied industries
(10.8% and 11.7% respectively). As for the goods of Lithuanian origin, the
largest share in exports fell within petroleum products (19.7%), miscellaneous
manufactured articles (11.4%), prepared foodstuffs, beverages, spirits and
tobacco (9.3%), products of the chemical and allied industries (8.1%).
Table 1. Foreign trade balance
EUR million
| Exports | Imports | Balance |
January–July 2017 | 14 665.1 | 16 120.5 | –1 455.4 |
I quarter | 6 129.7 | 6 691.6 | –561.9 |
II quarter | 6 506.2 | 7 101.0 | –594.8 |
July | 2 029.2 | 2 327.9 | –298.7 |
III quarter | 6 571.9 | 7 152.8 | –580.9 |
IV quarter | 7 202.7 | 7 570.8 | –368.1 |
2017 | 26 410.5 | 28 516.2 | –2 105.7 |
January–July 2018 | 15 837.9 | 17 471.9 | –1 633.9 |
January | 2 110.0 | 2 373.4 | –263.4 |
February | 2 061.4 | 2 298.7 | –237.3 |
March | 2 389.6 | 2 614.9 | –225.3 |
I quarter | 6 561.0 | 7 287.0 | –726.0 |
April | 2 075.4 | 2 346.9 | –271.5 |
May1 | 2 333.0 | 2 702.8 | –369.8 |
June1 | 2 469.3 | 2 615.0 | –145.7 |
II quarter1 | 6 877.7 | 7 664.7 | –787.0 |
July | 2 399.2 | 2 520.2 | –120.9 |
__________________________
1 Revised data
Fig. 1. Exports and imports in January–July 2013–2018
Table 2. Structure of and changes in foreign trade by BEC in January–July 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 | 15 837.9 | 100.0 | 8.0 | 17 471.9 | 100.0 | 8.4 |
Capital goods | 2 024.0 | 12.8 | 5.6 | 2 896.5 | 16.6 | 5.8 |
Intermediate goods | 8 156.7 | 51.5 | 9.6 | 9 963.3 | 57.0 | 12.5 |
Consumption goods | 4 618.7 | 29.2 | 4.7 | 3 910.1 | 22.4 | –0.4 |
Motor spirit | 752.9 | 4.8 | 13.2 | 53.2 | 0.3 | 92.9 |
Passenger motor cars | 192.7 | 1.2 | 14.9 | 636.0 | 3.6 | 16.9 |
Other | 92.9 | 0.6 | 39.6 | 12.8 | 0.1 | –50.5 |
Table 3. Structure of and changes in trade with key foreign partners2 in January–July 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 | 15 837.9 | 100.0 | 60.7 | 8.0 | Total | 17 471.9 | 100.0 | 8.4 |
EU28 | 9 376.9 | 59.2 | 69.4 | 7.8 | EU28 | 12 033.4 | 68.9 | 5.1 |
Euro area | 5 863.9 | 37.0 | 65.6 | 8.4 | Euro area | 8 032.9 | 46.0 | 3.9 |
Russia | 2 181.4 | 13.8 | 7.7 | 5.3 | Russia | 2 350.1 | 13.5 | 16.5 |
Latvia | 1 545.5 | 9.8 | 45.5 | 4.6 | Germany | 2 153.3 | 12.3 | 6.9 |
Poland | 1 299.0 | 8.2 | 67.8 | 3.6 | Poland | 1 985.7 | 11.4 | 14.4 |
Germany | 1 173.2 | 7.4 | 75.6 | 8.6 | Latvia | 1 193.8 | 6.8 | 4.1 |
United States | 857.7 | 5.4 | 93.7 | 9.4 | Italy | 908.3 | 5.2 | 12.1 |
Estonia | 783.4 | 4.9 | 50.6 | 8.6 | Netherlands | 841.0 | 4.8 | –2.5 |
Sweden | 754.4 | 4.8 | 88.9 | 3.3 | Kazakhstan | 704.2 | 4.0 | 53.8 |
United Kingdom | 618.5 | 3.9 | 83.6 | 12.4 | Sweden | 671.1 | 3.8 | 6.8 |
Belarus | 608.2 | 3.8 | 13.2 | 5.2 | France | 588.8 | 3.4 | –2.5 |
Netherlands | 535.0 | 3.4 | 81.0 | 2.3 | Belgium | 561.2 | 3.2 | 3.1 |
Norway | 444.5 | 2.8 | 89.1 | 3.1 | Estonia | 534.8 | 3.1 | 3.6 |
Ukraine | 440.8 | 2.8 | 72.0 | 19.5 | United Kingdom | 483.8 | 2.8 | –7.1 |
France | 413.3 | 2.6 | 78.3 | 16.7 | China | 481.3 | 2.8 | –0.2 |
Denmark | 403.4 | 2.5 | 83.0 | 6.2 | Finland | 431.0 | 2.5 | –1.2 |
Italy | 358.3 | 2.3 | 80.2 | 3.6 | Belarus | 428.1 | 2.5 | 12.3 |
Other countries | 3 421.3 | 21.6 | 70.4 | 13.5 | Other | 3 155.4 | 17.9 | 6.6 |
__________________________
2 Partner country: in case of exports – country of destination; 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–July 2018
CN sections, chapters | Value, EUR million | Share, % | Share of goods of Lithuanian origin, % | Change, against the respective period of 2017, % | |
| Total | 15 837.9 | 100.0 | 60.7 | 8.0 |
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 | 2 427.4 | 15.3 | 27.9 | 4.6 |
84 | Machinery and mechanical appliances; parts thereof | 1 348.1 | 8.5 | 17.2 | 4.7 |
V | Mineral products | 2 247.4 | 14.2 | 89.5 | 6.0 |
27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 2 223.5 | 14.0 | 90.0 | 5.9 |
2710 | Petroleum products | 1 986.8 | 12.5 | 95.2 | 4.5 |
VI | Products of the chemical or allied industries | 1 715.8 | 10.8 | 45.1 | 14.7 |
30 | Pharmaceutical products | 431.6 | 2.7 | 7.4 | 10.0 |
XX | Miscellaneous manufactured articles | 1 305.0 | 8.2 | 83.8 | 10.3 |
94 | Furniture and related articles, lamps and lighting fittings, prefabricated buildings | 1 199.8 | 7.6 | 88.6 | 9.6 |
IV | Prepared foodstuffs; beverages, spirits and vinegar; tobacco and manufactured tobacco substitutes | 1 230.9 | 7.8 | 72.7 | 12.5 |
24 | Tobacco and manufactured tobacco substitutes | 408.6 | 2.6 | 98.2 | 37.2 |
VII | Plastics and articles thereof; rubber and articles thereof | 1 068.3 | 6.7 | 72.4 | 8.5 |
39 | Plastics and articles thereof | 1 000.0 | 6.3 | 76.3 | 9.2 |
XV | Base metals and articles of base metal | 997.5 | 6.3 | 55.2 | 17.1 |
73 | Articles of iron or steel | 392.4 | 2.5 | 63.8 | 9.3 |
| Other | 4 845.6 | 30.7 | 58.5 | 5.0 |
Table 5. Commodity structure of and changes in exports of goods of Lithuanian origin in January–July 2018
CN sections, chapters | Value, EUR million | Share, % | Change, against the respective period of 2017, % | |
---|---|---|---|---|
| Total | 9 609.8 | 100.0 | 10.8 |
V | Mineral products | 2 011.3 | 20.9 | 12.3 |
27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 2 002.1 | 20.8 | 12.8 |
2710 | Petroleum products | 1 891.0 | 19.7 | 13.0 |
XX | Miscellaneous manufactured articles | 1 093.9 | 11.4 | 8.0 |
94 | Furniture and related articles, lamps and lighting fittings, prefabricated buildings | 1 063.3 | 11.1 | 8.2 |
IV | Prepared foodstuffs; beverages, spirits and vinegar; tobacco and manufactured tobacco substitutes | 895.3 | 9.3 | 14.2 |
24 | Tobacco and manufactured tobacco substitutes | 401.1 | 4.2 | 38.5 |
VI | Products of the chemical or allied industries | 773.6 | 8.1 | 23.3 |
31 | Fertilisers | 358.3 | 3.7 | –0.9 |
VII | Plastics and articles thereof; rubber and articles thereof | 772.9 | 8.0 | 13.5 |
39 | Plastics and articles thereof | 763.3 | 7.9 | 13.4 |
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 | 678.1 | 7.1 | 12.7 |
85 | Electrical machinery and equipment and parts thereof; sound recorders and reproducers | 446.5 | 4.6 | 16.7 |
I | Live animals; animal products | 658.9 | 6.9 | –2.1 |
04 | Dairy produce; birds’ eggs; natural honey; edible products of animal origin, not elsewhere specified or included | 288.3 | 3.0 | –1.2 |
| Other | 2 725.8 | 28.3 | 9.0 |
Table 6. Commodity structure of and changes in imports in January–July 2018
CN sections, chapters | Value, EUR million | Share, % | Change, against the respective period of 2017, % | |
| Total | 17 471.9 | 100.0 | 8.4 |
V | Mineral products | 3 607.3 | 20.6 | 20.6 |
27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 3 456.2 | 19.8 | 21.3 |
2709 | Crude petroleum | 2 419.0 | 13.8 | 33.0 |
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 | 3 021.8 | 17.3 | 1.9 |
84 | Machinery and mechanical appliances; parts thereof | 1 782.9 | 10.2 | 4.8 |
VI | Products of the chemical or allied industries | 2 050.7 | 11.7 | 5.5 |
30 | Pharmaceutical products | 598.3 | 3.4 | –0.1 |
XVII | Vehicles, aircraft, vessels and associated transport equipment | 1 789.2 | 10.2 | 16.6 |
87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 1 748.9 | 10.0 | 17.4 |
XV | Base metals and articles of base metal | 1 192.0 | 6.8 | 13.9 |
72 | Iron and steel | 424.9 | 2.4 | 24.3 |
VII | Plastics and articles thereof; rubber and articles thereof | 937.9 | 5.4 | 3.0 |
39 | Plastics and articles thereof | 793.2 | 4.5 | 3.4 |
IV | Prepared foodstuffs; beverages, spirits and vinegar; tobacco and manufactured tobacco substitutes | 874.7 | 5.0 | 4.7 |
22 | Beverages, spirits and vinegar | 238.3 | 1.4 | 7.8 |
| Other | 3 998.3 | 23.0 | 2.7 |
Fig. 2. Exports and imports dynamics, 2013–2018
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, % | ||
2017-07 | 2 029.2 | −10.4 | 1 162.4 | −13.3 | 57.3 | 2 327.9 | 0.0 | −298.7 |
2017-08 | 2 238.9 | 10.3 | 1 324.3 | 13.9 | 59.2 | 2 407.7 | 3.4 | −168.9 |
2017-09 | 2 303.8 | 2.9 | 1 429.2 | 7.9 | 62.0 | 2 417.2 | 0.4 | −113.3 |
2017-10 | 2 357.5 | 2.3 | 1 387.8 | −2.9 | 58.9 | 2 505.6 | 3.7 | −148.0 |
2017-11 | 2 488.7 | 5.6 | 1 489.2 | 7.3 | 59.8 | 2 648.3 | 5.7 | −159.5 |
2017-12 | 2 356.4 | −5.3 | 1 390.7 | −6.6 | 59.0 | 2 416.9 | -8.7 | −60.5 |
2018-01 | 2 110.0 | −10.5 | 1 348.8 | −3.0 | 63.9 | 2 373.4 | −1.8 | −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 | 2 389.6 | 15.9 | 1 420.6 | 14.6 | 59.4 | 2 614.9 | 13.8 | −225.3 |
2018-04 | 2 075.4 | −13.1 | 1 187.2 | −16.4 | 57.2 | 2 346.9 | –10.3 | −271.5 |
2018-05 | 2 333.0 | 12.4 | 1 419.6 | 19.5 | 60.8 | 2 702.8 | 15.2 | −369.8 |
2018-06 | 2 469.3 | 5.8 | 1 528.2 | 7.7 | 61.9 | 2 615.0 | –3.2 | −145.7 |
2018-07 | 2 399.2 | −2.8 | 1 466.1 | −4.1 | 61.1 | 2 520.2 | –3.6 | −120.9 |
Note. Due to rounding, the sum of lines or columns in some tables may disagree with the “Total”.