Analytics, Baltic Export, Foreign trade , Lithuania

International Internet Magazine. Baltic States news & analyticsThursday, 02.09.2010, 22:18

Foreign trade deficit of Lithuania fell by 90% in December 2009

Jonas Markelevičius, Statistics Lithuania, 09.02.2010.Print version
Statistics Lithuania reports that, based on non-final data obtained from customs declarations and Intrastat reporting data, exports in December 2009 amounted to LTL 3.7 billion, while imports – LTL 3.8 billion. Foreign trade deficit of Lithuania amounted to LTL 0.1 billion, which is by 90% less than in the same period in 2008. Data on trade with EU countries were adjusted after VAT returns data had been received.

In December 2009, against December 2008, exports increased by 4.6%, imports decreased by 19.8%; mineral products excluded exports decreased by 1%, while imports – by 21.4%. Exports of goods of Lithuanian origin increased by 12.2%, mineral products excluded – by 5.2%.

 

In December 2009, against November 2009, exports increased by 2.2%, imports decreased by 5.2%; mineral products excluded, exports increased by 2.1%, imports decreased by 1.8%. Exports of goods of Lithuanian origin increased by 2.6%; mineral products excluded, exports increased by 2.3%.

 

In 2009, exports amounted to LTL 40.7 billion, imports – LTL 45.1 billion. Foreign trade deficit amounted to LTL 4.4 billion, which is by 74.8% less than in 2008. Exports and imports decreased by 26.6 and 38.2% respectively; mineral products excluded, exports decreased by 23.3, while imports – by 38%. Exports of goods of Lithuanian origin decreased by 27.2%, mineral products excluded – by 21.9%.

 

An impact on the decline in exports was made by a 37% decrease in exports of petroleum oils and oils obtained from bituminous minerals, 38.8% – vehicles other than railway or tramway rolling stock, 35.5% – electric machinery and equipment. The decline in imports was influenced by a 37.2% decrease in imports of crude petroleum, 66.7% – vehicles other than railway or tramway rolling stock, 40.5% – boilers, machinery and mechanical appliances.

 

In 2009, the most important partners in exports were Russia (13.2%), Latvia (10%), Germany (9.7%), Poland (7.2%), in imports – Russia (30.1%), Germany (11.2%), Poland (10%) and Latvia (6.4%).

 

In 2009, the largest share in exports fell within mineral products (21.5%), machinery and mechanical appliances, electrical equipment (10%), products of the chemical or allied industries (9.1%), in imports – mineral products (29.3%), machinery and mechanical appliances, electrical equipment (13.1%), products of the chemical or allied industries (12.3%). 


Table 1. Foreign trade balance, LTL million

 

Exports

Imports

Balance

2009

40724.9

45138.0

-4413.1

I quarter*

9496.4

10482.9

-986.5

II quarter*

9550.6

10783.2

-1232.6

III quarter*

10615.4

11871.8

-1256.4

October*

3739.5

4141.3

-401.8

November*

3621.4

4034.6

-413.2

December

3701.6

3824.2

-122.6

IV quarter

11062.5

12000.1

-937.6


2008

55511.0

73006.3

-17495.3

I quarter

12559.1

17986.1

-5427.0

II quarter

14912.9

19586.5

-4673.6

III quarter

15560.8

19586.8

-4026.0

December

3540.4

4765.3

-1224.9

IV quarter

12478.2

15846.9

-3368.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

* Revised data.
Non-final data.


Table 2. Exports and imports by BEC, 2009

Section

Exports

Imports

Against 2008, growth, drop (-),%

LTL million

%

LTL million

%

exports

imports

Total

40724.9

100

45138.0

100

-26.6

-38.2

Capital goods

3651.1

9.0

4492.6

10.0

-40.7

-55.9

Intermediate goods

20141.9

49.5

27559.9

61.1

-31.7

-37.5

Consumption goods

12194.9

29.9

11507.8

25.5

-6.7

-19.5

Motor spirit

3288.4

8.1

14.9

0.0

-30.5

-8.9

Passenger motor cars

1334.4

3.3

1489.1

3.3

-31.9

-64.0

Other

114.2

0.3

73.7

0.2

-

-


Table 3. Key foreign trade partners, 2009

Exports

LTL million

%

Imports

LTL million

%

share

Against 2008, growth, drop (-)

share

Against 2008, growth, drop (-)

Total

40724.9

100

-26.6

Total

45138.0

100

-38.2

EU

26177.8

64.3

-21.8

EU

26537.8

58.8

-36.8

CIS

9580.7

23.5

-33.1

CIS

14978.7

33.2

-39.5

EFTA

1252.4

3.1

-28.4

EFTA

410.2

0.9

-44.2

Russia

5392.3

13.2

-39.5

Russia

13602.6

30.1

-37.8

Latvia

4088.6

10.0

-36.5

Germany

5040.3

11.2

-41.7

Germany

3944.3

9.7

-0.8

Poland

4497.3

10.0

-38.3

Poland

2917.9

7.2

-9.0

Latvia

2866.4

6.4

-24.6

Estonia

2913.4

7.2

-8.1

Netherlands

1839.3

4.1

-28.2

Netherlands

2066.1

5.1

8.9

Italy

1723.2

3.8

-33.7

Belarus

1923.5

4.7

-22.9

Belgium

1334.9

3.0

-23.8

United Kingdom

1790.0

4.4

-30.3

Sweden

1224.0

2.7

-43.6

Denmark

1554.9

3.8

-40.1

Estonia

1184.5

2.6

-44.0

Sweden

1467.4

3.6

-22.2

France

1127.8

2.5

-46.0

France

1306.3

3.2

-51.3

China

1122.7

2.5

-40.0

Ukraine

1221.5

3.0

-32.3

 Denmark

997.7

2.2

-36.1

United States

1200.9

2.9

-32.4

Finland

834.7

1.8

-45.3

Norway

1018.5

2.5

-12.6

Czech Republic

829.9

1.8

-23.6

Italy

815.4

2.0

-7.8

United Kingdom

750.2

1.7

-45.3

Other

7103.9

17.5

-

Other

6162.5

13.6

-


Table 4. Exports by commodity structure, 2009

CN sections

LTL million

%

share

Against 2008, growth, drop (-)

 

Total

40724.9

100

-26.6

I

Live animals; animal products

2287.4

5.6

-4.9

04

 

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

1157.5

2.8

-13.7

II

Vegetable products

2650.9

6.5

-21.2

10

 

Cereals

865.7

2.1

-22.6

IV

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

2894.2

7.1

-0.4

23

 

Residues and waste from the food industries; prepared animal fodder

634.0

1.6

-0.1

V

Mineral products

8744.4

21.5

-36.7

27

 

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

8676.3

21.3

-36.6

VI

Products of the chemical or allied industries

3688.2

9.1

-31.1

31

 

Fertilisers

1803.5

4.4

-48.7

VII

Plastics and articles thereof; rubber and articles thereof

2746.8

6.7

-16.9

39

 

Plastics and articles thereof

2605.2

6.4

-16.1

XI

Textiles and textile articles

2636.3

6.5

-13.8

62

 

Articles of apparel and clothing accessories not knitted or crocheted

812.5

2.0

-18.0

XV

Base metals and articles of base metal

1809.0

4.4

-31.7

73

 

Articles of iron or steel

860.1

2.1

-17.7

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

4063.7

10.0

-31.3

84

 

Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

2257.6

5.5

-27.5

XVII

Vehicles; aircraft; vessels and associated transport equipment

2957.2

7.3

-37.8

87

 

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

2390.2

5.9

-38.8

XX

Miscellaneous manufactured articles

2593.1

6.4

-10.4

94

 

Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated signs, illuminated nameplates and the like; prefabricated buildings

2395.3

5.9

-9.5

 

Other

3653.7

8.9

-

 

Table 5. Imports by commodity structure, 2009

CN sections

LTL million

%

share

Against 2008, growth, drop (-)

 

Total

45138.0

100

-38.2

II

Vegetable products

1982.1

4.4

-27.9

08

 

Edible fruit and nuts; peel of citrus fruit or melons

879.7

1.9

-27.6

IV

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

2677.5

5.9

-12.1

22

 

Beverages, spirits and vinegar

597.9

1.3

-22.8

V

Mineral products

13218.8

29.3

-38.7

27

 

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

12590.7

27.9

-37.5

VI

Products of the chemical or allied industries

5557.6

12.3

-14.9

29

 

Organic chemicals

1411.8

3.1

-15.8

VII

Plastics and articles thereof; rubber and articles thereof

2051.1

4.5

-32.9

39

 

Plastics and articles thereof

1740.0

3.9

-31.0

XI

Textiles and textile articles

2278.4

5.0

-21.9

61

 

Articles of apparel and clothing accessories, knitted or crocheted

526.8

1.2

-14.0

XV

Base metals and articles of base metals

2258.5

5.0

-49.5

73

 

Articles of iron or steel

809.9

1.8

-47.4

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

5934.7

13.1

-43.4

84

 

Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

3473.4

7.7

-40.5

XVII

Vehicles; aircraft; vessels and associated transport equipment

2865.5

6.3

-68.1

87

 

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

2585.9

5.7

-66.7

 

Other

6313.8

14.2

-

 

Table 6. Changes in imports and exports over a year 

Period

Exports

Exports of goods of Lithuanian origin

Imports

Balance
LTL million

LTL million

against the previous month,%

LTL million

against the previous month,%

LTL million

against the previous month,%

2008 12

3540.4

85.0

2247.3

80.3

4765.3

92.6

-1224.9

2009 01

3179.7

89.9

2319.1

103.2

3346.2

70.2

-166.5

2009 02

3108.9

97.8

2203.7

95.0

3413.1

102.0

-304.2

2009 03

3207.8

103.2

2152.6

97.7

3723.6

109.1

-515.8

2009 04

3041.2

94.8

2061.9

95.8

3316.7

89.1

-275.5

2009 05

3079.7

101.3

2192.7

106.3

3686.7

111.2

-607.0

2009 06

3429.7

111.4

2434.4

111.0

3779.8

102.5

-350.1

2009 07

3420.8

99.7

2399.5

98.6

3774.4

99.9

-353.6

2009 08

3427.1

100.2

2362.6

98.5

4012.2

106.3

-585.1

2009 09

3767.5

109.9

2615.7

110.7

4085.2

101.8

-317.7

2009 10

3739.5

99.3

2515.2

96.2

4141.3

101.4

-401.8

2009 11

3621.4

96.8

2457.5

97.7

4034.6

97.4

-413.2

2009 12

3701.6

102.2

2521.7

102.6

3824.2

94.8

-122.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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






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