Analytics, Baltic Export, Foreign trade , Lithuania
International Internet Magazine. Baltic States news & analytics
Thursday, 25.04.2024, 19:09
Foreign trade deficit of Lithuania amounted to LTL 0.5 bln in April
Over the month (in April 2012, against March), exports increased by 0.8%. This was influenced by an increase in exports of petroleum products – by 29.1%, milk and milk products – 32.4%. Imports decreased by 6.7%, which was determined by a decrease in imports of natural gas – by 20.3%, natural calcium phosphates – 61.8%. Mineral products excluded, exports and imports of goods decreased by 6.4 and 6.6% respectively. Exports of goods of Lithuanian origin increased by 2.4%, mineral products excluded – decreased by 11.8%. An increase in exports of goods of Lithuanian origin was determined by an increase in exports of petroleum products – by 32.8%, milk and milk products – 25.3%.
In April 2012, against April 2011, exports grew by 21.7%, which was influenced by an increase in exports of petroleum products – 2.2 times, boilers, machinery and mechanical appliances, parts thereof – 29.6%. Imports grew by 7.7%, which was determined by an increase in imports of petroleum products – by 89%, various chemical products – 66.5%. Mineral products excluded, exports and imports of goods increased by 3.9 and 5.1% respectively. Exports of goods of Lithuanian origin increased by 28.1%, mineral products excluded – decreased by 0.2%.
In January–April 2012, against the same period of 2011, exports and imports grew by 14 and 11.9% respectively. Mineral products excluded, exports and imports of goods increased by 7.8 and 5.2% respectively. Exports of goods of Lithuanian origin increased by 13.6%, mineral products excluded – 5.8%. An increase in exports was influenced by an increase in exports of petroleum products – by 37%, boilers, machinery and mechanical appliances, parts thereof – 34.6%, furniture – 21.7%. An increase in imports was influenced by an increase in imports of crude petroleum – by 20.6%, boilers, machinery and mechanical appliances, parts thereof – 8.1%, plastics and articles thereof – 15.9%.
In January–April 2012, the most important partners in exports were Russia (17.6%), Latvia (10.4%), Germany (8.4%), and Estonia (7.7%), in imports – Russia (35.4%), Poland (9.2%), Germany (9.2%), and Latvia (5.6%). Most of goods of Lithuanian origin were exported to Germany (11.2%), the United Kingdom (11%), the Netherlands (10.7%), and Latvia (9%).
In January–April 2012, the largest share in exports and imports fell within mineral products (26 and 37.9% respectively), machinery and mechanical appliances, electrical equipment (10.5 and 10.8%), products of the chemical or allied industries (9.8 and 10.5%). As for the goods of Lithuanian origin, the largest share in exports fell within mineral products (36.6%), products of the chemical or allied industries (9.7%), and plastics and articles thereof (7.7%).
Table 1. Foreign trade balance, LTL million
|
Exports |
Imports |
Balance |
January–April 2011 |
20986.0 |
24347.8 |
-3361.8 |
January |
4958.5 |
5724.8 |
-766.3 |
February |
5161.5 |
5779.0 |
-617.5 |
March |
5664.5 |
6528.1 |
-863.6 |
I quarter |
15784.5 |
18032.0 |
-2247.5 |
April |
5201.5 |
6315.8 |
-1114.3 |
2011◘ |
69642.5 |
78159.9 |
-8517.4 |
|
|
|
|
January–April 2012 |
23927.7 |
27257.2 |
-3329.5 |
January |
5624.0 |
6414.9 |
-790.9 |
February** |
5697.2 |
6750.4 |
-1053.2 |
March** |
6277.0 |
7291.9 |
-1014.9 |
I quarter** |
17598.1 |
20457.1 |
-2859.0 |
April |
6329.6 |
6800.0 |
-470.4 |
◘ Non-final data.
** Revised data.
Table 2. Structure of and changes in foreign trade by BEC
BEC |
Exports |
Imports |
||||
January–April 2012 |
January–April 2012 |
|||||
value, LTL million |
share,% |
change, against the respective period of 2011,% |
value, LTL million |
share,% |
change, against the respective period of 2011,% |
|
Total |
23927.7 |
100.0 |
14.0 |
27257.2 |
100.0 |
11.9 |
Capital goods |
2237.7 |
9.4 |
32.3 |
2709.2 |
9.9 |
9.0 |
Intermediate goods |
12884.0 |
53.8 |
18.2 |
18243.7 |
66.9 |
15.6 |
Consumption goods |
6176.7 |
25.8 |
10.0 |
5436.6 |
19.9 |
10.4 |
Motor spirit |
2060.3 |
8.6 |
34.5 |
18.0 |
0.1 |
-32.7 |
Passenger motor cars |
498.2 |
2.1 |
-58.1 |
840.1 |
3.1 |
-24.9 |
Other |
70.8 |
0.3 |
- |
9.0 |
0.0 |
- |
Table 3. Structure of and changes in trade with key foreign partners
Exports |
January–April 2012 |
Imports |
January–April 2012 |
|||||
value, LTL million |
share of goods of Lithuanian origin,% |
share,% |
change, against the respective period of 2011,% |
value, LTL million |
share,% |
change, against the respective period of 2011,% |
||
Total |
23927.7 |
64.4 |
100.0 |
14.0 |
Total |
27257.2 |
100.0 |
11.9 |
EU |
15287.9 |
78.1 |
63.9 |
20.6 |
EU |
14635.7 |
53.7 |
6.4 |
CIS1 |
6513.4 |
24.1 |
27.2 |
9.1 |
CIS1 |
10719.1 |
39.3 |
21.3 |
EFTA2 |
517.3 |
93.4 |
2.2 |
13.9 |
EFTA2 |
209.8 |
0.8 |
16.4 |
Russia |
4219.4 |
15.2 |
17.6 |
23.2 |
Russia |
9657.9 |
35.4 |
21.9 |
Latvia |
2482.1 |
56.0 |
10.4 |
28.9 |
Poland |
2511.2 |
9.2 |
18.4 |
Germany |
2007.6 |
85.8 |
8.4 |
2.5 |
Germany |
2494.3 |
9.2 |
1.3 |
Estonia |
1831.5 |
74.2 |
7.7 |
50.8 |
Latvia |
1531.8 |
5.6 |
-0.5 |
United Kingdom |
1801.6 |
94.1 |
7.5 |
98.4 |
Netherlands |
1530.1 |
5.6 |
17.5 |
Netherlands |
1711.8 |
96.4 |
7.2 |
43.1 |
Sweden |
839.4 |
3.1 |
0.4 |
Poland |
1346.0 |
50.1 |
5.6 |
-12.2 |
Belgium |
812.1 |
3.0 |
5.9 |
Belarus |
926.0 |
17.2 |
3.9 |
-37.6 |
Italy |
749.9 |
2.8 |
0.2 |
France |
918.0 |
91.6 |
3.8 |
6.0 |
Estonia |
695.3 |
2.6 |
0.0 |
Sweden |
821.0 |
88.6 |
3.4 |
9.6 |
Belarus |
661.1 |
2.4 |
23.5 |
Ukraine |
803.9 |
82.9 |
3.4 |
67.9 |
France |
563.4 |
2.1 |
-14.1 |
Other |
5058.8 |
76.7 |
21.1 |
- |
Other |
5210.7 |
19.0 |
- |
1 Armenia, Azerbaijan,
Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan,
Ukraine, Uzbekistan.
2 Iceland, Lichtenstein, Norway, Switzerland.
Table 4. Commodity structure of and changes in exports
CN sections |
January–April 2012 |
||||
value, LTL million |
share of goods of Lithuanian origin,% |
share,% |
change, against the respective period of 2011,% |
||
|
Total |
23927.7 |
64.4 |
100.0 |
14.0 |
27 |
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes |
6169.8 |
90.9 |
25.8 |
36.1 |
84 |
Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof |
1568.8 |
21.7 |
6.6 |
34.6 |
39 |
Plastics and articles thereof |
1464.0 |
80.9 |
6.1 |
15.6 |
87 |
Vehicles other than railway or tramway rolling stock, and parts and accessories thereof |
1327.3 |
13.2 |
5.5 |
-29.8 |
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 |
1311.1 |
87.5 |
5.5 |
21.7 |
31 |
Fertilisers |
1266.0 |
92.5 |
5.3 |
0.9 |
85 |
Electrical machinery and equipment and part thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles |
954.0 |
37.6 |
4.0 |
9.5 |
44 |
Wood and articles of wood; wood charcoal |
795.9 |
80.3 |
3.3 |
7.3 |
04 |
Dairy produce; birds’ eggs; natural honey; edible products of animal origin, not elsewhere specified or included |
522.1 |
94.9 |
2.2 |
10.9 |
|
Other |
8548.7 |
50.2 |
35.7 |
- |
Table 5. Commodity structure of and changes in exports of goods of Lithuanian origin
CN sections |
January–April 2012 |
|||
value, LTL million |
share,% |
change, against the respective period of 2011,% |
||
|
Total |
15405.7 |
100.0 |
13.6 |
27 |
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes |
5605.5 |
36.4 |
30.1 |
39 |
Plastics and articles thereof |
1184.3 |
7.7 |
13.8 |
31 |
Fertilisers |
1171.1 |
7.6 |
-1.2 |
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 |
1147.5 |
7.4 |
17.9 |
44 |
Wood and articles of wood; wood charcoal |
639.3 |
4.1 |
0.6 |
04 |
Dairy produce; birds’ eggs; natural honey; edible products of animal origin, not elsewhere specified or included |
495.3 |
3.2 |
9.6 |
85 |
Electrical machinery and equipment and part thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles |
358.5 |
2.3 |
1.6 |
84 |
Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof |
340.5 |
2.2 |
17.8 |
72 |
Iron and steel |
272.8 |
1.8 |
15.3 |
|
Other |
4190.9 |
27.3 |
- |
Table 6. Commodity structure of and changes in imports
CN sections |
January–April 2012 |
|||
value, LTL million |
share,% |
change, against the respective period of 2011,% |
||
|
Total |
27257.2 |
100.0 |
11.9 |
27 |
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes |
9975.3 |
36.6 |
24.8 |
87 |
Vehicles other than railway or tramway rolling stock, and parts and accessories thereof |
1939.4 |
7.1 |
-11.1 |
84 |
Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof |
1746.3 |
6.4 |
8.1 |
85 |
Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles |
1195.4 |
4.4 |
-3.4 |
39 |
Plastics and articles thereof |
947.9 |
3.5 |
15.9 |
29 |
Organic chemicals |
866.5 |
3.2 |
16.0 |
30 |
Pharmaceutical products |
730.8 |
2.7 |
4.5 |
72 |
Iron and steel |
532.4 |
2.0 |
-1.4 |
08 |
Edible fruit and nuts; peel of citrus fruit or melons |
525.2 |
1.9 |
13.2 |
|
Other |
8798.0 |
32.2 |
- |
Table 7. Changes in imports and exports
Period |
Exports |
Share of goods of Lithuanian origin,% |
Imports |
Balance |
|||
value, LTL million |
change, against the respective period of 2011,% |
value, LTL million |
change, against the respective period of 2011,% |
value, LTL million |
change, against the respective period of 2011,% |
LTL million |
|
2011-04 |
5201.5 |
-8.2 |
3109.6 |
-9.6 |
6315.8 |
-3.3 |
-1114.3 |
2011-05 |
6123.5 |
17.7 |
3980.5 |
28.0 |
6880.5 |
8.9 |
-757.0 |
2011-06 |
6082.0 |
-0.7 |
3998.7 |
0.5 |
6682.8 |
-2.9 |
-600.8 |
2011-07 |
5711.0 |
-6.1 |
3989.6 |
-0.2 |
6352.8 |
-4.9 |
-641.8 |
2011-08 |
6036.4 |
5.7 |
4138.4 |
3.7 |
6677.5 |
5.1 |
-641.1 |
2011-09 |
6408.2 |
6.2 |
4374.2 |
5.7 |
6850.4 |
2.6 |
-442.2 |
2011-10 |
6090.3 |
-5.0 |
4025.3 |
-8.0 |
6927.0 |
1.1 |
-836.7 |
2011-11 |
6186.0 |
1.6 |
4028.9 |
0.1 |
6975.6 |
0.7 |
-789.6 |
2011-12 |
6019.2 |
-2.7 |
3786.6 |
-6.0 |
6465.4 |
-7.3 |
-446.2 |
2012-01 |
5624.0 |
-6.6 |
3893.2 |
2.8 |
6414.9 |
-0.8 |
-790.9 |
2012-02 |
5697.2 |
1.3 |
3639.1 |
-6.5 |
6750.4 |
5.2 |
-1053.2 |
2012-03 |
6277.0 |
10.2 |
3890.1 |
6.9 |
7291.9 |
8.0 |
-1014.9 |
2012-04 |
6329.6 |
0.8 |
3983.4 |
2.4 |
6800.0 |
-6.7 |
-470.4 |
Note. Due to rounding, the sum of lines or columns in some tables may disagree with the “Total”.