Analytics, Baltic Export, Foreign trade , Lithuania

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Foreign trade deficit of Lithuania amounted to LTL 0.5 bln in April

Aldona Gibaitė-Kudžmienė, Statistics Lithuania, 11.06.2012.Print version
Statistics Lithuania informs that, based on non-final data obtained from customs declarations, VAT returns and Intrastat reporting data, exports in April 2012 amounted to LTL 6.3 billion, imports – LTL 6.8 billion. Exports of goods of Lithuanian origin amounted to LTL 4 billion. Foreign trade deficit of Lithuania amounted to LTL 0.5 billion.

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”.







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