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Saturday, 20.04.2024, 14:50
The foreign trade deficit amounted to LTL 0.7 bln in July
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Over the month (July 2014, against June), exports increased by 4, imports – by 7.3%. The increase in exports was influenced by an increase in exports of petroleum products (22.7%) and boilers, machinery and mechanical appliances and parts thereof (30.3%). The increase in imports was influenced by a 15.6% increase in imports of crude oil, 24.8% – boilers, machinery and mechanical appliances and parts thereof. Mineral products excluded, exports increased by 0.9, imports – by 5.4%. Exports of goods of Lithuanian origin increased by 5.9%, mineral products excluded – decreased by 1.1%.
Over the year (July 2014, against July 2013), exports increased by 5.4%, while imports decreased by 0.3%. The increase in exports was influenced by an increase in exports of electrical machinery and equipment and parts thereof (80.4%) and boilers, machinery and mechanical appliances and parts thereof (25.5%). The decrease in imports was influenced by a decrease in imports of crude oil (29.7%). Mineral products excluded, exports and imports increased by 12.4 and 10.5% respectively. Exports of goods of Lithuanian origin decreased by 1.5, mineral products excluded – increased by 6.5%.
 |
| Export and import in 2009–2014, January-July |
In January–July 2014, against January–July 2013, exports decreased by 2.3, imports – by 0.1%. The decrease in exports was influenced by a decrease in exports of petroleum products (30.5%) and ground vehicles (23.5%). The decrease in imports was influenced by a decrease in imports of crude oil (24.2%) and ground vehicles (14%). Mineral products excluded, exports and imports increased by 6.7 and 10% respectively. Exports of goods of Lithuanian origin decreased by 9.4%, mineral products excluded – grew by 3.6%. Exports to Russia increased by 6.4%, while exports of goods of Lithuanian origin – decreased by 11.7%, which was conditioned by a decrease in exports of milk and dairy products (12.8%), ground vehicles (48.6%) and meat and edible offal (26.3%).
In January–July 2014, the most important Lithuania's partners in exports were Russia (21.4%), Latvia (9.2%), Poland (8.2%), and Germany (7.5%), in imports – Russia (21.8%), Germany (10.6%), Poland (9.5%), and Latvia (6.6%). Most of the goods of Lithuanian origin were exported to Germany (10.7%), Latvia (8.3%), Poland (7.3%), and the Netherlands (7.1%).
In January–July 2014, the largest share in Lithuania's exports and imports fell within mineral products (17.4 and 25.4% respectively), machinery and mechanical appliances, electrical equipment (14.6 and 16%), and products of the chemical or allied industries (9.4 and 11%). As for the goods of Lithuanian origin, the largest share in exports fell within mineral products (25.7%), miscellaneous manufactured articles (10.1%), live animals and animal products (8.3%), and plastics and articles thereof (8.2%).
Table 1. Foreign trade balance, LTL million
|
|
Exports |
Imports |
Balance |
|
January–July 2013 |
48 002.5 |
51 140.2 |
–3 137.8 |
|
January |
6 596.2 |
7 322.7 |
–726.5 |
|
February |
6 756.0 |
6 940.9 |
–184.9 |
|
March |
7 413.8 |
7 367.8 |
46.0 |
|
I quarter |
20 765.9 |
21 631.4 |
–865.5 |
|
April |
6 988.8 |
7 826.5 |
–837.7 |
|
May |
6 433.2 |
6 853.6 |
–420.4 |
|
June |
6 787.3 |
6 723.4 |
63.9 |
|
II quarter |
20 209.3 |
21 403.6 |
–1 194.3 |
|
July |
7 027.2 |
8 105.3 |
–1 078.1 |
|
August |
7 288.3 |
7 630.6 |
–342.3 |
|
September |
7 449.0 |
8 017.7 |
–568.7 |
|
III quarter |
21 764.4 |
23 753.5 |
–1 989.1 |
|
October |
7 832.0 |
8 340.2 |
–508.2 |
|
November |
7 280.3 |
7 892.2 |
–611.9 |
|
December |
6 895.6 |
7 468.9 |
–573.3 |
|
IV quarter |
22 007.9 |
23 701.3 |
–1 693.4 |
|
2013 |
84 747.6 |
90 489.8 |
–5 742.2 |
|
January–July 2014 |
46 890.3 |
51 065.7 |
–4 175.4 |
|
January |
5 862.7 |
6 480.9 |
−618.2 |
|
February |
6 208.6 |
6 512.3 |
−303.7 |
|
March |
6 528.6 |
7 320.3 |
−791.7 |
|
I quarter |
18 600.0 |
20 313.5 |
−1 713.5 |
|
April |
6 878.1 |
7 511.3 |
–633.2 |
|
May1 |
6 887.7 |
7 628.4 |
–740.7 |
|
June1 |
7 120.2 |
7 531.8 |
–411.6 |
|
II quarter1 |
20 885.9 |
22 671.5 |
–1 785.6 |
|
July |
7 404.4 |
8 080.7 |
–676.3 |
________________
1 Revised data.
Table 2. Structure of and changes in foreign trade by BEC in January–July 2014
|
BEC |
Exports |
Imports |
||||
|
value, LTL million |
share, % |
change, against the respective period in 2013,% |
value, LTL million |
share, % |
change, against the respective period in 2013,% |
|
|
Capital goods |
5 301.4 |
11.3 |
7.4 |
6 391.1 |
12.5 |
1.8 |
|
Intermediate goods |
23 870.9 |
50.9 |
–3.3 |
30 730.2 |
60.2 |
–3.8 |
|
Consumption goods |
14 404.3 |
30.7 |
7.7 |
12 340.2 |
24.2 |
10.2 |
|
Motor spirit |
2 371.7 |
5.1 |
–35.8 |
16.8 |
0.0 |
–43.6 |
|
Passenger motor cars |
828.9 |
1.8 |
–28.6 |
1 579.6 |
3.1 |
–5.3 |
|
Other |
113.1 |
0.2 |
–27.8 |
7.8 |
0.0 |
–39.2 |
Table 3. Structure of and changes in trade with key foreign partners in January–July 2014
|
|
Exports |
|
Imports |
|||||
|
value, LTL million |
share,% |
share of goods of Lithuanian origin,% |
change, against the respective period in 2013,% |
value, LTL million |
share,% |
change, against the respective period in 2013,% |
||
|
Total |
46 890.3 |
100.0 |
56.9 |
–2.3 |
Total |
51 065.7 |
100.0 |
–0.1 |
|
EU28 |
26 318.7 |
56.1 |
70.6 |
–3.0 |
EU28 |
32 882.5 |
64.4 |
8.5 |
|
CIS3 |
14 863.9 |
31.7 |
19.3 |
2.0 |
CIS3 |
14 321.5 |
28.0 |
–17.5 |
|
EFTA4 |
1 283.4 |
2.7 |
92.8 |
11.0 |
EFTA4 |
368.0 |
0.7 |
–9.6 |
|
Russia |
10 014.3 |
21.4 |
12.9 |
6.4 |
Russia |
11 127.3 |
21.8 |
–26.3 |
|
Latvia |
4 335.0 |
9.2 |
50.9 |
–5.5 |
Germany |
5 414.9 |
10.6 |
2.4 |
|
Poland |
3 853.6 |
8.2 |
50.2 |
10.9 |
Poland |
4 872.5 |
9.5 |
–0.4 |
|
Germany |
3 520.5 |
7.5 |
81.4 |
–3.4 |
Latvia |
3 389.4 |
6.6 |
12.6 |
|
Belarus |
2 121.1 |
4.5 |
16.3 |
–12.9 |
Netherlands |
2 754.3 |
5.4 |
–0.3 |
|
Estonia |
2 117.8 |
4.5 |
52.1 |
–16.5 |
Italy |
2 439.8 |
4.8 |
26.6 |
|
Netherlands |
2 066.5 |
4.4 |
92.2 |
–4.5 |
United Kingdom |
2 163.6 |
4.2 |
91.6 |
|
United Kingdom |
1 998.8 |
4.3 |
90.0 |
–31.5 |
Belgium |
1 868.8 |
3.7 |
6.5 |
|
United States |
1 778.2 |
3.8 |
97.7 |
30.6 |
Belarus |
1 652.0 |
3.2 |
9.0 |
|
Sweden |
1 655.0 |
3.5 |
85.9 |
6.8 |
Sweden |
1 607.7 |
3.1 |
4.0 |
|
Ukraine |
1 336.6 |
2.9 |
77.2 |
–2.7 |
France |
1 393.1 |
2.7 |
0.4 |
|
Denmark |
1 157.5 |
2.5 |
82.5 |
13.4 |
Estonia |
1 354.3 |
2.7 |
–10.4 |
|
France |
1 136.5 |
2.4 |
88.9 |
–6.8 |
China |
1 259.2 |
2.5 |
14.2 |
|
Norway |
1 063.3 |
2.3 |
93.7 |
6.6 |
Finland |
1 041.9 |
2.0 |
11.1 |
|
Italy |
908.4 |
1.9 |
83.1 |
14.7 |
Spain |
992.6 |
1.9 |
23.7 |
|
Other countries |
7 827.2 |
16.7 |
67.9 |
–8.1 |
Other countries |
7 734.3 |
15.3 |
19.5 |
________________
3 Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan,
Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, Uzbekistan.
4 Iceland, Lichtenstein, Norway, Switzerland.
Table 4. Commodity structure of and changes in exports in January–July 2014
|
CN sections |
Value, LTL million |
Share,% |
Share of goods of Lithuanian origin,% |
Change, against the respective period in 2013,% |
|
|
|
Total |
46 890.3 |
100.0 |
56.9 |
–2.3 |
|
27 |
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes |
8 048.0 |
17.2 |
84.2 |
–30.4 |
|
84 |
Boilers, machinery and mechanical appliances; parts thereof |
3 745.8 |
8.0 |
14.8 |
8.7 |
|
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 |
3 089.2 |
6.6 |
24.3 |
56.5 |
|
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 |
3 043.9 |
6.5 |
85.0 |
16.7 |
|
39 |
Plastics and articles thereof |
2 901.9 |
6.2 |
74.3 |
2.1 |
|
87 |
Vehicles other than railway or tramway rolling stock, and parts and accessories thereof |
2 132.6 |
4.5 |
15.0 |
–23.5 |
|
31 |
Fertilisers |
1 796.1 |
3.8 |
87.0 |
–6.7 |
|
44 |
Wood and articles of wood; wood charcoal |
1 752.5 |
3.7 |
80.9 |
13.1 |
|
04 |
Dairy produce; birds' eggs; natural honey; edible products of animal origin, not elsewhere specified or included |
1 295.4 |
2.8 |
94.0 |
13.3 |
|
|
Other |
19 084.9 |
40.7 |
48.9 |
5.1 |
Table 5. Commodity structure of and changes in exports of goods of Lithuanian origin in January–July 2014
|
CN sections |
Value, LTL million |
Share,% |
Change, against the respective period in 2013,% |
|
|
|
Total |
26 664.3 |
100.0 |
–9.4 |
|
27 |
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes |
6 773.4 |
25.4 |
–33.7 |
|
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 |
2 586.8 |
9.7 |
19.0 |
|
39 |
Plastics and articles thereof |
2 156.1 |
8.1 |
1.2 |
|
31 |
Fertilisers |
1 562.1 |
5.9 |
–10.4 |
|
44 |
Wood and articles of wood; wood charcoal |
1 417.4 |
5.3 |
10.3 |
|
04 |
Dairy produce; birds' eggs; natural honey; edible products of animal origin, not elsewhere specified or included |
1 218.0 |
4.6 |
11.5 |
|
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 |
751.0 |
2.8 |
17.4 |
|
10 |
Cereals |
689.9 |
2.6 |
–18.1 |
|
73 |
Articles of iron or steel |
555.1 |
2.1 |
17.3 |
|
|
Other |
8 954.5 |
33.5 |
1.2 |
Table 6. Commodity structure of and changes in imports in January–July 2014
|
CN sections |
Value, LTL million |
Share,% |
Change, against the respective period in 2013,% |
|
|
|
Total |
51 065.7 |
100.0 |
–0.1 |
|
27 |
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes |
12 477.9 |
24.4 |
–21.7 |
|
84 |
Boilers, machinery and mechanical appliances; parts thereof |
4 610.2 |
9.0 |
14.8 |
|
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 |
3 543.2 |
6.9 |
39.9 |
|
87 |
Vehicles other than railway or tramway rolling stock, and parts and accessories thereof |
3 395.0 |
6.6 |
–14.0 |
|
39 |
Plastics and articles thereof |
2 189.0 |
4.3 |
9.6 |
|
30 |
Pharmaceutical products |
1 560.0 |
3.1 |
16.0 |
|
29 |
Organic chemicals |
1 248.6 |
2.4 |
–4.4 |
|
08 |
Edible fruit and nuts; peel of citrus fruit or melons |
1 170.7 |
2.3 |
4.1 |
|
73 |
Articles of iron or steel |
962.5 |
1.9 |
14.7 |
|
|
Other |
19 908.6 |
39.1 |
10.1 |
Table 7. Volume of and changes in imports and exports
|
Period |
Exports |
Exports of goods of Lithuanian origin |
Imports |
Balance |
|||
|
value, |
change, |
value, |
change, |
value, |
change, |
LTL million |
|
|
2013-07 |
7 027.2 |
3.5 |
4 062.0 |
−1.1 |
8 105.3 |
20.6 |
−1 078.1 |
|
2013-08 |
7 288.3 |
3.7 |
4 306.4 |
6.0 |
7 630.6 |
−5.9 |
−342.3 |
|
2013-09 |
7 449.0 |
2.2 |
4 702.8 |
9.2 |
8 017.7 |
5.1 |
−568.7 |
|
2013-10 |
7 832.0 |
5.1 |
4 645.4 |
−1.2 |
8 340.2 |
4.0 |
−508.2 |
|
2013-11 |
7 280.3 |
−7.0 |
4 155.8 |
−10.5 |
7 892.2 |
−5.4 |
−611.9 |
|
2013-12 |
6 895.6 |
−5.3 |
3 964.6 |
−4.6 |
7 468.9 |
−5.4 |
−573.3 |
|
2014-01 |
5 862.7 |
−15.0 |
3 565.6 |
−10.1 |
6 480.9 |
−13.2 |
−618.2 |
|
2014-02 |
6 208.6 |
5.9 |
3 614.9 |
1.4 |
6 512.3 |
0.5 |
−303.7 |
|
2014-03 |
6 528.6 |
5.2 |
3 664.1 |
1.4 |
7 320.3 |
12.4 |
−791.7 |
|
2014-04 |
6 878.1 |
5.4 |
4 051.4 |
10.6 |
7 511.3 |
2.6 |
−633.2 |
|
2014-05 |
6 887.7 |
0.1 |
3 984.5 |
−1.7 |
7 628.4 |
1.6 |
−740.7 |
|
2014-06 |
7 120.2 |
3.4 |
3 781.0 |
−5.1 |
7 531.8 |
−1.3 |
−411.6 |
|
2014-07 |
7 404.4 |
4.0 |
4 002.8 |
5.9 |
8 080.7 |
7.3 |
−676.3 |
Note. Due
to rounding, the sum of lines or columns in some tables may disagree with the
"Total".
For more information, see the Database of
Indicators.
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