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Thursday, 25.04.2024, 08:11
In February, exports in Lithuania increased by 11.4, imports – by 13.5%
The foreign trade deficit of Lithuania amounted to EUR 0.2 billion (LTL 0.7 billion).
The increase in exports was influenced by a decrease in exports of petroleum products (31.5%), boilers, machinery and mechanical appliances and parts thereof (31.7%), fertilisers (33.6%). The increase in imports was determined by an increase in imports of crude oil (44.1%), boilers, machinery and mechanical appliances and parts thereof (27.9%) and ground vehicles (27.9%). Mineral products excluded, exports increased by 8.2%, imports – 13.6%. Exports of goods of Lithuanian origin increased by 4.1%, mineral products excluded – decreased by 1.1%. Exports to Russia increased by 36.2%, of goods of Lithuanian origin – 5.3%.
Over the year (February 2015, against February 2014), exports decreased by 5%, imports increased by 2.7%. The decrease in exports was determined by a decrease in exports of petroleum products (8.6%) and ground vehicles (29.2%), while the increase in imports was influenced by an increase in imports of boilers, machinery and mechanical appliances and parts thereof (35.9%) and electrical machinery and equipment and parts thereof (21.9%). A decrease in value of exported petroleum products was conditioned by price drop for oil. Mineral products excluded, exports decreased by 4%, imports increased by 4.9%. Exports of goods of Lithuanian origin decreased by 6%, mineral products excluded – 1.7%. Exports to Russia decreased by 32%, of goods of Lithuanian origin – 62.4%. Exports of food and agricultural products (CN sections I–IV) to Russia dropped by 63%, of food and agricultural products of Lithuanian origin – 88%.
Exports and imports in 2010–2015, in January-February |
In January–February 2015, against the same period of 2014, exports decreased by 6.9%, imports – 3.4%. The decrease in exports was influenced by a decrease in exports of petroleum products (16.7%), ground vehicles (26.8%) and edible vegetables (58.5%). The decrease in imports was influenced by a decrease in imports of crude oil (21%), edible vegetables (59.6%) and ground vehicles (11.6%). A decrease in value of exported petroleum products and imported crude oil was conditioned by price drop for oil. Mineral products excluded, exports of goods decreased by 4.5%, imports – increased by 0.3%. Exports of goods of Lithuanian origin decreased by 6.5%, mineral products excluded – grew by 0.7%. Exports to Russia decreased by 34.7%, of goods of Lithuanian origin – 60.5%, which was conditioned by a decrease in exports of milk and dairy products (99.5%), plastics and articles thereof (64.7%); meat and edible meat offal was not exported. Exports of food and agricultural products (CN sections I–IV) to Russia decreased by 64.5%, of food and agricultural products of Lithuanian origin – by 84.9% (in January–February 2014, exports of such products amounted to EUR 55 million, while in the same period of 2015 – EUR 8.3 million).
In January–February 2015, the most important Lithuania's partners in exports were Russia (13.4%), Latvia (9.9%), Germany (9.4%) and Poland (9.1%), in imports – Russia (18%), Germany (10.9%), Poland (9.9%) and Latvia (7.3%). Most of the goods of Lithuanian origin were exported to Germany (12.8%), Latvia (7.7%), the United States (7.5%) and the Netherlands (7.3%).
In January–February 2015, the largest share in Lithuania's exports and imports fell within mineral products (15.2 and 23.3% respectively), machinery and mechanical appliances, electrical equipment (13.9 and 17.4%), and products of the chemical or allied industries (11.7 and 12.1%). As for the goods of Lithuanian origin, the largest share in exports fell within mineral products (20%), miscellaneous manufactured articles (11.7%), products of the chemical or allied industries (11%) and prepared foodstuffs (7.9%).
Table 1. Foreign trade balance, EUR million
|
Exports |
Imports |
Balance |
January–February 2014 |
3 517.7 |
3 777.5 |
–259.8 |
January |
1 700.1 |
1 888.7 |
–188.6 |
February |
1 817.6 |
1 888.8 |
–71.2 |
March |
1 897.1 |
2 129.8 |
–232.7 |
I quarter |
5 414.7 |
5 907.2 |
–492.5 |
April |
1 997.2 |
2 184.9 |
–187.7 |
May |
1 999.2 |
2 221.4 |
–222.2 |
June |
2 066.7 |
2 184.4 |
–117.7 |
II quarter |
6 063.0 |
6 590.7 |
–527.7 |
July |
2 143.2 |
2 355.1 |
–211.9 |
August |
2 048.7 |
2 131.7 |
–83.0 |
September |
2 258.7 |
2 392.4 |
–133.7 |
III quarter |
6 450.6 |
6 879.2 |
–428.6 |
October |
2 380.4 |
2 509.1 |
–128.7 |
November |
2 168.0 |
2 527.8 |
–359.8 |
December |
1 924.3 |
2 116.6 |
–192.3 |
IV quarter |
6 472.7 |
7 153.5 |
–680.8 |
20141 |
24 401.0 |
26 530.6 |
–2 129.6 |
January–February 2015 |
3 276.3 |
3 650.2 |
–373.9 |
January2 |
1 549.8 |
1 709.7 |
–159.9 |
February1 |
1 726.5 |
1 940.5 |
–214.0 |
1 Non-final data
2 Revised data
Table 2. Structure of and changes in foreign trade by BEC in January–February 2015
BEC |
Exports |
Imports |
||||
value, EUR million |
share, % |
change, against the respective period of 2014, % |
value, EUR million |
share, % |
change, against the respective period of 2014, % |
|
Total |
3 276.3 |
100.0 |
–6.9 |
3 650.2 |
100.0 |
–3.4 |
Capital goods |
376.0 |
11.5 |
9.0 |
521.1 |
14.3 |
16.3 |
Intermediate goods |
1 709.7 |
52.2 |
–4.9 |
2 159.6 |
59.2 |
–3.8 |
Consumption goods |
1 035.8 |
31.6 |
–10.4 |
859.3 |
23.5 |
–10.6 |
Motor spirit |
114.7 |
3.5 |
–22.6 |
3.5 |
0.1 |
5.3 t. |
Passenger motor cars |
32.4 |
1.0 |
–48.3 |
101.5 |
2.8 |
–17.7 |
Other |
7.7 |
0.2 |
–8.1 |
5.1 |
0.1 |
14.1 t. |
Table 3. Structure of and changes in trade with key foreign partners in January–February 2015
|
Exports |
|
Imports |
|||||
value, EUR million |
share,% |
share of goods of Lithuanian origin,% |
change, against the respective period of 2014,% |
value, EUR million |
share,% |
change, against the respective period of 2014,% |
||
Total |
3 276.3 |
100.0 |
59.8 |
–6.9 |
Total |
3 650.2 |
100.0 |
–3.4 |
EU28 |
2 100.2 |
64.1 |
67.7 |
2.0 |
EU28 |
2 336.4 |
64.0 |
–2.3 |
Euro area |
1 327.1 |
40.5 |
69.0 |
2.3 |
Euro area |
1 536.2 |
42.1 |
–5.4 |
CIS3 |
721.7 |
22.0 |
16.5 |
–28.5 |
CIS3 |
917.6 |
25.1 |
–16.6 |
EFTA4 |
109.1 |
3.3 |
89.9 |
4.9 |
EFTA4 |
60.5 |
1.7 |
2 t. |
Russia |
438.5 |
13.4 |
9.5 |
–34.7 |
Russia |
657.3 |
18.0 |
–22.7 |
Latvia |
322.9 |
9.9 |
46.5 |
–6.5 |
Germany |
397.6 |
10.9 |
1.6 |
Germany |
308.1 |
9.4 |
81.5 |
4.0 |
Poland |
362.7 |
9.9 |
1.2 |
Poland |
297.1 |
9.1 |
42.4 |
11.8 |
Latvia |
265.2 |
7.3 |
4.2 |
Netherlands |
162.3 |
5.0 |
88.0 |
0.7 |
Netherlands |
158.0 |
4.3 |
–26.4 |
Estonia |
152.9 |
4.7 |
43.2 |
4.5 |
Sweden |
149.4 |
4.1 |
27.3 |
United States |
151.7 |
4.6 |
96.8 |
–7.6 |
Italy |
146.9 |
4.0 |
–12.2 |
United Kingdom |
145.6 |
4.4 |
88.8 |
–27.8 |
China |
122.8 |
3.4 |
23.5 |
Sweden |
137.4 |
4.2 |
83.2 |
2.9 |
Belarus |
113.9 |
3.1 |
–10.9 |
Belarus |
122.1 |
3.7 |
12.2 |
–24.7 |
Kazakhstan |
113.5 |
3.1 |
34.5 |
Denmark |
120.3 |
3.7 |
79.1 |
39.7 |
United Kingdom |
109.4 |
3.0 |
–19.5 |
France |
95.9 |
2.9 |
86.3 |
10.7 |
Belgium |
107.1 |
2.9 |
–21.8 |
Norway |
90.7 |
2.8 |
89.9 |
2.6 |
Estonia |
99.5 |
2.7 |
–3.1 |
Italy |
73.8 |
2.3 |
81.0 |
7.0 |
France |
93.4 |
2.6 |
–7.1 |
Ukraine |
63.4 |
1.9 |
66.3 |
–20.5 |
Finland |
80.2 |
2.2 |
3.0 |
Other |
593.6 |
18.0 |
69.8 |
6.0 |
Other |
673.3 |
18.5 |
20.7 |
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–February 2015
CN sections, chapters |
Value, EUR million |
Share,% |
Share of goods of Lithuanian origin,% |
Change, against the respective period of 2014,% |
|
|
Total |
3 276.3 |
100.0 |
59.8 |
–6.9 |
V |
Mineral products |
498.7 |
15.2 |
78.4 |
–18.0 |
27 |
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes |
494.1 |
15.1 |
78.5 |
–17.8 |
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 |
455.6 |
13.9 |
23.8 |
1.9 |
84 |
Boilers, machinery and mechanical appliances; parts thereof |
275.9 |
8.4 |
17.3 |
13.1 |
VI |
Products of the chemical or allied industries |
383.8 |
11.7 |
56.0 |
16.2 |
31 |
Fertilisers |
180.9 |
5.5 |
89.8 |
24.1 |
XX |
Miscellaneous manufactured articles |
272.1 |
8.3 |
84.3 |
3.3 |
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 |
253.4 |
7.7 |
87.4 |
4.5 |
IV |
Prepared foodstuffs; beverages, spirits and vinegar; tobacco and manufactured tobacco substitutes |
223.4 |
6.8 |
69.3 |
–4.0 |
24 |
Tobacco and manufactured tobacco substitutes |
51.8 |
1.6 |
100.0 |
57.4 |
II |
Vegetable products |
216.6 |
6.6 |
47.3 |
–22.9 |
10 |
Cereals |
72.8 |
2.2 |
97.2 |
–12.8 |
VII |
Plastics and articles thereof; rubber and articles thereof |
198.7 |
6.1 |
73.0 |
–11.3 |
39 |
Plastics and articles thereof |
185.8 |
5.7 |
77.3 |
–12.1 |
XI |
Textiles and textile articles |
196.7 |
6.0 |
62.0 |
–11.1 |
62 |
Articles of apparel and clothing accessories, not knitted or crocheted |
70.1 |
2.1 |
60.0 |
–11.0 |
|
Other |
830.7 |
25.4 |
59.0 |
–8.7 |
Table 5. Commodity structure of and changes in exports of goods of Lithuanian origin in January–February 2015
CN sections, chapters |
Value, EUR million |
Share,% |
Change, against the respective period of 2014,% |
|
|
Total |
1 958.5 |
100.0 |
–6.5 |
V |
Mineral products |
391.1 |
20.0 |
–24.2 |
27 |
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes |
387.9 |
19.8 |
–24.1 |
XX |
Miscellaneous manufactured articles |
229.3 |
11.7 |
2.5 |
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 |
221.5 |
11.3 |
2.9 |
VI |
Products of the chemical or allied industries |
214.9 |
11.0 |
25.0 |
31 |
Fertilisers |
162.5 |
8.3 |
29.3 |
IV |
Prepared foodstuffs; beverages, spirits and vinegar; tobacco and manufactured tobacco substitutes |
154.9 |
7.9 |
–0.3 |
24 |
Tobacco and manufactured tobacco substitutes |
51.8 |
2.6 |
61.3 |
VII |
Plastics and articles thereof; rubber and articles thereof |
145.1 |
7.4 |
–11.2 |
39 |
Plastics and articles thereof |
143.7 |
7.3 |
–11.5 |
I |
Live animals; animal products |
143.4 |
7.3 |
–19.2 |
04 |
Dairy produce; birds' eggs; natural honey; edible products of animal origin, not elsewhere specified or included |
69.6 |
3.6 |
–29.9 |
XI |
Textiles and textile articles |
121.9 |
6.2 |
–5.5 |
62 |
Articles of apparel and clothing accessories, not knitted or crocheted |
42.1 |
2.1 |
–5.4 |
|
Other |
557.9 |
28.5 |
–0.1 |
Table 6. Commodity structure of and changes in imports in January–February 2015
CN sections, chapters |
Value, EUR million |
Share,% |
Change, against the respective period of 2014,% |
|
|
Total |
3 650.2 |
100.0 |
–3.4 |
V |
Mineral products |
851.3 |
23.3 |
–13.8 |
27 |
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes |
814.9 |
22.3 |
–14.2 |
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 |
633.6 |
17.4 |
18.5 |
84 |
Boilers, machinery and mechanical appliances; parts thereof |
368.4 |
10.1 |
28.9 |
VI |
Products of the chemical or allied industries |
443.3 |
12.1 |
6.5 |
30 |
Pharmaceutical products |
127.7 |
3.5 |
10.1 |
XVII |
Vehicles, aircraft, vessels and associated transport equipment |
233.0 |
6.4 |
–18.9 |
87 |
Vehicles other than railway or tramway rolling stock, and parts and accessories thereof |
225.5 |
6.2 |
–11.6 |
XV |
Base metals and articles of base metal |
220.3 |
6.0 |
4.2 |
73 |
Articles of iron or steel |
76.2 |
2.1 |
16.8 |
IV |
Prepared foodstuffs; beverages, spirits and vinegar; tobacco and manufactured tobacco substitutes |
184.8 |
5.1 |
–9.3 |
22 |
Beverages, spirits and vinegar |
42.1 |
1.2 |
–21.4 |
VII |
Plastics and articles thereof; rubber and articles thereof |
179.1 |
4.9 |
–1.9 |
39 |
Plastics and articles thereof |
149.5 |
4.1 |
–2.1 |
|
Other |
904.8 |
24.8 |
–5.1 |
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,% |
EUR million |
|
2014−02 |
1 817.6 |
6.9 |
1 062.9 |
3.0 |
58.5 |
1 888.8 |
0.0 |
−71.2 |
2014−03 |
1 897.1 |
4.4 |
1 065.7 |
0.3 |
56.2 |
2 129.8 |
12.8 |
−232.7 |
2014−04 |
1 997.2 |
5.3 |
1 178.0 |
10.5 |
59.0 |
2 184.9 |
2.6 |
−187.7 |
2014−05 |
1 999.2 |
0.1 |
1 160.5 |
−1.5 |
58.0 |
2 221.4 |
1.7 |
−222.2 |
2014−06 |
2 066.7 |
3.4 |
1 108.1 |
−4.5 |
53.6 |
2 184.4 |
−1.7 |
−117.7 |
2014−07 |
2 143.2 |
3.7 |
1 163.6 |
5.0 |
54.3 |
2 355.1 |
7.8 |
−211.9 |
2014−08 |
2 048.7 |
−4.4 |
1 122.3 |
−3.5 |
54.8 |
2 131.7 |
−9.5 |
−83.0 |
2014−09 |
2 258.7 |
10.3 |
1 281.1 |
14.1 |
56.7 |
2 392.4 |
12.2 |
−133.7 |
2014−10 |
2 380.4 |
5.4 |
1 360.7 |
6.2 |
57.2 |
2 509.1 |
4.9 |
−128.7 |
2014−11 |
2 168.0 |
−8.9 |
1 232.4 |
−9.4 |
56.8 |
2 527.8 |
0.7 |
−359.8 |
2014−12 |
1 924.3 |
−11.2 |
1 078.5 |
−12.5 |
56.0 |
2 116.6 |
−16.3 |
−192.3 |
2015−01 |
1 549.8 |
−19.5 |
959.7 |
−11.0 |
61.9 |
1 709.7 |
−19.2 |
−159.9 |
2015−02 |
1 726.5 |
11.4 |
998.8 |
4.1 |
57.9 |
1 940.5 |
13.5 |
−214.0 |
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.