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In February, exports in Lithuania increased by 11.4, imports – by 13.5%

Irina Plačienė, Statistics Lithuania, 10.04.2015.Print version
Statistics Lithuania informs that, based on non-final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports in February 2015 amounted to EUR 1.7 billion (LTL 6 billion), imports – EUR 1.9 billion (LTL 6.7 billion). Exports of goods of Lithuanian origin amounted to EUR 1 billion (LTL 3.4 billion). Over the month (February 2015, against January), exports 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".


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