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Friday, 26.04.2024, 22:02
In July, exports and imports in Lithuania increased by 11.4% and 15.4% y-o-y
Over the month (July 2017, against June), exports decreased by 10.6, imports – 0.7%. The decrease in exports was influenced by a decrease in exports of petroleum products (14.9%), electrical machinery and equipment and parts thereof (21.8%), machinery and mechanical appliances, parts thereof (10.6%). The decrease in imports was determined by a decrease in imports of machinery and mechanical appliances, parts thereof (6.2%), edible fruit and nuts (28.8%), articles of iron or steel (17.4%). A decrease in imports was slowed down by an increase in imports of crude petroleum. Mineral products excluded, exports decreased by 10.3, imports – 3.6%. Exports of goods of Lithuanian origin decreased by 14.1%, mineral products excluded – 12.6%.
Over the year (July 2017, against July 2016), exports increased by 11.4, imports – 15.4%. The increase in exports was influenced by an increase in exports of ground vehicles (56.6%), electrical machinery and equipment and parts thereof (34.7%), machinery and mechanical appliances, parts thereof (21.8%). An increase in imports was determined by an increase in imports of ground vehicles (34.4%), crude petroleum (22.3%) (amount in tonnes decreased by 2.3%), electrical machinery and equipment and parts thereof (29.6%). Mineral products excluded, exports and imports increased by 13.8 and 16.4% respectively. Exports of goods of Lithuanian origin increased by 7.2%, mineral products excluded – 7.6%.
In January–July 2017, against the same period of 2016, exports and imports increased by 16.8 and 16.4% respectively. The increase in exports was determined by an increase in exports of petroleum products (22.2%) (amount in tonnes decreased by 8.6%), machinery and mechanical appliances, parts thereof (27.4%), electrical machinery and equipment and parts thereof (27.6%). The increase in imports was influenced by an increase in imports of crude petroleum (60.4%) (amount in tonnes increased by 5.5%), ground vehicles (19.4%), machinery and mechanical appliances, parts thereof (16.6%). Mineral products excluded, exports increased by 15.7, imports – 13.8%. Exports of goods of Lithuanian origin increased by 15.1%, mineral products excluded – 11%.
In January–July 2017, the most important Lithuania’s partners in exports were Russia (14.2%), Latvia (10.1%), Poland (8.5%) and Germany (7.3%), while in imports – Russia (13%), Germany (12.5%), Poland (10.6%) and Latvia (7%). Most of the goods of Lithuanian origin were exported to Germany (9.5%), Poland (9.2%), the United States (8.1%), Sweden (7.5%) and Latvia (7.5%).
In January–July 2017, the largest share in Lithuania’s exports and imports fell within mineral products (14.6 and 19.5 respectively), machinery and mechanical appliances, electrical equipment (15.8 and 18.1% respectively) and products of the chemical and allied industries (10.2 and 11.9% respectively). As for the goods of Lithuanian origin, the largest share in exports fell within petroleum products (19.7%), miscellaneous manufactured articles (11.7%), prepared foodstuffs, beverages, spirits and tobacco (9%), plastics and articles thereof (7.8%).
Table 1. Foreign trade balance, EUR million
|
Exports |
Imports |
Balance |
January–July 2016 |
12
561.0 |
13
964.0 |
–1 403.0 |
I quarter |
5
201.7 |
5
623.3 |
–421.6 |
II quarter |
5
535.0 |
6
321.4 |
–786.5 |
July |
1
824.3 |
2
019.3 |
–195.0 |
III quarter |
5
731.1 |
6
179.6 |
–448.5 |
IV quarter |
6
139.2 |
6
575.2 |
–436.1 |
2016 |
22
607.0 |
24
699.6 |
–2 092.6 |
January–July 2017 |
14
675.6 |
16
260.7 |
–1
585.1 |
January |
1
870.0 |
2
089.3 |
–219.3 |
February |
1
999.6 |
2
220.2 |
–220.6 |
March |
2
252.6 |
2
457.0 |
–204.4 |
I quarter |
6
122.3 |
6
766.5 |
–644.2 |
April |
1
979.6 |
2
318.7 |
–339.1 |
May1 |
2
267.9 |
2
498.6 |
–230.8 |
June1 |
2
273.5 |
2
346.9 |
–73.4 |
II quarter1 |
6
521.0 |
7
164.3 |
–643.3 |
July |
2
032.4 |
2
329.9 |
–297.6 |
_______________________
1 Revised
data
Table 2. Structure of and changes in foreign trade by
BEC in January–July 2017
BEC |
Exports |
Imports |
||||
Value, EUR
million |
Share, % |
Change, against the respective period of 2016, % |
Value, EUR
million |
Share, % |
Change, against the respective period of 2016, % or times (t.) |
|
Total |
14 675.6 |
100.0 |
16.8 |
16 260.7 |
100.0 |
16.4 |
Capital goods |
1 922.1 |
13.1 |
31.4 |
2 749.7 |
16.9 |
18.9 |
Intermediate goods |
7 409.1 |
50.5 |
14.3 |
9 031.5 |
55.5 |
19.1 |
Consumption goods |
4 424.2 |
30.1 |
13.0 |
3 884.0 |
23.9 |
9.3 |
Motor spirit |
686.0 |
4.7 |
28.8 |
27.5 |
0.2 |
19.1 |
Passenger motor cars |
171.5 |
1.2 |
37.0 |
542.5 |
3.3 |
13.6 |
Other |
62.8 |
0.4 |
51.6 |
25.6 |
0.2 |
2.2 t. |
Table 3. Structure of and changes in trade with key foreign partners2 in January–July 2017
|
Exports |
|
Imports |
|||||
Value, EUR
million |
Share, % |
Share of goods of Lithuanian origin, % |
Change, against the respective period of 2016, % |
Value, EUR
million |
Share, % |
Change, against the respective period of 2016, % |
||
Total |
14 675.6 |
100.0 |
58.8 |
16.8 |
Total |
16 260.7 |
100.0 |
16.4 |
EU28 |
8 673.3 |
59.1 |
68.6 |
11.5 |
EU28 |
11 416.5 |
70.2 |
15.0 |
Euro area |
5 394.5 |
36.8 |
65.0 |
13.5 |
Euro area |
7 696.1 |
47.3 |
14.2 |
Russia |
2 079.6 |
14.2 |
7.6 |
27.3 |
Russia |
2 109.1 |
13.0 |
17.0 |
Latvia |
1 481.7 |
10.1 |
43.6 |
20.4 |
Germany |
2 024.9 |
12.5 |
17.3 |
Poland |
1 250.0 |
8.5 |
63.7 |
1.1 |
Poland |
1 718.3 |
10.6 |
12.1 |
Germany |
1 075.8 |
7.3 |
76.2 |
9.1 |
Latvia |
1 145.0 |
7.0 |
1.5 |
United States |
800.8 |
5.5 |
87.6 |
17.6 |
Netherlands |
883.1 |
5.4 |
32.5 |
Sweden |
730.9 |
5.0 |
88.9 |
25.2 |
Italy |
801.7 |
4.9 |
1.2 |
Estonia |
725.6 |
4.9 |
47.9 |
9.5 |
Sweden |
656.8 |
4.0 |
11.2 |
Belarus |
579.3 |
3.9 |
13.5 |
27.2 |
France |
601.6 |
3.7 |
27.4 |
United Kingdom |
541.1 |
3.7 |
84.5 |
–2.4 |
United Kingdom |
519.5 |
3.2 |
39.5 |
Netherlands |
516.2 |
3.5 |
82.6 |
26.0 |
Belgium |
513.8 |
3.2 |
16.4 |
Norway |
433.3 |
3.0 |
89.1 |
12.0 |
Estonia |
509.2 |
3.1 |
10.6 |
Denmark |
382.6 |
2.6 |
78.5 |
8.9 |
Kazakhstan |
502.2 |
3.1 |
2.5 t. |
Ukraine |
369.3 |
2.5 |
69.8 |
31.2 |
China |
482.4 |
3.0 |
19.4 |
France |
353.6 |
2.4 |
84.4 |
–9.2 |
Finland |
438.2 |
2.7 |
29.7 |
Italy |
346.9 |
2.4 |
82.2 |
24.3 |
Belarus |
381.3 |
2.3 |
–15.6 |
Other |
3 008.9 |
20.5 |
66.9 |
23.4 |
Other |
2 973.6 |
18.3 |
15.2 |
_________________________
2 Partner country:
in case of exports – recipient country; in case of imports in trade with the EU
countries – country of consignment, in trade with the non-EU countries –
country of origin of the good.
Table 4. Commodity structure of and changes in exports
in January–July 2017
CN sections, chapters |
Value, EUR million |
Share, % |
Share of goods
of Lithuanian origin, % |
Change, against the respective period of 2016, % |
|
|
Total |
14
675.6 |
100.0 |
58.8 |
16.8 |
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 |
2
324.4 |
15.8 |
25.6 |
27.4 |
84 |
Machinery and
mechanical appliances; parts thereof |
1
291.6 |
8.8 |
16.7 |
27.4 |
V |
Mineral products |
2
145.5 |
14.6 |
84.7 |
23.6 |
27 |
Mineral fuels, mineral oils and products of
their distillation; bituminous substances; mineral waxes |
2
125.4 |
14.5 |
84.8 |
23.8 |
2710 |
Petroleum products |
1
925.6 |
13.1 |
88.3 |
22.2 |
VI |
Products of the chemical or allied industries |
1
501.7 |
10.2 |
43.3 |
4.4 |
31 |
Fertilisers |
422.5 |
2.9 |
85.5 |
–3.0 |
XX |
Miscellaneous manufactured articles |
1
186.7 |
8.1 |
84.7 |
13.1 |
94 |
Furniture and related articles, lamps and
lighting fittings, prefabricated buildings |
1
097.4 |
7.5 |
88.9 |
13.5 |
IV |
Prepared foodstuffs; beverages, spirits and
vinegar; tobacco and manufactured tobacco substitutes |
1
090.6 |
7.4 |
71.1 |
15.7 |
24 |
Tobacco and
manufactured tobacco substitutes |
297.9 |
2.0 |
99.5 |
37.0 |
VII |
Plastics and articles thereof; rubber and
articles thereof |
984.9 |
6.7 |
68.4 |
15.9 |
39 |
Plastics and articles thereof |
915.7 |
6.2 |
72.8 |
16.1 |
XV |
Base metals
and articles of base metal |
843.3 |
5.7 |
50.1 |
28.1 |
73 |
Articles of iron
or steel |
358.1 |
2.4 |
62.1 |
15.9 |
XVII |
Vehicles,
aircraft, vessels and associated transport equipment |
765.2 |
5.2 |
16.7 |
38.5 |
87 |
Vehicles other
than railway or tramway rolling stock, and parts and accessories thereof |
713.9 |
4.9 |
15.4 |
40.9 |
|
Other |
3 833.3 |
26.3 |
66.6 |
9.2 |
Table 5. Commodity structure of and changes in exports
of goods of Lithuanian origin in January–July 2017
CN sections, chapters |
Value, EUR million |
Share, % |
Change, against the respective period of 2016, % |
|
|
Total |
8
622.3 |
100.0 |
15.1 |
V |
Mineral products |
1
817.7 |
21.1 |
33.9 |
27 |
Mineral fuels, mineral oils and products of
their distillation; bituminous substances; mineral waxes |
1
802.3 |
20.9 |
34.2 |
2710 |
Petroleum products |
1
701.2 |
19.7 |
34.1 |
XX |
Miscellaneous manufactured articles |
1
005.6 |
11.7 |
11.5 |
94 |
Furniture and related articles, lamps and
lighting fittings, prefabricated buildings |
975.5 |
11.3 |
12.8 |
IV |
Prepared foodstuffs; beverages, spirits and
vinegar; tobacco and manufactured tobacco substitutes |
775.5 |
9.0 |
16.5 |
24 |
Tobacco and
manufactured tobacco substitutes |
296.4 |
3.4 |
37.8 |
VII |
Plastics and articles thereof; rubber and
articles thereof |
673.7 |
7.8 |
12.6 |
39 |
Plastics and articles thereof |
666.3 |
7.7 |
12.7 |
I |
Live animals; animal products |
663.3 |
7.7 |
26.4 |
04 |
Dairy produce;
birds’ eggs; natural honey; edible products of animal origin, not elsewhere
specified or included |
290.6 |
3.4 |
50.5 |
VI |
Products of the chemical or allied industries |
650.8 |
7.5 |
0.1 |
31 |
Fertilisers |
361.4 |
4.2 |
–2.5 |
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 |
594.9 |
6.9 |
24.4 |
85 |
Electrical
machinery and equipment and parts thereof; sound recorders and reproducers |
378.6 |
4.4 |
26.8 |
|
Other |
2 440.8 |
28.3 |
5.5 |
Table 6. Commodity structure of and
changes in imports in January–July 2017
CN sections, chapters |
Value, EUR million |
Share, % |
Change, against
the respective period of 2016, % |
|
|
Total |
16
260.7 |
100.0 |
16.4 |
V |
Mineral products |
3
165.6 |
19.5 |
29.0 |
27 |
Mineral fuels, mineral oils and products of
their distillation; bituminous substances; mineral waxes |
3
024.4 |
18.6 |
31.2 |
2709 |
Crude petroleum |
1
996.8 |
12.3 |
60.4 |
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 |
2
949.1 |
18.1 |
18.2 |
84 |
Machinery and mechanical appliances; parts
thereof |
1
691.0 |
10.4 |
16.6 |
VI |
Products of the chemical or allied industries |
1
936.8 |
11.9 |
10.9 |
30 |
Pharmaceutical products |
590.8 |
3.6 |
5.1 |
XVII |
Vehicles, aircraft, vessels and associated
transport equipment |
1
567.6 |
9.6 |
12.9 |
87 |
Vehicles other
than railway or tramway rolling stock, and parts and accessories thereof |
1
524.1 |
9.4 |
19.4 |
XV |
Base metals and articles of base metal |
1
042.0 |
6.4 |
24.0 |
73 |
Articles of iron
or steel |
345.3 |
2.1 |
23.4 |
VII |
Plastics and articles thereof; rubber and
articles thereof |
908.1 |
5.6 |
15.4 |
39 |
Plastics and articles thereof |
764.6 |
4.7 |
16.2 |
IV |
Prepared foodstuffs; beverages, spirits and
vinegar; tobacco and manufactured tobacco substitutes |
814.2 |
5.0 |
5.6 |
22 |
Beverages, spirits and vinegar |
220.4 |
1.4 |
18.6 |
|
Other |
3 877.3 |
23.9 |
11.4 |
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 |
|
2016-07 |
1 824.3 |
−1.4 |
1 068.4 |
−4.8 |
58.6 |
2 019.3 |
−2.9 |
−195.0 |
2016-08 |
1 871.9 |
2.6 |
1 148.2 |
7.5 |
61.3 |
2 033.8 |
0.7 |
−162.0 |
2016-09 |
2 034.9 |
8.7 |
1 263.4 |
10.0 |
62.1 |
2 126.4 |
4.6 |
−91.5 |
2016-10 |
2 031.4 |
−0.2 |
1 222.2 |
−3.3 |
60.2 |
2 199.9 |
3.5 |
−168.5 |
2016-11 |
2 083.8 |
2.6 |
1 279.1 |
4.7 |
61.4 |
2 115.5 |
−3.8 |
−31.8 |
2016-12 |
2 024.0 |
−2.9 |
1 185.5 |
–7.3 |
58.6 |
2 259.7 |
6.8 |
−235.8 |
2017-01 |
1 870.0 |
−7.6 |
1 187.5 |
0.2 |
63.5 |
2 089.3 |
−7.5 |
−219.3 |
2017-02 |
1 999.6 |
6.9 |
1 205.5 |
1.5 |
60.3 |
2 220.2 |
6.3 |
−220.6 |
2017-03 |
2 252.6 |
12.7 |
1 311.7 |
8.8 |
58.2 |
2 457.0 |
10.7 |
−204.4 |
2017-04 |
1 979.6 |
−12.1 |
1 130.5 |
−13.8 |
57.1 |
2 318.7 |
−5.6 |
−339.1 |
2017-05 |
2 267.9 |
14.6 |
1 308.2 |
15.7 |
57.7 |
2 498.6 |
7.8 |
−230.8 |
2017-06 |
2 273.5 |
0.2 |
1 333.5 |
1.9 |
58.7 |
2 346.9 |
−6.1 |
−73.4 |
2017-07 |
2 032.4 |
−10.6 |
1 145.4 |
−14.1 |
56.4 |
2 329.9 |
−0.7 |
−297.6 |
Note. Due to rounding, the sum of lines or columns in some tables may disagree with the “Total”.
A news release on foreign trade in August 2017 is due on 10 October 2017.
For more information, see the Database of Indicators.