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Thursday, 18.04.2024, 07:43
In January–July exports and imports grew by 8.3 and 6.1%
Over the month (July 2012, against June), exports increased by 1.5%. It was influenced by an increase in exports of petroleum products – by 36.6%, boilers, machinery and mechanical appliances, parts thereof – 5.4%. Imports increased by 5.2%, which was determined by an increase in imports of crude oil – by 19.2%, and organic chemicals – 31.7%. Mineral products excluded, exports of goods decreased by 6.4%, while imports increased by 1.2%. Exports of goods of Lithuanian origin grew by 2.4%, while mineral products excluded – decreased by 11.8%.
Over the year (July 2012, against July 2011), exports grew by 13.2%. It was influenced by an increase in exports of ground vehicles (by 60.6%), boilers, machinery and mechanical appliances, parts thereof (40.8%), electrical machinery and equipment and parts thereof (28.4%). Imports grew by 13.6%, which was influenced by an increase in imports of petroleum products (by 63.8%), electrical machinery and equipment and parts thereof (34.7%), ground vehicles (16.1%). Mineral products excluded, exports of goods increased by 19.2, imports – 17.9%. Exports of goods of Lithuanian origin decreased by 0.2%, while mineral products excluded – grew by 4.5%.
In January–July 2012, against the same period in 2011, exports and imports grew by 8.3 and 6.1% respectively. Mineral products excluded, exports of goods increased by 11, imports – 5.9%. Exports of goods of Lithuanian origin increased by 2.4%, mineral products excluded – 7.4%. The increase in exports was influenced by an increase in exports of boilers, machinery and mechanical appliances, parts thereof – by 36.5%, furniture – 22.1, plastics and articles thereof – 13.6%. An increase in imports was influenced by an increase in imports of petroleum products – by 67.7%, plastics and articles thereof – 14.4, edible vegetables – 29.7%.
In January–July 2012, the most important partners in exports were Russia (19%), Latvia (10.8%), Germany (8.1%), and Estonia (7.2%), in imports – Russia (31%), Germany (9.8%), Poland (9.8%), and Latvia (6%). Most of the goods of Lithuanian origin were exported to Germany (11%), the United Kingdom (10%), Latvia (9.6%), and the Netherlands (9.2%).
In January–July 2012, the largest share in exports and imports fell within mineral products (23.1 and 33.9% respectively), machinery and mechanical appliances, electrical equipment (11.5 and 12.1%), products of the chemical or allied industries (9.7 and 10.6%). As for the goods of Lithuanian origin, the largest share in exports fell within mineral products (32.8%), products of the chemical or allied industries (9.6%), and plastics and articles thereof (8.1%).
Table 1. Foreign trade balance, LTL million
|
Exports |
Imports |
Balance |
January–July 2011 |
38899.2 |
44446.8 |
-5547.6 |
I quarter |
15797.7 |
18177.3 |
-2379.6 |
II quarter |
17385.4 |
19887.9 |
-2502.5 |
July |
5716.1 |
6381.6 |
-665.5 |
III quarter |
18084.1 |
20278.8 |
-2194.7 |
IV quarter |
18309.7 |
20468.2 |
-2158.5 |
2011 m. |
69576.8 |
78812.2 |
-9235.4 |
|
|
|
|
January–July 2012 |
42112.5 |
47155.2 |
-5042.7 |
January |
5624.0 |
6414.9 |
-790.9 |
February |
5697.2 |
6750.4 |
-1053.2 |
March |
6282.1 |
7308.5 |
-1026.4 |
I quarter |
17603.2 |
20473.8 |
-2870.6 |
April |
6319.8 |
6797.2 |
-477.4 |
May** |
5344.4 |
5743.6 |
-399.2 |
June** |
6374.5 |
6892.1 |
-517.6 |
II quarter** |
18038.7 |
19432.9 |
-1394.2 |
July |
6470.6 |
7248.5 |
-777.9 |
** Revised data.
Table 2. Structure of and changes in foreign trade by BEC
BEC |
Exports |
Imports |
||||
January–July 2012 |
January–July 2012 |
|||||
value, LTL million |
share,% |
change, against the same period in 2011,% |
value, LTL million |
share,% |
change, against the same period in 2011,% |
|
Total |
42112.5 |
100.0 |
8.3 |
47155.2 |
100.0 |
6.1 |
Capital goods |
4368.2 |
10.4 |
33.2 |
5253.8 |
11.1 |
4.8 |
Intermediate goods |
22155.8 |
52.6 |
11.1 |
30543.9 |
64.8 |
6.7 |
Consumption goods |
11264.2 |
26.7 |
14.0 |
9729.8 |
20.6 |
11.4 |
Motor spirit |
3096.8 |
7.4 |
-11.9 |
41.4 |
0.1 |
-17.1 |
Passenger motor cars |
1021.0 |
2.4 |
-51.4 |
1565.1 |
3.3 |
-21.9 |
Other |
206.5 |
0.5 |
15.9 |
21.3 |
0.0 |
52.9 |
Table 3. Structure of and changes in trade with key foreign partners
Exports |
January–July 2012 |
Imports |
January–July 2012 |
|||||
value, LTL million |
share,% |
share of goods of Lithuanian origin,% |
change, against the same period in 2011,% |
value, LTL million |
share,% |
change, against the same period in 2011,% |
||
Total |
42112.5 |
100.0 |
62.1 |
8.3 |
Total |
47155.2 |
100.0 |
6.1 |
EU |
25904.4 |
61.5 |
76.5 |
10.5 |
EU |
27117.6 |
57.5 |
6.8 |
CIS1 |
12479.5 |
29.6 |
24.2 |
13.4 |
CIS1 |
16616.2 |
35.2 |
5.5 |
EFTA2 |
913.1 |
2.2 |
92.7 |
3.1 |
EFTA2 |
386.4 |
0.8 |
16.8 |
Russia |
8020.2 |
19.0 |
16.0 |
28.2 |
Russia |
14609.6 |
31.0 |
3.8 |
Latvia |
4531.9 |
10.8 |
55.2 |
21.0 |
Germany |
4640.6 |
9.8 |
2.4 |
Germany |
3427.0 |
8.1 |
84.7 |
-6.1 |
Poland |
4600.1 |
9.8 |
15.5 |
Estonia |
3018.1 |
7.2 |
72.5 |
25.9 |
Latvia |
2852.3 |
6.0 |
-1.4 |
United Kingdom |
2808.1 |
6.7 |
93.4 |
70.5 |
Netherlands |
2773.6 |
5.9 |
21.5 |
Netherlands |
2512.5 |
6.0 |
95.7 |
15.3 |
Sweden |
1591.8 |
3.4 |
2.4 |
Poland |
2456.4 |
5.8 |
49.2 |
-11.6 |
Italy |
1488.2 |
3.2 |
2.6 |
Belarus |
1898.1 |
4.5 |
18.3 |
-24.5 |
Belgium |
1449.4 |
3.1 |
0.7 |
France |
1515.4 |
3.6 |
90.3 |
-3.4 |
Belarus |
1363.4 |
2.9 |
32.0 |
Ukraine |
1440.8 |
3.4 |
81.7 |
29.4 |
Estonia |
1350.4 |
2.9 |
8.7 |
Sweden |
1423.0 |
3.4 |
88.9 |
7.7 |
France |
1063.3 |
2.3 |
-7.5 |
Other countries |
9061.0 |
21.5 |
75.7 |
-6.8 |
Other countries |
9372.5 |
19.7 |
6.4 |
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–July 2012 |
||||
value, LTL million |
share,%
|
share of goods of Lithuanian origin,% |
change, against the same period in 2011,% |
||
|
Total |
42112.5 |
100.0 |
62.1 |
8.3 |
27 |
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes |
9633.9 |
22.9 |
88.2 |
-0.2 |
84 |
Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof |
3050.0 |
7.2 |
20.4 |
36.5 |
87 |
Vehicles other than railway or tramway rolling stock, and parts and accessories thereof |
2660.7 |
6.3 |
12.3 |
-21.5 |
39 |
Plastics and articles thereof |
2658.2 |
6.3 |
79.1 |
13.6 |
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 |
2351.3 |
5.6 |
86.9 |
22.1 |
31 |
Fertilisers |
2072.0 |
4.9 |
93.1 |
3.9 |
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 |
1788.7 |
4.2 |
36.9 |
14.9 |
44 |
Wood and articles of wood; wood charcoal |
1395.3 |
3.3 |
80.5 |
4.4 |
04 |
Milk and milk products |
1005.0 |
2.4 |
95.3 |
11.8 |
|
Other |
15497.4 |
36.9 |
50.8 |
14.2 |
Table 5. Commodity structure of and changes in exports of goods of Lithuanian origin
CN sections |
January–July 2012 |
|||
value, LTL million |
share,% |
change, against the same period in 2011,% |
||
|
Total |
26131.1 |
100.0 |
2.4 |
27 |
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes |
8495.7 |
32.5 |
-6.9 |
39 |
Plastics and articles thereof |
2103.5 |
8.0 |
10.5 |
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 |
2042.2 |
7.8 |
18.0 |
31 |
Fertilisers |
1929.0 |
7.4 |
1.7 |
44 |
Wood and articles of wood; wood charcoal |
1123.8 |
4.3 |
-2.6 |
04 |
Dairy produce; birds’ eggs; natural honey; edible products of animal origin, not elsewhere specified or included |
957.9 |
3.7 |
10.3 |
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 |
659.2 |
2.5 |
7.3 |
84 |
Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof |
621.0 |
2.4 |
18.0 |
72 |
Iron and steel |
490.3 |
1.9 |
12.6 |
|
Other |
7708.5 |
29.5 |
6.0 |
Table 6. Commodity structure of and changes in imports
CN sections |
January–July 2012 |
|||
value, LTL million |
share, % |
change, against the same period in 2011,% |
||
|
Total |
47155.2 |
100.0 |
6.1 |
27 |
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes |
15388.0 |
32.6 |
6.5 |
87 |
Vehicles other than railway or tramway rolling stock, and parts and accessories thereof |
3621.5 |
7.7 |
-9.1 |
84 |
Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof |
3364.7 |
7.1 |
3.8 |
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 |
2342.4 |
5.0 |
5.8 |
39 |
Plastics and articles thereof |
1793.1 |
3.8 |
14.4 |
29 |
Organic chemicals |
1468.4 |
3.1 |
4.0 |
30 |
Pharmaceutical products |
1286.5 |
2.7 |
5.0 |
08 |
Edible fruit and nuts; peel of citrus fruit or melons |
977.8 |
2.1 |
14.8 |
72 |
Iron and steel |
942.1 |
2.0 |
2.6 |
|
Other |
15970.7 |
33.9 |
9.5 |
Table 7. Volume and changes in imports and exports
Period |
Exports |
Exports of goods of Lithuanian origin |
Imports |
Balance |
|||
value, LTL million |
change, against the previous month,% |
value, LTL million |
change, against the previous month,% |
value, LTL million |
change, against the previous month,% |
LTL million |
|
2011-07 |
5716.1 |
-5.8 |
3984.2 |
-0.3 |
6381.6 |
-5.0 |
-665.5 |
2011-08 |
6026.3 |
5.4 |
4135.3 |
3.8 |
6800.3 |
6.6 |
-774.0 |
2011-09 |
6341.7 |
5.2 |
4336.7 |
4.9 |
7096.9 |
4.4 |
-755.2 |
2011-10 |
6094.0 |
-3.9 |
4028.4 |
-7.1 |
6954.8 |
-2.0 |
-860.8 |
2011-11 |
6196.0 |
1.7 |
4032.7 |
0.1 |
7035.4 |
1.2 |
-839.4 |
2011-12 |
6019.8 |
-2.8 |
3798.5 |
-5.8 |
6478.1 |
-7.9 |
-458.3 |
2012-01 |
5624.0 |
-6.6 |
3893.2 |
2.5 |
6414.9 |
-1.0 |
-790.9 |
2012-02 |
5697.2 |
1.3 |
3639.1 |
-6.5 |
6750.4 |
5.2 |
-1053.2 |
2012-03 |
6282.1 |
10.3 |
3925.0 |
7.9 |
7308.5 |
8.3 |
-1026.4 |
2012-04 |
6319.8 |
0.6 |
3998.3 |
1.9 |
6797.2 |
-7.0 |
-477.4 |
2012-05 |
5344.4 |
-15.4 |
2819.3 |
-29.5 |
5743.6 |
-15.5 |
-399.2 |
2012-06 |
6374.5 |
19.3 |
3880.7 |
37.6 |
6892.1 |
20.0 |
-517.6 |
2012-07 |
6470.6 |
1.5 |
3975.6 |
2.4 |
7248.5 |
5.2 |
-777.9 |
Note. Due to rounding, the sum of lines or columns in some tables may disagree with the “Total”.