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Exports increased by 5.9% and imports by 1.4% in Lithuania in February

Zita Kuzmickaite, Statistics Lithuania, 10.04.2014.Print version
Statistics Lithuania informs that, based on non-final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports in February 2014 amounted to LTL 6.2 billion, imports – LTL 6.5 billion. Exports of goods of Lithuanian origin amounted to LTL 3.6 billion. Exports increased by 5.9% and imports by 1.4%.

The foreign trade deficit of Lithuania amounted to LTL 0.3 billion.

 

Over the month (in February 2014, against January), exports increased by 5.9%. This was influenced by an increase in exports of boilers, machinery and mechanical appliances, parts thereof (by 24.4%), petroleum products (by 5.8%), ground vehicles (by 16.9%). Imports increased by 1.4%. This was influenced by an increase in imports of boilers, machinery and mechanical appliances, parts thereof (by 15.7%), various chemical products (by 81%). Mineral products excluded, exports and imports of goods increased by 5.9 and 5.8% respectively. Exports of goods of Lithuanian origin increased by 0.3%, mineral products excluded – decreased by 2.2%. Exports to Russia increased by 24.3%, exports of goods of Lithuanian origin – by 17.5%. The increase in exports of goods of Lithuanian origin was influenced by a 72.6% increase in exports of dairy products.

 

In February 2014, against February 2013, exports decreased by 8.1%. This was influenced by a decrease in exports of petroleum products (by 41.7%), cereals (by 41.4%) and fertilisers (by 27.6%). Imports decreased by 8.1%. This was determined by a decrease in imports of crude petroleum (by 48%), ground vehicles (by 12.2%). Mineral products excluded, exports and imports of goods increased by 3.5 and 7.8% respectively. Exports of goods of Lithuanian origin decreased by 17.3%, mineral products excluded – by 0.8%. Exports to Russia increased by 0.2%, exports of goods of Lithuanian origin – by 11.9%.

 

In January–February 2014, against the same period of 2013, exports decreased by 9.6%. This was influenced by a decrease in exports of petroleum products (by 45%), cereals (by 39.9%) and fertilisers (by 29.2%).Imports decreased by 9.9%.  This was determined by a decrease in imports of crude petroleum (by 48.5%), ground vehicles (by 4.6%). Mineral products excluded, exports and imports of goods increased by 3.5 and 8% respectively. Exports of goods of Lithuanian origin decreased by 19.4%, mineral products excluded – by 1.6%. Exports to Russia increased by 3.6%, exports of goods of Lithuanian origin – by 11.8%, exports of Lithuanian dairy products – by 12.5%. Exports to Ukraine decreased by 31.9%, exports of goods of Lithuanian origin – by 39.4%.

 

In January–February 2014, the most important partners in exports were Russia (19.2%), Latvia (9.8%), Germany (8%), Poland (7.4%), in imports – Russia (22.7%), Germany (10.4%), Poland (9.6%) and Latvia (6.6%). Most of goods of Lithuanian origin were exported to Germany (10.7%), the United Kingdom (9%), Latvia (8.9%) and the United States (7.7%).

 

In January–February 2014, the largest share in exports and imports fell within mineral products (17.2 and 26.3% respectively), machinery and mechanical appliances, electrical equipment (12.8 and 14.3% respectively), products of the chemical or allied industries (9 and 11.1% respectively). As for the goods of Lithuanian origin, the largest share in exports fell within mineral products (25%), miscellaneous manufactured articles (10.7%), live animals and animal products (8.5%), plastics and articles thereof (8%).


Table 1. Foreign trade balance, LTL million

 

Exports

Imports

Balance

January–February 20131

13352.5

14362.2

–1009.7

    January

6594.6

7278.5

−683.9

    February

6757.9

7083.7

−325.8

    March

7417.5

7530.4

−112.9

I quarter

20770.1

21892.6

−1122.5

    April

6989.9

8037.0

−1047.1

    May

6453.5

6933.2

−479.7

    June

6793.2

6837.9

−44.7

II quarter

20236.6

21808.1

−1571.5

    July

7016.1

8222.4

−1206.3

    August

7279.9

7751.3

−471.4

    September

7447.9

8189.4

–741.5

III quarter

21743.9

24163.0

–2419.1

    October

7839.9

8490.9

–651.0

    November

7280.5

7867.0

–586.5

    December

6908.0

7299.7

–391.7

IV quarter

22028.4

23657.6

–1629.2

20131

84779.0

91521.4

–6742.4

 

 

 

 

January–February 2014

12071.4

12937.5

-866.1

    January2

5862.7

6425.2

−562.5

    February

6208.7

6512.3

−303.6


Non-final data
2 Revised data


Table 2. Structure of and changes in foreign trade by BEC in January–February 2014

BEC

Exports

Imports

value, LTL million

share, %

change, against the respective period of 2013,%

value, LTL million

share, %

change, against the respective period of 2013, %

Total

12071.4

100.0

−9.6

12937.5

100.0

−9.9

Capital goods

1181.0

9.8

7.5

1467.7

11.3

3.0

Intermediate goods

6152.6

51.0

−13.1

7748.2

59.9

−19.8

Consumption goods

4005.1

33.2

12.7

3296.6

25.5

14.6

Motor spirit

506.0

4.2

−61.1

2.3

0.0

−59.1

Passenger motor cars

198.0

1.6

−29.1

421.5

3.3

7.5

Other

28.8

0.2

−23.1

1.2

0.0

−42.4


Table 3. Structure of and changes in trade with key foreign partners in January–February 2014

 

Exports

 

Imports

value, LTL million

share, %

share of goods of Lithuanian origin, %

change, against the respective period of 2013, %

value, LTL million

share, %

change, against the respective period of 2013, %

Total

12071.4

100.0

59.1

−9.6

Total

12937.5

100.0

−9.9

EU28

7041.8

58.3

71.4

−10.9

EU28

8148.5

63.0

7.2

CIS3

3484.1

28.9

19.9

−0.7

CIS3

3796.4

29.3

−34.3

EFTA 4

359.3

3.0

91.4

13.1

EFTA 4

102.8

0.8

−14.9

Russia

2317.9

19.2

15.7

3.6

Russia

2936.5

22.7

−44.6

Latvia

1188.7

9.8

53.3

2.3

Germany

1342.9

10.4

2.7

Germany

969.9

8.0

79.0

−4.3

Poland

1237.5

9.6

−0.1

Poland

892.5

7.4

50.9

7.5

Latvia

858.8

6.6

10.6

United Kingdom

714.5

5.9

90.2

−33.2

Netherlands

736.7

5.7

−1.0

United States

562.2

4.7

98.2

−0.3

Italy

578.6

4.5

23.0

Belarus

560.0

4.6

16.1

0.8

Belgium

472.1

3.6

6.0

Netherlands

557.0

4.6

93.8

−27.0

United Kingdom

450.8

3.5

57.9

Estonia

509.6

4.2

46.9

−41.7

Belarus

440.9

3.4

55.9

Sweden

465.2

3.9

86.2

4.7

Sweden

407.9

3.2

11.5

Other

3333.9

27.7

74.0

−13.2

Other

3474.8

26.8

10.4

 

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 2014

CN sections

value, LTL million

share, %

share of goods of Lithuanian origin, %

change, against the respective period of 2013, %

 

Total

12071.4

100.0

59.1

−9.6

27   

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

2050.1

17.0

86.0

−44.3

84

Boilers, machinery and mechanical appliances; parts thereof

846.2

7.0

17.7

7.6

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

845.4

7.0

87.1

13.9

39

Plastics and articles thereof

731.0

6.1

77.3

−2.2

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

701.6

5.8

29.2

39.9

87

Vehicles other than railway or tramway rolling stock, and parts and accessories thereof

515.0

4.3

12.5

−19.0

44

Wood and articles of wood; wood charcoal

477.4

4.0

82.5

19.1

31

Fertilisers

441.4

3.7

81.4

−29.2

04

Dairy produce; birds' eggs; natural honey; edible products of animal origin, not elsewhere specified or included

365.0

3.0

93.8

31.2

 

Other

5098.3

42.1

50.2

2.8


Table 5. Commodity structure of and changes in exports of goods of Lithuanian origin in January–February 2014

CN sections

value, LTL million

share, %

change, against the respective period in 2013, %

 

Total

7136.1

100.0

−19.4

27   

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

1762.1

24.7

−48.1

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

736.4

10.3

14.6

39

Plastics and articles thereof

565.1

7.9

−2.4

44

Wood and articles of wood; wood charcoal

393.8

5.5

16.3

31

Fertilisers

359.2

5.0

−37.1

04

Dairy produce; birds' eggs; natural honey; edible products of animal origin, not elsewhere specified or included

342.5

4.8

27.5

10

Cereals

280.6

3.9

−41.1

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

204.8

2.9

17.1

84

Boilers, machinery and mechanical appliances; parts thereof

150.0

2.1

18.4

 

Other

2341.6

32.9

2.8


Table 6. Commodity structure of and changes in imports in January–February 2014

CN sections

value, LTL million

share, %

change, against the respective period in 2013, %

 

Total

12937.5

100.0

−9.9

27   

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

3266.8

25.3

−39.4

84

Boilers, machinery and mechanical appliances; parts thereof

991.2

7.7

4.3

87

Vehicles other than railway or tramway rolling stock, and parts and accessories thereof

879.6

6.8

−4.6

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

861.0

6.7

28.5

39

Plastics and articles thereof

532.4

4.1

8.5

30

Pharmaceutical products

399.9

3.1

6.8

29

Organic chemicals

361.9

2.8

−8.8

08

Edible fruit and nuts; peel of citrus fruit or melons

305.3

2.4

−7.3

72

Iron and steel

260.6

2.0

−0.6

 

Other

5078.8

39.1

11.0


Table 7. Volume of 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

2013-02

6757.9

2.5

4323.4

−4.5

7083.7

−2.7

−325.8

2013-03

7417.5

9.8

4651.8

7.6

7530.4

6.3

−112.9

2013-04

6989.9

−5.8

4116.6

−11.5

8037.0

6.7

−1047.1

2013-05

6453.5

−7.7

3661.9

−11.0

6933.2

−13.7

−479.7

2013-06

6793.2

5.3

4106.4

12.1

6837.9

−1.4

−44.7

2013-07

7016.1

3.3

4055.8

−1.2

8222.4

20.2

−1206.3

2013-08

7279.9

3.8

4299.3

6.0

7751.3

−5.7

−471.4

2013-09

7447.9

2.3

4697.9

9.3

8189.4

5.7

−741.5

2013-10

7839.9

5.3

4636.1

−1.3

8490.9

3.7

−651.0

2013-11

7280.5

−7.1

4140.3

−10.7

7867.0

−7.3

−586.5

2013-12

6908.0

−5.1

3891.3

−6.0

7299.7

−7.2

−391.7

2014-01

5862.7

−15.1

3561.9

−8.5

6425.2

−12.0

−562.5

2014-02

6208.7

5.9

3574.2

0.3

6512.3

1.4

−303.6


Note. Due to rounding, the sum of lines or columns in some tables may disagree with the "Total".






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