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Thursday, 28.03.2024, 09:58
Exports increased by 5.9% and imports by 1.4% in Lithuania in February
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 |
1 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".