Analytics, Baltic Export, Foreign trade , Good for Business, Lithuania, Markets and Companies
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Tuesday, 26.11.2024, 05:35
In 2017, exports increased by 16.8%, imports – 15.5% in Lithuania
In 2017, against 2016, exports increased by 16.8, imports – 15.5%. The increase in exports was determined by an increase in exports of petroleum products (20.6%) (amount in tonnes decreased by 2.6%), machinery and mechanical appliances, parts thereof (25.9%), electrical machinery and equipment and parts thereof (25.5%). The increase in imports was influenced by an increase in imports of crude petroleum (39.9%) (amount in tonnes increased by 8.8%), ground vehicles (22.1%), machinery and mechanical appliances, parts thereof (16.1%). Mineral products excluded, exports increased by 15.9, imports – 13.9%. Exports of goods of Lithuanian origin increased by 15.4%, mineral products excluded – 12.6%.
In 2017, the most important Lithuania’s partners in exports were Russia (14.8%), Latvia (9.9%), Poland (8.1%) and Germany (7.3%), while in imports – Russia (12.6%), Germany (12.3%), Poland (10.7%) and Latvia (7.2%). Most of the goods of Lithuanian origin were exported to Germany (9.6%), Poland (9%), the United States (7.8%), Latvia (7.5%) and Sweden (7.3%).
In 2017, the largest share in Lithuania’s exports and imports fell within mineral products (14.7 and 19% respectively), machinery and mechanical appliances, electrical equipment (15.8 and 18.5% respectively) and products of the chemical and allied industries (10.1 and 11.7% respectively). As for the goods of Lithuanian origin, the largest share in exports fell within petroleum products (19.7%), miscellaneous manufactured articles (11.4%), prepared foodstuffs, beverages, spirits and tobacco (8.5%), live animals, animal products (7.7%).
Table 1. Foreign trade balance, EUR million
|
Exports |
Imports |
Balance |
2016 |
22 607.0 |
24 699.6 |
–2 092.6 |
I quarter |
5 201.7 |
5 623.3 |
–421.6 |
II quarter |
5 535.0 |
6 321.4 |
–786.5 |
III quarter |
5 731.1 |
6 179.6 |
–448.5 |
IV quarter |
6 139.2 |
6 575.2 |
–436.1 |
2017 |
26 410.5 |
28 516.2 |
–2 105.7 |
January |
1 882.5 |
2 067.4 |
–184.9 |
February |
2 007.7 |
2 191.0 |
–183.3 |
March |
2 239.5 |
2 433.2 |
–193.7 |
I quarter |
6 129.7 |
6 691.6 |
–561.9 |
April |
1 980.5 |
2 300.3 |
–319.8 |
May |
2 261.8 |
2 473.1 |
–211.3 |
June |
2 263.9 |
2 327.6 |
–63.7 |
II quarter |
6 506.2 |
7 101.0 |
–594.8 |
July |
2 029.2 |
2 327.9 |
–298.7 |
August |
2 238.9 |
2 407.7 |
–168.9 |
September |
2 303.8 |
2 417.2 |
–113.3 |
III quarter |
6 571.9 |
7 152.8 |
–580.9 |
October |
2 357.5 |
2 505.6 |
–148.0 |
November |
2 488.7 |
2 648.3 |
–159.5 |
December |
2 356.4 |
2416.9 |
–60.5 |
IV quarter |
7 202.7 |
7 570.8 |
–368.1 |
|
BEC |
Exports |
Imports |
||||
Value, EUR million |
Share, % |
Change, against 2016, % |
Value, EUR million |
Share, % |
Change, against 2016, % |
|
Total |
26 410.5 |
100.0 |
16.8 |
28 516.2 |
100.0 |
15.5 |
Capital goods |
3 552.6 |
13.5 |
31.1 |
4 900.0 |
17.2 |
21.5 |
Intermediate goods |
13 345.0 |
50.5 |
15.9 |
15 668.6 |
54.9 |
16.3 |
Consumption goods |
7 816.8 |
29.6 |
10.0 |
6 859.9 |
24.1 |
9.2 |
Motor spirit |
1 253.3 |
4.7 |
29.1 |
57.2 |
0.2 |
13.2 |
Passenger motor cars |
293.2 |
1.1 |
30.8 |
974.4 |
3.4 |
17.1 |
Other |
149.7 |
0.6 |
86.1 |
56.0 |
0.2 |
58.1 |
Table 3. Structure
of and changes in trade with key foreign partners1 in 2017
|
Exports |
|
Imports |
|||||
Value, EUR million |
Share, % |
Share of goods of Lithuanian origin, % |
Change, against 2016, % |
Value, EUR million |
Share, % |
Change, against 2016, % |
||
Total |
26 410.5 |
100.0 |
59.4 |
16.8 |
Total |
28 516.2 |
100.0 |
15.5 |
EU28 |
15
409.3 |
58.3 |
69.6 |
12.3 |
EU28 |
20
143.9 |
70.6 |
14.8 |
Euro area |
9
729.5 |
36.8 |
65.9 |
14.4 |
Euro area |
13
612.0 |
47.7 |
14.4 |
Russia |
3
919.6 |
14.8 |
7.8 |
28.7 |
Russia |
3
589.5 |
12.6 |
4.6 |
Latvia |
2
624.3 |
9.9 |
44.6 |
17.6 |
Germany |
3
507.8 |
12.3 |
15.9 |
Poland |
2
148.9 |
8.1 |
65.7 |
4.5 |
Poland |
3
058.9 |
10.7 |
14.0 |
Germany |
1
933.8 |
7.3 |
77.8 |
11.4 |
Latvia |
2
049.4 |
7.2 |
3.1 |
United States |
1
374.5 |
5.2 |
89.1 |
18.2 |
Italy |
1
484.3 |
5.2 |
10.1 |
Estonia |
1
307.7 |
5.0 |
48.4 |
9.2 |
Netherlands |
1
442.4 |
5.1 |
20.2 |
Sweden |
1
267.9 |
4.8 |
89.8 |
18.1 |
Sweden |
1
101.2 |
3.9 |
3.4 |
Belarus |
1
004.9 |
3.8 |
13.8 |
15.4 |
France |
1
086.2 |
3.8 |
28.2 |
United Kingdom |
930.2 |
3.5 |
85.7 |
–3.3 |
United Kingdom |
937.4 |
3.3 |
38.6 |
Netherlands |
928.2 |
3.5 |
82.5 |
31.2 |
Belgium |
931.8 |
3.3 |
18.8 |
Norway |
748.5 |
2.8 |
89.5 |
8.7 |
Estonia |
918.7 |
3.2 |
11.0 |
Ukraine |
736.0 |
2.8 |
74.6 |
20.6 |
Kazakhstan |
894.5 |
3.1 |
3
times |
Denmark |
673.1 |
2.5 |
81.8 |
12.5 |
China |
822.9 |
2.9 |
16.1 |
France |
661.9 |
2.5 |
84.2 |
5.9 |
Finland |
744.0 |
2.6 |
20.4 |
Italy |
604.2 |
2.3 |
81.9 |
13.9 |
Belarus |
657.3 |
2.3 |
–5.8 |
Other |
5
546.8 |
21.2 |
68.2 |
23.0 |
Other |
5
289.9 |
18.5 |
17.7 |
_______________
1 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 2017
CN sections, chapters |
Value, EUR million |
Share, % |
Share of goods
of Lithuanian origin, % |
Change, against 2016, % |
|
|
Total |
26 410.5 |
100.0 |
59.4 |
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 |
4 164.3 |
15.8 |
26.0 |
25.7 |
84 |
Machinery and mechanical appliances;
parts thereof |
2 327.4 |
8.8 |
16.4 |
25.9 |
V |
Mineral products |
3 875.4 |
14.7 |
85.5 |
22.7 |
27 |
Mineral
fuels, mineral oils and products of their distillation; bituminous
substances; mineral waxes |
3 837.5 |
14.5 |
85.6 |
22.8 |
2710 |
Petroleum products |
3 459.2 |
13.1 |
89.5 |
20.6 |
VI |
Products of the
chemical or allied industries |
2 665.8 |
10.1 |
41.7 |
8.0 |
31 |
Fertilisers |
714.9 |
2.7 |
85.5 |
3.9 |
XX |
Miscellaneous
manufactured articles |
2107.8 |
8.0 |
85.0 |
11.0 |
94 |
Furniture
and related articles, lamps and lighting fittings, prefabricated buildings |
1 939.0 |
7.3 |
89.4 |
11.1 |
IV |
Prepared
foodstuffs; beverages, spirits and vinegar; tobacco and manufactured tobacco
substitutes |
1 915.9 |
7.3 |
69.8 |
13.4 |
24 |
Tobacco and manufactured tobacco
substitutes |
500.2 |
1.9 |
97.4 |
29.8 |
VII |
Plastics
and articles thereof; rubber and articles thereof |
1 707.1 |
6.5 |
68.3 |
14.5 |
39 |
Plastics and articles thereof |
1 579.8 |
6.0 |
72.9 |
15.1 |
XV |
Base metals and articles of base metal |
1 537.1 |
5.8 |
52.3 |
30.8 |
73 |
Articles of iron or steel |
650.8 |
2.5 |
64.1 |
20.5 |
II |
Vegetable products |
1491.4 |
5.6 |
64.4 |
2.3 |
10 |
Cereals |
614.2 |
2.3 |
93.9 |
3.5 |
|
Other |
6 945.7 |
26.2 |
59.4 |
16.6 |
Table 5. Commodity
structure of and changes in exports of goods of Lithuanian origin in 2017
CN sections, chapters |
Value, EUR million |
Share, % |
Change, against
the respective period of 2016, % |
|
|
Total |
15 692.2 |
100.0 |
15.4 |
V |
Mineral products |
3 312.8 |
21.1 |
27.5 |
27 |
Mineral
fuels, mineral oils and products of their distillation; bituminous
substances; mineral waxes |
3 283.6 |
20.9 |
27.6 |
2710 |
Petroleum products |
3 096.9 |
19.7 |
26.9 |
XX |
Miscellaneous
manufactured articles |
1 792.1 |
11.4 |
10.8 |
94 |
Furniture
and related articles, lamps and lighting fittings, prefabricated buildings |
1 734.0 |
11.0 |
11.7 |
IV |
Prepared
foodstuffs; beverages, spirits and vinegar; tobacco and manufactured tobacco
substitutes |
1 337.7 |
8.5 |
12.8 |
24 |
Tobacco and manufactured tobacco
substitutes |
487.2 |
3.1 |
27.8 |
I |
Live animals; animal products |
1 210.4 |
7.7 |
18.8 |
04 |
Dairy produce; birds’ eggs; natural
honey; edible products of animal origin, not elsewhere specified or included |
527.0 |
3.4 |
26.9 |
VII |
Plastics
and articles thereof; rubber and articles thereof |
1 166.6 |
7.4 |
13.3 |
39 |
Plastics and articles thereof |
1 152.1 |
7.3 |
13.4 |
VI |
Products of the
chemical or allied industries |
1 112.9 |
7.1 |
5.1 |
31 |
Fertilisers |
611.5 |
3.9 |
4.7 |
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 |
1 081.8 |
6.9 |
25.0 |
85 |
Electrical machinery and equipment and
parts thereof; sound recorders and reproducers |
699.4 |
4.5 |
32.0 |
|
Other |
4 677.9 |
29.9 |
10.9 |
Table 6. Commodity
structure of and changes in imports in 2017
CN sections, chapters |
Value, EUR million |
Share, % |
Change, against
the respective period of 2016, % |
|
|
Total |
28 516.2 |
100.0 |
15.5 |
V |
Mineral products |
5 420.7 |
19.0 |
22.4 |
27 |
Mineral
fuels, mineral oils and products of their distillation; bituminous
substances; mineral waxes |
5 176.3 |
18.2 |
23.9 |
2709 |
Crude petroleum |
3 429.6 |
12.0 |
39.9 |
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 |
5 271.0 |
18.5 |
16.3 |
84 |
Machinery
and mechanical appliances; parts thereof |
3 027.6 |
10.6 |
16.1 |
VI |
Products
of the chemical or allied industries |
3 322.8 |
11.7 |
12.0 |
30 |
Pharmaceutical products |
1 012.6 |
3.6 |
5.6 |
XVII |
Vehicles,
aircraft, vessels and associated transport equipment |
2 726.3 |
9.6 |
18.2 |
87 |
Vehicles other than railway or tramway
rolling stock, and parts and accessories thereof |
2 625.7 |
9.2 |
22.1 |
XV |
Base metals and
articles of base metal |
1 862.9 |
6.5 |
24.1 |
72 |
Iron and steel |
622.9 |
2.2 |
32.1 |
VII |
Plastics
and articles thereof; rubber and articles thereof |
1 604.9 |
5.6 |
15.1 |
39 |
Plastics and articles thereof |
1 334.3 |
4.7 |
16.0 |
IV |
Prepared foodstuffs;
beverages, spirits and vinegar; tobacco and manufactured tobacco substitutes |
1 514.3 |
5.3 |
9.0 |
22 |
Beverages, spirits and vinegar |
419.4 |
1.5 |
17.2 |
|
Other |
6 793.3 |
23.8 |
9.9 |
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 |
|
2016-12 |
2 024.0 |
−2.9 |
1 186.1 |
–7.4 |
58.6 |
2 259.7 |
6.8 |
−235.8 |
2017-01 |
1 882.5 |
−7.0 |
1 201.8 |
1.3 |
63.8 |
2 067.4 |
−8.5 |
−184.9 |
2017-02 |
2 007.7 |
6.7 |
1 217.6 |
1.3 |
60.6 |
2 191.0 |
6.0 |
−183.3 |
2017-03 |
2 239.5 |
11.5 |
1 301.4 |
6.9 |
58.1 |
2 433.2 |
11.1 |
−193.7 |
2017-04 |
1 980.5 |
−11.6 |
1 134.4 |
−12.8 |
57.3 |
2 300.3 |
−5.5 |
−319.8 |
2017-05 |
2 261.8 |
14.2 |
1 312.5 |
15.7 |
58.0 |
2 473.1 |
7.5 |
−211.3 |
2017-06 |
2 263.9 |
0.1 |
1 340.7 |
2.1 |
59.2 |
2 327.6 |
−5.9 |
−63.7 |
2017-07 |
2 029.2 |
−10.4 |
1 162.4 |
−13.3 |
57.3 |
2 327.9 |
0.0 |
−298.7 |
2017-08 |
2 238.9 |
10.3 |
1 324.3 |
13.9 |
59.2 |
2 407.7 |
3.4 |
−168.9 |
2017-09 |
2 303.8 |
2.9 |
1 429.2 |
7.9 |
62.0 |
2 417.2 |
0.4 |
−113.3 |
2017-10 |
2 357.5 |
2.3 |
1 387.8 |
−2.9 |
58.9 |
2 505.6 |
3.7 |
−148.0 |
2017-11 |
2 488.7 |
5.6 |
1 489.2 |
7.3 |
59.8 |
2 648.3 |
5.7 |
−159.5 |
2017-12 |
2 356.4 |
−5.3 |
1 390.7 |
−6.6 |
59.0 |
2 416.9 |
-8.7 |
−60.5 |
Note. Due to rounding, the sum of lines or columns in some tables may disagree with the “Total”.
For more information, see the Database of Indicators.