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Exports up 2.2%in January 15 March 2012

Exports in January 2012 were worth LTL5.6 billion and imports LTL6.4 billion and the foreign trade deficit was LTL0.8 billion according to Statistics Lithuania, based on non-final data obtained from customs declarations and Intrastat reporting data.

Klaipeda

In January 2012 compared to December 2011 exports decreased 6.7%. Reduced exports of boilers, machinery, mechanical appliances and parts were down 34.6%, ground vehicles down 35.1%.

Imports decreased 1%, which was due to a decrease in imports of machinery and mechanical appliances and parts down 33.3%; electrical machinery, equipment and parts down 22.2%.

Mineral products excluded, exports of goods decreased by 11.8%, imports down 15.3%. Export of goods of Lithuanian origin increased by 2.2%, but with mineral products excluded the decreased by 2.4%.

For January 2012 compared to January 2011 exports grew 13.3%, which was influenced by an increase in export of petroleum products – up 12.8%, and boilers, machinery and mechanical appliances and parts were up 45.8%. Imports grew by 11.8%, which was determined by an increase in imports of mineral products – by 22.1%, plastics and articles thereof – 14.5%.

Mineral products excluded, exports of goods increased by 13.7%, imports – 5.1%. Exports of goods of Lithuanian origin increased by 8.2%, mineral products excluded – 9%.

In January 2012, the largest export markets were Russia (14.1%), United Kingdom (10.6%), Latvia (10%), Netherlands (8.8%). For imports Russia (40.5%), Poland (8.5%), Germany (7.9%), and the Netherlands (5.1%) were top.

Most goods of Lithuanian origin were exported to the United Kingdom (14.8%), the Netherlands (12.4%), Germany (10%) and Latvia (8.1%).

In January 2012, the largest share in exports and imports was within mineral products (exports – 28.4%, imports – 43%), products of chemical or allied industries (10.6 and 9.8%), machinery and mechanical appliances, electrical equipment (9.2 and 9.7%).

As for the goods of Lithuanian origin, the largest share in exports was within mineral products (38.1%), products of chemical or allied industries (10.4%), and furniture (7.1%).

Structure of and changes in trade with key foreign partners

Exports

January 2012

Imports

January 2012

value, LTL million

share of goods of Lithuanian origin, per cent

share, per cent

change, against the respective period of 2011, per cent.

value, LTL million

share, per cent

change, against the respective period of 2011, per cent

Total

5616.4

68.9

100.0

13.3

Total

6398.9

100.0

11.8

EU

3810.2

79.8

67.8

16.8

EU

3097.8

48.4

7.1

CIS1

1294.2

29.6

23.0

18.2

CIS1

2814.4

44.0

19.6

EFTA2

116.7

92.9

2.1

0.3

EFTA2

58.3

0.9

94.9

Russia

790.5

16.5

14.1

26.4

Russia

2590.6

40.5

19.2

United Kingdom

593.2

96.4

10.6

  2.0 t.

Poland

542.9

8.5

29.1

Latvia

560.3

56.0

10.0

30.4

Germany

507.7

7.9

5.8

Netherlands

495.5

96.8

8.8

51.5

Netherlands

327.2

5.1

17.2

Germany

457.6

84.6

8.1

1.0

Latvia

324.6

5.1

-5.6

Estonia

326.0

67.0

5.8

17.8

Belgium

175.4

2.7

-0.8

Poland

305.7

53.5

5.4

2.9

Sweden

173.4

2.7

-1.1

France

271.5

92.3

4.8

-30.2

China

158.9

2.5

16.9

Ukraine

224.5

85.0

4.0

69.6

Belarus

153.7

2.4

57.1

Sweden

206.3

89.3

3.7

15.3

Estonia

145.8

2.3

-6.2

Belarus

177.1

21.9

3.2

-26.0

Italy

141.3

2.2

-1.5

Other

1208.2

78.0

21.5

-

Other

1157.4

18.1

-

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