business-lithuania.com - Ratgeber für Geschäftsinformationen in Litauen

Willkommen zu business-lithuania.com - die Web Site, die litauische Geschäftsinformationen auf der ganzen Welt darstellt. Hier finden Sie Informationen über Tausende litauische Importeure, Exporteure, Hersteller und Dienstleister in englischer, deutscher und russischer Sprache.

About Lithuania

Lithuania, officially the Republic of Lithuania is a country in Northern Europe, the biggest of the three Baltic States. It is situated along the southeastern shore of the Baltic Sea, and across the Baltic Sea to the west lie Sweden and Denmark. It shares borders with Latvia to the north, Belarus to the east and south, Poland to the south, and a Russian exclave (Kaliningrad Oblast) to the southwest.

Government and politics

Lithuania is an independent democratic republic with a multi-party parliament. Our state's legislative power is vested in the Seimas (as we call our Parliament), the executive - in the Government. Lithuania’s foreign policy is carried out by the President and the Government.

The President’s term of office in our country is 5 years. The President is elected by all citizens of Lithuania who are over 18 years of age. The President can be elected for no more than two consecutive terms. Currently, our country is led by the seventh head of state after the Restoration of Independence and the first woman President - Dalia Grybauskaitė.

Seimas – is the name of our parliament, supreme legislative body. Seimas is a unicameral parliament with 141 members who are elected in direct and secret elections for a 4 year term. The first sitting of the Seimas after the elections is opened by the eldest member of the Seimas.

The Government is composed of Prime Minister (currently Andrius Kubilius), acting as its head, and a cabinet of 14 ministers – the country’s executive body.

Lithuania is a multi-party republic. The most popular parties in Lithuania are Homeland Union - Lithuanian Christian Democrats, Social Democrats and Liberals.

Foreign relationships

Lithuania became a member of the United Nations on 18 September 1991, and is a signatory to a number of its organizations and other international agreements. It is also a member of the Organization for Security and Cooperation in Europe, NATO and its adjunct North Atlantic Coordinating Council, the Council of Europe, and the European Union. Lithuania gained membership in the World Trade Organization on 31 May 2001. It also seeks membership in the OECD and other Western organizations.

Lithuania maintains foreign diplomatic missions in 94 countries on six continents and consular posts in two countries that are not represented by an embassy. Lithuania's liberal "zero-option" citizenship law has substantially erased tensions with its neighbors. Lithuania's suspension of two strongly ethnic Polish district councils on charges of blocking reform or disloyalty during the August 1991 coup had cooled relations with Poland, but bilateral cooperation markedly increased with the holding of elections in those districts and the signing of a bilateral Friendship Treaty in 1994. Although a similar bilateral friendship agreement was signed with Belarus in 1995, Lithuania has joined the United States and other European nations in urging the Government of Belarus to adopt democratic and economic reforms.

Lithuania has established diplomatic relations with 149 countries.

Prior to the global financial crisis of 2007–2010, Lithuania had one of the fastest growing economies in the European Union. Lithuania became a full member of the Schengen Agreement on 21 December 2007. In 2009, Vilnius was the European Capital of Culture and Lithuania celebrated the millennium of its name. Eurobasket 2011 will take place in Lithuania.

Foreign trade

PRESS RELEASE

Foreign trade of Lithuania in January–June 2011

Statistics Lithuania informs that, based on provisional data obtained from customs declarations and Intrastat reporting data, exports in June 2011 amounted to LTL 6.1 billion, imports – LTL 6.6 billion. Foreign trade deficit of Lithuania amounted to LTL 0.5 billion, which is by 19.1 per cent more than in the same period in 2010. Data on trade with the EU countries were adjusted after VAT returns data had been received.

In June 2011, compared to June 2010, exports and imports increased by 32.4 and 31.3 per cent respectively. Mineral products excluded, exports and imports grew by 32.7 and 25.9 per cent respectively. Exports of goods of Lithuanian origin grew by 24.2 per cent, mineral products excluded – by 24.1 per cent. An increase in exports was influenced by an increase in exports of petroleum products – by 29.4 per cent, ground vehicles – by 90.3 per cent, fertilisers – by 97.5 per cent, boilers, machinery and mechanical appliances and parts thereof – by 29.2 per cent. An increase in imports was influenced by a 35.3 per cent increase in imports of crude oil, 66.4 per cent – ground vehicles, 45 per cent – boilers, machinery and mechanical appliances and parts thereof.

Over the month (June 2011, compared to May), exports grew by 0.4 per cent, while imports dropped by 2.9 per cent. Mineral products excluded, exports grew by 0.2 per cent, while imports dropped by 6.8 per cent. Exports of goods of Lithuanian origin grew by 1.6 per cent, mineral products excluded – by 3.6 per cent. An increase in exports was influenced by a 58.4 per cent increase in exports of ferrous waste and scrap, 21 per cent – milk and milk products. A decrease in imports was influenced by a 15.3 per cent decrease in imports of ground vehicles, 44.1 per cent – edible vegetables.

In January–June 2011, compared to the same period in 2010, exports and imports increased by 41.2 and 41.9 per cent respectively. Mineral products excluded, exports and imports grew by 40.5 per cent each. Exports of goods of Lithuanian origins grew by 31.7 per cent, mineral products excluded – by 28.3 per cent. An increase in exports was influenced by a 44.6 per cent increase in exports of petroleum products, 2.1 times – ground vehicles, 97.3 per cent – fertilisers. An increase in imports was influenced by a 47.2 per cent increase in imports of crude oil, 97.6 per cent – ground vehicles, 57.1 per cent – boilers, machinery and mechanical appliances and parts thereof.

In January–June 2011, the most important partners in exports were Russia (15.9 per cent), Latvia (9.5 per cent), Germany (9.1 per cent), and Poland (7.4 per cent), in imports – Russia (32.4 per cent), Germany (10 per cent), Poland (8.9 per cent), and Latvia (6.5 per cent).

In January–June 2011, the largest share in exports fell within mineral products (24.4 per cent), vehicles, aircraft, vessels and associated transport equipment (9.7 per cent), products of the chemical or allied industries (9.6 per cent), in imports – mineral products (34.3 per cent), machinery and mechanical appliances, electrical equipment (11.8 per cent), products of the chemical or allied industries (10.5 per cent). 

Table 1. Foreign trade balance
LTL million 

 

Exports

Imports

Balance

January–June 2011

33344.7

37814.4

-4469.7

January

4958.5

5724.8

-766.3

February

5161.5

5779.0

-617.5

March

5664.5

6528.1

-863.6

I quarter

15784.5

18032.0

-2247.5

April**

5301.6

6315.8

-1014.2

May**

6117.4

6833.9

-716.5

June

6141.3

6632.7

-491.4

II quarter

17560.3

19782.5

-2222.2

January–June 2010

23609.9

26655.8

-3045.9

I quarter

10519.1

12046.0

-1526.9

June

4637.8

5050.3

-412.5

II quarter

13090.8

14609.8

-1519.0

III quarter

14405.3

16486.4

-2081.1

IV quarter

16023.6

17810.6

-1787.0

2010

54038.8

60952.8

-6914.0

** Revised data.

Table 2. Structure of and changes in foreign trade by BEC 

BEC

January–June 2011

exports

imports

change, compared to the same period in 2010, per cent

value, LTL million

share, per cent

value, LTL million

share, per cent

exports

imports

Total

33344.7

100.0

37814.4

100.0

41.2

41.9

Capital goods

2754.5

8.3

3985.6

10.5

19.8

66.9

Intermediate goods

17017.9

51.0

24590.7

65.0

42.9

41.3

Consumption goods

8500.1

25.5

7446.3

19.7

32.0

25.8

Motor spirit

2956.4

8.9

28.2

0.1

36.3

-58.1

Passenger motor cars

2018.4

6.1

1750.6

4.6

2.8 t.

99.3

Other

97.5

0.3

13.0

0.0

-

-

Table 3. Structure of and changes in trade with key foreign partners

Exports

January–June 2011

Imports

January–June 2011

value, LTL million

share of goods of Lithuanian origin, per cent

share, per cent

change, compared to the same period in 2010, per cent

value, LTL million

share, per cent

change, compared to the same period in 2010, per cent

Total

33344.7

65.0

100.0

41.2

Total

37814.4

100.0

41.9

EU

20055.8

79.7

60.1

36.3

EU

21278.2

56.3

42.7

CIS1

9510.5

22.9

28.5

64.7

CIS1

13662.6

36.1

41.1

EFTA2

711.3

91.4

2.1

2.5

EFTA2

289.9

0.8

62.5

Russia

5287.6

20.0

15.9

62.0

Russia

12244.8

32.4

37.1

Latvia

3151.6

55.4

9.5

46.3

Germany

3763.4

10.0

36.6

Germany

3050.6

87.3

9.1

22.3

Poland

3379.6

8.9

41.8

Poland  

2457.9

71.3

7.4

46.1

Latvia

2440.6

6.5

53.3

Belarus  

2358.2

10.3

7.1

88.0

Netherlands

1954.1

5.2

77.5

Netherlands

2036.7

95.9

6.1

64.6

Sweden

1305.1

3.5

46.3

Estonia

1937.6

68.2

5.8

53.8

Belgium

1212.2

3.2

30.8

United Kingdom

1476.8

93.1

4.4

20.7

Italy

1159.2

3.1

38.3

France

1280.4

91.4

3.8

61.4

Estonia

1058.1

2.8

50.1

Sweden

1148.7

90.8

3.4

25.7

France

1000.6

2.6

40.8

United States

1093.4

99.4

3.3

99.6

Belarus

852.1

2.3

87.7

Other

8065.2

77.7

24.2

-

Other

7444.6

19.5

-

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–June 2011

value, LTL million

share of goods of Lithuanian origin, per cent

share, per cent

change, compared to the same period in 2010, per cent

 

Total

33344.7

65.0

100.0

41.2

27

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

8089.9

94.6

24.3

43.4

87

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

3128.8

9.9

9.4

2.1 t.

39

Plastics and articles thereof

1967.1

81.6

5.9

18.2

84

Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

1866.7

24.1

5.6

41.6

31

Fertilisers

1731.7

94.9

5.2

97.3

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

1653.8

90.0

5.0

25.7

85

Electrical machinery and equipment and part thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles

1331.6

40.4

4.0

31.8

44

Wood and articles of wood; wood charcoal

1155.5

85.7

3.5

35.7

04

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

754.3

96.5

2.3

34.9

 

Other

11665.3

53.8

34.8

-

Table 5. Commodity structure of and changes in exports of goods of Lithuanian origin

CN sections

January–June 2011

value, LTL million

share, per cent

change, compared to the same period in 2010, per cent

 

Total

21679.1

100.0

31.7

27

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

7655.8

35.3

38.4

31

Fertilisers

1642.6

7.6

99.9

39

Plastics and articles thereof

1605.1

7.4

18.6

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

1488.0

6.9

23.0

44

Wood and articles of wood; wood charcoal

990.3

4.6

36.0

04

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

727.6

3.4

36.2

85

Electrical machinery and equipment and part thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles

537.5

2.5

19.6

84

Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

449.2

2.1

28.2

24

Tobacco and manufactured tobacco substitutes

398.5

1.8

75.3

 

Other

6184.5

28.4

-

Table 6. Commodity structure of and changes in imports  

CN sections

January–June 2011

value, LTL million

share, per cent

change, compared to the same period in 2010, per cent

 

Total

37814.4

100.0

41.9

27

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

12508.5

33.1

44.4

87

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

3420.6

9.0

97.6

84

Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

2617.2

6.9

57.1

85

Electrical machinery and equipment and part thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles

1855.8

4.9

31.0

39

Plastics and articles thereof

1317.9

3.5

30.1

29

Organic chemicals

1201.1

3.2

23.2

30

Pharmaceutical products

1067.5

2.8

17.5

72

Iron and steel

797.8

2.1

69.4

08

Edible fruit and nuts; peel of citrus fruit or melons

716.6

1.9

55.0

 

Other

12311.4

32.6

-

Table 7. Changes in imports and exports 

Period

Exports

Exports of goods of Lithuanian origin

Imports

Balance

value, LTL million

change, compared to the previous month, per cent

value, LTL million

change, compared to the previous month, per cent

value, LTL million

change, compared to the previous month, per cent

LTL million

2010-06

4637.8

7.7

3252.4

10.1

5050.3

10.0

-412.5

2010-07

4521.0

-2.5

3079.2

-5.3

5490.0

8.7

-969.0

2010-08

4924.0

8.9

3339.3

8.4

5274.8

-3.9

-350.8

2010-09

4960.3

0.7

3368.4

0.9

5721.6

8.5

-761.3

2010-10

5359.0

8.0

3527.8

4.7

5743.6

0.4

-384.6

2010-11

5249.7

-2.0

3399.5

-3.6

6081.5

5.9

-831.8

2010-12

5414.9

3.1

3476.2

2.3

5985.5

-1.6

-570.6

2011-01

4958.5

-8.4

3578.7

2.9

5724.8

-4.4

-766.3

2011-02

5161.5

4.1

3431.7

-4.1

5779.0

0.9

-617.5

2011-03

5664.5

9.7

3441.2

0.3

6528.1

13.0

-863.6

2011-04

5301.6

-6.4

3209.8

-6.7

6315.8

-3.3

-1014.2

2011-05

6117.4

15.4

3977.3

23.9

6833.9

8.2

-716.5

2011-06

6141.3

0.4

4040.3

1.6

6632.7

-2.9

-491.4

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

A press release on foreign trade in January–July 2011 is due on 9 September 2011.


Sources: www.lietuva.lt, www.wikipedia.org, www.stat.gov.lt,

www.etlbaltic.eu

Dein Geschäft in Baltikum beginnen

www.etlbaltic.eu
    
www.didneriai.lt

TRANSPORT UND LOGISTIK

www.didneriai.lt
    
www.solotransa.lt

TRANSPORT UND LOGISTIK

www.solotransa.lt
    
www.saveksta.lt

Spedition and logistics

www.saveksta.lt
    
www.baltcontract.eu

Vermittlungsagentur: Personalmiete.

www.baltcontract.eu
    
www.mida.lt

JSC "Mida LT" Bitumen roof coating manufacturer

www.mida.lt
    
Greitos Paskolos

Pirma Paskola Nemokama! Greitos paskolos internetu per 15 min.

Greitos Paskolos
    
Kreditas Internetu

Kreditai internetu iki 3500 Lt! Terminas — iki 24 mėn.!

Kreditas Internetu
    

Ihre zuletzt besuchten Seiten

About Lithuania :: Business-lithuania.com
Apie projektą :: Business-lithuania.com
Lithuanian companies, importers, exporters, producers, services, import, export, trade :: ...