Lithuanian exports increased by 8.5% in the first ten months of 2003, compared to the same period of 2002
Published:
6 January 2004 y., Tuesday
Lithuanian exports increased by 8.5% in the first ten months of 2003, compared to the same period of 2002, whereas imports grew by 4% and the country’s foreign trade defficit narrowed by 7.7% according to the Lithuanian Statistics Department.
From October 2002 to October 2003, Lithuanian exports grew by 11.4% and imports – by 1.4%.
Lithuania’s major export partners are Switzerland (with 11.5% of total exports in ten months of 2003), Russia (10.5%), Germany (10%) and Latvia (9.7%).
The EU is the key export destination for Lithuanian products, accounting for 42.1% of total exports. Russia is Lithuania’s top import partner accounting for 22.1% of Lithuania’s total imports, followed by Germany with 16.2%, Poland with 5.2% and Italy with 4.3%.
Šaltinis:
Lithuanian Weekly
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