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
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Bank DnB NORD A/S increasing its holdings in its Lithuanian subsidiary to 99.84 percent through acquisition of shares from minority shareholders.
more »
AB Bank SNORAS will grant LTL 35 million for financing the small and medium businesses on the exclusive conditions.
more »
Rejecting survival plans from both General Motors and Chrysler, President Barack Obama warned the ailing US automakers they could be forced into bankruptcy if they don't find a way to slash their debt.
more »
Prevailing wisdom says when the going gets tough the weary go drinking. The demand for beer exceeds the demand for all other alcoholic beverages in USA.
more »
Things have been moving slowly for Swiss watchmakers in recent months. The global economic downturn has hit the country's third most important industry hard.
more »
The move came a day before the U.S. government was due to outline new steps to help GM and Chrysler as part of the federal bailout.
more »
With the European year of creativity and innovation in full swing, leading figures warn against cutting back on research and development in times of crisis.
more »
Wall Street has been looking for signs of a bullish comeback, and today's surprise news on the economic front revived a buying spree... started by Monday's 7% rally.
more »
With the economic crisis eating away at public finances, budget deficits in five countries are expected to exceed the 3% of gross domestic product allowed by the EU.
more »
China is calling for a new global currency to replace the dominant dollar, showing a growing assertiveness on revamping the world economy ahead of next week's London summit on the financial crisis.
more »