Export to Lithuania
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FULL NAME: Republic of Lithuania
POPULATION: 3.3 million (UN, 2009)
CAPITAL: Vilnius
MAIN CITIES: Vilnius, Kaunas, Klaipėda, Šiauliai, Panevėžys
LANGUAGES Lithuanian, Russian
CURRENCY: Lithuanian Litas
TIME ZONE: GMT+2
INTERNET DOMAIN: .lt
INTERNATIONAL DIALLING CODE: +370
ECONOMY
According to the World Bank, Lithuania is recovering well from the recession and the economy is expected to grow at a steady rate. Lithuania is considered to be the main transport hub which links the EU with the East.
KEY INDUSTRIES
- Metal-cutting machine tools
- electric motors
- television sets
- refrigerators and freezers
- petroleum refining
- shipbuilding (small ships)
- furniture making
- textiles
- food processing
- fertilizers
- agricultural machinery
- optical equipment
- electronic components
- computers
- amber jewellery
GDP (purchasing power parity):
$55.11 billion (2009 est.)
country comparison to the world: 88
$64.84 billion (2008 est.)
$63.07 billion (2007 est.)
note: data are in 2009 US dollars
GDP (official exchange rate):
$37.25 billion (2009 est.)
GDP – real growth rate:
-15% (2009 est.)
country comparison to the world: 213
2.8% (2008 est.)
9.8% (2007 est.)
GDP – per capita (PPP):
$15,500 (2009 est.)
country comparison to the world: 71
$18,200 (2008 est.)
$17,600 (2007 est.)
note: data are in 2009 US dollars
Exports:
$16.42 billion (2009 est.)
country comparison to the world: 69
$23.77 billion (2008 est.)
EXPORTS – COMMODITIES:
- Mineral products 22%
- Machinery and equipment 10%
- Chemicals 9%
- Textiles 7%
- Foodstuffs 7%
- Plastics 7%
EXPORTS – PARTNERS:
- Russia 13.2%
- Latvia 10%
- Germany 9.6%
- Poland 7.1%
- Estonia 7.1%
- Belarus 4.7%
- UK 4.3% (2009)
IMPORTS:
$17.5 billion (2009 est.)
country comparison to the world: 72
$29.51 billion (2008 est.)
IMPORTS – COMMODITIES:
- mineral products
- machinery and equipment
- transport equipment
- chemicals
- textiles and clothing
- metals
IMPORTS – PARTNERS:
- Russia 30.1%
- Germany 11.1%
- Poland 9.9%
- Latvia 6.3% (2009)
Source: www.cia.gov
ONLINE SOURCES
INVEST LITHUANIA
http://www.businesslithuania.com/en/index.html
LITHUANIAN NATIONAL TOURISM OFFICE
http://www.lithuaniatourism.co.uk/
NEWSPAPERS
