After exceptional growth last year, Lithuanian exports have lost momentum

Exports of goods of Lithuanian origin, excluding mineral products, continue to grow, though at a somewhat slower pace than last year. In early 2018, nominal exports of Lithuanian goods increased by 6.8% compared to the same period in 2017 (15.4% throughout 2017). Growth in exports of petroleum products of Lithuanian origin turned negative. In light of the latest data, Lithuanian exports are unlikely to gather momentum in the short run. Moreover, the looming trade war between Europe, other countries and the US does not warrant optimism.

This article is available only for subscribers. Click here to subscribe or log-in, if you have already subscribed.

Please log in or comment anonymously
You are logged in or comment anonymously
Commenting anonymously or login
Post
Add Your Comment
Latest news