Top News

Lithuania Trade Deficit Falls In March

Lithuania trade deficit decreased in March, as exports and imports declined, figures from the statistical office showed on Friday.

Trade deficit decreased to EUR 41.6 million in March from EUR 134.4 million in the same month last year. In February, the trade deficit was EUR 138.0 million.

Exports fell 1.3 percent year-on-year in March, after a 1.8 percent rise in the previous month.

Imports declined 4.7 percent annually in March, following a 3.2 percent fall in the prior month.

On a monthly basis, exports rose 9.6 percent in March and import increased 5.1 percent.

In March, imports from China grew 18.7 percent monthly and were largely those of protective masks, diagnostic reagents, disposable latex medical gloves etc that are needed to fight the coronavirus, or Covid-19, pandemic. Export of disinfectants from Lithuania increased 6.9 times, the agency said.

Related Articles

Back to top button
Close
Close

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!