Foreign trade 2010:
Exports increased by 33.2% and imports by 34.5%.

The increase in exports was influenced by a 49.4 per cent increase in exports of petroleum products.

Exports in 2010 amounted to LTL 54.3 billion, imports – LTL 60.9 billion. Foreign trade deficit of Lithuania amounted to LTL 6.6 billion, which is 45.8% more than in 2009. The increase in exports was influenced by a 49.4 per cent increase in exports of petroleum products, 46.7 per cent – ground vehicles, 41 per cent – boilers, machinery and mechanical appliances. The increase in imports was influenced by a 50.2 per cent increase in imports of crude petroleum, 68.4 – ground vehicles, 42 per cent – electrical machinery and equipment and parts thereof.
In 2010, the most important partners in exports were Russia (15.6 per cent), Germany (9.8 per cent), Latvia (9.6 per cent) and Poland (7.7 per cent), in imports – Russia (32.6 per cent), Germany (10.9 per cent), Poland (8.8 per cent) and Latvia (6.3 per cent).
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Unemployment increases, up 4.2% to 17.8% in 2010
The good news, however, is that there were some improvements to see at the end of the year.
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Consumer goods and services up 1,6% last month
Over the last year, changes in prices for housing, water, electricity, gas and other fuels group of goods and services were mostly determined by a 14.9 per cent increase in prices for solid fuel, 5.1 per cent – liquefied gas for cooking, as well as by a 6.2 per cent price drop in prices for natural gas. In 2011, the annual inflation (January 2011, against January 2010) stood at 2.9 per cent. The Over a year, prices for consumer goods grew by 3.9 per cent, while prices for services dropped by 0.2 per cent.
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