News

During the first half of 2013, as compared to the same period last year, Lithuania's exports to India grew by 2.9% and amounted to LTL26.4 million, Statistics Lithuania reports. 81.3% of the exported goods (total value LTL21.5 million) were of Lithuanian origin.

The main export commodities include: optical, measuring, checking, precision, medical and surgical instruments (19.2% of Lithuania's total exports to India), iron and steel products (17.4%), electrical machinery and equipment (13.0%), vegetable textile fibers and paper yarn (9.6%).

Precision, measuring and medical devices emerged for the first time as a number one export commodity. The export growth in this product category, as compared to the same period last year, was 57.9%.

Rapid growth was also recorded in other commodity groups: vegetable textile fibers and paper yarn (2.9 times), chemical products (25%), plastic products (52.6%), zinc and its products (11.2 times).

During the first half of 2013, Lithuania’s export to India 37 has been registered in 37 product categories (as measured by EU Combined Nomenclature’s binomial classification); this number was 34 last year.

Copper and articles thereof featured most distinctly in the group of ‘newcomer’ products; the total value of copper articles shipped from Lithuania to India during the last six months was LTL 1.4 million.

In 2012, Lithuanian exports to India amounted to LTL 49.46 million. India was Lithuania’s 58th largest export partner.

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