Lithuania’s foreign trade deficit increased in April from a year ago, as imports rose and exports fell, preliminary figures from Statistics Lithuania showed Tuesday.
The trade deficit rose to EUR 369.7 million in April from EUR 187.7 million in the corresponding month last year. In March, the shortfall was EUR 269.6 million.
Exports fell 4.1 percent annually in April, while imports grew by 4.6 percent. The contraction in exports was largely influenced by the decrease of oil products, ships, boats and floating exports.
On a monthly basis, both exports and imports grew by 1.8 percent and 6.2 percent, respectively in April.
In the January to April period, total trade deficit of the country was EUR 1.01 billion versus EUR 680.2 million in the same period of the previous year.
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