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Lithuania exported mainly to Russia cat food

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Lithuania well armed

According to IMF experts, of all EU states Lithuania will suffer the most from the effects of the mutual sanctions.

But the business paper Verslo žinios is convinced that the country needn’t worry too much:

At the moment Lithuania’s balance of trade is positive – something we haven’t seen often in the country’s recent history.

… Although 20 percent of its exports go to Russia, 15 percent are re-exported to Lithuania.

… Lithuania’s main export to Russia is food products, but also construction materials, paper and cat food. In the event of disrupted trade relations only certain sectors and companies will suffer real difficulties. The best course is for Lithuania to expand its international trade relations as quickly as possible.

 

The Baltic Review
The independent newspaper from the Baltics - for the World!

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