EconomyLithuania

Lithuania exported mainly to Russia cat food

0

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 Newspaper from the Baltics - for the World ! NEW! Dear friends and subscribers, on our TELEGRAM channel "THE BALTIC REVIEW" you will always find the latest information, pictures and videos. Just click on the link THE BALTIC REVIEW TELEGRAM CHANNEL ( or the globe icon below) and register. This free messenger service can also be used easily on a PC or laptop without a smartphone. Please also use this communication possibility, evaluate the individual articles positively and we would be very pleased if you would use the commentary possibilities diligently.

Swedish education: Trip to real-life War in Syria on a tourist ticket for video-gamer kids

Previous article

Football: Stankevicius in German Bundesliga

Next article

Comments

Comments are closed.

You may also like

More in Economy