Names: conventional long form: Republic of Lithuania conventional short form: Lithuania local long form: Lietuvos Respublika local short form: Lietuva former: Lithuanian Soviet Socialist Republic
Capital City: Vilnius
Population: 3,585,906 (July 2006 est.)
GDP Per Capita: $15,100 (2006 est.)
Currency: litas (LTL)
Languages: Lithuanian (official) 82%, Russian 8%, Polish 5.6%, other and unspecified 4.4% (2001 census)
Total Area: total: 65,200 sq km land: NA sq km water: NA sq km slightly larger than West Virginia
Region: Europe
Industries: metal-cutting machine tools, electric motors, television sets, refrigerators and freezers, petroleum refining, shipbuilding (small ships), furniture making, textiles, food processing, fertilizers, agricultural machinery, optical equipment, electronic components, computers, amber jewelry
Agriculture: grain, potatoes, sugar beets, flax, vegetables; beef, milk, eggs; fish
Resources: peat, arable land, amber
Labor Force:
1.617 million (2006 est.)
agriculture: 15.8% industry: 28.2% services: 56% (2004)
Exports:
$14.64 billion f.o.b. (2006 est.)
mineral products 23%, textiles and clothing 16%, machinery and equipment 11%, chemicals 6%, wood and wood products 5%, foodstuffs 5% (2001)
Imports:
$18.25 billion f.o.b. (2006 est.)
mineral products, machinery and equipment, transport equipment, chemicals, textiles and clothing, metals
Overview:
Lithuania, the Baltic state that has conducted the most trade with Russia, has slowly rebounded from the 1998 Russian financial crisis. Unemployment dropped from 11% in 2003 to 4.5% in 2006. Growing domestic consumption and increased investment have furthered recovery. Trade has been increasingly oriented toward the West. Lithuania has gained membership in the World Trade Organization and joined the EU in May 2004. Privatization of the large, state-owned utilities, particularly in the energy sector, is nearing completion. Overall, more than 80% of enterprises have been privatized. Foreign government and business support have helped in the transition from the old command economy to a market economy.
In 2007 Missouri exported $2,089,294 in goods to Lithuania. This ranks Lithuania 101st among the 223 international buyers of Missouri goods. Missouri exports to Lithuania decreased from the previous year by $811,833 a change of -27.98%. State exports to Lithuania have increased over the last 5 years by $1,902,389 a change of 1017.84%. Missouri exports account for .02%. of all 2007 US exports to Lithuania.
| NAICS Industry | Annual | ||||||
|---|---|---|---|---|---|---|---|
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | ||
| 000 - Total All Industries MO | 186,905 | 444,043 | 254,419 | 1,385,955 | 2,901,127 | 2,089,294 | |
| 000 - Total All Industries US | 102,813,215 | 162,596,196 | 294,781,530 | 388,486,101 | 566,944,884 | 720,222,300 | |