Lithuanian Export Portfolio Engineered products • Electric equipment for industry, telecom and medical equipment • LCD and TV sets Top 5 export markets 2010 6% 6% 7% Russia 20% Latvia Germany 13% Belarus United Kingdom Engineered products: competitive advantages • Highly skilled and experienced workforce • Flexibility to fulfill small orders • Custom-made precision products • Rapid modernization of enterprises, quality and process optimisation • Attractive price-quality ratio • Eco-friendly systems Furniture & wood processing • Furniture Top 5 Export Markets 2010 Germany • Wood shavings 7% 8% 15% Sweden United Kingdom • Parquet 8% 13% Norway France Furniture & wood processing: competitive advantages • Geographical proximity to major sector markets • Modern technologies and innovative business solutions • Expertise in supply chain and strategic management • Flexibility to fulfill small orders • Rich raw material resources • Attractive price-quality ratio Products for printing & packaging • PET production Top 5 Export Markets 2010 • Paperboard Germany 8% 7% 25% Poland Russia 11% 13% Ukraine France Products for printing & packaging: competitive advantages • Attractive price-quality ratio • Modern technologies (Japanese, German etc.) • Wide range of products • Custom-made and expedited orders • Convenient geographical location Products for life industries (chemical, pharma, biotech) • Fertilizers for agriculture Top 5 Export Markets 2010 • Paints for industries Germany 8% • DAP • PET production • Bio-pharma production 13% 9% 12% 12% India Latvia United Kingdom Estonia Products for life industries: competitive advantages • Biotech: - Unique products - Close cooperation between science and business - Extensive export geography • Chemical industry: - Partnership with international industrial groups - Deep sector specialization - Established position in the world export market (Export of fertilizers ranks 13th (2.14%) in the world) Renewables & environmental technologies • Biomass and biofuel Top 5 Export Markets 2010 • Solar batteries • Water treatment equipment • Components for wind energy • Heating equipment Russia 8% 6% 30% 9% Sweden Norway 13% Belarus Latvia Renewables & environmental technologies: competitive advantages • Innovative solutions • Highly export oriented • Attractive price-quality ratio • Close cooperation between science and business Textile & apparel • Knitwear • Home textile • Linen • Yarn for knitwear and weaving • Men’s suits Top 5 Export Markets 2010 Russia 6% 22% 7% 8% Germany United Kingdom 12% Denmark Sweden Textile & apparel: competitive advantages • Quality products • Short production and delivery time • Ability to produce small batches • High technological and linguistic staff competences and work culture • Relatively low labor costs • Business experience in international (especially Eastern) markets • Deep industry traditions Giftware • Amber jewelry • Wooden toys • Hand-made needlework • Hand-made fashion accessories • Home decoration items • Ceramics Top 5 Export Markets 2010 5% 9% Russia 5% Latvia 13% Denmark 43% Honk Kong Estonia Giftware: competitive advantages • Unique products and technologies • High quality • Long traditions Food • Grains, rapes, raw fodder • Diary products • Spirits • Confectionery • Vegetables • Berries and fruits Top 5 Export Markets 6% 10% Russia 5% 30% Latvia Germany 14% Poland Estonia Food: competitive advantages • Favourable climate for agriculture • Rich local resources • Excellent logistics • Skilled workforce • Sector specialization • Rapid modernization of enterprises, innovative companies • Stringent quality and environmental requirements, in compliance with EU standards • Attractive quality-price ratio Construction • Thermal insulation Top 5 Export Markets 2010 • Ventilation equipment • Laminated wood beams • Polymer-bitumen roof • Ceramic tiles Russia 7% 23% 8% Norway Germany 11% 12% Denamrk Belarus Construction: competitive advantages • Growing specialization, knowledge and competences • Strong base of traditional apprenticeship training • Skilled workforce • Focus on R&D Information & telecommunication technologies (ITT) • IT consultancy and call centres, programming and software development • IT infrastructure products • Business management solutions • CD, DVD, MC and Blu-ray discs manufacture Top 5 Export Markets 2010 Latvia 6% 17% 6% Russia Estonia 9% 13% Germany United Kingdom ITT: competitive advantages • Largest industry in the Baltics • Best IT professionals in CEE • Close cooperation with science • Rapid technological development of services • Increasing investment into electronic communications infrastructure • Sector transition from high growth to stable development Electronics & photonics • Lasers for scientific research & manufacturing • Optical components • Modems • Intellectual engineering systems • Electricity meters and switchgear Top 5 Export Markets 2010 Russia 9% 6% 21% Latvia Belarus 10% 14% Germany Italy Electronics & photonics: competitive advantages • New trend: decreasing vehicle electrical equipment and audiovisual equipment production → rapidly growing share of electrical equipment and medical, orthopedic products • Laser industry: best opportunities for development and export of optical devices • Fast execution of small orders • High production quality • Innovative solutions Transport & logistics • Transportation • Logistics solutions • Warehousing • Customs brokerage Top 5 Export Markets 2010 Russia 5% 5% 10% 21% Germany Belarus 14% Denmark France Transport & logistics: competitive advantages • Convenient geographical location • Strong support by public sector • Relatively low prices compared with Western European and Scandinavian countries • Most of companies are younger than 5 years • High quality, complying with the requirements of EU and Asia • Western business practice and high competitiveness in Eastern Europe • Modern technologies for stock records, surveillance from shipment to delivery Medical services • Diagnostics • Doctor’s advice • • Top 5 Export Markets 2010 QI-III Instrumental examinations Germany Laboratory examinations • Treatment • Therapy • Surgery • Rehabilitation • Contract Research 38% Russia Poland 40% 3% 5% 7% Latvia Norway Medical services: competitive advantages • Highly skilled doctors and nurses • Good infrastructure • Competitive prices • High hygiene and customer service standards • Short flights from Europe Higher education • • • • • Vocational studies Undergraduate studies Postgraduate studies Executive studies Research and Doctoral studies Top 5 Export Markets 2010 QI-III 2% 1% 1% 1% Russia UAE Latvia 92% Ukraine Ireland Higher education: competitive advantages • Education system based on European cultural values • Recognizable European Degree • Reasonable tuition fees • Inexpensive living • Rich cultural living For more info visit us at: www.enterpriselithuania.com or drop us a note: info@enterpriselithuania.com