| Abstract [eng] |
With the world markets being increasingly more affected by such phenomena as globalization and rapid development of economics and worldwide economic relations, the exchange of import and export among the countries has been growing and expanding immensely. In terms of certain industries and goods, a bigger export performance of the country rather than its import needs demonstrates the superiority of the country. The formation and development of international trade was largely influenced by international work possibilities, specialization of manufacturing technology, political, economic and other factors. The spread of international trade gave rise to the need to know which goods would be profitable in foreign markets. Export competitiveness of a country may be influenced by many different factors, such as the level of development of the country, its geographical position, the structure of the manufacturing industry and the education system. A country striving to attain and maintain high export competitiveness may have to focus on more than just its workforce or resources. Investing into technological advancement, scientific research, innovations and attracting investors from abroad are also very important factors. According to the scientific research, the more a country invests into technological advancement, the higher number of products attributed to high technology industry are developed. Exporting high technology products results in more beneafits to the gross domestic product as compared to the export of low technology products. In consideration of the Lithuanian export ratios, the goal of the present study is to assess the indices of the Lithuanian export competitiveness on a global scale. The object of the research is the Lithuanian export competitiveness. The goal of the study is to carry out the assessment of the Lithuanian export competitiveness. Objectives of the research: 1. To reveal the dynamics of Lithuanian export and the problems of its competitiveness 2. To define export competitiveness and its significance for the economics of the country 3. To identify the assessment indices of export competitiveness 4. To assess the changes in the Lithuanian export structure and export markets 5. To carry out the assessment of export competitiveness. The results obtained during the assessment of the Lithuanian export competitiveness allow making the conclusion that the neighboring countries of Lithuania were its main export partners during the study period. The majority of the Lithuanian goods were exported to Latvia, Poland, Germany and Russia. The relative ratios of the competitive edge seemed to be the highest in the manufacture of fertilizers, wood, grain, furniture and food products. This revealed that the products attributed to the branches of low technology industry were prevalent in the Lithuanian export structure. Exported high and medium high-technology products were infrequent, Thus, the development of these industry branches are important in order to increase export competitiveness. |
