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Mokslo publikacijos
2021-10-25

Import Risks for the Country: A Case Study in Lithuania

Abstract

 

Each country faces both export and import risks in its trade. The analysis of this research seeks to answer the question about what kind of risks are posed by imports. The purpose of the document is to analyze the purpose of the import and most common risks posed by imports and to assess the trends in imports of Lithuanian agricultural and food products. A distinction between the main risks posed by imports is made. The importance of imports for foreign trade is discussed. The study is based on an analysis of the scientific literature and analysis of statistical data for an assessment of Lithuania’s import trends. Empirical research covers the period of 2015-2019. Data from Statistics Lithuania and Customs Department are used. Analysis of total imports of agricultural and food products, distinguishing imports from EU andother countries was made. Also, trends of re-export and import to produce was made. The export of agricultural and food products of Lithuania has been positively affected by import. The directions for future investigations are completed.

 

Keywords: Importrisks, agricultural and food imports, re-export, Lithuania

 

 

Baranauskaitė, L. 2020. Import Risks for the Country: A Case Study in Lithuania. Journal of Service, Innovation and Sustainable Development Vol. 1, No. 1&2, pp. 51–68; DOI:10.33168/SISD.2020.0104.

 




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