Production
Kaunas has long-standing traditions as the centre for textile and fibre, electronics and wood processing and furniture industries, and for production of medical, optical and precision instruments, foods, and chemicals.
In the city of Kaunas, light industry (mostly textile) makes up 36% of the production sector, while machine building constitutes 22%, food processing 17%, chemical industry 6%, wood and paper 5%. Textile, construction, food products and beverages industries operated mainly by private or small companies generate good profits. The export of ready-made clothes, furs and footwear makes up 85%, chemical industry 63%, manufacture of telecommunication equipment 42%. The traditional industry in the city of Kaunas - electronics - is currently in the process of privatisation and transformation towards Western market oriented production. Most of the big companies in the machine building sector are either state owned or in the process of privatisation.
GROSS DOMESTIC PRODUCT, LT MILL
| |
2002 |
2003 |
2004 |
2005 |
|
Kaunas Region |
9842,9 |
10968,3 |
12007,6 |
13792,0 |
|
Total Lithuania |
51971,2 |
56804,0 |
62586,7 |
71200,1 |
GROSS DOMESTIC PRODUCT PER CAPITA
| |
2002 |
2003 |
2004 |
2005 |
|
Kaunas Region |
14,1 |
15,8 |
17,4 |
20,2 |
|
Total Lithuania |
15,0 |
16,4 |
18,2 |
20,9 |
Kaunas Region hosts 20% of the country's enterprises, and most of them are located in Kaunas City. 17% of the Region's enterprises export their production. This rate is higher than the national average (13%).
22% of the exported production is marketed in the EU countries and 52% - in the CIS. Exports to Estonia and Latvia each account for 6.8% of the Kaunas Region's exported production.
More information:
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