Change of international trade conditions and its impact on Lithuanian agricultural and food exports

The multilateral trade liberalisation process has gradually transformed into regionalism where countries initiate bilateral, interregional agreements. Regional integration of separate countries, regions or groups of countries has also become stronger. Deeper economic integration of the countries has changed the conditions of international trade. Timely adaptation to the change in the international trade conditions is the essential condition of sustainable development of international trade linked to the more rapid economic growth of countries. Dissertation assessed the change of international trade conditions and its impact on the exports of agricultural and food products of Lithuania. The exports of agricultural and food products of Lithuania is characterised by high level of specialisation; nevertheless, this does not contribute to increasing of added value in agriculture. The exports of Lithuanian origin agricultural and food products is concentrated at the level of exported products and according to the geographical directions. Agricultural and food products exports of Lithuania has been positively affected by trade liberalisation and achieved the effect of synergy due to regional integration processes (membership in the EU). After signature of the TTIP agreement between the EU and the USA, a breakthrough of Lithuanian agricultural and food products exports is likely in the USA market