1.  Overview the trade of LITHUANIA in goods current year until 202001

According to Dalian Infobank, in 202001, LITHUANIA's exports and imports of goods amounted to 5078.6696 million, and were down 4.72% comparing with the same period of last year. Among these, exports were down 4.48% at 2475.0708 million, and imports were down 4.95% at 2603.5989 million. And the corresponding trade deficit was 128.5281 million and down 13.09%.

During the current year until 202001, LITHUANIA's total exports and imports of goods were 5078.6696 million and were down 4.72% comparing to the same period of last year. Among these, exports were 2475.0708 million and down 4.48%; imports were 2603.5989 million and down 4.95%. The total trade deficit was 128.5281 million and down 13.09%.

If considering by country (region), RUSSIA, GERMANY, POLAND, LATVIA, NETHERLANDS were LITHUANIA's top five trading partners. During the current year until 202001, LITHUANIA's imports and exports to five countries/territories were 594.3119 million, 549.8793 million, 505.5414 million, 441.9357 million, 246.1214 million. These values correspond to 11.70%, 10.83%, 9.95%, 8.70%, 4.85% of LITHUANIA's imports and exports, and, respectively, were down 23.61%, up 7.18%, down 3.50%, up 1.64%, down 1.31% comparing to the same period of last year.

Current year until 202001, LITHUANIA and the top five trade partners RUSSIA, LATVIA, GERMANY, POLAND, SWEDEN are the top five countries/territories that LITHUANIA exports to in terms of the total export amount. During the current year until 202001, LITHUANIA's exports to these five countries/territories were 279.6023 million, 242.4079 million, 238.9530 million, 200.7753 million, 120.0695 million. These values correspond to 11.30%, 9.79%, 9.65%, 8.11%, 4.85% of LITHUANIA's exports and, respectively, were up 4.25%, up 6.89%, up 10.87%, down 12.81%, down 12.52% comparing with the same period of last year.

Current year until 202001, LITHUANIA's exports to top five countries/territories RUSSIA, GERMANY, POLAND, LATVIA, NETHERLANDS are the top five countries/territories that LITHUANIA imports from in terms of the total export amount. During the current year until 202001, LITHUANIA's imports from these five countries/territories were 314.7096 million, 310.9263 million, 304.7661 million, 199.5278 million, 140.1685 million. These values correspond to 12.09%, 11.94%, 11.71%, 7.66%, 5.38% of LITHUANIA's total imports and, respectively, were down 38.27%, up 4.50%, up 3.81%, down 4.08%, down 2.17% comparing with the same period of last year.

During the current year until 202001, the trade surplus of LITHUANIA was mainly from UKRAINE, NORWAY, LATVIA, SWEDEN, BELARUS at 74.1004 million, 46.5368 million, 42.8801 million, 28.9487 million, 28.6353 million, and up 70.53%, down 13.19%, up 128.61%, down 14.99%, up 41.45%. And the trade deficits were mainly from POLAND, CHINA, GERMANY, ITALY, SAUDI ARABIA at 103.9908 million, 73.8122 million, 71.9733 million, 51.7388 million, 45.5524 million, and up 64.21%, down 5.36%, down 12.25%, up 25.97%, down 613.46%.

Current year until 202001, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202001,  commodities with hs2 codes, 27, 84, 85, 87, 39, were LITHUANIA's top five traded commodities. They correspond to the import and export values of 627.3268 million, 461.8179 million, 397.4619 million, 337.4907 million, 275.8340 million, which were down 34.33%, up 8.75%, up 7.34%, down 5.69%, down 7.32% comparing with the same period of last year and account for 12.35%, 9.09%, 7.83%, 6.65%, 5.43% of LITHUANIA's total imports and exports.

During the current year until 202001, 94, 27, 84, 85, 39 were LITHUANIA's top five traded commodities, with total import and export values of 218.2318 million, 210.1330 million, 194.1659 million, 176.4768 million, 156.5347 million. These values correspond to 8.82%, 8.49%, 7.84%, 7.13%, 6.32% of LITHUANIA's total exports and, respectively, were up 1.34%, down 46.02%, up 4.16%, up 7.03%, down 8.88% comparing to the same period of last year.

During the current year until 202001, 27, 84, 85, 87, 39 were LITHUANIA's top five traded commodities, with total import values of 417.1938 million, 267.6520 million, 220.9851 million, 209.2920 million, 119.2993 million. These values correspond to 16.02%, 10.28%, 8.49%, 8.04%, 4.58% of LITHUANIA's total exports and, respectively, were down 26.28%, up 12.34%, up 7.60%, down 8.87%, down 5.18% comparing to the same period of last year.

2. Current year until 202001, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202001, LITHUANIA-China binational exports and imports of goods amounted to 116.2385 million and were down 3.96% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 21.2131 million and down 1.43%, imports from China to LITHUANIA were 95.0254 million and down 4.51%. The total binational trade deficit was 73.8122 million and down 5.36%.

During the urrent year until 202001, commodities with hs2 code, 85, 84, 94, 90, 87, were binational trade's top five traded commodities. They correspond to import and export values of 19.0646 million, 15.2441 million, 7.9048 million, 6.3230 million, 6.2237 million and makes up 16.40%, 13.11%, 6.80%, 5.44%, 5.35% of the total binational imports and exports. These values were also up 9.15%, up 21.71%, down 11.22%, up 0.21%, up 6.83% comparing to the same period last year.

During the current year until 202001, 44, 94, 08, 38, 85 were the top five traded commodities exported to China from LITHUANIA, with export values of 4.5514 million, 3.4964 million, 1.8912 million, 1.8552 million, 1.5884 million. These values account for 21.46%, 16.48%, 8.92%, 8.75%, 7.49% of LITHUANIA's total exports and were up 67.15%, down 9.77%, up 903.99%, up 30.44%, up 117.26% comparing to the same period of last year.

During the current year until 202001, 85, 84, 87, 90, 94 were LITHUANIA's top five traded commodities importing from China , with import values of 17.4762 million, 14.3489 million, 6.2229 million, 5.3013 million, 4.4084 million. These values account for 18.39%, 15.10%, 6.55%, 5.58%, 4.64% of LITHUANIA's total imports and were up 4.43%, up 39.57%, up 7.50%, up 10.03%, down 12.33% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat