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Monitor Report of LITHUANIA trade and LITHUANIA-China binational trade in 202002

 1.  Overview the trade of LITHUANIA in goods current year until 202002

According to Dalian Infobank, in 202002LITHUANIA's exports and imports of goods amounted to 5175.3164 million, and were down 4.03% comparing with the same period of last year. Among these, exports were down 2.06% at 2511.0698 million, and imports were down 5.81% at 2664.2466 million. And the corresponding trade deficit was 153.1767 million and down 42.14%.

During the current year until 202002, LITHUANIA's total exports and imports of goods were 10253.9860 million and were down 4.37% comparing to the same period of last year. Among these, exports were 4986.1406 million and down 3.28%; imports were 5267.8454 million and down 5.39%. The total trade deficit was 281.7048 million and down 31.73%.

If considering by country (region), RUSSIA, GERMANY, POLAND, LATVIA, NETHERLANDS were LITHUANIA's top five trading partners. During the current year until 202002, LITHUANIA's imports and exports to five countries/territories were 1341.9496 million, 1064.0707 million, 1026.6927 million, 873.5745 million, 504.0475 million. These values correspond to 13.09%, 10.38%, 10.01%, 8.52%, 4.92% of LITHUANIA's imports and exports, and, respectively, were down 13.18%, up 2.57%, down 0.46%, up 3.46%, up 2.26% comparing to the same period of last year.

Current year until 202002, 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 202002, LITHUANIA's exports to these five countries/territories were 642.1764 million, 470.0093 million, 439.7029 million, 388.6516 million, 236.7759 million. These values correspond to 12.88%, 9.43%, 8.82%, 7.79%, 4.75% of LITHUANIA's exports and, respectively, were up 2.41%, up 6.61%, up 4.66%, down 11.83%, down 10.32% comparing with the same period of last year.

Current year until 202002, LITHUANIA's exports to top five countries/territories RUSSIA, POLAND, GERMANY, LATVIA, NETHERLANDS are the top five countries/territories that LITHUANIA imports from in terms of the total export amount. During the current year until 202002, LITHUANIA's imports from these five countries/territories were 699.7732 million, 638.0411 million, 624.3678 million, 403.5652 million, 299.3736 million. These values correspond to 13.28%, 12.11%, 11.85%, 7.66%, 5.68% of LITHUANIA's total imports and, respectively, were down 23.83%, up 8.03%, up 1.14%, up 0.02%, down 4.16% comparing with the same period of last year.

During the current year until 202002, the trade surplus of LITHUANIA was mainly from UKRAINE, UNITED STATES, NORWAY, BELARUS, LATVIA at 155.2746 million, 100.4776 million, 82.7585 million, 73.2262 million, 66.4440 million, and up 71.36%, up 78.05%, down 25.82%, up 98.71%, up 77.73%. And the trade deficits were mainly from POLAND, GERMANY, ITALY, CHINA, NETHERLANDS at 249.3895 million, 184.6648 million, 131.4049 million, 130.1306 million, 94.6997 million, and up 66.48%, down 6.36%, up 21.14%, down 12.67%, down 28.16%.

Current year until 202002, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202002,  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 1283.0913 million, 931.7109 million, 758.8726 million, 728.2301 million, 550.2129 million, which were down 26.42%, up 2.67%, down 0.27%, down 4.23%, down 5.94% comparing with the same period of last year and account for 12.51%, 9.09%, 7.40%, 7.10%, 5.37% of LITHUANIA's total imports and exports.

During the current year until 202002, 27, 94, 84, 85, 39 were LITHUANIA's top five traded commodities, with total import and export values of 462.6436 million, 428.9541 million, 410.0611 million, 344.0290 million, 304.0153 million. These values correspond to 9.28%, 8.60%, 8.22%, 6.90%, 6.10% of LITHUANIA's total exports and, respectively, were down 29.70%, up 1.67%, up 3.00%, up 0.22%, down 9.94% comparing to the same period of last year.

During the current year until 202002, 27, 84, 87, 85, 39 were LITHUANIA's top five traded commodities, with total import values of 820.4477 million, 521.6497 million, 458.0260 million, 414.8437 million, 246.1976 million. These values correspond to 15.57%, 9.90%, 8.69%, 7.88%, 4.67% of LITHUANIA's total exports and, respectively, were down 24.43%, up 2.41%, down 8.58%, down 0.68%, down 0.49% comparing to the same period of last year.


2. Current year until 202002, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202002, LITHUANIA-China binational exports and imports of goods amounted to 232.3706 million and were up 0.75% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 51.1200 million and up 25.25%, imports from China to LITHUANIA were 181.2506 million and down 4.52%. The total binational trade deficit was 130.1306 million and down 12.67%.

During the urrent year until 202002, commodities with hs2 code, 85, 84, 94, 10, 87, were binational trade's top five traded commodities. They correspond to import and export values of 34.0675 million, 27.5662 million, 14.8392 million, 13.9912 million, 13.5508 million and makes up 14.66%, 11.86%, 6.39%, 6.02%, 5.83% of the total binational imports and exports. These values were also up 8.16%, up 7.75%, down 21.04%, 0, up 18.21% comparing to the same period last year.

During the current year until 202002, 10, 44, 94, 38, 85 were the top five traded commodities exported to China from LITHUANIA, with export values of 13.9912 million, 7.7129 million, 5.2958 million, 3.3175 million, 3.1317 million. These values account for 27.37%, 15.09%, 10.36%, 6.49%, 6.13% of LITHUANIA's total exports and were 0, up 22.10%, down 38.29%, up 35.89%, up 101.84% comparing to the same period of last year.

During the current year until 202002, 85, 84, 87, 94, 90 were LITHUANIA's top five traded commodities importing from China , with import values of 30.9358 million, 26.0789 million, 13.5365 million, 9.5435 million, 8.0081 million. These values account for 17.07%, 14.39%, 7.47%, 5.27%, 4.42% of LITHUANIA's total imports and were up 3.30%, up 20.64%, up 18.56%, down 6.55%, up 5.08% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat