1.  Overview the trade of LITHUANIA in goods current year until 202003

According to Dalian Infobank, in 202003, LITHUANIA's exports and imports of goods amounted to 5674.0911 million, and were down 4.39% comparing with the same period of last year. Among these, exports were down 2.69% at 2807.7116 million, and imports were down 5.99% at 2866.3795 million. And the corresponding trade deficit was 58.6680 million and down 64.18%.

During the current year until 202003, LITHUANIA's total exports and imports of goods were 15928.0772 million and were down 4.38% comparing to the same period of last year. Among these, exports were 7793.8522 million and down 3.07%; imports were 8134.2250 million and down 5.60%. The total trade deficit was 340.3728 million and down 40.95%.

If considering by country (region), RUSSIA, GERMANY, POLAND, LATVIA, NETHERLANDS were LITHUANIA's top five trading partners. During the current year until 202003, LITHUANIA's imports and exports to five countries/territories were 2071.8536 million, 1643.6354 million, 1550.9487 million, 1314.5784 million, 784.2060 million. These values correspond to 13.01%, 10.32%, 9.74%, 8.25%, 4.92% of LITHUANIA's imports and exports, and, respectively, were down 11.24%, up 0.99%, down 7.97%, down 0.44%, down 2.96% comparing to the same period of last year.

Current year until 202003, 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 202003, LITHUANIA's exports to these five countries/territories were 1041.5643 million, 721.6591 million, 651.9177 million, 570.2374 million, 356.6567 million. These values correspond to 13.36%, 9.26%, 8.36%, 7.32%, 4.58% of LITHUANIA's exports and, respectively, were up 1.40%, up 3.60%, up 0.56%, down 19.97%, down 10.12% comparing with the same period of last year.

Current year until 202003, 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 202003, LITHUANIA's imports from these five countries/territories were 1030.2893 million, 991.7177 million, 980.7112 million, 592.9194 million, 455.2186 million. These values correspond to 12.67%, 12.19%, 12.06%, 7.29%, 5.60% of LITHUANIA's total imports and, respectively, were down 21.18%, up 1.27%, up 0.81%, down 4.94%, down 5.68% comparing with the same period of last year.

During the current year until 202003, the trade surplus of LITHUANIA was mainly from UKRAINE, UNITED STATES, LATVIA, NORWAY, BELARUS at 224.8006 million, 176.9430 million, 128.7397 million, 122.5817 million, 112.8739 million, and up 37.49%, up 30.64%, up 76.68%, down 32.99%, up 29.66%. And the trade deficits were mainly from POLAND, GERMANY, ITALY, CHINA, NETHERLANDS at 410.4738 million, 339.7999 million, 231.5199 million, 184.9837 million, 126.2313 million, and up 57.70%, up 2.66%, up 9.59%, down 15.06%, down 19.64%.

Current year until 202003, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202003,  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 1958.8786 million, 1464.2164 million, 1145.7009 million, 1066.6128 million, 857.2729 million, which were down 26.19%, down 0.59%, down 1.63%, down 14.26%, down 5.07% comparing with the same period of last year and account for 12.30%, 9.19%, 7.19%, 6.70%, 5.38% of LITHUANIA's total imports and exports.

During the current year until 202003, 27, 84, 94, 85, 39 were LITHUANIA's top five traded commodities, with total import and export values of 735.6513 million, 647.2763 million, 620.0149 million, 522.5518 million, 477.4761 million. These values correspond to 9.44%, 8.30%, 7.96%, 6.70%, 6.13% of LITHUANIA's total exports and, respectively, were down 30.14%, down 0.91%, down 3.03%, down 3.41%, down 7.69% comparing to the same period of last year.

During the current year until 202003, 27, 84, 87, 85, 30 were LITHUANIA's top five traded commodities, with total import values of 1223.2273 million, 816.9401 million, 673.9988 million, 623.1491 million, 382.7607 million. These values correspond to 15.04%, 10.04%, 8.29%, 7.66%, 4.71% of LITHUANIA's total exports and, respectively, were down 23.58%, down 0.34%, down 18.56%, down 0.09%, up 10.33% comparing to the same period of last year.

2. Current year until 202003, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202003, LITHUANIA-China binational exports and imports of goods amounted to 385.1195 million and were up 13.89% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 100.0679 million and up 66.28%, imports from China to LITHUANIA were 285.0516 million and up 2.55%. The total binational trade deficit was 184.9837 million and down 15.06%.

During the urrent year until 202003, commodities with hs2 code, 85, 10, 84, 94, 87, were binational trade's top five traded commodities. They correspond to import and export values of 51.9690 million, 44.6359 million, 41.5491 million, 23.4709 million, 19.2060 million and makes up 13.49%, 11.59%, 10.79%, 6.09%, 4.99% of the total binational imports and exports. These values were also up 8.47%, 0, up 12.49%, down 16.21%, up 13.14% comparing to the same period last year.

During the current year until 202003, 10, 44, 94, 90, 38 were the top five traded commodities exported to China from LITHUANIA, with export values of 44.6359 million, 10.2803 million, 7.8533 million, 5.6675 million, 4.3337 million. These values account for 44.61%, 10.27%, 7.85%, 5.66%, 4.33% of LITHUANIA's total exports and were 0, down 3.21%, down 38.29%, up 17.08%, up 18.86% comparing to the same period of last year.

During the current year until 202003, 85, 84, 87, 94, 90 were LITHUANIA's top five traded commodities importing from China , with import values of 47.7811 million, 38.7754 million, 19.1813 million, 15.6176 million, 13.1947 million. These values account for 16.76%, 13.60%, 6.73%, 5.48%, 4.63% of LITHUANIA's total imports and were up 5.01%, up 21.03%, up 13.65%, up 2.17%, up 13.64% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat