1.  Overview the trade of LITHUANIA in goods current year until 202004

According to Dalian Infobank, in 202004, LITHUANIA's exports and imports of goods amounted to 4207.0883 million, and were down 26.78% comparing with the same period of last year. Among these, exports were down 23.98% at 2081.4108 million, and imports were down 29.32% at 2125.6776 million. And the corresponding trade deficit was 44.2668 million and down 83.58%.

During the current year until 202004, LITHUANIA's total exports and imports of goods were 20135.1655 million and were down 10.12% comparing to the same period of last year. Among these, exports were 9875.2630 million and down 8.38%; imports were 10259.9025 million and down 11.74%. The total trade deficit was 384.6396 million and down 54.54%.

If considering by country (region), RUSSIA, GERMANY, POLAND, LATVIA, NETHERLANDS were LITHUANIA's top five trading partners. During the current year until 202004, LITHUANIA's imports and exports to five countries/territories were 2473.1007 million, 2071.8380 million, 1937.3685 million, 1671.6686 million, 1008.9210 million. These values correspond to 12.28%, 10.29%, 9.62%, 8.30%, 5.01% of LITHUANIA's imports and exports, and, respectively, were down 19.57%, down 6.03%, down 14.31%, down 7.23%, down 5.51% comparing to the same period of last year.

Current year until 202004, 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 202004, LITHUANIA's exports to these five countries/territories were 1327.8180 million, 918.1848 million, 823.6662 million, 692.5926 million, 464.0577 million. These values correspond to 13.45%, 9.30%, 8.34%, 7.01%, 4.70% of LITHUANIA's exports and, respectively, were down 4.47%, down 4.44%, down 4.02%, down 25.80%, down 11.35% comparing with the same period of last year.

Current year until 202004, LITHUANIA's exports to top five countries/territories GERMANY, POLAND, RUSSIA, LATVIA, NETHERLANDS are the top five countries/territories that LITHUANIA imports from in terms of the total export amount. During the current year until 202004, LITHUANIA's imports from these five countries/territories were 1248.1717 million, 1244.7759 million, 1145.2827 million, 753.4838 million, 581.1002 million. These values correspond to 12.17%, 12.13%, 11.16%, 7.34%, 5.66% of LITHUANIA's total imports and, respectively, were down 7.31%, down 6.23%, down 32.03%, down 10.41%, down 11.50% comparing with the same period of last year.

During the current year until 202004, the trade surplus of LITHUANIA was mainly from UKRAINE, UNITED STATES, RUSSIA, LATVIA, BELARUS at 256.5327 million, 185.0842 million, 182.5353 million, 164.7011 million, 143.6799 million, and up 10.18%, down 1.51%, down 161.88%, up 37.37%, up 14.71%. And the trade deficits were mainly from POLAND, GERMANY, ITALY, CHINA, NETHERLANDS at 552.1833 million, 424.5055 million, 278.5165 million, 264.7655 million, 153.2793 million, and up 40.13%, down 13.09%, down 7.53%, down 1.51%, down 37.57%.

Current year until 202004, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202004,  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 2203.9764 million, 1923.9141 million, 1430.0840 million, 1244.1254 million, 1128.7505 million, which were down 36.81%, down 4.51%, down 7.04%, down 27.27%, down 7.94% comparing with the same period of last year and account for 10.95%, 9.55%, 7.10%, 6.18%, 5.61% of LITHUANIA's total imports and exports.

During the current year until 202004, 84, 27, 94, 85, 39 were LITHUANIA's top five traded commodities, with total import and export values of 858.2540 million, 834.6773 million, 747.8405 million, 649.5747 million, 631.3210 million. These values correspond to 8.69%, 8.45%, 7.57%, 6.58%, 6.39% of LITHUANIA's total exports and, respectively, were down 3.68%, down 39.88%, down 11.60%, down 7.91%, down 9.91% comparing to the same period of last year.

During the current year until 202004, 27, 84, 85, 87, 30 were LITHUANIA's top five traded commodities, with total import values of 1369.2991 million, 1065.6601 million, 780.5093 million, 778.6045 million, 515.0613 million. These values correspond to 13.35%, 10.39%, 7.61%, 7.59%, 5.02% of LITHUANIA's total exports and, respectively, were down 34.78%, down 5.18%, down 6.30%, down 31.69%, up 10.47% comparing to the same period of last year.

2. Current year until 202004, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202004, LITHUANIA-China binational exports and imports of goods amounted to 574.0452 million and were up 30.67% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 154.6399 million and up 81.41%, imports from China to LITHUANIA were 419.4053 million and up 18.45%. The total binational trade deficit was 264.7655 million and down 1.51%.

During the urrent year until 202004, commodities with hs2 code, 10, 85, 63, 84, 90, were binational trade's top five traded commodities. They correspond to import and export values of 75.9363 million, 67.1070 million, 54.6629 million, 52.8859 million, 35.4839 million and makes up 13.23%, 11.69%, 9.52%, 9.21%, 6.18% of the total binational imports and exports. These values were also 0, up 7.08%, up 566.94%, up 3.62%, up 68.10% comparing to the same period last year.

During the current year until 202004, 10, 44, 94, 90, 38 were the top five traded commodities exported to China from LITHUANIA, with export values of 75.9363 million, 15.2338 million, 11.7937 million, 10.4099 million, 5.3440 million. These values account for 49.11%, 9.85%, 7.63%, 6.73%, 3.46% of LITHUANIA's total exports and were 0, up 0.73%, down 31.69%, up 70.68%, up 0.27% comparing to the same period of last year.

During the current year until 202004, 85, 63, 84, 90, 87 were LITHUANIA's top five traded commodities importing from China , with import values of 61.7908 million, 54.5608 million, 48.6379 million, 25.0740 million, 21.6763 million. These values account for 14.73%, 13.01%, 11.60%, 5.98%, 5.17% of LITHUANIA's total imports and were up 3.94%, up 572.85%, up 10.12%, up 67.05%, up 3.92% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat