1.  Overview the trade of LITHUANIA in goods current year until 202005

According to Dalian Infobank, in 202005, LITHUANIA's exports and imports of goods amounted to 4287.7115 million, and were down 29.93% comparing with the same period of last year. Among these, exports were down 23.19% at 2145.9752 million, and imports were down 35.59% at 2141.7363 million. And the corresponding trade surplus was 4.2389 million and down 100.80%.

During the current year until 202005, LITHUANIA's total exports and imports of goods were 24422.8770 million and were down 14.37% comparing to the same period of last year. Among these, exports were 12021.2382 million and down 11.43%; imports were 12401.6388 million and down 17.04%. The total trade deficit was 380.4007 million and down 72.38%.

If considering by country (region), RUSSIA, GERMANY, POLAND, LATVIA, NETHERLANDS were LITHUANIA's top five trading partners. During the current year until 202005, LITHUANIA's imports and exports to five countries/territories were 2892.1723 million, 2513.6405 million, 2362.2720 million, 2058.8264 million, 1269.7525 million. These values correspond to 11.84%, 10.29%, 9.67%, 8.43%, 5.20% of LITHUANIA's imports and exports, and, respectively, were down 28.22%, down 10.23%, down 17.00%, down 10.13%, down 5.59% comparing to the same period of last year.

Current year until 202005, 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 202005, LITHUANIA's exports to these five countries/territories were 1608.2855 million, 1133.0793 million, 1005.3408 million, 826.8046 million, 573.6933 million. These values correspond to 13.38%, 9.43%, 8.36%, 6.88%, 4.77% of LITHUANIA's exports and, respectively, were down 8.45%, down 8.29%, down 5.76%, down 28.76%, down 13.08% comparing with the same period of last year.

Current year until 202005, LITHUANIA's exports to top five countries/territories POLAND, GERMANY, 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 202005, LITHUANIA's imports from these five countries/territories were 1535.4674 million, 1508.2997 million, 1283.8868 million, 925.7471 million, 713.4655 million. These values correspond to 12.38%, 12.16%, 10.35%, 7.46%, 5.75% of LITHUANIA's total imports and, respectively, were down 8.91%, down 12.98%, down 43.51%, down 12.28%, down 13.67% comparing with the same period of last year.

During the current year until 202005, the trade surplus of LITHUANIA was mainly from RUSSIA, UKRAINE, UNITED STATES, LATVIA, NORWAY at 324.3987 million, 286.9364 million, 207.7979 million, 207.3322 million, 194.7825 million, and down 162.87%, down 0.51%, up 9.98%, up 15.14%, down 21.31%. And the trade deficits were mainly from POLAND, GERMANY, CHINA, ITALY, NETHERLANDS at 708.6628 million, 502.9589 million, 360.6115 million, 345.4523 million, 157.1784 million, and up 34.98%, down 24.55%, up 8.68%, down 9.26%, down 48.96%.

Current year until 202005, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202005,  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 2560.6450 million, 2373.1152 million, 1752.1793 million, 1478.5228 million, 1397.1547 million, which were down 44.27%, down 8.88%, down 10.14%, down 33.43%, down 9.71% comparing with the same period of last year and account for 10.48%, 9.72%, 7.17%, 6.05%, 5.72% of LITHUANIA's total imports and exports.

During the current year until 202005, 84, 27, 94, 85, 39 were LITHUANIA's top five traded commodities, with total import and export values of 1056.7723 million, 982.4401 million, 910.4599 million, 795.2525 million, 780.8816 million. These values correspond to 8.79%, 8.17%, 7.57%, 6.62%, 6.50% of LITHUANIA's total exports and, respectively, were down 7.47%, down 44.68%, down 14.33%, down 11.31%, down 11.38% comparing to the same period of last year.

During the current year until 202005, 27, 84, 85, 87, 30 were LITHUANIA's top five traded commodities, with total import values of 1578.2050 million, 1316.3429 million, 956.9268 million, 920.9362 million, 627.9891 million. These values correspond to 12.73%, 10.61%, 7.72%, 7.43%, 5.06% of LITHUANIA's total exports and, respectively, were down 44.01%, down 9.98%, down 9.13%, down 38.14%, up 8.58% comparing to the same period of last year.

2. Current year until 202005, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202005, LITHUANIA-China binational exports and imports of goods amounted to 716.8428 million and were up 30.52% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 178.1156 million and up 63.84%, imports from China to LITHUANIA were 538.7271 million and up 22.30%. The total binational trade deficit was 360.6115 million and up 8.68%.

During the urrent year until 202005, commodities with hs2 code, 85, 63, 10, 84, 90, were binational trade's top five traded commodities. They correspond to import and export values of 87.7072 million, 77.7571 million, 75.9363 million, 67.1080 million, 47.5790 million and makes up 12.24%, 10.85%, 10.59%, 9.36%, 6.64% of the total binational imports and exports. These values were also up 8.35%, up 698.93%, 0, up 2.59%, up 74.86% comparing to the same period last year.

During the current year until 202005, 10, 44, 94, 90, 85 were the top five traded commodities exported to China from LITHUANIA, with export values of 75.9363 million, 19.9967 million, 16.1864 million, 14.5145 million, 6.5172 million. These values account for 42.63%, 11.23%, 9.09%, 8.15%, 3.66% of LITHUANIA's total exports and were 0, down 6.97%, down 22.36%, up 80.91%, up 51.73% comparing to the same period of last year.

During the current year until 202005, 85, 63, 84, 90, 87 were LITHUANIA's top five traded commodities importing from China , with import values of 81.1900 million, 77.6550 million, 61.9985 million, 33.0645 million, 26.1534 million. These values account for 15.07%, 14.41%, 11.51%, 6.14%, 4.85% of LITHUANIA's total imports and were up 5.92%, up 706.64%, up 10.30%, up 72.33%, down 2.23% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat