1.  Overview the trade of LITHUANIA in goods current year until 202007

According to Dalian Infobank, in 202007, LITHUANIA's exports and imports of goods amounted to 5567.0426 million, and were down 7.25% comparing with the same period of last year. Among these, exports were down 3.49% at 2684.7988 million, and imports were down 10.49% at 2882.2438 million. And the corresponding trade deficit was 197.4450 million and down 54.92%.

During the current year until 202007, LITHUANIA's total exports and imports of goods were 35037.0906 million and were down 12.50% comparing to the same period of last year. Among these, exports were 17191.2448 million and down 9.71%; imports were 17845.8458 million and down 15.02%. The total trade deficit was 654.6010 million and down 66.58%.

If considering by country (region), RUSSIA, GERMANY, POLAND, LATVIA, NETHERLANDS were LITHUANIA's top five trading partners. During the current year until 202007, LITHUANIA's imports and exports to five countries/territories were 4090.5932 million, 3599.5703 million, 3426.3145 million, 2976.8316 million, 1781.2160 million. These values correspond to 11.68%, 10.27%, 9.78%, 8.50%, 5.08% of LITHUANIA's imports and exports, and, respectively, were down 29.07%, down 8.30%, down 14.81%, down 9.21%, down 7.05% comparing to the same period of last year.

Current year until 202007, 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 202007, LITHUANIA's exports to these five countries/territories were 2344.0887 million, 1623.0322 million, 1432.3516 million, 1151.6048 million, 814.1560 million. These values correspond to 13.64%, 9.44%, 8.33%, 6.70%, 4.74% of LITHUANIA's exports and, respectively, were down 7.08%, down 9.47%, down 3.17%, down 29.00%, down 8.17% comparing with the same period of last year.

Current year until 202007, 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 202007, LITHUANIA's imports from these five countries/territories were 2274.7097 million, 2167.2187 million, 1746.5045 million, 1353.7994 million, 986.4890 million. These values correspond to 12.75%, 12.14%, 9.79%, 7.59%, 5.53% of LITHUANIA's total imports and, respectively, were down 5.22%, down 11.41%, down 46.17%, down 8.90%, down 15.94% comparing with the same period of last year.

During the current year until 202007, the trade surplus of LITHUANIA was mainly from RUSSIA, UKRAINE, UNITED STATES, NORWAY, LATVIA at 597.5842 million, 400.3338 million, 323.1516 million, 308.0458 million, 269.2329 million, and down 182.80%, down 4.35%, down 1.60%, up 10.15%, down 12.23%. And the trade deficits were mainly from POLAND, GERMANY, CHINA, ITALY, KAZAKHSTAN at 1123.1048 million, 734.8671 million, 527.2643 million, 518.7163 million, 210.4451 million, and up 44.35%, down 24.01%, up 14.21%, down 7.97%, up 94.56%.

Current year until 202007, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202007,  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 3542.6767 million, 3535.9997 million, 2570.6138 million, 2217.4840 million, 1985.9522 million, which were down 45.86%, down 5.19%, down 5.44%, down 29.96%, down 7.93% comparing with the same period of last year and account for 10.11%, 10.09%, 7.34%, 6.33%, 5.67% of LITHUANIA's total imports and exports.

During the current year until 202007, 84, 94, 27, 85, 39 were LITHUANIA's top five traded commodities, with total import and export values of 1564.7024 million, 1387.1502 million, 1328.1494 million, 1143.9065 million, 1093.4983 million. These values correspond to 9.10%, 8.07%, 7.73%, 6.65%, 6.36% of LITHUANIA's total exports and, respectively, were down 3.54%, down 5.70%, down 49.64%, down 8.26%, down 11.09% comparing to the same period of last year.

During the current year until 202007, 27, 84, 85, 87, 39 were LITHUANIA's top five traded commodities, with total import values of 2214.5272 million, 1971.2973 million, 1426.7073 million, 1396.2953 million, 892.4539 million. These values correspond to 12.41%, 11.05%, 7.99%, 7.82%, 5.00% of LITHUANIA's total exports and, respectively, were down 43.31%, down 6.45%, down 3.05%, down 34.54%, down 3.74% comparing to the same period of last year.

2. Current year until 202007, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202007, LITHUANIA-China binational exports and imports of goods amounted to 979.8176 million and were up 27.78% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 226.2766 million and up 48.31%, imports from China to LITHUANIA were 753.5409 million and up 22.68%. The total binational trade deficit was 527.2643 million and up 14.21%.

During the urrent year until 202007, commodities with hs2 code, 85, 84, 63, 10, 90, were binational trade's top five traded commodities. They correspond to import and export values of 138.2393 million, 94.0387 million, 91.1282 million, 75.9363 million, 65.1154 million and makes up 14.11%, 9.60%, 9.30%, 7.75%, 6.65% of the total binational imports and exports. These values were also up 18.25%, up 3.26%, up 598.04%, 0, up 67.72% comparing to the same period last year.

During the current year until 202007, 10, 44, 94, 90, 85 were the top five traded commodities exported to China from LITHUANIA, with export values of 75.9363 million, 27.5766 million, 23.3902 million, 20.1123 million, 11.7896 million. These values account for 33.56%, 12.19%, 10.34%, 8.89%, 5.21% of LITHUANIA's total exports and were 0, down 15.46%, down 16.50%, up 63.86%, up 37.89% comparing to the same period of last year.

During the current year until 202007, 85, 63, 84, 90, 87 were LITHUANIA's top five traded commodities importing from China , with import values of 126.4497 million, 90.8788 million, 87.1459 million, 45.0031 million, 38.2421 million. These values account for 16.78%, 12.06%, 11.56%, 5.97%, 5.07% of LITHUANIA's total imports and were up 16.70%, up 602.05%, up 8.85%, up 69.50%, down 3.65% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat