1.  Overview the trade of LITHUANIA in goods current year until 202008

According to Dalian Infobank, in 202008, LITHUANIA's exports and imports of goods amounted to 5725.0044 million, and were up 0.38% comparing with the same period of last year. Among these, exports were up 5.17% at 2916.8868 million, and imports were down 4.15% at 2808.1176 million. And the corresponding trade surplus was 108.7692 million and down 169.57%.

During the current year until 202008, LITHUANIA's total exports and imports of goods were 40762.0950 million and were down 10.89% comparing to the same period of last year. Among these, exports were 20108.1316 million and down 7.82%; imports were 20653.9634 million and down 13.69%. The total trade deficit was 545.8317 million and down 74.20%.

If considering by country (region), RUSSIA, GERMANY, POLAND, LATVIA, NETHERLANDS were LITHUANIA's top five trading partners. During the current year until 202008, LITHUANIA's imports and exports to five countries/territories were 4819.3120 million, 4161.4373 million, 3973.5732 million, 3499.5824 million, 2102.1821 million. These values correspond to 11.82%, 10.21%, 9.75%, 8.59%, 5.16% of LITHUANIA's imports and exports, and, respectively, were down 27.35%, down 7.23%, down 13.06%, down 8.14%, down 1.84% comparing to the same period of last year.

Current year until 202008, LITHUANIA and the top five trade partners RUSSIA, LATVIA, GERMANY, POLAND, NETHERLANDS are the top five countries/territories that LITHUANIA exports to in terms of the total export amount. During the current year until 202008, LITHUANIA's exports to these five countries/territories were 2727.7872 million, 1914.4276 million, 1666.3787 million, 1328.0106 million, 964.7082 million. These values correspond to 13.57%, 9.52%, 8.29%, 6.60%, 4.80% of LITHUANIA's exports and, respectively, were down 7.21%, down 8.89%, down 1.37%, down 27.23%, up 18.08% comparing with the same period of last year.

Current year until 202008, 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 202008, LITHUANIA's imports from these five countries/territories were 2645.5626 million, 2495.0586 million, 2091.5248 million, 1585.1548 million, 1137.4739 million. These values correspond to 12.81%, 12.08%, 10.13%, 7.67%, 5.51% of LITHUANIA's total imports and, respectively, were down 3.63%, down 10.77%, down 43.38%, down 7.21%, down 14.12% comparing with the same period of last year.

During the current year until 202008, the trade surplus of LITHUANIA was mainly from RUSSIA, UKRAINE, UNITED STATES, NORWAY, LATVIA at 636.2623 million, 466.0822 million, 412.1051 million, 367.8046 million, 329.2728 million, and down 184.39%, down 6.49%, up 8.66%, up 13.87%, down 16.22%. And the trade deficits were mainly from POLAND, GERMANY, CHINA, ITALY, KAZAKHSTAN at 1317.5521 million, 828.6799 million, 621.3461 million, 606.6378 million, 208.5865 million, and up 43.17%, down 25.13%, up 16.98%, down 5.12%, up 83.61%.

Current year until 202008, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202008,  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 4151.1111 million, 4086.4339 million, 3014.1283 million, 2554.4031 million, 2273.8036 million, which were down 44.58%, down 4.09%, down 3.44%, down 27.84%, down 7.44% comparing with the same period of last year and account for 10.18%, 10.03%, 7.39%, 6.27%, 5.58% of LITHUANIA's total imports and exports.

During the current year until 202008, 84, 94, 27, 85, 39 were LITHUANIA's top five traded commodities, with total import and export values of 1802.6626 million, 1627.1062 million, 1570.0081 million, 1338.7673 million, 1249.0913 million. These values correspond to 8.96%, 8.09%, 7.81%, 6.66%, 6.21% of LITHUANIA's total exports and, respectively, were down 2.75%, down 3.90%, down 48.26%, down 6.38%, down 10.80% comparing to the same period of last year.

During the current year until 202008, 27, 84, 85, 87, 39 were LITHUANIA's top five traded commodities, with total import values of 2581.1030 million, 2283.7713 million, 1675.3611 million, 1601.3960 million, 1024.7123 million. These values correspond to 12.50%, 11.06%, 8.11%, 7.75%, 4.96% of LITHUANIA's total exports and, respectively, were down 42.08%, down 5.13%, down 0.96%, down 32.52%, down 2.99% comparing to the same period of last year.

2. Current year until 202008, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202008, LITHUANIA-China binational exports and imports of goods amounted to 1119.9729 million and were up 27.68% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 249.3134 million and up 44.11%, imports from China to LITHUANIA were 870.6595 million and up 23.65%. The total binational trade deficit was 621.3461 million and up 16.98%.

During the urrent year until 202008, 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 169.6544 million, 108.8157 million, 95.8643 million, 75.9363 million, 75.3616 million and makes up 15.15%, 9.72%, 8.56%, 6.78%, 6.73% of the total binational imports and exports. These values were also up 25.18%, up 6.29%, up 531.60%, up 89710.18%, up 67.80% comparing to the same period last year.

During the current year until 202008, 10, 44, 94, 90, 85 were the top five traded commodities exported to China from LITHUANIA, with export values of 75.9363 million, 31.2221 million, 27.7050 million, 23.2191 million, 14.1261 million. These values account for 30.46%, 12.52%, 11.11%, 9.31%, 5.67% of LITHUANIA's total exports and were up 89710.18%, down 16.72%, down 12.41%, up 67.02%, up 45.99% comparing to the same period of last year.

During the current year until 202008, 85, 84, 63, 90, 87 were LITHUANIA's top five traded commodities importing from China , with import values of 155.5283 million, 101.1495 million, 95.6149 million, 52.1425 million, 44.8838 million. These values account for 17.86%, 11.62%, 10.98%, 5.99%, 5.16% of LITHUANIA's total imports and were up 23.58%, up 11.17%, up 534.56%, up 68.15%, up 2.75% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat