1.  Overview the trade of LITHUANIA in goods current year until 202011

According to Dalian Infobank, in 202011, LITHUANIA's exports and imports of goods amounted to 6246.3583 million, and were up 7.87% comparing with the same period of last year. Among these, exports were up 6.38% at 3018.0226 million, and imports were up 9.30% at 3228.3358 million. And the corresponding trade deficit was 210.3132 million and up 80.27%.

During the current year until 202011, LITHUANIA's total exports and imports of goods were 59580.0578 million and were down 6.10% comparing to the same period of last year. Among these, exports were 29498.2637 million and down 3.40%; imports were 30081.7941 million and down 8.61%. The total trade deficit was 583.5304 million and down 75.50%.

If considering by country (region), RUSSIA, GERMANY, POLAND, LATVIA, NETHERLANDS were LITHUANIA's top five trading partners. During the current year until 202011, LITHUANIA's imports and exports to five countries/territories were 6737.8365 million, 6277.1948 million, 5839.3559 million, 5122.2895 million, 3181.9686 million. These values correspond to 11.31%, 10.54%, 9.80%, 8.60%, 5.34% of LITHUANIA's imports and exports, and, respectively, were down 26.20%, up 1.34%, down 7.32%, down 2.72%, up 9.02% comparing to the same period of last year.

Current year until 202011, 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 202011, LITHUANIA's exports to these five countries/territories were 3934.5103 million, 2775.7317 million, 2424.6846 million, 1905.8078 million, 1541.2521 million. These values correspond to 13.34%, 9.41%, 8.22%, 6.46%, 5.22% of LITHUANIA's exports and, respectively, were down 5.84%, down 4.85%, up 3.06%, down 21.70%, up 36.60% comparing with the same period of last year.

Current year until 202011, 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 202011, LITHUANIA's imports from these five countries/territories were 3933.5481 million, 3852.5101 million, 2803.3262 million, 2346.5579 million, 1640.7165 million. These values correspond to 13.08%, 12.81%, 9.32%, 7.80%, 5.45% of LITHUANIA's total imports and, respectively, were up 1.74%, up 0.29%, down 43.38%, down 0.07%, down 8.36% comparing with the same period of last year.

During the current year until 202011, the trade surplus of LITHUANIA was mainly from RUSSIA, UNITED STATES, UKRAINE, NORWAY, LATVIA at 1131.1841 million, 712.4495 million, 616.6533 million, 513.3587 million, 429.1738 million, and down 246.42%, up 12.86%, down 18.57%, up 23.54%, down 24.58%. And the trade deficits were mainly from POLAND, GERMANY, ITALY, CHINA, CZECH REPUBLIC at 2027.7403 million, 1427.8255 million, 911.5968 million, 893.1375 million, 299.3692 million, and up 41.57%, down 4.09%, down 0.39%, up 30.97%, up 3.55%.

Current year until 202011, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202011,  commodities with hs2 codes, 84, 27, 85, 87, 39, were LITHUANIA's top five traded commodities. They correspond to the import and export values of 5909.7197 million, 5621.8820 million, 4558.7758 million, 4161.9804 million, 3199.3870 million, which were up 0.21%, down 44.74%, up 2.65%, down 15.37%, down 3.78% comparing with the same period of last year and account for 9.92%, 9.44%, 7.65%, 6.99%, 5.37% of LITHUANIA's total imports and exports.

During the current year until 202011, 84, 94, 27, 85, 39 were LITHUANIA's top five traded commodities, with total import and export values of 2577.1875 million, 2407.9211 million, 2168.4955 million, 1996.1941 million, 1722.9648 million. These values correspond to 8.74%, 8.16%, 7.35%, 6.77%, 5.84% of LITHUANIA's total exports and, respectively, were up 0.19%, up 1.26%, down 48.26%, down 0.77%, down 8.08% comparing to the same period of last year.

During the current year until 202011, 27, 84, 87, 85, 39 were LITHUANIA's top five traded commodities, with total import values of 3453.3865 million, 3332.5322 million, 2694.3309 million, 2562.5817 million, 1476.4222 million. These values correspond to 11.48%, 11.08%, 8.96%, 8.52%, 4.91% of LITHUANIA's total exports and, respectively, were down 42.27%, up 0.22%, down 17.23%, up 5.49%, up 1.77% comparing to the same period of last year.

2. Current year until 202011, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202011, LITHUANIA-China binational exports and imports of goods amounted to 1553.8345 million and were up 23.65% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 330.3485 million and up 14.97%, imports from China to LITHUANIA were 1223.4860 million and up 26.23%. The total binational trade deficit was 893.1375 million and up 30.97%.

During the urrent year until 202011, commodities with hs2 code, 85, 84, 63, 90, 94, were binational trade's top five traded commodities. They correspond to import and export values of 251.1844 million, 158.4665 million, 111.5641 million, 106.5405 million, 88.7009 million and makes up 16.17%, 10.20%, 7.18%, 6.86%, 5.71% of the total binational imports and exports. These values were also up 34.07%, up 12.94%, up 428.93%, up 57.24%, down 3.84% comparing to the same period last year.

During the current year until 202011, 10, 94, 44, 90, 38 were the top five traded commodities exported to China from LITHUANIA, with export values of 75.9363 million, 40.1506 million, 39.5582 million, 31.5567 million, 20.0650 million. These values account for 22.99%, 12.15%, 11.97%, 9.55%, 6.07% of LITHUANIA's total exports and were up 45.20%, down 5.98%, down 18.70%, up 39.70%, up 34.08% comparing to the same period of last year.

During the current year until 202011, 85, 84, 63, 90, 87 were LITHUANIA's top five traded commodities importing from China , with import values of 232.7418 million, 148.1988 million, 111.3147 million, 74.9838 million, 61.8312 million. These values account for 19.02%, 12.11%, 9.10%, 6.13%, 5.05% of LITHUANIA's total imports and were up 33.58%, up 16.85%, up 430.54%, up 66.02%, up 8.08% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat