1. Overview the trade of LITHUANIA in goods current year until 202012
According to Dalian Infobank, in 202012, LITHUANIA's exports and imports of goods amounted to 6327.5392 million, and were up 15.92% comparing with the same period of last year. Among these, exports were up 24.96% at 3269.2483 million, and imports were up 7.60% at 3058.2908 million. And the corresponding trade surplus was 210.9575 million and down 193.25%.
During the current year until 202012, LITHUANIA's total exports and imports of goods were 65907.5969 million and were down 4.36% comparing to the same period of last year. Among these, exports were 32767.5120 million and down 1.16%; imports were 33140.0849 million and down 7.32%. The total trade deficit was 372.5730 million and down 85.71%.
If considering by country (region), RUSSIA, GERMANY, POLAND, LATVIA, NETHERLANDS were LITHUANIA's top five trading partners. During the current year until 202012, LITHUANIA's imports and exports to five countries/territories were 7395.2350 million, 6876.5841 million, 6409.3259 million, 5621.7945 million, 3529.7223 million. These values correspond to 11.22%, 10.43%, 9.72%, 8.53%, 5.36% of LITHUANIA's imports and exports, and, respectively, were down 24.71%, up 2.65%, down 5.93%, down 1.44%, up 12.75% comparing to the same period of last year.
Current year until 202012, 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 202012, LITHUANIA's exports to these five countries/territories were 4384.3888 million, 3037.8581 million, 2635.6583 million, 2079.5875 million, 1719.8627 million. These values correspond to 13.38%, 9.27%, 8.04%, 6.35%, 5.25% of LITHUANIA's exports and, respectively, were down 5.36%, down 3.93%, up 4.71%, down 20.39%, up 42.92% comparing with the same period of last year.
Current year until 202012, 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 202012, LITHUANIA's imports from these five countries/territories were 4329.7384 million, 4240.9258 million, 3010.8462 million, 2583.9365 million, 1809.8596 million. These values correspond to 13.06%, 12.80%, 9.09%, 7.80%, 5.46% of LITHUANIA's total imports and, respectively, were up 3.06%, up 1.41%, down 41.98%, up 1.66%, down 6.09% comparing with the same period of last year.
During the current year until 202012, the trade surplus of LITHUANIA was mainly from RUSSIA, UNITED STATES, UKRAINE, NORWAY, UNITED KINGDOM at 1373.5426 million, 896.1827 million, 685.4707 million, 517.8849 million, 497.7109 million, and down 346.78%, up 28.93%, down 18.64%, up 19.23%, up 68.33%. And the trade deficits were mainly from POLAND, GERMANY, ITALY, CHINA, CZECH REPUBLIC at 2250.1509 million, 1605.2675 million, 1002.2324 million, 979.5417 million, 333.8959 million, and up 41.63%, down 3.59%, down 1.83%, up 34.04%, up 6.88%.
Current year until 202012, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202012, 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 6578.6303 million, 6116.8132 million, 5086.6491 million, 4629.1484 million, 3494.8103 million, which were up 1.70%, down 44.27%, up 4.67%, down 13.39%, down 2.16% comparing with the same period of last year and account for 9.98%, 9.28%, 7.72%, 7.02%, 5.30% of LITHUANIA's total imports and exports.
During the current year until 202012, 84, 94, 27, 85, 39 were LITHUANIA's top five traded commodities, with total import and export values of 2864.8004 million, 2650.0126 million, 2367.5812 million, 2233.6618 million, 1874.7240 million. These values correspond to 8.74%, 8.09%, 7.23%, 6.82%, 5.72% of LITHUANIA's total exports and, respectively, were up 1.20%, up 3.63%, down 47.28%, up 1.29%, down 6.79% comparing to the same period of last year.
During the current year until 202012, 27, 84, 87, 85, 39 were LITHUANIA's top five traded commodities, with total import values of 3749.2320 million, 3713.8300 million, 3000.6556 million, 2852.9872 million, 1620.0863 million. These values correspond to 11.31%, 11.21%, 9.05%, 8.61%, 4.89% of LITHUANIA's total exports and, respectively, were down 42.18%, up 2.09%, down 15.05%, up 7.48%, up 3.82% comparing to the same period of last year.
2. Current year until 202012, LITHUANIA binational trade profile
According to Dalian Infobank, during the current year until 202012, LITHUANIA-China binational exports and imports of goods amounted to 1695.3296 million and were up 25.67% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 357.8939 million and up 15.77%, imports from China to LITHUANIA were 1337.4356 million and up 28.61%. The total binational trade deficit was 979.5417 million and up 34.04%.
During the urrent year until 202012, commodities with hs2 code, 85, 84, 90, 63, 94, were binational trade's top five traded commodities. They correspond to import and export values of 280.1484 million, 175.3089 million, 120.4994 million, 116.9549 million, 97.5070 million and makes up 16.52%, 10.34%, 7.11%, 6.90%, 5.75% of the total binational imports and exports. These values were also up 38.14%, up 15.11%, up 60.57%, up 413.71%, down 1.21% comparing to the same period last year.
During the current year until 202012, 10, 94, 44, 90, 38 were the top five traded commodities exported to China from LITHUANIA, with export values of 75.9363 million, 44.2487 million, 40.9571 million, 38.7395 million, 22.0280 million. These values account for 21.22%, 12.36%, 11.44%, 10.82%, 6.15% of LITHUANIA's total exports and were up 45.16%, down 3.40%, down 21.45%, up 51.08%, up 34.48% comparing to the same period of last year.
During the current year until 202012, 85, 84, 63, 90, 87 were LITHUANIA's top five traded commodities importing from China , with import values of 259.6975 million, 163.7267 million, 116.7055 million, 81.7599 million, 68.7108 million. These values account for 19.42%, 12.24%, 8.73%, 6.11%, 5.14% of LITHUANIA's total imports and were up 37.63%, up 19.04%, up 415.31%, up 65.50%, up 12.06% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat