1. Overview the trade of LITHUANIA in goods current year until 202101
According to Dalian Infobank, in 202101, LITHUANIA's exports and imports of goods amounted to 5399.9985 million, and were up 6.35% comparing with the same period of last year. Among these, exports were up 11.53% at 2765.3618 million, and imports were up 1.41% at 2634.6367 million. And the corresponding trade surplus was 130.7251 million and down 210.25%.
During the current year until 202101, LITHUANIA's total exports and imports of goods were 5399.9985 million and were up 6.35% comparing to the same period of last year. Among these, exports were 2765.3618 million and up 11.53%; imports were 2634.6367 million and up 1.41%. The total trade surplus was 130.7251 million and down 210.25%.
If considering by country (region), GERMANY, POLAND, RUSSIA, LATVIA, UNITED STATES were LITHUANIA's top five trading partners. During the current year until 202101, LITHUANIA's imports and exports to five countries/territories were 584.1057 million, 516.5600 million, 491.2134 million, 454.7154 million, 394.0261 million. These values correspond to 10.82%, 9.57%, 9.10%, 8.42%, 7.30% of LITHUANIA's imports and exports, and, respectively, were up 4.86%, up 2.08%, down 14.16%, up 2.70%, up 247.16% comparing to the same period of last year.
Current year until 202101, LITHUANIA and the top five trade partners UNITED STATES, GERMANY, LATVIA, RUSSIA, POLAND are the top five countries/territories that LITHUANIA exports to in terms of the total export amount. During the current year until 202101, LITHUANIA's exports to these five countries/territories were 253.1873 million, 238.9437 million, 230.9274 million, 229.9727 million, 180.3894 million. These values correspond to 9.16%, 8.64%, 8.35%, 8.32%, 6.52% of LITHUANIA's exports and, respectively, were up 299.50%, down 0.29%, down 4.72%, down 17.75%, down 10.02% comparing with the same period of last year.
Current year until 202101, LITHUANIA's exports to top five countries/territories GERMANY, POLAND, 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 202101, LITHUANIA's imports from these five countries/territories were 345.1620 million, 336.1705 million, 261.2407 million, 223.7880 million, 152.3179 million. These values correspond to 13.10%, 12.76%, 9.92%, 8.49%, 5.78% of LITHUANIA's total imports and, respectively, were up 8.75%, up 10.01%, down 10.73%, up 11.69%, up 7.96% comparing with the same period of last year.
During the current year until 202101, the trade surplus of LITHUANIA was mainly from UNITED STATES, UNITED KINGDOM, NORWAY, UKRAINE, ESTONIA at 112.3485 million, 107.8860 million, 59.8883 million, 55.9630 million, 43.6138 million, and up 747.67%, up 285.43%, up 29.46%, down 24.46%, up 66.93%. And the trade deficits were mainly from POLAND, CHINA, GERMANY, FINLAND, RUSSIA at 155.7811 million, 107.0892 million, 106.2183 million, 54.6034 million, 31.2681 million, and up 48.23%, up 45.06%, up 36.58%, up 74.19%, up 139.95%.
Current year until 202101, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202101, commodities with hs2 codes, 27, 85, 84, 87, 38, were LITHUANIA's top five traded commodities. They correspond to the import and export values of 531.6006 million, 441.6614 million, 434.4870 million, 363.3949 million, 290.7692 million, which were down 12.39%, up 10.18%, down 6.93%, up 6.78%, up 242.94% comparing with the same period of last year and account for 9.84%, 8.18%, 8.05%, 6.73%, 5.38% of LITHUANIA's total imports and exports.
During the current year until 202101, 38, 94, 85, 84, 27 were LITHUANIA's top five traded commodities, with total import and export values of 253.8334 million, 237.3388 million, 193.0275 million, 177.6410 million, 174.4212 million. These values correspond to 9.18%, 8.58%, 6.98%, 6.42%, 6.31% of LITHUANIA's total exports and, respectively, were up 389.48%, up 8.23%, up 9.17%, down 8.43%, down 17.25% comparing to the same period of last year.
During the current year until 202101, 27, 84, 85, 87, 39 were LITHUANIA's top five traded commodities, with total import values of 357.1794 million, 256.8460 million, 248.6340 million, 226.8094 million, 134.5389 million. These values correspond to 13.56%, 9.75%, 9.44%, 8.61%, 5.11% of LITHUANIA's total exports and, respectively, were down 9.80%, down 5.86%, up 10.98%, up 7.67%, up 12.64% comparing to the same period of last year.
2. Current year until 202101, LITHUANIA binational trade profile
According to Dalian Infobank, during the current year until 202101, LITHUANIA-China binational exports and imports of goods amounted to 149.4133 million and were up 28.56% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 21.1620 million and down 0.18%, imports from China to LITHUANIA were 128.2513 million and up 34.97%. The total binational trade deficit was 107.0892 million and up 45.06%.
During the urrent year until 202101, commodities with hs2 code, 85, 84, 90, 87, 94, were binational trade's top five traded commodities. They correspond to import and export values of 28.5076 million, 18.3266 million, 10.9750 million, 8.9380 million, 8.1568 million and makes up 19.08%, 12.27%, 7.35%, 5.98%, 5.46% of the total binational imports and exports. These values were also up 49.53%, up 20.22%, up 73.61%, up 43.61%, up 3.37% comparing to the same period last year.
During the current year until 202101, 38, 94, 74, 44, 84 were the top five traded commodities exported to China from LITHUANIA, with export values of 3.4393 million, 3.0613 million, 2.4536 million, 1.8434 million, 1.1329 million. These values account for 16.25%, 14.47%, 11.59%, 8.71%, 5.35% of LITHUANIA's total exports and were up 85.39%, down 12.10%, up 122.96%, down 59.50%, up 26.56% comparing to the same period of last year.
During the current year until 202101, 85, 84, 90, 87, 63 were LITHUANIA's top five traded commodities importing from China , with import values of 27.3811 million, 17.1937 million, 9.8880 million, 8.8749 million, 5.5585 million. These values account for 21.35%, 13.41%, 7.71%, 6.92%, 4.33% of LITHUANIA's total imports and were up 56.68%, up 19.83%, up 86.57%, up 42.62%, up 191.10% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat