1.  Overview the trade of LITHUANIA in goods current year until 202104

According to Dalian Infobank, in 202104, LITHUANIA's exports and imports of goods amounted to 6700.2409 million, and were up 59.29% comparing with the same period of last year. Among these, exports were up 53.94% at 3194.7857 million, and imports were up 64.51% at 3505.4551 million. And the corresponding trade deficit was 310.6694 million and up 459.83%.

During the current year until 202104, LITHUANIA's total exports and imports of goods were 24972.1122 million and were up 24.20% comparing to the same period of last year. Among these, exports were 12172.6145 million and up 23.23%; imports were 12799.4978 million and up 25.14%. The total trade deficit was 626.8833 million and up 79.02%.

If considering by country (region), GERMANY, RUSSIA, POLAND, LATVIA, NETHERLANDS were LITHUANIA's top five trading partners. During the current year until 202104, LITHUANIA's imports and exports to five countries/territories were 2765.5671 million, 2520.5578 million, 2513.9839 million, 2114.1692 million, 1372.3989 million. These values correspond to 11.07%, 10.09%, 10.07%, 8.47%, 5.50% of LITHUANIA's imports and exports, and, respectively, were up 29.73%, up 7.24%, up 29.20%, up 25.99%, up 34.86% comparing to the same period of last year.

Current year until 202104, LITHUANIA and the top five trade partners RUSSIA, LATVIA, GERMANY, POLAND, UNITED STATES are the top five countries/territories that LITHUANIA exports to in terms of the total export amount. During the current year until 202104, LITHUANIA's exports to these five countries/territories were 1297.1538 million, 1085.7628 million, 1023.9360 million, 862.7403 million, 843.2038 million. These values correspond to 10.66%, 8.92%, 8.41%, 7.09%, 6.93% of LITHUANIA's exports and, respectively, were down 2.27%, up 18.02%, up 23.01%, up 24.12%, up 143.56% comparing with the same period of last year.

Current year until 202104, 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 202104, LITHUANIA's imports from these five countries/territories were 1741.6311 million, 1651.2436 million, 1223.4041 million, 1028.4065 million, 766.2918 million. These values correspond to 13.61%, 12.90%, 9.56%, 8.03%, 5.99% of LITHUANIA's total imports and, respectively, were up 34.03%, up 32.02%, up 19.58%, up 35.67%, up 30.37% comparing with the same period of last year.

During the current year until 202104, the trade surplus of LITHUANIA was mainly from UNITED STATES, UNITED KINGDOM, NORWAY, UKRAINE, ESTONIA at 484.5201 million, 356.1060 million, 277.5642 million, 269.8311 million, 139.6671 million, and up 174.47%, up 341.24%, up 112.15%, up 5.29%, down 3.47%. And the trade deficits were mainly from POLAND, GERMANY, CHINA, ITALY, FINLAND at 788.5034 million, 717.6951 million, 449.9758 million, 279.2430 million, 199.4977 million, and up 41.91%, up 53.69%, up 69.94%, down 3.52%, up 165.50%.

Current year until 202104, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202104,  commodities with hs2 codes, 27, 84, 87, 85, 39, were LITHUANIA's top five traded commodities. They correspond to the import and export values of 2406.6423 million, 2187.6840 million, 1959.8778 million, 1915.1511 million, 1482.4851 million, which were up 18.00%, up 13.24%, up 51.86%, up 33.55%, up 30.10% comparing with the same period of last year and account for 9.64%, 8.76%, 7.85%, 7.67%, 5.94% of LITHUANIA's total imports and exports.

During the current year until 202104, 94, 27, 84, 85, 39 were LITHUANIA's top five traded commodities, with total import and export values of 1051.8129 million, 869.0794 million, 864.8295 million, 848.1446 million, 749.8234 million. These values correspond to 8.64%, 7.14%, 7.10%, 6.97%, 6.16% of LITHUANIA's total exports and, respectively, were up 40.10%, up 7.63%, up 1.03%, up 30.69%, up 18.91% comparing to the same period of last year.

During the current year until 202104, 27, 84, 87, 85, 39 were LITHUANIA's top five traded commodities, with total import values of 1537.5629 million, 1322.8545 million, 1271.0747 million, 1067.0066 million, 732.6617 million. These values correspond to 12.01%, 10.34%, 9.93%, 8.34%, 5.72% of LITHUANIA's total exports and, respectively, were up 24.79%, up 22.95%, up 55.29%, up 35.92%, up 43.96% comparing to the same period of last year.

2. Current year until 202104, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202104, LITHUANIA-China binational exports and imports of goods amounted to 630.6356 million and were up 9.87% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 90.3299 million and down 41.58%, imports from China to LITHUANIA were 540.3057 million and up 28.83%. The total binational trade deficit was 449.9758 million and up 69.94%.

During the urrent year until 202104, commodities with hs2 code, 85, 84, 90, 94, 87, were binational trade's top five traded commodities. They correspond to import and export values of 131.1117 million, 76.8760 million, 41.3105 million, 39.7117 million, 35.4721 million and makes up 20.79%, 12.19%, 6.55%, 6.30%, 5.62% of the total binational imports and exports. These values were also up 95.42%, up 45.40%, up 16.43%, up 33.94%, up 63.09% comparing to the same period last year.

During the current year until 202104, 94, 38, 74, 90, 44 were the top five traded commodities exported to China from LITHUANIA, with export values of 16.0400 million, 9.6535 million, 9.1860 million, 8.2291 million, 7.4630 million. These values account for 17.76%, 10.69%, 10.17%, 9.11%, 8.26% of LITHUANIA's total exports and were up 36.16%, up 80.64%, up 174.52%, down 20.95%, down 51.01% comparing to the same period of last year.

During the current year until 202104, 85, 84, 87, 90, 73 were LITHUANIA's top five traded commodities importing from China , with import values of 125.7777 million, 72.7765 million, 34.9582 million, 33.0814 million, 23.8663 million. These values account for 23.28%, 13.47%, 6.47%, 6.12%, 4.42% of LITHUANIA's total imports and were up 103.55%, up 49.67%, up 61.27%, up 31.94%, up 77.69% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat