1.  Overview the trade of LITHUANIA in goods current year until 202105

According to Dalian Infobank, in 202105, LITHUANIA's exports and imports of goods amounted to 7076.2956 million, and were up 63.35% comparing with the same period of last year. Among these, exports were up 53.66% at 3317.7918 million, and imports were up 72.98% at 3758.5038 million. And the corresponding trade deficit was 440.7119 million and up 3133.06%.

During the current year until 202105, LITHUANIA's total exports and imports of goods were 32132.6248 million and were up 31.51% comparing to the same period of last year. Among these, exports were 15503.8413 million and up 28.69%; imports were 16628.7834 million and up 34.24%. The total trade deficit was 1124.9421 million and up 231.29%.

If considering by country (region), GERMANY, RUSSIA, POLAND, LATVIA, NETHERLANDS were LITHUANIA's top five trading partners. During the current year until 202105, LITHUANIA's imports and exports to five countries/territories were 3507.7835 million, 3418.0375 million, 3202.8873 million, 2705.4919 million, 1726.2589 million. These values correspond to 10.92%, 10.64%, 9.97%, 8.42%, 5.37% of LITHUANIA's imports and exports, and, respectively, were up 34.71%, up 24.46%, up 34.90%, up 30.79%, up 35.09% comparing to the same period of last year.

Current year until 202105, 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 202105, LITHUANIA's exports to these five countries/territories were 1659.6654 million, 1394.8951 million, 1287.0466 million, 1088.9646 million, 1058.3801 million. These values correspond to 10.70%, 9.00%, 8.30%, 7.02%, 6.83% of LITHUANIA's exports and, respectively, were up 3.14%, up 22.80%, up 26.37%, up 30.81%, up 158.37% comparing with the same period of last year.

Current year until 202105, 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 202105, LITHUANIA's imports from these five countries/territories were 2220.7370 million, 2113.9227 million, 1758.3721 million, 1310.5968 million, 959.5470 million. These values correspond to 13.35%, 12.71%, 10.57%, 7.88%, 5.77% of LITHUANIA's total imports and, respectively, were up 40.07%, up 37.11%, up 54.63%, up 40.51%, up 33.36% comparing with the same period of last year.

During the current year until 202105, the trade surplus of LITHUANIA was mainly from UNITED STATES, UNITED KINGDOM, NORWAY, UKRAINE, ESTONIA at 599.4055 million, 439.1227 million, 393.9349 million, 364.3121 million, 178.0507 million, and up 200.08%, up 318.03%, up 102.92%, up 27.03%, up 3.48%. And the trade deficits were mainly from POLAND, GERMANY, CHINA, ITALY, FINLAND at 1024.9581 million, 933.6904 million, 570.6280 million, 367.2187 million, 235.3764 million, and up 44.49%, up 64.67%, up 58.24%, up 2.30%, up 198.48%.

Current year until 202105, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202105,  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 3428.5722 million, 2780.2438 million, 2532.8370 million, 2430.8503 million, 1906.2942 million, which were up 42.99%, up 16.66%, up 63.54%, up 38.36%, up 35.42% comparing with the same period of last year and account for 10.67%, 8.65%, 7.88%, 7.57%, 5.93% of LITHUANIA's total imports and exports.

During the current year until 202105, 94, 27, 84, 85, 39 were LITHUANIA's top five traded commodities, with total import and export values of 1314.2367 million, 1171.1020 million, 1092.4632 million, 1068.8884 million, 966.6417 million. These values correspond to 8.48%, 7.55%, 7.05%, 6.89%, 6.23% of LITHUANIA's total exports and, respectively, were up 43.95%, up 21.82%, up 3.65%, up 34.48%, up 23.92% comparing to the same period of last year.

During the current year until 202105, 27, 84, 87, 85, 39 were LITHUANIA's top five traded commodities, with total import values of 2257.4702 million, 1687.7806 million, 1649.5834 million, 1361.9619 million, 939.6525 million. These values correspond to 13.58%, 10.15%, 9.92%, 8.19%, 5.65% of LITHUANIA's total exports and, respectively, were up 57.15%, up 26.98%, up 67.53%, up 41.57%, up 49.72% comparing to the same period of last year.

2. Current year until 202105, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202105, LITHUANIA-China binational exports and imports of goods amounted to 796.9895 million and were up 11.19% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 113.1807 million and down 36.45%, imports from China to LITHUANIA were 683.8087 million and up 26.94%. The total binational trade deficit was 570.6280 million and up 58.24%.

During the urrent year until 202105, 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 174.8555 million, 97.2714 million, 51.8478 million, 49.7712 million, 46.2561 million and makes up 21.94%, 12.20%, 6.51%, 6.24%, 5.80% of the total binational imports and exports. These values were also up 99.43%, up 44.98%, up 8.98%, up 32.34%, up 74.73% comparing to the same period last year.

During the current year until 202105, 94, 74, 38, 90, 44 were the top five traded commodities exported to China from LITHUANIA, with export values of 19.9242 million, 11.0728 million, 11.0706 million, 10.7485 million, 9.8482 million. These values account for 17.60%, 9.78%, 9.78%, 9.50%, 8.70% of LITHUANIA's total exports and were up 23.19%, up 170.53%, up 85.17%, down 25.95%, down 50.75% comparing to the same period of last year.

During the current year until 202105, 85, 84, 87, 90, 94 were LITHUANIA's top five traded commodities importing from China , with import values of 166.5793 million, 91.9273 million, 45.6378 million, 41.0993 million, 29.8470 million. These values account for 24.36%, 13.44%, 6.67%, 6.01%, 4.36% of LITHUANIA's total imports and were up 105.21%, up 48.31%, up 74.50%, up 24.31%, up 39.24% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat