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Monitor Report of LITHUANIA trade and LITHUANIA-China binational trade in 202106

 1.  Overview the trade of LITHUANIA in goods current year until 202106

According to Dalian Infobank, in 202106LITHUANIA's exports and imports of goods amounted to 7135.3512 million, and were up 39.54% comparing with the same period of last year. Among these, exports were up 35.48% at 3400.4713 million, and imports were up 43.46% at 3734.8798 million. And the corresponding trade deficit was 334.4085 million and up 258.20%.

During the current year until 202106, LITHUANIA's total exports and imports of goods were 39299.5547 million and were up 33.00% comparing to the same period of last year. Among these, exports were 18914.0619 million and up 29.93%; imports were 20385.4928 million and up 35.99%. The total trade deficit was 1471.4310 million and up 239.88%.

If considering by country (region), GERMANY, RUSSIA, POLAND, LATVIA, NETHERLANDS were LITHUANIA's top five trading partners. During the current year until 202106, LITHUANIA's imports and exports to five countries/territories were 4271.1633 million, 4143.2899 million, 3937.3919 million, 3285.9322 million, 2084.8925 million. These values correspond to 10.87%, 10.54%, 10.02%, 8.36%, 5.31% of LITHUANIA's imports and exports, and, respectively, were up 35.44%, up 24.23%, up 36.47%, up 31.82%, up 36.57% comparing to the same period of last year.

Current year until 202106, 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 202106, LITHUANIA's exports to these five countries/territories were 2046.8385 million, 1696.4664 million, 1559.2516 million, 1364.6962 million, 1300.9494 million. These values correspond to 10.82%, 8.97%, 8.24%, 7.22%, 6.88% of LITHUANIA's exports and, respectively, were up 5.18%, up 25.22%, up 27.28%, up 37.72%, up 161.98% comparing with the same period of last year.

Current year until 202106, 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 202106, LITHUANIA's imports from these five countries/territories were 2711.9117 million, 2572.6957 million, 2096.4513 million, 1589.4658 million, 1148.5467 million. These values correspond to 13.30%, 12.62%, 10.28%, 7.80%, 5.63% of LITHUANIA's total imports and, respectively, were up 40.63%, up 35.82%, up 50.90%, up 39.69%, up 34.53% comparing with the same period of last year.

During the current year until 202106, the trade surplus of LITHUANIA was mainly from UNITED STATES, UNITED KINGDOM, NORWAY, UKRAINE, ESTONIA at 647.7488 million, 531.2885 million, 469.2122 million, 454.7101 million, 196.4471 million, and up 158.16%, up 284.78%, up 73.97%, up 36.66%, down 2.66%. And the trade deficits were mainly from POLAND, GERMANY, CHINA, ITALY, FINLAND at 1207.9994 million, 1152.6601 million, 694.1807 million, 458.5021 million, 270.5712 million, and up 33.73%, up 63.87%, up 59.06%, up 2.58%, up 158.55%.

Current year until 202106, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202106,  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 4339.0855 million, 3420.9463 million, 3119.0107 million, 2954.9932 million, 2348.8071 million, which were up 53.07%, up 15.86%, up 62.64%, up 37.35%, up 37.87% comparing with the same period of last year and account for 11.04%, 8.70%, 7.94%, 7.52%, 5.98% of LITHUANIA's total imports and exports.

During the current year until 202106, 94, 27, 84, 85, 39 were LITHUANIA's top five traded commodities, with total import and export values of 1601.3261 million, 1545.2791 million, 1349.0677 million, 1289.5481 million, 1186.3811 million. These values correspond to 8.47%, 8.17%, 7.13%, 6.82%, 6.27% of LITHUANIA's total exports and, respectively, were up 39.55%, up 38.07%, up 3.83%, up 33.04%, up 26.97% comparing to the same period of last year.

During the current year until 202106, 27, 84, 87, 85, 39 were LITHUANIA's top five traded commodities, with total import values of 2793.8063 million, 2071.8786 million, 2026.7455 million, 1665.4451 million, 1162.4261 million. These values correspond to 13.70%, 10.16%, 9.94%, 8.17%, 5.70% of LITHUANIA's total exports and, respectively, were up 62.85%, up 25.32%, up 64.52%, up 40.88%, up 51.11% comparing to the same period of last year.


2. Current year until 202106, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202106, LITHUANIA-China binational exports and imports of goods amounted to 970.1873 million and were up 15.00% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 138.0033 million and down 32.22%, imports from China to LITHUANIA were 832.1840 million and up 30.02%. The total binational trade deficit was 694.1807 million and up 59.06%.

During the urrent year until 202106, 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 218.1257 million, 116.9691 million, 63.5028 million, 60.8873 million, 58.9745 million and makes up 22.48%, 12.06%, 6.55%, 6.28%, 6.08% of the total binational imports and exports. These values were also up 91.94%, up 46.51%, up 11.82%, up 36.03%, up 86.13% comparing to the same period last year.

During the current year until 202106, 94, 90, 74, 38, 44 were the top five traded commodities exported to China from LITHUANIA, with export values of 23.6363 million, 14.2543 million, 13.6739 million, 13.3930 million, 12.2466 million. These values account for 17.13%, 10.33%, 9.91%, 9.70%, 8.87% of LITHUANIA's total exports and were up 19.78%, down 19.17%, up 113.34%, up 93.92%, down 48.87% comparing to the same period of last year.

During the current year until 202106, 85, 84, 87, 90, 94 were LITHUANIA's top five traded commodities importing from China , with import values of 207.6929 million, 111.1314 million, 58.3158 million, 49.2485 million, 37.2510 million. These values account for 24.96%, 13.35%, 7.01%, 5.92%, 4.48% of LITHUANIA's total imports and were up 101.01%, up 50.47%, up 86.05%, up 25.78%, up 48.84% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat