1.  Overview the trade of LITHUANIA in goods current year until 202107

According to Dalian Infobank, in 202107, LITHUANIA's exports and imports of goods amounted to 7019.4360 million, and were up 24.64% comparing with the same period of last year. Among these, exports were up 19.85% at 3234.9966 million, and imports were up 29.06% at 3784.4394 million. And the corresponding trade deficit was 549.4428 million and up 135.70%.

During the current year until 202107, LITHUANIA's total exports and imports of goods were 46342.1604 million and were up 31.73% comparing to the same period of last year. Among these, exports were 22153.7438 million and up 28.38%; imports were 24188.4166 million and up 34.96%. The total trade deficit was 2034.6727 million and up 205.49%.

If considering by country (region), RUSSIA, GERMANY, POLAND, LATVIA, NETHERLANDS were LITHUANIA's top five trading partners. During the current year until 202107, LITHUANIA's imports and exports to five countries/territories were 5025.5567 million, 5018.5516 million, 4645.2444 million, 3888.6729 million, 2402.7926 million. These values correspond to 10.84%, 10.83%, 10.02%, 8.39%, 5.18% of LITHUANIA's imports and exports, and, respectively, were up 28.19%, up 33.78%, up 34.67%, up 29.98%, up 33.88% comparing to the same period of last year.

Current year until 202107, 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 202107, LITHUANIA's exports to these five countries/territories were 2423.2322 million, 2028.3278 million, 1843.4714 million, 1641.5390 million, 1466.2382 million. These values correspond to 10.94%, 9.16%, 8.32%, 7.41%, 6.62% of LITHUANIA's exports and, respectively, were up 3.46%, up 24.72%, up 26.91%, up 41.29%, up 146.84% comparing with the same period of last year.

Current year until 202107, 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 202107, LITHUANIA's imports from these five countries/territories were 3175.0802 million, 3003.7054 million, 2602.3245 million, 1860.3451 million, 1324.1227 million. These values correspond to 13.13%, 12.42%, 10.76%, 7.69%, 5.47% of LITHUANIA's total imports and, respectively, were up 38.13%, up 31.31%, up 64.88%, up 36.25%, up 32.83% comparing with the same period of last year.

During the current year until 202107, the trade surplus of LITHUANIA was mainly from UNITED STATES, UNITED KINGDOM, UKRAINE, NORWAY, ESTONIA at 736.8216 million, 651.2619 million, 554.6803 million, 528.8485 million, 222.4936 million, and up 133.85%, up 276.51%, up 38.62%, up 71.91%, down 1.93%. And the trade deficits were mainly from POLAND, GERMANY, CHINA, ITALY, FINLAND at 1362.1664 million, 1331.6088 million, 832.5428 million, 573.7684 million, 335.9961 million, and up 21.01%, up 57.38%, up 57.90%, up 6.47%, up 168.96%.

Current year until 202107, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202107,  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 5316.5301 million, 4079.5857 million, 3629.3364 million, 3417.5055 million, 2761.0571 million, which were up 57.86%, up 14.75%, up 55.88%, up 32.78%, up 37.58% comparing with the same period of last year and account for 11.47%, 8.80%, 7.83%, 7.37%, 5.96% of LITHUANIA's total imports and exports.

During the current year until 202107, 27, 94, 84, 85, 39 were LITHUANIA's top five traded commodities, with total import and export values of 1882.1041 million, 1867.4211 million, 1602.4744 million, 1481.1893 million, 1403.6466 million. These values correspond to 8.50%, 8.43%, 7.23%, 6.69%, 6.34% of LITHUANIA's total exports and, respectively, were up 43.53%, up 34.37%, up 2.65%, up 29.81%, up 27.89% comparing to the same period of last year.

During the current year until 202107, 27, 84, 87, 85, 39 were LITHUANIA's top five traded commodities, with total import values of 3434.4260 million, 2477.1113 million, 2349.4571 million, 1936.3162 million, 1357.4106 million. These values correspond to 14.20%, 10.24%, 9.71%, 8.01%, 5.61% of LITHUANIA's total exports and, respectively, were up 67.00%, up 24.22%, up 56.89%, up 35.14%, up 49.28% comparing to the same period of last year.

2. Current year until 202107, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202107, LITHUANIA-China binational exports and imports of goods amounted to 1155.7911 million and were up 17.97% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 161.6242 million and down 28.56%, imports from China to LITHUANIA were 994.1669 million and up 31.94%. The total binational trade deficit was 832.5428 million and up 57.90%.

During the urrent year until 202107, 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 262.7320 million, 139.9259 million, 72.3963 million, 71.6126 million, 70.2915 million and makes up 22.73%, 12.11%, 6.26%, 6.20%, 6.08% of the total binational imports and exports. These values were also up 90.09%, up 48.82%, up 11.18%, up 85.29%, up 31.65% comparing to the same period last year.

During the current year until 202107, 94, 74, 90, 38, 44 were the top five traded commodities exported to China from LITHUANIA, with export values of 26.8271 million, 18.3808 million, 16.1523 million, 15.1313 million, 14.4367 million. These values account for 16.60%, 11.37%, 9.99%, 9.36%, 8.93% of LITHUANIA's total exports and were up 14.76%, up 140.10%, down 19.69%, up 95.88%, down 47.65% comparing to the same period of last year.

During the current year until 202107, 85, 84, 87, 90, 94 were LITHUANIA's top five traded commodities importing from China , with import values of 250.7936 million, 133.4178 million, 70.9457 million, 56.2441 million, 43.4644 million. These values account for 25.23%, 13.42%, 7.14%, 5.66%, 4.37% of LITHUANIA's total imports and were up 98.35%, up 53.12%, up 85.52%, up 24.98%, up 44.81% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat