1.  Overview the trade of LITHUANIA in goods current year until 202108

According to Dalian Infobank, in 202108, LITHUANIA's exports and imports of goods amounted to 7221.5731 million, and were up 25.03% comparing with the same period of last year. Among these, exports were up 19.19% at 3497.8246 million, and imports were up 31.07% at 3723.7486 million. And the corresponding trade deficit was 225.9240 million and down 340.97%.

During the current year until 202108, LITHUANIA's total exports and imports of goods were 53607.9002 million and were up 30.89% comparing to the same period of last year. Among these, exports were 25661.5794 million and up 27.09%; imports were 27946.3208 million and up 34.59%. The total trade deficit was 2284.7413 million and up 299.24%.

If considering by country (region), GERMANY, RUSSIA, POLAND, LATVIA, NETHERLANDS were LITHUANIA's top five trading partners. During the current year until 202108, LITHUANIA's imports and exports to five countries/territories were 5807.2980 million, 5807.2871 million, 5385.8858 million, 4584.8954 million, 2765.9023 million. These values correspond to 10.83%, 10.83%, 10.05%, 8.55%, 5.16% of LITHUANIA's imports and exports, and, respectively, were up 34.33%, up 25.58%, up 34.51%, up 30.41%, up 30.49% comparing to the same period of last year.

Current year until 202108, 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 202108, LITHUANIA's exports to these five countries/territories were 2778.8182 million, 2436.2579 million, 2168.9332 million, 1916.0181 million, 1659.6690 million. These values correspond to 10.83%, 9.49%, 8.45%, 7.47%, 6.47% of LITHUANIA's exports and, respectively, were up 1.92%, up 27.05%, up 28.44%, up 43.05%, up 125.35% comparing with the same period of last year.

Current year until 202108, 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 202108, LITHUANIA's imports from these five countries/territories were 3638.3648 million, 3469.8677 million, 3028.4688 million, 2148.6376 million, 1524.1526 million. These values correspond to 13.02%, 12.42%, 10.84%, 7.69%, 5.45% of LITHUANIA's total imports and, respectively, were up 38.10%, up 30.22%, up 59.57%, up 34.43%, up 32.38% comparing with the same period of last year.

During the current year until 202108, the trade surplus of LITHUANIA was mainly from UNITED STATES, UNITED KINGDOM, UKRAINE, NORWAY, LATVIA at 859.1674 million, 749.4065 million, 652.1707 million, 598.6086 million, 287.6203 million, and up 113.77%, up 222.52%, up 39.98%, up 62.98%, down 9.90%. And the trade deficits were mainly from POLAND, GERMANY, CHINA, ITALY, KAZAKHSTAN at 1553.8496 million, 1469.4316 million, 976.4480 million, 661.1341 million, 504.3674 million, and up 17.25%, up 55.35%, up 57.15%, up 4.85%, up 166.94%.

Current year until 202108, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202108,  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 6449.6362 million, 4656.1400 million, 4079.5841 million, 3921.9344 million, 3168.6379 million, which were up 62.57%, up 13.30%, up 52.68%, up 29.71%, up 38.02% comparing with the same period of last year and account for 12.03%, 8.69%, 7.61%, 7.32%, 5.91% of LITHUANIA's total imports and exports.

During the current year until 202108, 27, 94, 84, 85, 39 were LITHUANIA's top five traded commodities, with total import and export values of 2314.3112 million, 2149.0290 million, 1830.3689 million, 1694.3478 million, 1613.6830 million. These values correspond to 9.02%, 8.37%, 7.13%, 6.60%, 6.29% of LITHUANIA's total exports and, respectively, were up 48.86%, up 31.74%, up 1.71%, up 26.77%, up 28.78% comparing to the same period of last year.

During the current year until 202108, 27, 84, 87, 85, 39 were LITHUANIA's top five traded commodities, with total import values of 4135.3250 million, 2825.7710 million, 2635.3069 million, 2227.5866 million, 1554.9548 million. These values correspond to 14.80%, 10.11%, 9.43%, 7.97%, 5.56% of LITHUANIA's total exports and, respectively, were up 71.40%, up 22.33%, up 54.35%, up 32.04%, up 49.14% comparing to the same period of last year.

2. Current year until 202108, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202108, LITHUANIA-China binational exports and imports of goods amounted to 1364.6459 million and were up 21.85% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 194.0990 million and down 22.13%, imports from China to LITHUANIA were 1170.5470 million and up 34.45%. The total binational trade deficit was 976.4480 million and up 57.15%.

During the urrent year until 202108, commodities with hs2 code, 85, 84, 87, 90, 94, were binational trade's top five traded commodities. They correspond to import and export values of 308.6300 million, 166.6329 million, 87.2386 million, 81.9057 million, 81.8496 million and makes up 22.62%, 12.21%, 6.39%, 6.00%, 6.00% of the total binational imports and exports. These values were also up 81.96%, up 53.15%, up 92.42%, up 8.69%, up 31.20% comparing to the same period last year.

During the current year until 202108, 94, 74, 38, 90, 44 were the top five traded commodities exported to China from LITHUANIA, with export values of 30.8057 million, 22.8490 million, 20.0229 million, 18.9558 million, 15.3470 million. These values account for 15.87%, 11.77%, 10.32%, 9.77%, 7.91% of LITHUANIA's total exports and were up 11.25%, up 146.96%, up 125.33%, down 18.36%, down 50.85% comparing to the same period of last year.

During the current year until 202108, 85, 84, 87, 90, 94 were LITHUANIA's top five traded commodities importing from China , with import values of 293.8298 million, 158.0981 million, 86.5019 million, 62.9499 million, 51.0439 million. These values account for 25.10%, 13.51%, 7.39%, 5.38%, 4.36% of LITHUANIA's total imports and were up 88.94%, up 56.32%, up 92.72%, up 20.73%, up 47.12% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat