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Monitor Report of LITHUANIA trade and LITHUANIA-China binational trade in 202109

 1.  Overview the trade of LITHUANIA in goods current year until 202109

According to Dalian Infobank, in 202109LITHUANIA's exports and imports of goods amounted to 7598.5721 million, and were up 24.31% comparing with the same period of last year. Among these, exports were up 17.31% at 3658.9241 million, and imports were up 31.61% at 3939.6480 million. And the corresponding trade deficit was 280.7240 million and down 323.42%.

During the current year until 202109, LITHUANIA's total exports and imports of goods were 61232.0892 million and were up 30.09% comparing to the same period of last year. Among these, exports were 29331.2535 million and up 25.83%; imports were 31900.8357 million and up 34.28%. The total trade deficit was 2569.5821 million and up 475.33%.

If considering by country (region), RUSSIA, GERMANY, POLAND, LATVIA, NETHERLANDS were LITHUANIA's top five trading partners. During the current year until 202109, LITHUANIA's imports and exports to five countries/territories were 6755.9319 million, 6612.7491 million, 6139.3677 million, 5266.1896 million, 3154.6369 million. These values correspond to 11.03%, 10.80%, 10.03%, 8.60%, 5.15% of LITHUANIA's imports and exports, and, respectively, were up 29.30%, up 32.71%, up 31.88%, up 29.74%, up 25.87% comparing to the same period of last year.

Current year until 202109, 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 202109, LITHUANIA's exports to these five countries/territories were 3127.6431 million, 2791.3972 million, 2481.2294 million, 2208.9002 million, 1831.4500 million. These values correspond to 10.66%, 9.52%, 8.46%, 7.53%, 6.24% of LITHUANIA's exports and, respectively, were up 1.25%, up 25.85%, up 28.28%, up 43.00%, up 111.47% comparing with the same period of last year.

Current year until 202109, 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 202109, LITHUANIA's imports from these five countries/territories were 4131.5197 million, 3930.4675 million, 3628.2889 million, 2474.7923 million, 1701.3827 million. These values correspond to 12.95%, 12.32%, 11.37%, 7.76%, 5.33% of LITHUANIA's total imports and, respectively, were up 35.51%, up 26.36%, up 69.87%, up 34.42%, up 29.91% comparing with the same period of last year.

During the current year until 202109, the trade surplus of LITHUANIA was mainly from UNITED STATES, UNITED KINGDOM, UKRAINE, NORWAY, LATVIA at 923.6133 million, 871.7297 million, 742.0076 million, 672.0282 million, 316.6049 million, and up 86.16%, up 173.30%, up 42.22%, up 53.63%, down 15.99%. And the trade deficits were mainly from POLAND, GERMANY, CHINA, ITALY, KAZAKHSTAN at 1721.5674 million, 1650.2903 million, 1116.5000 million, 732.9488 million, 597.4421 million, and up 9.95%, up 48.06%, up 56.94%, up 2.05%, up 184.69%.

Current year until 202109, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202109,  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 7680.7365 million, 5258.0284 million, 4610.1002 million, 4454.7642 million, 3593.9057 million, which were up 69.69%, up 12.06%, up 46.18%, up 28.16%, up 38.34% comparing with the same period of last year and account for 12.54%, 8.59%, 7.53%, 7.28%, 5.87% of LITHUANIA's total imports and exports.

During the current year until 202109, 27, 94, 84, 85, 39 were LITHUANIA's top five traded commodities, with total import and export values of 2757.0086 million, 2446.9227 million, 2066.4510 million, 1915.6949 million, 1827.5807 million. These values correspond to 9.40%, 8.34%, 7.05%, 6.53%, 6.23% of LITHUANIA's total exports and, respectively, were up 53.67%, up 29.66%, up 1.21%, up 24.32%, up 29.42% comparing to the same period of last year.

During the current year until 202109, 27, 84, 87, 85, 39 were LITHUANIA's top five traded commodities, with total import values of 4923.7280 million, 3191.5774 million, 2965.1217 million, 2539.0693 million, 1766.3250 million. These values correspond to 15.43%, 10.00%, 9.29%, 7.96%, 5.54% of LITHUANIA's total exports and, respectively, were up 80.21%, up 20.42%, up 46.77%, up 31.22%, up 48.95% comparing to the same period of last year.


2. Current year until 202109, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202109, LITHUANIA-China binational exports and imports of goods amounted to 1557.7801 million and were up 23.19% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 220.6400 million and down 20.22%, imports from China to LITHUANIA were 1337.1400 million and up 35.34%. The total binational trade deficit was 1116.5000 million and up 56.94%.

During the urrent year until 202109, commodities with hs2 code, 85, 84, 87, 94, 90, were binational trade's top five traded commodities. They correspond to import and export values of 356.7953 million, 187.5993 million, 99.1719 million, 95.7191 million, 93.5694 million and makes up 22.90%, 12.04%, 6.37%, 6.14%, 6.01% of the total binational imports and exports. These values were also up 83.85%, up 47.49%, up 91.84%, up 33.60%, up 10.75% comparing to the same period last year.

During the current year until 202109, 94, 74, 90, 38, 85 were the top five traded commodities exported to China from LITHUANIA, with export values of 36.2094 million, 26.9295 million, 23.0827 million, 22.0023 million, 16.7597 million. These values account for 16.41%, 12.21%, 10.46%, 9.97%, 7.60% of LITHUANIA's total exports and were up 12.90%, up 119.68%, down 8.38%, up 57.32%, up 8.95% comparing to the same period of last year.

During the current year until 202109, 85, 84, 87, 90, 94 were LITHUANIA's top five traded commodities importing from China , with import values of 340.0356 million, 178.3980 million, 98.4104 million, 70.4867 million, 59.5097 million. These values account for 25.43%, 13.34%, 7.36%, 5.27%, 4.45% of LITHUANIA's total imports and were up 90.30%, up 50.14%, up 93.07%, up 18.88%, up 50.38% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat