1.  Overview the trade of LITHUANIA in goods current year until 202110

According to Dalian Infobank, in 202110, LITHUANIA's exports and imports of goods amounted to 7817.5362 million, and were up 21.41% comparing with the same period of last year. Among these, exports were up 14.69% at 3713.3651 million, and imports were up 28.21% at 4104.1711 million. And the corresponding trade deficit was 390.8061 million and down 1168.19%.

During the current year until 202110, LITHUANIA's total exports and imports of goods were 69091.4291 million and were up 29.13% comparing to the same period of last year. Among these, exports were 33058.3319 million and up 24.52%; imports were 36033.0972 million and up 33.66%. The total trade deficit was 2974.7654 million and up 625.48%.

If considering by country (region), RUSSIA, GERMANY, POLAND, LATVIA, NETHERLANDS were LITHUANIA's top five trading partners. During the current year until 202110, LITHUANIA's imports and exports to five countries/territories were 7692.3338 million, 7375.6348 million, 6931.4878 million, 5919.6889 million, 3550.3397 million. These values correspond to 11.13%, 10.68%, 10.03%, 8.57%, 5.14% of LITHUANIA's imports and exports, and, respectively, were up 27.35%, up 30.39%, up 31.55%, up 28.48%, up 25.04% comparing to the same period of last year.

Current year until 202110, 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 202110, LITHUANIA's exports to these five countries/territories were 3550.5986 million, 3131.6828 million, 2768.8459 million, 2529.9578 million, 2075.5645 million. These values correspond to 10.74%, 9.47%, 8.38%, 7.65%, 6.28% of LITHUANIA's exports and, respectively, were up 0.63%, up 25.06%, up 25.86%, up 46.19%, up 99.53% comparing with the same period of last year.

Current year until 202110, 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 202110, LITHUANIA's imports from these five countries/territories were 4606.7888 million, 4401.5300 million, 4141.7352 million, 2788.0062 million, 1907.0346 million. These values correspond to 12.78%, 12.22%, 11.49%, 7.74%, 5.29% of LITHUANIA's total imports and, respectively, were up 33.27%, up 24.39%, up 64.89%, up 32.55%, up 29.27% comparing with the same period of last year.

During the current year until 202110, the trade surplus of LITHUANIA was mainly from UNITED STATES, UNITED KINGDOM, UKRAINE, NORWAY, ESTONIA at 1050.3834 million, 981.1939 million, 824.0863 million, 744.9494 million, 384.5303 million, and up 68.40%, up 150.29%, up 45.76%, up 43.13%, up 19.86%. And the trade deficits were mainly from POLAND, GERMANY, CHINA, ITALY, KAZAKHSTAN at 1871.5722 million, 1837.9429 million, 1266.6503 million, 835.4060 million, 753.6283 million, and up 3.53%, up 46.24%, up 58.96%, up 0.33%, up 294.58%.

Current year until 202110, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202110,  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 8932.1157 million, 5897.4698 million, 5098.4050 million, 5044.5214 million, 4023.1386 million, which were up 75.31%, up 10.49%, up 39.41%, up 27.15%, up 38.16% comparing with the same period of last year and account for 12.93%, 8.54%, 7.38%, 7.30%, 5.82% of LITHUANIA's total imports and exports.

During the current year until 202110, 27, 94, 84, 85, 39 were LITHUANIA's top five traded commodities, with total import and export values of 3202.7279 million, 2756.9637 million, 2338.2686 million, 2161.9453 million, 2050.7411 million. These values correspond to 9.69%, 8.34%, 7.07%, 6.54%, 6.20% of LITHUANIA's total exports and, respectively, were up 61.57%, up 28.01%, up 0.61%, up 23.09%, up 30.10% comparing to the same period of last year.

During the current year until 202110, 27, 84, 87, 85, 39 were LITHUANIA's top five traded commodities, with total import values of 5729.3878 million, 3559.2012 million, 3274.1565 million, 2882.5760 million, 1972.3975 million. These values correspond to 15.90%, 9.88%, 9.09%, 8.00%, 5.47% of LITHUANIA's total exports and, respectively, were up 84.06%, up 18.11%, up 39.74%, up 30.37%, up 47.67% comparing to the same period of last year.

2. Current year until 202110, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202110, LITHUANIA-China binational exports and imports of goods amounted to 1750.6407 million and were up 23.96% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 241.9952 million and down 21.36%, imports from China to LITHUANIA were 1508.6455 million and up 36.58%. The total binational trade deficit was 1266.6503 million and up 58.96%.

During the urrent year until 202110, 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 404.8236 million, 210.5303 million, 109.3301 million, 108.2561 million, 103.6401 million and makes up 23.12%, 12.03%, 6.25%, 6.18%, 5.92% of the total binational imports and exports. These values were also up 83.19%, up 47.53%, up 90.90%, up 34.15%, up 8.50% comparing to the same period last year.

During the current year until 202110, 94, 74, 90, 38, 85 were the top five traded commodities exported to China from LITHUANIA, with export values of 40.2355 million, 29.8045 million, 26.8445 million, 24.3839 million, 18.6776 million. These values account for 16.63%, 12.32%, 11.09%, 10.08%, 7.72% of LITHUANIA's total exports and were up 11.53%, up 97.95%, down 7.94%, up 37.15%, up 9.28% comparing to the same period of last year.

During the current year until 202110, 85, 84, 87, 90, 94 were LITHUANIA's top five traded commodities importing from China , with import values of 386.1460 million, 201.0378 million, 108.4547 million, 76.7956 million, 68.0206 million. These values account for 25.60%, 13.33%, 7.19%, 5.09%, 4.51% of LITHUANIA's total imports and were up 89.39%, up 50.76%, up 92.19%, up 15.72%, up 52.43% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat