1.  Overview the trade of LITHUANIA in goods current year until 202112

According to Dalian Infobank, in 202112, LITHUANIA's exports and imports of goods amounted to 8007.8660 million, and were up 24.92% comparing with the same period of last year. Among these, exports were up 14.91% at 3772.5094 million, and imports were up 35.42% at 4235.3566 million. And the corresponding trade deficit was 462.8471 million and down 397.42%.

During the current year until 202112, LITHUANIA's total exports and imports of goods were 85329.7916 million and were up 28.88% comparing to the same period of last year. Among these, exports were 40739.4767 million and up 24.01%; imports were 44590.3149 million and up 33.67%. The total trade deficit was 3850.8382 million and up 658.86%.

If considering by country (region), RUSSIA, GERMANY, POLAND, LATVIA, NETHERLANDS were LITHUANIA's top five trading partners. During the current year until 202112, LITHUANIA's imports and exports to five countries/territories were 9935.5110 million, 8959.1962 million, 8564.9599 million, 7229.4523 million, 4372.0870 million. These values correspond to 11.64%, 10.50%, 10.04%, 8.47%, 5.12% of LITHUANIA's imports and exports, and, respectively, were up 35.64%, up 28.65%, up 32.98%, up 28.09%, up 22.77% comparing to the same period of last year.

Current year until 202112, 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 202112, LITHUANIA's exports to these five countries/territories were 4426.6420 million, 3825.3181 million, 3333.8882 million, 3221.1814 million, 2521.5033 million. These values correspond to 10.87%, 9.39%, 8.18%, 7.91%, 6.19% of LITHUANIA's exports and, respectively, were up 0.87%, up 26.14%, up 25.15%, up 53.95%, up 73.51% comparing with the same period of last year.

Current year until 202112, LITHUANIA's exports to top five countries/territories GERMANY, RUSSIA, POLAND, LATVIA, NETHERLANDS are the top five countries/territories that LITHUANIA imports from in terms of the total export amount. During the current year until 202112, LITHUANIA's imports from these five countries/territories were 5625.3080 million, 5508.8690 million, 5343.7786 million, 3404.1341 million, 2317.9719 million. These values correspond to 12.62%, 12.35%, 11.98%, 7.63%, 5.20% of LITHUANIA's total imports and, respectively, were up 30.81%, up 87.59%, up 22.89%, up 30.35%, up 26.25% comparing with the same period of last year.

During the current year until 202112, the trade surplus of LITHUANIA was mainly from UNITED STATES, UNITED KINGDOM, UKRAINE, NORWAY, ESTONIA at 1379.2781 million, 1202.8950 million, 1026.8351 million, 861.3894 million, 493.4923 million, and up 53.63%, up 133.02%, up 49.87%, up 66.47%, up 25.72%. And the trade deficits were mainly from GERMANY, POLAND, CHINA, RUSSIA, ITALY at 2291.4198 million, 2122.5972 million, 1584.7518 million, 1082.2269 million, 1059.9108 million, and up 40.04%, down 5.92%, up 61.78%, down 174.54%, up 3.24%.

Current year until 202112, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202112,  commodities with hs2 codes, 27, 84, 85, 87, 39, were LITHUANIA's top five traded commodities. They correspond to the import and export values of 11834.3320 million, 7246.1684 million, 6217.7373 million, 6148.0152 million, 4857.2896 million, which were up 92.63%, up 9.65%, up 22.10%, up 32.26%, up 37.45% comparing with the same period of last year and account for 13.87%, 8.49%, 7.29%, 7.21%, 5.69% of LITHUANIA's total imports and exports.

During the current year until 202112, 27, 94, 84, 85, 39 were LITHUANIA's top five traded commodities, with total import and export values of 4198.0169 million, 3340.3992 million, 2887.9589 million, 2650.9178 million, 2481.1204 million. These values correspond to 10.30%, 8.20%, 7.09%, 6.51%, 6.09% of LITHUANIA's total exports and, respectively, were up 75.72%, up 26.05%, up 0.88%, up 18.63%, up 31.33% comparing to the same period of last year.

During the current year until 202112, 27, 84, 87, 85, 39 were LITHUANIA's top five traded commodities, with total import values of 7636.3152 million, 4358.2095 million, 3960.8330 million, 3566.8195 million, 2376.1692 million. These values correspond to 17.13%, 9.77%, 8.88%, 8.00%, 5.33% of LITHUANIA's total exports and, respectively, were up 103.40%, up 16.36%, up 31.28%, up 24.82%, up 44.47% comparing to the same period of last year.

2. Current year until 202112, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202112, LITHUANIA-China binational exports and imports of goods amounted to 2125.7961 million and were up 25.39% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 270.5222 million and down 24.41%, imports from China to LITHUANIA were 1855.2739 million and up 38.72%. The total binational trade deficit was 1584.7518 million and up 61.78%.

During the urrent year until 202112, commodities with hs2 code, 85, 84, 94, 87, 90, were binational trade's top five traded commodities. They correspond to import and export values of 506.5511 million, 259.0840 million, 131.8890 million, 129.0295 million, 122.4429 million and makes up 23.83%, 12.19%, 6.20%, 6.07%, 5.76% of the total binational imports and exports. These values were also up 80.82%, up 47.79%, up 35.26%, up 85.15%, up 1.61% comparing to the same period last year.

During the current year until 202112, 94, 74, 90, 38, 85 were the top five traded commodities exported to China from LITHUANIA, with export values of 43.9412 million, 35.8611 million, 31.0427 million, 25.7165 million, 22.0365 million. These values account for 16.24%, 13.26%, 11.48%, 9.51%, 8.15% of LITHUANIA's total exports and were down 0.70%, up 90.51%, down 19.87%, up 16.74%, up 7.75% comparing to the same period of last year.

During the current year until 202112, 85, 84, 87, 90, 94 were LITHUANIA's top five traded commodities importing from China , with import values of 484.5145 million, 248.9635 million, 128.0009 million, 91.4002 million, 87.9478 million. These values account for 26.12%, 13.42%, 6.90%, 4.93%, 4.74% of LITHUANIA's total imports and were up 86.57%, up 52.06%, up 86.29%, up 11.79%, up 65.13% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat