1.  Overview the trade of LITHUANIA in goods current year until 202201

According to Dalian Infobank, in 202201, LITHUANIA's exports and imports of goods amounted to 7379.0115 million, and were up 34.83% comparing with the same period of last year. Among these, exports were up 26.84% at 3518.8888 million, and imports were up 43.05% at 3860.1226 million. And the corresponding trade deficit was 341.2338 million and down 550.95%.

During the current year until 202201, LITHUANIA's total exports and imports of goods were 7379.0115 million and were up 34.83% comparing to the same period of last year. Among these, exports were 3518.8888 million and up 26.84%; imports were 3860.1226 million and up 43.05%. The total trade deficit was 341.2338 million and down 550.95%.

If considering by country (region), RUSSIA, GERMANY, POLAND, LATVIA, NETHERLANDS were LITHUANIA's top five trading partners. During the current year until 202201, LITHUANIA's imports and exports to five countries/territories were 1015.4274 million, 739.1363 million, 688.6154 million, 589.0385 million, 381.7190 million. These values correspond to 13.76%, 10.02%, 9.33%, 7.98%, 5.17% of LITHUANIA's imports and exports, and, respectively, were up 109.50%, up 25.42%, up 32.47%, up 26.43%, up 18.40% comparing to the same period of last year.

Current year until 202201, LITHUANIA and the top five trade partners GERMANY, LATVIA, RUSSIA, 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 202201, LITHUANIA's exports to these five countries/territories were 316.8338 million, 305.0188 million, 292.9747 million, 292.9482 million, 258.7228 million. These values correspond to 9.00%, 8.67%, 8.33%, 8.33%, 7.35% of LITHUANIA's exports and, respectively, were up 32.14%, up 31.29%, up 27.37%, up 62.28%, up 1.02% comparing with the same period of last year.

Current year until 202201, LITHUANIA's exports to top five countries/territories RUSSIA, GERMANY, 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 202201, LITHUANIA's imports from these five countries/territories were 722.4527 million, 422.3025 million, 395.6672 million, 284.0197 million, 189.1519 million. These values correspond to 18.72%, 10.94%, 10.25%, 7.36%, 4.90% of LITHUANIA's total imports and, respectively, were up 183.67%, up 20.82%, up 16.62%, up 21.59%, up 21.15% comparing with the same period of last year.

During the current year until 202201, the trade surplus of LITHUANIA was mainly from UNITED STATES, UNITED KINGDOM, SINGAPORE, NORWAY, UKRAINE at 216.3461 million, 132.6827 million, 80.8317 million, 66.0362 million, 57.6795 million, and up 90.66%, up 23.12%, up 147.72%, up 10.45%, up 3.12%. And the trade deficits were mainly from RUSSIA, CHINA, KAZAKHSTAN, GERMANY, POLAND at 429.4779 million, 181.2659 million, 106.8985 million, 105.4687 million, 102.7190 million, and up 1640.97%, up 69.10%, down 733.99%, down 3.91%, down 35.30%.

Current year until 202201, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202201,  commodities with hs2 codes, 27, 85, 84, 87, 39, were LITHUANIA's top five traded commodities. They correspond to the import and export values of 1473.9923 million, 529.8511 million, 509.5557 million, 412.8257 million, 402.0277 million, which were up 165.02%, up 18.96%, up 16.79%, up 11.82%, up 38.56% comparing with the same period of last year and account for 19.98%, 7.18%, 6.91%, 5.59%, 5.45% of LITHUANIA's total imports and exports.

During the current year until 202201, 27, 94, 38, 39, 85 were LITHUANIA's top five traded commodities, with total import and export values of 520.4342 million, 293.5282 million, 225.8484 million, 223.3180 million, 218.7803 million. These values correspond to 14.79%, 8.34%, 6.42%, 6.35%, 6.22% of LITHUANIA's total exports and, respectively, were up 190.90%, up 23.27%, down 11.29%, up 46.41%, up 13.39% comparing to the same period of last year.

During the current year until 202201, 27, 85, 84, 87, 39 were LITHUANIA's top five traded commodities, with total import values of 953.5580 million, 311.0708 million, 306.1682 million, 265.2965 million, 178.7097 million. These values correspond to 24.70%, 8.06%, 7.93%, 6.87%, 4.63% of LITHUANIA's total exports and, respectively, were up 152.75%, up 23.21%, up 18.29%, up 15.43%, up 29.87% comparing to the same period of last year.

2. Current year until 202201, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202201, LITHUANIA-China binational exports and imports of goods amounted to 187.6907 million and were up 25.71% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 3.2124 million and down 84.74%, imports from China to LITHUANIA were 184.4783 million and up 43.85%. The total binational trade deficit was 181.2659 million and up 69.10%.

During the urrent year until 202201, commodities with hs2 code, 85, 84, 87, 94, 29, were binational trade's top five traded commodities. They correspond to import and export values of 44.6337 million, 32.4771 million, 10.5170 million, 9.3876 million, 8.7994 million and makes up 23.78%, 17.30%, 5.60%, 5.00%, 4.69% of the total binational imports and exports. These values were also up 56.59%, up 77.21%, up 17.67%, up 15.09%, up 134.18% comparing to the same period last year.

During the current year until 202201, 74, 27, 85, 88, 22 were the top five traded commodities exported to China from LITHUANIA, with export values of 2.6076 million, 0.1310 million, 0.1082 million, 0.0753 million, 0.0586 million. These values account for 81.17%, 4.08%, 3.37%, 2.34%, 1.82% of LITHUANIA's total exports and were up 11.29%, down 84.67%, down 90.39%, up 652.49%, down 23.40% comparing to the same period of last year.

During the current year until 202201, 85, 84, 87, 94, 29 were LITHUANIA's top five traded commodities importing from China , with import values of 44.5255 million, 32.4349 million, 10.5162 million, 9.3876 million, 8.7994 million. These values account for 24.14%, 17.58%, 5.70%, 5.09%, 4.77% of LITHUANIA's total imports and were up 62.63%, up 88.64%, up 18.49%, up 84.23%, up 173.46% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat