1.  Overview the trade of LITHUANIA in goods current year until 202202

According to Dalian Infobank, in 202202, LITHUANIA's exports and imports of goods amounted to 7255.4089 million, and were up 21.84% comparing with the same period of last year. Among these, exports were up 13.24% at 3347.2039 million, and imports were up 30.31% at 3908.2050 million. And the corresponding trade deficit was 561.0011 million and up 1197.33%.

During the current year until 202202, LITHUANIA's total exports and imports of goods were 14660.8035 million and were up 28.29% comparing to the same period of last year. Among these, exports were 6875.3895 million and up 19.99%; imports were 7785.4140 million and up 36.64%. The total trade deficit was 910.0246 million and down 2906.32%.

If considering by country (region), RUSSIA, GERMANY, POLAND, LATVIA, NETHERLANDS were LITHUANIA's top five trading partners. During the current year until 202202, LITHUANIA's imports and exports to five countries/territories were 1932.2622 million, 1493.9875 million, 1440.9086 million, 1205.4628 million, 733.7145 million. These values correspond to 13.18%, 10.19%, 9.83%, 8.22%, 5.00% of LITHUANIA's imports and exports, and, respectively, were up 81.92%, up 20.54%, up 29.11%, up 25.97%, up 8.57% comparing to the same period of last year.

Current year until 202202, LITHUANIA and the top five trade partners LATVIA, RUSSIA, POLAND, GERMANY, UNITED STATES are the top five countries/territories that LITHUANIA exports to in terms of the total export amount. During the current year until 202202, LITHUANIA's exports to these five countries/territories were 636.5544 million, 634.8302 million, 619.0899 million, 603.6502 million, 472.4037 million. These values correspond to 9.26%, 9.23%, 9.00%, 8.78%, 6.87% of LITHUANIA's exports and, respectively, were up 31.66%, up 13.21%, up 58.33%, up 25.48%, up 2.25% comparing with the same period of last year.

Current year until 202202, 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 202202, LITHUANIA's imports from these five countries/territories were 1297.4320 million, 890.3373 million, 821.8186 million, 568.9083 million, 377.0691 million. These values correspond to 16.66%, 11.44%, 10.56%, 7.31%, 4.84% of LITHUANIA's total imports and, respectively, were up 158.77%, up 17.40%, up 13.35%, up 20.15%, up 3.16% comparing with the same period of last year.

During the current year until 202202, the trade surplus of LITHUANIA was mainly from UNITED STATES, UNITED KINGDOM, NORWAY, DENMARK, SINGAPORE at 297.8707 million, 209.6787 million, 131.2203 million, 88.4679 million, 85.9084 million, and up 16.64%, up 7.63%, up 0.75%, up 108.13%, up 123.87%. And the trade deficits were mainly from RUSSIA, CHINA, GERMANY, KAZAKHSTAN, POLAND at 662.6018 million, 342.0880 million, 286.6871 million, 222.1844 million, 202.7287 million, and down 1216.15%, up 65.56%, up 3.39%, up 382.08%, down 39.31%.

Current year until 202202, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202202,  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 2798.7058 million, 1083.4939 million, 1008.7838 million, 883.4683 million, 816.3642 million, which were up 142.47%, up 14.14%, up 13.15%, up 12.32%, up 26.20% comparing with the same period of last year and account for 19.09%, 7.39%, 6.88%, 6.03%, 5.57% of LITHUANIA's total imports and exports.

During the current year until 202202, 27, 94, 39, 84, 85 were LITHUANIA's top five traded commodities, with total import and export values of 934.6161 million, 577.0322 million, 435.8261 million, 427.1525 million, 416.3451 million. These values correspond to 13.59%, 8.39%, 6.34%, 6.21%, 6.06% of LITHUANIA's total exports and, respectively, were up 140.77%, up 18.98%, up 36.66%, up 10.88%, up 5.38% comparing to the same period of last year.

During the current year until 202202, 27, 84, 85, 87, 39 were LITHUANIA's top five traded commodities, with total import values of 1864.0897 million, 656.3414 million, 592.4388 million, 552.3502 million, 380.5381 million. These values correspond to 23.94%, 8.43%, 7.61%, 7.09%, 4.89% of LITHUANIA's total exports and, respectively, were up 143.34%, up 16.37%, up 19.33%, up 12.86%, up 16.03% comparing to the same period of last year.

2. Current year until 202202, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202202, LITHUANIA-China binational exports and imports of goods amounted to 352.4091 million and were up 20.18% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 5.1605 million and down 88.08%, imports from China to LITHUANIA were 347.2486 million and up 38.94%. The total binational trade deficit was 342.0880 million and up 65.56%.

During the urrent year until 202202, commodities with hs2 code, 85, 84, 87, 38, 94, were binational trade's top five traded commodities. They correspond to import and export values of 75.9652 million, 65.0824 million, 19.4080 million, 17.9559 million, 17.7531 million and makes up 21.56%, 18.47%, 5.51%, 5.10%, 5.04% of the total binational imports and exports. These values were also up 32.85%, up 78.69%, up 17.72%, up 81.06%, down 0.90% comparing to the same period last year.

During the current year until 202202, 74, 90, 84, 85, 27 were the top five traded commodities exported to China from LITHUANIA, with export values of 4.0925 million, 0.2001 million, 0.1788 million, 0.1465 million, 0.1310 million. These values account for 79.30%, 3.88%, 3.46%, 2.84%, 2.54% of LITHUANIA's total exports and were up 17.37%, down 94.00%, down 92.33%, down 92.87%, down 91.62% comparing to the same period of last year.

During the current year until 202202, 85, 84, 87, 38, 94 were LITHUANIA's top five traded commodities importing from China , with import values of 75.8187 million, 64.9036 million, 19.4066 million, 17.9559 million, 17.7531 million. These values account for 21.83%, 18.69%, 5.59%, 5.17%, 5.11% of LITHUANIA's total imports and were up 37.54%, up 90.37%, up 20.50%, up 424.72%, up 79.66% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat