1.  Overview the trade of LITHUANIA in goods current year until 202203

According to Dalian Infobank, in 202203, LITHUANIA's exports and imports of goods amounted to 8958.2366 million, and were up 27.85% comparing with the same period of last year. Among these, exports were up 23.80% at 4061.3926 million, and imports were up 31.42% at 4896.8440 million. And the corresponding trade deficit was 835.4514 million and up 87.52%.

During the current year until 202203, LITHUANIA's total exports and imports of goods were 23689.2109 million and were up 28.50% comparing to the same period of last year. Among these, exports were 10941.1344 million and up 21.42%; imports were 12748.0765 million and up 35.28%. The total trade deficit was 1806.9421 million and up 337.41%.

If considering by country (region), RUSSIA, POLAND, GERMANY, LATVIA, UNITED STATES were LITHUANIA's top five trading partners. During the current year until 202203, LITHUANIA's imports and exports to five countries/territories were 2661.8656 million, 2472.7657 million, 2416.0215 million, 2101.8827 million, 1187.1783 million. These values correspond to 11.24%, 10.44%, 10.20%, 8.87%, 5.01% of LITHUANIA's imports and exports, and, respectively, were up 49.94%, up 32.67%, up 19.22%, up 34.80%, up 26.02% comparing to the same period of last year.

Current year until 202203, LITHUANIA and the top five trade partners LATVIA, POLAND, GERMANY, RUSSIA, UNITED STATES are the top five countries/territories that LITHUANIA exports to in terms of the total export amount. During the current year until 202203, LITHUANIA's exports to these five countries/territories were 1178.7166 million, 1086.6860 million, 951.6022 million, 867.6554 million, 723.2014 million. These values correspond to 10.77%, 9.93%, 8.70%, 7.93%, 6.61% of LITHUANIA's exports and, respectively, were up 46.43%, up 68.75%, up 23.75%, down 6.49%, up 11.77% comparing with the same period of last year.

Current year until 202203, 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 202203, LITHUANIA's imports from these five countries/territories were 1794.2102 million, 1464.4193 million, 1386.0797 million, 923.1661 million, 603.8241 million. These values correspond to 14.07%, 11.49%, 10.87%, 7.24%, 4.74% of LITHUANIA's total imports and, respectively, were up 111.74%, up 16.45%, up 13.62%, up 22.39%, up 4.98% comparing with the same period of last year.

During the current year until 202203, the trade surplus of LITHUANIA was mainly from UNITED STATES, LATVIA, UNITED KINGDOM, ESTONIA, DENMARK at 259.2244 million, 255.5505 million, 172.0126 million, 143.1680 million, 115.8767 million, and down 26.36%, up 404.29%, down 37.45%, up 37.76%, up 187.14%. And the trade deficits were mainly from RUSSIA, CHINA, GERMANY, POLAND, KAZAKHSTAN at 926.5548 million, 518.0313 million, 512.8171 million, 299.3937 million, 252.9792 million, and down 1250.29%, up 52.48%, up 4.96%, down 48.01%, up 68.86%.

Current year until 202203, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202203,  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 4896.1414 million, 1614.0927 million, 1537.3674 million, 1430.6979 million, 1279.0258 million, which were up 153.69%, up 2.32%, up 9.22%, up 2.63%, up 20.39% comparing with the same period of last year and account for 20.67%, 6.81%, 6.49%, 6.04%, 5.40% of LITHUANIA's total imports and exports.

During the current year until 202203, 27, 94, 39, 85, 84 were LITHUANIA's top five traded commodities, with total import and export values of 1679.9186 million, 907.5270 million, 666.2873 million, 629.0419 million, 616.3092 million. These values correspond to 15.35%, 8.29%, 6.09%, 5.75%, 5.63% of LITHUANIA's total exports and, respectively, were up 152.18%, up 17.82%, up 26.89%, up 1.13%, down 2.36% comparing to the same period of last year.

During the current year until 202203, 27, 84, 87, 85, 39 were LITHUANIA's top five traded commodities, with total import values of 3216.2228 million, 997.7836 million, 932.4559 million, 908.3254 million, 612.7385 million. These values correspond to 25.23%, 7.83%, 7.31%, 7.13%, 4.81% of LITHUANIA's total exports and, respectively, were up 154.49%, up 5.44%, up 3.64%, up 15.61%, up 14.04% comparing to the same period of last year.

2. Current year until 202203, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202203, LITHUANIA-China binational exports and imports of goods amounted to 538.9307 million and were up 13.98% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 10.4497 million and down 84.30%, imports from China to LITHUANIA were 528.4810 million and up 30.08%. The total binational trade deficit was 518.0313 million and up 52.48%.

During the urrent year until 202203, 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 120.4408 million, 91.8081 million, 32.0344 million, 26.2731 million, 22.9036 million and makes up 22.35%, 17.04%, 5.94%, 4.88%, 4.25% of the total binational imports and exports. These values were also up 24.40%, up 61.74%, up 20.44%, down 10.61%, up 74.72% comparing to the same period last year.

During the current year until 202203, 74, 85, 90, 84, 49 were the top five traded commodities exported to China from LITHUANIA, with export values of 8.0953 million, 0.6703 million, 0.3190 million, 0.2675 million, 0.1886 million. These values account for 77.47%, 6.41%, 3.05%, 2.56%, 1.81% of LITHUANIA's total exports and were up 23.01%, down 81.79%, down 94.03%, down 90.91%, up 31.91% comparing to the same period of last year.

During the current year until 202203, 85, 84, 87, 94, 29 were LITHUANIA's top five traded commodities importing from China , with import values of 119.7705 million, 91.5406 million, 32.0328 million, 26.1473 million, 22.9036 million. These values account for 22.66%, 17.32%, 6.06%, 4.95%, 4.33% of LITHUANIA's total imports and were up 28.59%, up 70.09%, up 22.43%, up 54.10%, up 92.11% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat