1.  Overview the trade of LITHUANIA in goods current year until 202204

According to Dalian Infobank, in 202204, LITHUANIA's exports and imports of goods amounted to 8383.4601 million, and were up 24.10% comparing with the same period of last year. Among these, exports were up 16.82% at 3750.7639 million, and imports were up 30.71% at 4632.6963 million. And the corresponding trade deficit was 881.9324 million and up 164.40%.

During the current year until 202204, LITHUANIA's total exports and imports of goods were 32108.2434 million and were up 27.47% comparing to the same period of last year. Among these, exports were 14705.5278 million and up 20.32%; imports were 17402.7155 million and up 34.20%. The total trade deficit was 2697.1877 million and up 261.23%.

If considering by country (region), POLAND, GERMANY, RUSSIA, LATVIA, UNITED STATES were LITHUANIA's top five trading partners. During the current year until 202204, LITHUANIA's imports and exports to five countries/territories were 3320.6624 million, 3245.6126 million, 3220.8377 million, 3000.2953 million, 1815.4327 million. These values correspond to 10.34%, 10.11%, 10.03%, 9.34%, 5.65% of LITHUANIA's imports and exports, and, respectively, were up 30.07%, up 15.62%, up 29.46%, up 40.15%, up 49.18% comparing to the same period of last year.

Current year until 202204, 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 202204, LITHUANIA's exports to these five countries/territories were 1760.8352 million, 1414.6739 million, 1259.0058 million, 1032.2557 million, 919.5238 million. These values correspond to 11.97%, 9.62%, 8.56%, 7.02%, 6.25% of LITHUANIA's exports and, respectively, were up 61.71%, up 62.99%, up 21.85%, down 20.53%, up 7.36% comparing with the same period of last year.

Current year until 202204, LITHUANIA's exports to top five countries/territories RUSSIA, GERMANY, POLAND, LATVIA, UNITED STATES are the top five countries/territories that LITHUANIA imports from in terms of the total export amount. During the current year until 202204, LITHUANIA's imports from these five countries/territories were 2188.5821 million, 1986.6068 million, 1905.9886 million, 1239.4600 million, 895.9090 million. These values correspond to 12.58%, 11.42%, 10.95%, 7.12%, 5.15% of LITHUANIA's total imports and, respectively, were up 84.05%, up 11.99%, up 13.11%, up 17.82%, up 148.59% comparing with the same period of last year.

During the current year until 202204, the trade surplus of LITHUANIA was mainly from LATVIA, ESTONIA, SINGAPORE, DENMARK, NIGERIA at 521.3752 million, 296.2066 million, 155.4808 million, 151.7640 million, 112.4580 million, and up 1312.62%, up 118.07%, up 203.26%, up 98.03%, up 40.31%. And the trade deficits were mainly from RUSSIA, GERMANY, CHINA, POLAND, KAZAKHSTAN at 1156.3264 million, 727.6009 million, 664.8737 million, 491.3147 million, 309.1468 million, and down 1153.41%, down 1.76%, up 47.85%, down 39.87%, up 169.76%.

Current year until 202204, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202204,  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 7133.0540 million, 2117.5696 million, 2014.2829 million, 1968.1730 million, 1729.6180 million, which were up 189.25%, down 3.92%, up 4.99%, down 0.93%, up 16.34% comparing with the same period of last year and account for 22.22%, 6.60%, 6.27%, 6.13%, 5.39% of LITHUANIA's total imports and exports.

During the current year until 202204, 27, 94, 39, 85, 84 were LITHUANIA's top five traded commodities, with total import and export values of 2533.7923 million, 1205.8536 million, 907.5546 million, 820.2664 million, 813.2860 million. These values correspond to 17.23%, 8.20%, 6.17%, 5.58%, 5.53% of LITHUANIA's total exports and, respectively, were up 184.38%, up 14.42%, up 21.25%, down 2.93%, down 6.11% comparing to the same period of last year.

During the current year until 202204, 27, 87, 84, 85, 39 were LITHUANIA's top five traded commodities, with total import values of 4599.2617 million, 1306.9058 million, 1304.2836 million, 1194.0166 million, 822.0633 million. These values correspond to 26.43%, 7.51%, 7.49%, 6.86%, 4.72% of LITHUANIA's total exports and, respectively, were up 192.01%, up 1.37%, down 2.50%, up 11.23%, up 11.36% comparing to the same period of last year.

2. Current year until 202204, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202204, LITHUANIA-China binational exports and imports of goods amounted to 696.2740 million and were up 10.50% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 15.7002 million and down 82.60%, imports from China to LITHUANIA were 680.5739 million and up 26.05%. The total binational trade deficit was 664.8737 million and up 47.85%.

During the urrent year until 202204, 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 165.7410 million, 111.5664 million, 46.2745 million, 34.2246 million, 29.1447 million and makes up 23.80%, 16.02%, 6.65%, 4.92%, 4.19% of the total binational imports and exports. These values were also up 26.50%, up 45.30%, up 30.77%, down 13.82%, down 29.44% comparing to the same period last year.

During the current year until 202204, 74, 85, 90, 27, 84 were the top five traded commodities exported to China from LITHUANIA, with export values of 11.4545 million, 1.7569 million, 0.7278 million, 0.3240 million, 0.2866 million. These values account for 72.96%, 11.19%, 4.64%, 2.06%, 1.83% of LITHUANIA's total exports and were up 26.21%, down 67.06%, down 91.16%, down 91.18%, down 93.01% comparing to the same period of last year.

During the current year until 202204, 85, 84, 87, 94, 90 were LITHUANIA's top five traded commodities importing from China , with import values of 163.9842 million, 111.2798 million, 46.2729 million, 34.0951 million, 28.4169 million. These values account for 24.09%, 16.35%, 6.80%, 5.01%, 4.18% of LITHUANIA's total imports and were up 30.47%, up 53.11%, up 32.69%, up 44.03%, down 14.08% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat