1.  Overview the trade of LITHUANIA in goods current year until 202205

According to Dalian Infobank, in 202205, LITHUANIA's exports and imports of goods amounted to 7872.4471 million, and were up 10.96% comparing with the same period of last year. Among these, exports were up 9.78% at 3659.5662 million, and imports were up 12.01% at 4212.8809 million. And the corresponding trade deficit was 553.3147 million and up 29.41%.

During the current year until 202205, LITHUANIA's total exports and imports of goods were 40009.8669 million and were up 23.93% comparing to the same period of last year. Among these, exports were 18369.7078 million and up 18.09%; imports were 21640.1591 million and up 29.35%. The total trade deficit was 3270.4513 million and up 178.52%.

If considering by country (region), POLAND, GERMANY, LATVIA, RUSSIA, UNITED STATES were LITHUANIA's top five trading partners. During the current year until 202205, LITHUANIA's imports and exports to five countries/territories were 4175.5253 million, 4055.4763 million, 3862.7232 million, 3594.9290 million, 2348.8430 million. These values correspond to 10.44%, 10.14%, 9.65%, 8.99%, 5.87% of LITHUANIA's imports and exports, and, respectively, were up 28.94%, up 13.88%, up 41.78%, up 6.51%, up 53.71% comparing to the same period of last year.

Current year until 202205, LITHUANIA and the top five trade partners LATVIA, POLAND, GERMANY, RUSSIA, ESTONIA are the top five countries/territories that LITHUANIA exports to in terms of the total export amount. During the current year until 202205, LITHUANIA's exports to these five countries/territories were 2298.0085 million, 1714.7682 million, 1547.8503 million, 1230.9053 million, 1103.8414 million. These values correspond to 12.51%, 9.33%, 8.43%, 6.70%, 6.01% of LITHUANIA's exports and, respectively, were up 64.86%, up 56.63%, up 19.18%, down 25.79%, up 48.59% comparing with the same period of last year.

Current year until 202205, LITHUANIA's exports to top five countries/territories GERMANY, POLAND, RUSSIA, 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 202205, LITHUANIA's imports from these five countries/territories were 2507.6260 million, 2460.7571 million, 2364.0237 million, 1564.7146 million, 1276.7431 million. These values correspond to 11.59%, 11.37%, 10.92%, 7.23%, 5.90% of LITHUANIA's total imports and, respectively, were up 10.84%, up 14.80%, up 37.72%, up 17.61%, up 181.80% comparing with the same period of last year.

During the current year until 202205, the trade surplus of LITHUANIA was mainly from LATVIA, ESTONIA, UNITED KINGDOM, DENMARK, SINGAPORE at 733.2939 million, 371.6411 million, 215.7765 million, 193.0546 million, 169.3441 million, and up 1054.79%, up 113.84%, down 50.64%, up 95.98%, up 190.31%. And the trade deficits were mainly from RUSSIA, GERMANY, CHINA, POLAND, ITALY at 1133.1184 million, 959.7757 million, 859.2221 million, 745.9889 million, 342.9901 million, and up 1854.45%, down 0.39%, up 50.65%, down 28.86%, down 9.84%.

Current year until 202205, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202205,  commodities with hs2 codes, 27, 84, 87, 85, 39, were LITHUANIA's top five traded commodities. They correspond to the import and export values of 8453.3143 million, 2658.5158 million, 2524.2945 million, 2521.6287 million, 2217.3440 million, which were up 148.78%, down 5.69%, down 1.05%, up 3.37%, up 15.98% comparing with the same period of last year and account for 21.13%, 6.64%, 6.31%, 6.30%, 5.54% of LITHUANIA's total imports and exports.

During the current year until 202205, 27, 94, 39, 85, 84 were LITHUANIA's top five traded commodities, with total import and export values of 3026.9623 million, 1505.3984 million, 1171.4345 million, 1017.1737 million, 1007.1155 million. These values correspond to 16.48%, 8.20%, 6.38%, 5.54%, 5.48% of LITHUANIA's total exports and, respectively, were up 154.78%, up 14.11%, up 21.33%, down 4.71%, down 8.10% comparing to the same period of last year.

During the current year until 202205, 27, 87, 84, 85, 39 were LITHUANIA's top five traded commodities, with total import values of 5426.3520 million, 1675.1083 million, 1651.4003 million, 1504.4550 million, 1045.9095 million. These values correspond to 25.08%, 7.74%, 7.63%, 6.95%, 4.83% of LITHUANIA's total exports and, respectively, were up 145.55%, up 0.83%, down 4.16%, up 9.65%, up 10.52% comparing to the same period of last year.

2. Current year until 202205, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202205, LITHUANIA-China binational exports and imports of goods amounted to 907.3019 million and were up 13.91% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 24.0399 million and down 78.74%, imports from China to LITHUANIA were 883.2620 million and up 29.24%. The total binational trade deficit was 859.2221 million and up 50.65%.

During the urrent year until 202205, commodities with hs2 code, 85, 84, 87, 94, 39, were binational trade's top five traded commodities. They correspond to import and export values of 223.7557 million, 144.1203 million, 56.1676 million, 45.1410 million, 40.3191 million and makes up 24.66%, 15.88%, 6.19%, 4.98%, 4.44% of the total binational imports and exports. These values were also up 28.03%, up 48.31%, up 21.65%, down 9.30%, up 50.44% comparing to the same period last year.

During the current year until 202205, 74, 85, 94, 90, 84 were the top five traded commodities exported to China from LITHUANIA, with export values of 14.0628 million, 3.3496 million, 2.5417 million, 1.6777 million, 0.4425 million. These values account for 58.50%, 13.93%, 10.57%, 6.98%, 1.84% of LITHUANIA's total exports and were up 28.28%, down 59.53%, down 87.24%, down 84.39%, down 91.72% comparing to the same period of last year.

During the current year until 202205, 85, 84, 87, 94, 39 were LITHUANIA's top five traded commodities importing from China , with import values of 220.4061 million, 143.6778 million, 56.1038 million, 42.5994 million, 40.0263 million. These values account for 24.95%, 16.27%, 6.35%, 4.82%, 4.53% of LITHUANIA's total imports and were up 32.38%, up 56.46%, up 23.16%, up 42.73%, up 59.74% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat