1.  Overview the trade of LITHUANIA in goods current year until 202206

According to Dalian Infobank, in 202206, LITHUANIA's exports and imports of goods amounted to 7838.2819 million, and were up 9.32% comparing with the same period of last year. Among these, exports were up 2.79% at 3508.1842 million, and imports were up 15.25% at 4330.0977 million. And the corresponding trade deficit was 821.9136 million and up 138.80%.

During the current year until 202206, LITHUANIA's total exports and imports of goods were 47893.3623 million and were up 21.34% comparing to the same period of last year. Among these, exports were 21897.9686 million and up 15.49%; imports were 25995.3937 million and up 26.75%. The total trade deficit was 4097.4251 million and up 164.71%.

If considering by country (region), POLAND, GERMANY, LATVIA, RUSSIA, UNITED STATES were LITHUANIA's top five trading partners. During the current year until 202206, LITHUANIA's imports and exports to five countries/territories were 5048.4247 million, 4832.7826 million, 4633.3453 million, 3980.7557 million, 2886.0337 million. These values correspond to 10.54%, 10.09%, 9.67%, 8.31%, 6.03% of LITHUANIA's imports and exports, and, respectively, were up 26.59%, up 11.99%, up 40.63%, down 2.62%, up 46.75% comparing to the same period of last year.

Current year until 202206, 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 202206, LITHUANIA's exports to these five countries/territories were 2720.8563 million, 2008.5576 million, 1838.3356 million, 1467.7284 million, 1278.5095 million. These values correspond to 12.43%, 9.17%, 8.40%, 6.70%, 5.84% of LITHUANIA's exports and, respectively, were up 61.49%, up 46.38%, up 17.24%, down 28.20%, up 41.83% comparing with the same period of last year.

Current year until 202206, LITHUANIA's exports to top five countries/territories POLAND, GERMANY, 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 202206, LITHUANIA's imports from these five countries/territories were 3039.8670 million, 2994.4470 million, 2513.0273 million, 1912.4890 million, 1669.8301 million. These values correspond to 11.69%, 11.52%, 9.67%, 7.36%, 6.42% of LITHUANIA's total imports and, respectively, were up 16.21%, up 8.99%, up 22.97%, up 18.80%, up 159.13% comparing with the same period of last year.

During the current year until 202206, the trade surplus of LITHUANIA was mainly from LATVIA, ESTONIA, DENMARK, NIGERIA, SINGAPORE at 808.3673 million, 409.3769 million, 223.9874 million, 196.8538 million, 176.3495 million, and up 977.84%, up 114.28%, up 79.15%, up 31.35%, up 147.22%. And the trade deficits were mainly from GERMANY, RUSSIA, CHINA, POLAND, UNITED STATES at 1156.1115 million, 1045.2989 million, 1035.6787 million, 1031.3094 million, 453.6265 million, and down 1.97%, down 148874.13%, up 49.22%, down 17.07%, down 166.93%.

Current year until 202206, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202206,  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 9907.4235 million, 3213.1760 million, 3088.2572 million, 3052.3394 million, 2676.6980 million, which were up 131.20%, down 7.20%, down 1.79%, up 2.99%, up 13.62% comparing with the same period of last year and account for 20.69%, 6.71%, 6.45%, 6.37%, 5.59% of LITHUANIA's total imports and exports.

During the current year until 202206, 27, 94, 39, 85, 84 were LITHUANIA's top five traded commodities, with total import and export values of 3377.8300 million, 1823.2541 million, 1424.3404 million, 1223.3668 million, 1207.5927 million. These values correspond to 15.43%, 8.33%, 6.50%, 5.59%, 5.51% of LITHUANIA's total exports and, respectively, were up 116.57%, up 13.71%, up 20.10%, down 5.06%, down 10.79% comparing to the same period of last year.

During the current year until 202206, 27, 87, 84, 85, 39 were LITHUANIA's top five traded commodities, with total import values of 6529.5935 million, 2035.6812 million, 2005.5832 million, 1828.9726 million, 1252.3575 million. These values correspond to 25.12%, 7.83%, 7.72%, 7.04%, 4.82% of LITHUANIA's total exports and, respectively, were up 139.58%, down 0.58%, down 4.90%, up 9.18%, up 7.05% comparing to the same period of last year.

2. Current year until 202206, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202206, LITHUANIA-China binational exports and imports of goods amounted to 1103.4393 million and were up 13.79% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 33.8803 million and down 75.42%, imports from China to LITHUANIA were 1069.5590 million and up 28.57%. The total binational trade deficit was 1035.6787 million and up 49.22%.

During the urrent year until 202206, 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 290.2156 million, 178.0873 million, 67.8037 million, 55.4479 million, 47.1397 million and makes up 26.30%, 16.14%, 6.14%, 5.03%, 4.27% of the total binational imports and exports. These values were also up 33.10%, up 52.38%, up 15.14%, down 8.93%, up 35.18% comparing to the same period last year.

During the current year until 202206, 74, 94, 85, 90, 84 were the top five traded commodities exported to China from LITHUANIA, with export values of 18.1193 million, 4.9044 million, 4.7376 million, 2.8766 million, 0.5027 million. These values account for 53.48%, 14.48%, 13.98%, 8.49%, 1.48% of LITHUANIA's total exports and were up 33.59%, down 79.25%, down 54.59%, down 79.75%, down 91.39% comparing to the same period of last year.

During the current year until 202206, 85, 84, 87, 94, 39 were LITHUANIA's top five traded commodities importing from China , with import values of 285.4780 million, 177.5846 million, 67.6692 million, 50.5435 million, 46.7977 million. These values account for 26.69%, 16.60%, 6.33%, 4.73%, 4.38% of LITHUANIA's total imports and were up 37.51%, up 59.93%, up 16.21%, up 35.68%, up 42.02% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat