1.  Overview the trade of LITHUANIA in goods current year until 202207

According to Dalian Infobank, in 202207, LITHUANIA's exports and imports of goods amounted to 8419.2630 million, and were up 19.96% comparing with the same period of last year. Among these, exports were up 18.89% at 3859.6198 million, and imports were up 20.88% at 4559.6432 million. And the corresponding trade deficit was 700.0234 million and up 33.16%.

During the current year until 202207, LITHUANIA's total exports and imports of goods were 56361.5002 million and were up 21.24% comparing to the same period of last year. Among these, exports were 25769.6314 million and up 16.04%; imports were 30591.8688 million and up 25.99%. The total trade deficit was 4822.2373 million and up 132.55%.

If considering by country (region), POLAND, GERMANY, LATVIA, RUSSIA, UNITED STATES were LITHUANIA's top five trading partners. During the current year until 202207, LITHUANIA's imports and exports to five countries/territories were 5949.7857 million, 5593.2567 million, 5500.3461 million, 4425.4091 million, 3570.3035 million. These values correspond to 10.56%, 9.92%, 9.76%, 7.85%, 6.33% of LITHUANIA's imports and exports, and, respectively, were up 26.32%, up 10.40%, up 40.93%, down 10.55%, up 61.72% comparing to the same period of last year.

Current year until 202207, 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 202207, LITHUANIA's exports to these five countries/territories were 3271.1862 million, 2373.9240 million, 2108.4722 million, 1759.4330 million, 1501.8889 million. These values correspond to 12.69%, 9.21%, 8.18%, 6.83%, 5.83% of LITHUANIA's exports and, respectively, were up 61.91%, up 43.72%, up 13.68%, down 27.31%, up 41.08% comparing with the same period of last year.

Current year until 202207, 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 202207, LITHUANIA's imports from these five countries/territories were 3575.8617 million, 3484.7845 million, 2665.9760 million, 2229.1600 million, 2101.7419 million. These values correspond to 11.69%, 11.39%, 8.71%, 7.29%, 6.87% of LITHUANIA's total imports and, respectively, were up 16.92%, up 8.51%, up 5.51%, up 18.41%, up 192.26% comparing with the same period of last year.

During the current year until 202207, the trade surplus of LITHUANIA was mainly from LATVIA, ESTONIA, DENMARK, UKRAINE, NIGERIA at 1042.0262 million, 507.0137 million, 251.2818 million, 222.9069 million, 198.1672 million, and up 655.62%, up 128.91%, up 88.03%, down 59.81%, up 24.41%. And the trade deficits were mainly from GERMANY, POLAND, CHINA, RUSSIA, SAUDI ARABIA at 1376.3123 million, 1201.9378 million, 1196.2224 million, 906.5430 million, 673.5580 million, and up 1.45%, down 14.55%, up 43.64%, up 752.64%, down 1154.67%.

Current year until 202207, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202207,  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 12415.3676 million, 3744.4145 million, 3661.3825 million, 3524.4328 million, 3138.5899 million, which were up 137.22%, down 9.19%, up 0.08%, up 2.63%, up 13.38% comparing with the same period of last year and account for 22.03%, 6.64%, 6.50%, 6.25%, 5.57% of LITHUANIA's total imports and exports.

During the current year until 202207, 27, 94, 39, 84, 85 were LITHUANIA's top five traded commodities, with total import and export values of 4368.8123 million, 2077.9442 million, 1674.6166 million, 1414.5141 million, 1405.7678 million. These values correspond to 16.95%, 8.06%, 6.50%, 5.49%, 5.46% of LITHUANIA's total exports and, respectively, were up 130.23%, up 11.14%, up 19.38%, down 12.12%, down 5.15% comparing to the same period of last year.

During the current year until 202207, 27, 87, 84, 85, 39 were LITHUANIA's top five traded commodities, with total import values of 8046.5552 million, 2401.2198 million, 2329.9004 million, 2118.6650 million, 1463.9733 million. These values correspond to 26.30%, 7.85%, 7.62%, 6.93%, 4.79% of LITHUANIA's total exports and, respectively, were up 141.20%, up 1.25%, down 7.31%, up 8.53%, up 7.22% comparing to the same period of last year.

2. Current year until 202207, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202207, LITHUANIA-China binational exports and imports of goods amounted to 1281.6048 million and were up 10.89% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 42.6912 million and down 73.56%, imports from China to LITHUANIA were 1238.9136 million and up 24.61%. The total binational trade deficit was 1196.2224 million and up 43.64%.

During the urrent year until 202207, 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 337.1024 million, 202.7808 million, 76.8397 million, 67.0413 million, 65.0993 million and makes up 26.30%, 15.82%, 6.00%, 5.23%, 5.08% of the total binational imports and exports. These values were also up 28.35%, up 45.00%, up 7.43%, down 4.62%, up 57.44% comparing to the same period last year.

During the current year until 202207, 74, 94, 85, 90, 84 were the top five traded commodities exported to China from LITHUANIA, with export values of 21.8470 million, 7.1407 million, 6.0111 million, 3.3673 million, 0.7958 million. These values account for 51.17%, 16.73%, 14.08%, 7.89%, 1.86% of LITHUANIA's total exports and were up 19.58%, down 73.38%, down 49.65%, down 79.09%, down 87.77% comparing to the same period of last year.

During the current year until 202207, 85, 84, 87, 39, 94 were LITHUANIA's top five traded commodities importing from China , with import values of 331.0913 million, 201.9851 million, 76.4037 million, 64.6940 million, 59.9005 million. These values account for 26.72%, 16.30%, 6.17%, 5.22%, 4.83% of LITHUANIA's total imports and were up 32.07%, up 51.49%, up 7.82%, up 65.29%, up 37.82% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat