1. Overview the trade of LITHUANIA in goods current year until 202209
According to Dalian Infobank, in 202209, LITHUANIA's exports and imports of goods amounted to 9558.3872 million, and were up 25.23% comparing with the same period of last year. Among these, exports were up 18.67% at 4368.1581 million, and imports were up 31.33% at 5190.2291 million. And the corresponding trade deficit was 822.0709 million and up 203.29%.
During the current year until 202209, LITHUANIA's total exports and imports of goods were 75419.6696 million and were up 22.95% comparing to the same period of last year. Among these, exports were 34529.1079 million and up 17.45%; imports were 40890.5617 million and up 28.01%. The total trade deficit was 6361.4538 million and up 149.96%.
If considering by country (region), POLAND, LATVIA, GERMANY, RUSSIA, UNITED STATES were LITHUANIA's top five trading partners. During the current year until 202209, LITHUANIA's imports and exports to five countries/territories were 7825.9960 million, 7521.7489 million, 7363.9516 million, 5251.1771 million, 4910.9882 million. These values correspond to 10.38%, 9.97%, 9.76%, 6.96%, 6.51% of LITHUANIA's imports and exports, and, respectively, were up 26.18%, up 42.75%, up 10.41%, down 20.81%, up 78.33% comparing to the same period of last year.
Current year until 202209, 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 202209, LITHUANIA's exports to these five countries/territories were 4511.9048 million, 3154.5972 million, 2752.1376 million, 2330.4463 million, 1988.6578 million. These values correspond to 13.07%, 9.14%, 7.97%, 6.75%, 5.76% of LITHUANIA's exports and, respectively, were up 62.63%, up 41.84%, up 10.36%, down 25.42%, up 42.32% comparing with the same period of last year.
Current year until 202209, LITHUANIA's exports to top five countries/territories POLAND, GERMANY, UNITED STATES, LATVIA, RUSSIA are the top five countries/territories that LITHUANIA imports from in terms of the total export amount. During the current year until 202209, LITHUANIA's imports from these five countries/territories were 4671.3988 million, 4611.8141 million, 3064.5126 million, 3009.8441 million, 2920.7308 million. These values correspond to 11.42%, 11.28%, 7.49%, 7.36%, 7.14% of LITHUANIA's total imports and, respectively, were up 17.43%, up 10.45%, up 241.43%, up 20.64%, down 16.70% comparing with the same period of last year.
During the current year until 202209, the trade surplus of LITHUANIA was mainly from LATVIA, ESTONIA, UKRAINE, DENMARK, NIGERIA at 1502.0608 million, 688.3840 million, 397.9571 million, 310.6431 million, 270.2434 million, and up 437.47%, up 129.95%, down 46.37%, up 58.85%, up 40.87%. And the trade deficits were mainly from GERMANY, CHINA, POLAND, SAUDI ARABIA, UNITED STATES at 1859.6765 million, 1583.8830 million, 1516.8016 million, 1306.2888 million, 1218.0370 million, and up 10.59%, up 41.84%, down 13.51%, down 1855.07%, down 227.04%.
Current year until 202209, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202209, commodities with hs2 codes, 27, 87, 84, 85, 39, were LITHUANIA's top five traded commodities. They correspond to the import and export values of 17996.5719 million, 5077.1450 million, 4952.0762 million, 4680.5209 million, 3964.5568 million, which were up 139.27%, up 9.39%, down 6.71%, up 4.79%, up 10.10% comparing with the same period of last year and account for 23.86%, 6.73%, 6.57%, 6.21%, 5.26% of LITHUANIA's total imports and exports.
During the current year until 202209, 27, 94, 39, 84, 85 were LITHUANIA's top five traded commodities, with total import and export values of 6318.4659 million, 2665.9544 million, 2140.4532 million, 1878.3416 million, 1876.2178 million. These values correspond to 18.30%, 7.72%, 6.20%, 5.44%, 5.43% of LITHUANIA's total exports and, respectively, were up 128.52%, up 8.84%, up 17.21%, down 9.63%, down 1.95% comparing to the same period of last year.
During the current year until 202209, 27, 87, 84, 85, 39 were LITHUANIA's top five traded commodities, with total import values of 11678.1059 million, 3233.4993 million, 3073.7346 million, 2804.3031 million, 1824.1036 million. These values correspond to 28.56%, 7.91%, 7.52%, 6.86%, 4.46% of LITHUANIA's total exports and, respectively, were up 145.52%, up 8.21%, down 4.83%, up 9.84%, up 2.79% comparing to the same period of last year.
2. Current year until 202209, LITHUANIA binational trade profile
According to Dalian Infobank, during the current year until 202209, LITHUANIA-China binational exports and imports of goods amounted to 1710.6156 million and were up 9.82% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 63.3663 million and down 71.26%, imports from China to LITHUANIA were 1647.2493 million and up 23.19%. The total binational trade deficit was 1583.8830 million and up 41.84%.
During the urrent year until 202209, 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 456.3540 million, 256.3830 million, 97.4071 million, 87.1787 million, 77.9180 million and makes up 26.68%, 14.99%, 5.69%, 5.10%, 4.55% of the total binational imports and exports. These values were also up 27.94%, up 36.73%, down 1.63%, down 8.92%, up 36.16% comparing to the same period last year.
During the current year until 202209, 74, 94, 85, 90, 84 were the top five traded commodities exported to China from LITHUANIA, with export values of 28.8005 million, 10.2343 million, 8.0989 million, 6.4768 million, 2.8407 million. These values account for 45.45%, 16.15%, 12.78%, 10.22%, 4.48% of LITHUANIA's total exports and were up 7.39%, down 71.74%, down 51.68%, down 71.88%, down 69.12% comparing to the same period of last year.
During the current year until 202209, 85, 84, 87, 39, 94 were LITHUANIA's top five traded commodities importing from China , with import values of 448.2551 million, 253.5423 million, 96.6795 million, 77.3490 million, 76.9444 million. These values account for 27.21%, 15.39%, 5.87%, 4.70%, 4.67% of LITHUANIA's total imports and were up 31.86%, up 42.19%, down 1.60%, up 42.05%, up 29.30% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat