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Monitor Report of LITHUANIA trade and LITHUANIA-China binational trade in 202210

 1.  Overview the trade of LITHUANIA in goods current year until 202210

According to Dalian Infobank, in 202210LITHUANIA's exports and imports of goods amounted to 9115.3561 million, and were up 15.91% comparing with the same period of last year. Among these, exports were up 10.59% at 4140.0041 million, and imports were up 20.74% at 4975.3520 million. And the corresponding trade deficit was 835.3478 million and up 121.42%.

During the current year until 202210, LITHUANIA's total exports and imports of goods were 84561.0172 million and were up 22.19% comparing to the same period of last year. Among these, exports were 38679.4559 million and up 16.71%; imports were 45881.5613 million and up 27.22%. The total trade deficit was 7202.1054 million and up 146.45%.

If considering by country (region), POLAND, LATVIA, GERMANY, UNITED STATES, RUSSIA were LITHUANIA's top five trading partners. During the current year until 202210, LITHUANIA's imports and exports to five countries/territories were 8706.6735 million, 8382.9464 million, 8226.4169 million, 5732.3059 million, 5650.7393 million. These values correspond to 10.30%, 9.91%, 9.73%, 6.78%, 6.68% of LITHUANIA's imports and exports, and, respectively, were up 24.68%, up 41.62%, up 10.32%, up 83.66%, down 25.12% comparing to the same period of last year.

Current year until 202210, 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 202210, LITHUANIA's exports to these five countries/territories were 5047.0559 million, 3501.7934 million, 3071.8793 million, 2632.0252 million, 2216.0035 million. These values correspond to 13.05%, 9.05%, 7.94%, 6.80%, 5.73% of LITHUANIA's exports and, respectively, were up 62.11%, up 37.85%, up 10.43%, down 25.80%, up 37.21% comparing with the same period of last year.

Current year until 202210, 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 202210, LITHUANIA's imports from these five countries/territories were 5204.8801 million, 5154.5376 million, 3662.3729 million, 3335.8905 million, 3018.7142 million. These values correspond to 11.34%, 11.23%, 7.98%, 7.27%, 6.58% of LITHUANIA's total imports and, respectively, were up 17.16%, up 10.26%, up 262.48%, up 18.89%, down 24.51% comparing with the same period of last year.

During the current year until 202210, the trade surplus of LITHUANIA was mainly from LATVIA, ESTONIA, UKRAINE, DENMARK, NIGERIA at 1711.1654 million, 780.7272 million, 474.4361 million, 338.0281 million, 304.8107 million, and up 456.54%, up 108.49%, down 42.43%, up 38.35%, up 47.97%. And the trade deficits were mainly from GERMANY, CHINA, POLAND, SAUDI ARABIA, UNITED STATES at 2082.6583 million, 1730.3865 million, 1703.0866 million, 1624.7180 million, 1592.4400 million, and up 10.01%, up 36.59%, down 10.47%, down 2114.35%, down 244.72%.

Current year until 202210, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202210,  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 20443.7111 million, 5827.4858 million, 5550.5237 million, 5263.9034 million, 4360.4325 million, which were up 133.78%, up 13.47%, down 6.64%, up 4.09%, up 8.17% comparing with the same period of last year and account for 24.18%, 6.89%, 6.56%, 6.22%, 5.16% of LITHUANIA's total imports and exports.

During the current year until 202210, 27, 94, 39, 87, 84 were LITHUANIA's top five traded commodities, with total import and export values of 7111.5798 million, 2949.3260 million, 2358.5880 million, 2174.3096 million, 2130.2787 million. These values correspond to 18.39%, 7.63%, 6.10%, 5.62%, 5.51% of LITHUANIA's total exports and, respectively, were up 120.46%, up 6.82%, up 15.06%, up 18.86%, down 9.21% comparing to the same period of last year.

During the current year until 202210, 27, 87, 84, 85, 39 were LITHUANIA's top five traded commodities, with total import values of 13332.1313 million, 3653.1762 million, 3420.2450 million, 3146.4283 million, 2001.8445 million. These values correspond to 29.06%, 7.96%, 7.45%, 6.86%, 4.36% of LITHUANIA's total exports and, respectively, were up 141.56%, up 10.48%, down 4.97%, up 8.60%, up 1.05% comparing to the same period of last year.


2. Current year until 202210, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202210, LITHUANIA-China binational exports and imports of goods amounted to 1879.1947 million and were up 7.35% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 74.4041 million and down 69.23%, imports from China to LITHUANIA were 1804.7906 million and up 19.63%. The total binational trade deficit was 1730.3865 million and up 36.59%.

During the urrent year until 202210, 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 500.6375 million, 278.3163 million, 107.6635 million, 96.0929 million, 84.1535 million and makes up 26.64%, 14.81%, 5.73%, 5.11%, 4.48% of the total binational imports and exports. These values were also up 23.70%, up 32.25%, down 1.38%, down 11.24%, up 30.72% comparing to the same period last year.

During the current year until 202210, 74, 94, 85, 90, 84 were the top five traded commodities exported to China from LITHUANIA, with export values of 32.6369 million, 11.1766 million, 9.7593 million, 6.8988 million, 3.0078 million. These values account for 43.86%, 15.02%, 13.12%, 9.27%, 4.04% of LITHUANIA's total exports and were up 9.91%, down 72.22%, down 47.75%, down 74.25%, down 68.31% comparing to the same period of last year.

During the current year until 202210, 85, 84, 87, 94, 39 were LITHUANIA's top five traded commodities importing from China , with import values of 490.8781 million, 275.3086 million, 106.9300 million, 84.9162 million, 83.5045 million. These values account for 27.20%, 15.25%, 5.92%, 4.71%, 4.63% of LITHUANIA's total imports and were up 27.15%, up 37.00%, down 1.26%, up 24.84%, up 36.06% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat