1.  Overview the trade of LITHUANIA in goods current year until 202211

According to Dalian Infobank, in 202211, LITHUANIA's exports and imports of goods amounted to 8555.5533 million, and were up 4.81% comparing with the same period of last year. Among these, exports were up 3.52% at 4037.5396 million, and imports were up 6.00% at 4518.0137 million. And the corresponding trade deficit was 480.4740 million and up 32.71%.

During the current year until 202211, LITHUANIA's total exports and imports of goods were 93137.7314 million and were up 20.38% comparing to the same period of last year. Among these, exports were 42689.9088 million and up 15.25%; imports were 50447.8226 million and up 25.10%. The total trade deficit was 7757.9137 million and up 136.21%.

If considering by country (region), POLAND, LATVIA, GERMANY, UNITED STATES, RUSSIA were LITHUANIA's top five trading partners. During the current year until 202211, LITHUANIA's imports and exports to five countries/territories were 9640.6372 million, 9175.3554 million, 9150.3193 million, 6169.9012 million, 5923.4193 million. These values correspond to 10.35%, 9.85%, 9.82%, 6.62%, 6.36% of LITHUANIA's imports and exports, and, respectively, were up 23.95%, up 39.91%, up 10.52%, up 80.86%, down 31.15% comparing to the same period of last year.

Current year until 202211, 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 202211, LITHUANIA's exports to these five countries/territories were 5484.2041 million, 3826.9873 million, 3388.3377 million, 2858.7255 million, 2428.7512 million. These values correspond to 12.85%, 8.96%, 7.94%, 6.70%, 5.69% of LITHUANIA's exports and, respectively, were up 59.30%, up 33.75%, up 9.66%, down 28.15%, up 33.60% comparing with the same period of last year.

Current year until 202211, 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 202211, LITHUANIA's imports from these five countries/territories were 5813.6500 million, 5761.9816 million, 3870.3304 million, 3691.1512 million, 3064.6938 million. These values correspond to 11.52%, 11.42%, 7.67%, 7.32%, 6.07% of LITHUANIA's total imports and, respectively, were up 18.25%, up 11.03%, up 260.54%, up 18.48%, down 33.73% comparing with the same period of last year.

During the current year until 202211, the trade surplus of LITHUANIA was mainly from LATVIA, ESTONIA, UKRAINE, DENMARK, NIGERIA at 1793.0529 million, 851.8185 million, 559.8866 million, 355.3752 million, 344.8240 million, and up 447.89%, up 95.21%, down 39.98%, up 22.04%, up 44.09%. And the trade deficits were mainly from GERMANY, POLAND, CHINA, SAUDI ARABIA, UNITED STATES at 2373.6438 million, 1986.6627 million, 1868.4609 million, 1738.1881 million, 1570.7595 million, and up 13.03%, down 3.34%, up 31.61%, down 2130.53%, down 224.22%.

Current year until 202211, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202211,  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 22226.6137 million, 6629.3278 million, 6162.9308 million, 5861.0050 million, 4753.7930 million, which were up 119.89%, up 17.25%, down 6.75%, up 3.74%, up 6.36% comparing with the same period of last year and account for 23.86%, 7.12%, 6.62%, 6.29%, 5.10% of LITHUANIA's total imports and exports.

During the current year until 202211, 27, 94, 39, 87, 84 were LITHUANIA's top five traded commodities, with total import and export values of 7774.7071 million, 3234.5754 million, 2572.5176 million, 2498.6886 million, 2385.3337 million. These values correspond to 18.21%, 7.58%, 6.03%, 5.85%, 5.59% of LITHUANIA's total exports and, respectively, were up 108.69%, up 5.31%, up 13.05%, up 24.05%, down 8.53% comparing to the same period of last year.

During the current year until 202211, 27, 87, 84, 85, 39 were LITHUANIA's top five traded commodities, with total import values of 14451.9066 million, 4130.6392 million, 3777.5971 million, 3509.2680 million, 2181.2754 million. These values correspond to 28.65%, 8.19%, 7.49%, 6.96%, 4.32% of LITHUANIA's total exports and, respectively, were up 126.43%, up 13.49%, down 5.59%, up 8.05%, down 0.57% comparing to the same period of last year.

2. Current year until 202211, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202211, LITHUANIA-China binational exports and imports of goods amounted to 2044.4578 million and were up 4.90% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 87.9985 million and down 66.75%, imports from China to LITHUANIA were 1956.4594 million and up 16.15%. The total binational trade deficit was 1868.4609 million and up 31.61%.

During the urrent year until 202211, 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 542.6929 million, 301.6907 million, 117.1483 million, 102.7348 million, 95.2424 million and makes up 26.54%, 14.76%, 5.73%, 5.03%, 4.66% of the total binational imports and exports. These values were also up 18.21%, up 28.91%, down 1.70%, down 15.77%, up 35.66% comparing to the same period last year.

During the current year until 202211, 74, 94, 85, 90, 38 were the top five traded commodities exported to China from LITHUANIA, with export values of 36.2758 million, 12.5845 million, 11.5473 million, 7.4976 million, 5.3781 million. These values account for 41.22%, 14.30%, 13.12%, 8.52%, 6.11% of LITHUANIA's total exports and were up 7.93%, down 70.87%, down 43.81%, down 75.58%, down 79.09% comparing to the same period of last year.

During the current year until 202211, 85, 84, 87, 39, 94 were LITHUANIA's top five traded commodities importing from China , with import values of 531.1456 million, 298.0244 million, 115.9049 million, 94.5061 million, 90.1503 million. These values account for 27.15%, 15.23%, 5.92%, 4.83%, 4.61% of LITHUANIA's total imports and were up 21.11%, up 33.09%, down 2.01%, up 41.14%, up 14.45% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat