1.  Overview the trade of LITHUANIA in goods current year until 202212

According to Dalian Infobank, in 202212, LITHUANIA's exports and imports of goods amounted to 8628.2846 million, and were up 7.25% comparing with the same period of last year. Among these, exports were up 1.28% at 3834.1030 million, and imports were up 12.56% at 4794.1815 million. And the corresponding trade deficit was 960.0785 million and up 102.76%.

During the current year until 202212, LITHUANIA's total exports and imports of goods were 100872.9619 million and were up 18.10% comparing to the same period of last year. Among these, exports were 46155.1690 million and up 13.05%; imports were 54717.7929 million and up 22.73%. The total trade deficit was 8562.6239 million and up 127.86%.

If considering by country (region), POLAND, GERMANY, LATVIA, UNITED STATES, RUSSIA were LITHUANIA's top five trading partners. During the current year until 202212, LITHUANIA's imports and exports to five countries/territories were 10542.2604 million, 10072.5604 million, 9966.0074 million, 6654.9725 million, 5748.4480 million. These values correspond to 10.45%, 9.99%, 9.88%, 6.60%, 5.70% of LITHUANIA's imports and exports, and, respectively, were up 22.19%, up 11.32%, up 37.52%, up 80.64%, down 40.85% comparing to the same period of last year.

Current year until 202212, 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 202212, LITHUANIA's exports to these five countries/territories were 5886.0106 million, 4155.5848 million, 3649.5333 million, 2880.3586 million, 2622.8581 million. These values correspond to 12.75%, 9.00%, 7.91%, 6.24%, 5.68% of LITHUANIA's exports and, respectively, were up 54.83%, up 28.40%, up 8.93%, down 34.88%, up 31.12% comparing with the same period of last year.

Current year until 202212, LITHUANIA's exports to top five countries/territories GERMANY, POLAND, 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 202212, LITHUANIA's imports from these five countries/territories were 6423.0271 million, 6386.6757 million, 4154.0683 million, 4079.9969 million, 2868.0894 million. These values correspond to 11.74%, 11.67%, 7.59%, 7.46%, 5.24% of LITHUANIA's total imports and, respectively, were up 12.73%, up 18.46%, up 268.46%, up 18.42%, down 45.83% comparing with the same period of last year.

During the current year until 202212, the trade surplus of LITHUANIA was mainly from LATVIA, ESTONIA, BELARUS, UKRAINE, DENMARK at 1806.0137 million, 906.6301 million, 683.0649 million, 673.8705 million, 382.8808 million, and up 406.96%, up 86.98%, down 318.49%, down 34.37%, up 20.61%. And the trade deficits were mainly from GERMANY, POLAND, SAUDI ARABIA, CHINA, UNITED STATES at 2773.4938 million, 2231.0909 million, 2024.7303 million, 1991.7449 million, 1653.1640 million, and up 18.14%, up 3.53%, down 2307.17%, up 25.66%, down 215.67%.

Current year until 202212, LITHUANIA's trade surplus or deficit with top five countries/territories During the current year until 202212,  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 23322.5742 million, 7526.9608 million, 6811.5807 million, 6467.1270 million, 5095.4877 million, which were up 101.34%, up 21.55%, down 6.63%, up 3.73%, up 4.76% comparing with the same period of last year and account for 23.12%, 7.46%, 6.75%, 6.41%, 5.05% of LITHUANIA's total imports and exports.

During the current year until 202212, 27, 94, 87, 39, 84 were LITHUANIA's top five traded commodities, with total import and export values of 7992.5605 million, 3495.4086 million, 2848.8433 million, 2760.4377 million, 2650.3864 million. These values correspond to 17.32%, 7.57%, 6.17%, 5.98%, 5.74% of LITHUANIA's total exports and, respectively, were up 89.33%, up 4.47%, up 29.86%, up 11.35%, down 8.41% comparing to the same period of last year.

During the current year until 202212, 27, 87, 84, 85, 39 were LITHUANIA's top five traded commodities, with total import values of 15330.0138 million, 4678.1175 million, 4161.1943 million, 3873.6894 million, 2335.0500 million. These values correspond to 28.02%, 8.55%, 7.60%, 7.08%, 4.27% of LITHUANIA's total exports and, respectively, were up 108.22%, up 16.99%, down 5.46%, up 7.95%, down 2.09% comparing to the same period of last year.

2. Current year until 202212, LITHUANIA binational trade profile

According to Dalian Infobank, during the current year until 202212, LITHUANIA-China binational exports and imports of goods amounted to 2198.1645 million and were up 3.41% comparing with the same period of last year. Among these, exports from LITHUANIA to China were 103.2098 million and down 61.82%, imports from China to LITHUANIA were 2094.9547 million and up 12.92%. The total binational trade deficit was 1991.7449 million and up 25.66%.

During the urrent year until 202212, 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 572.0211 million, 322.5584 million, 122.7950 million, 107.9069 million, 102.5132 million and makes up 26.02%, 14.67%, 5.59%, 4.91%, 4.66% of the total binational imports and exports. These values were also up 12.95%, up 24.54%, down 4.72%, down 18.18%, up 35.41% comparing to the same period last year.

During the current year until 202212, 74, 94, 85, 90, 38 were the top five traded commodities exported to China from LITHUANIA, with export values of 40.3876 million, 13.6225 million, 12.9775 million, 9.1900 million, 6.3061 million. These values account for 39.13%, 13.20%, 12.57%, 8.90%, 6.11% of LITHUANIA's total exports and were up 12.97%, down 68.99%, down 41.03%, down 70.35%, down 75.48% comparing to the same period of last year.

During the current year until 202212, 85, 84, 87, 39, 94 were LITHUANIA's top five traded commodities importing from China , with import values of 559.0436 million, 317.6693 million, 121.5307 million, 101.7107 million, 94.2844 million. These values account for 26.69%, 15.16%, 5.80%, 4.86%, 4.50% of LITHUANIA's total imports and were up 15.40%, up 27.64%, down 4.94%, up 40.42%, up 7.20% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat