Lithuania Balance of Trade

Last Release

Jan 31, 2025

Actual

-296.1

Units In

EUR Million

-653.3

Frequency

Monthly

Next Release

Apr 09, 2025

Time to Release

26 Days 7 Hours

Highest	Lowest	Average	Date Range	Source
127.9 Dec 2020	-906.7 Dec 2022	-220.12 EUR Million	1994-2025	Statistics Lithuania

Lithuania exports mostly mineral products, machinery and mechanical appliances, electrical equipment, chemicals and foodstuffs; and imports mineral products, machinery and mechanical appliances, electrical equipment. In 2016, the largest trade deficits were recorded with Germany, Poland, Russia and Sweden, while the biggest trade surpluses were recorded with the United States, Estonia, the United Kingdom and Latvia.

Latest Updates

Lithuania’s trade deficit widened slightly to EUR 0.296 billion in January 2025 from EUR 0.242 billion in the corresponding month of the previous year, as imports rose faster than exports. Imports grew by 4% year-on-year to EUR 3.434 billion, driven mainly by increases in imports of electrical machinery and equipment and parts thereof (16%) and organic chemicals (25.6%). The main sources of imports were Poland (12.7%), Saudi Arabia (10.8%), and Germany (10.6%). Meanwhile, exports rose by 2.6% to EUR 3.137 billion, attributed to higher sales of fertilizers (3.1%) and plastics and articles thereof (19.5%). The top export destinations were Latvia (11.5%), Poland (10.1%), and Germany (8.5%).