Xifres de comerç exterior de Lituània

Foreign Trade in Figures

Lithuania is a very open economy, with foreign trade representing 156% of GDP (World Bank, latest data available). According to Statistics Lithuania, in 2021 the country’s main exports were in the chemical and related industries (14.9%), machinery and electrical equipment (13.5%), and mineral products (10%). Lithuania mostly imported machinery and mechanical equipment (17.8%), mineral products (17.3%), and chemical and related products (12.2%).

Considered as a whole, the European Union is Lithuania’s major trading partner. In terms of single countries, in 2021 exports were mostly destined to Russia (10.8%), Latvia (9.3%), Germany (8.2%) and Poland (8%). The main origins of Lithuania’s imports were Germany (12.8%), Poland (12.1%), Russia (11.9%), Latvia (8%) and the Netherlands (5% - data Statistics Lithuania).
 
The country's merchandise trade balance has historically been in deficit, which can largely be explained by the energy imports and, particularly, by the large amount of gas Lithuania imports from Russia. In 2021, Lithuania exported goods worth EUR 40.8 billion, with imports amounting to EUR 44.5 billion. Compared to a year before, exports in 2021 increased by 24.6% and imports by 34.5%. However, the balance of services is generally positive: in 2021 exports stood at EUR 15.2 billion (+24.1%) as imports grew at a faster pace, to EUR 9 billion (+39.3% y-o-y – WTO). According to the national Department of Statistics, exports of goods of Lithuanian origin reached EUR 12.7 billion between January and June 2022 and increased by 31.1% compared to the corresponding period of 2021. Germany, Poland, and the U.S. were the leading export destinations.