Lithuania Balance of Trade  1994-2017 | Data | Chart | Calendar | Forecast

Lithuania's trade deficit widened to EUR 297.6 million in July 2017 from EUR 195 million in the corresponding month of the previous year. Imports rose 15.4 percent from the previous year to EUR 2.33 billion, boosted by higher purchases of vehicles (34.4 percent), crude oil (22.3 percent) and electrical machinery and equipment (29.6 percent). Among major trading partners, imports rose from Russia (17 percent), Germany (17.3 percent), Poland (12.1 percent) and the Netherlands (32.5 percent). Meanwhile, exports increased at a slower 11.4 percent to EUR 2.03 billion, as sales rose the most for vehicles (56.6 percent), electrical machinery and equipment (34.7 percent), and machinery and mechanical appliances (21.8 percent). Exports grew to Russia (27.3 percent), Latvia (20.4 percent), Germany (9.1 percent) and the US (17.6 percent). In the first seven months of the year, the trade gap widened to EUR 1.59 billion from EUR 1.40 billion in the same period of 2016. Balance of Trade in Lithuania averaged -195.78 EUR Million from 1994 until 2017, reaching an all time high of 69.20 EUR Million in August of 1994 and a record low of -597.50 EUR Million in March of 2008.

Lithuania Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2017-07-10 08:00 AM Balance of Trade €-210M €-320M €-278M
2017-08-09 08:00 AM Balance of Trade €-71.7M €-226.2M €-262M
2017-09-08 08:00 AM Balance of Trade €-300M €-70M
2017-10-10 08:00 AM Balance of Trade €-300M €-240M
2017-11-09 09:00 AM Balance of Trade
2017-12-08 09:00 AM Balance of Trade


Lithuania Trade Last Previous Highest Lowest Unit
Balance of Trade -297.60 -73.40 69.20 -597.50 EUR Million [+]
Exports 2032.40 2273.50 2373.30 135.50 EUR Million [+]
Imports 2329.90 2346.90 2498.60 153.20 EUR Million [+]
Current Account -65.50 147.98 387.50 -559.55 EUR Million [+]
Current Account to GDP -0.90 -2.30 3.60 -15.10 percent [+]
External Debt 33131.80 33060.10 33367.70 7273.80 EUR Million [+]
Capital Flows 152.90 -16.60 924.90 -739.00 EUR Million [+]
Remittances 267.72 278.37 428.27 75.89 EUR Million [+]
Gold Reserves 5.82 5.82 5.82 5.78 Tonnes [+]
Crude Oil Production 2.00 2.00 9.90 2.00 BBL/D/1K [+]
Foreign Direct Investment 314.74 -78.67 814.55 -497.71 EUR Million [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Lithuania Balance of Trade

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. This page provides - Lithuania Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Lithuania Balance of Trade - actual data, historical chart and calendar of releases - was last updated on September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-297.60 -73.40 69.20 -597.50 1994 - 2017 EUR Million Monthly




balance of trade by Country

Last
Australia 460.00 Jul/17
Brazil 5599.00 Aug/17
Canada -3040.40 Jul/17
China 419.92 Aug/17
Euro Area 23156.00 Jul/17
France -5968.00 Jul/17
Germany 19500.00 Jul/17
India -11643.96 Aug/17
Indonesia 1722.60 Aug/17
Italy 6560.39 Jul/17
Japan 113.64 Aug/17
Mexico -1522.60 Jul/17
Netherlands 4711.00 Jul/17
Russia 3970.00 Jul/17
South Korea 7013.00 Aug/17
Spain -2099000.00 Jul/17
Switzerland 2173.00 Aug/17
Turkey -8842.94 Jul/17
United Kingdom -2872.00 Jul/17
United States -43689.00 Jul/17