Lithuania's trade deficit declined to EUR 137.6 million in November of 2018 from EUR 159.5 million in the corresponding month of the previous year. Imports rose 5.4 percent to EUR 2,790 million, mainly due to higher purchases of organic chemicals (43.4 percent); machinery and mechanical appliance, parts thereof (5.2 percent), and fish and crustaceans (31.3 percent). Meantime, exports advanced at a faster 6.6 percent to EUR 2,653 million, boosted by sales of petroleum products (9.8 percent); tobacco and processed tobacco substitutes (61.4 percent), and plastics and articles thereof (18 percent). Balance of Trade in Lithuania averaged -195.80 EUR Million from 1994 until 2018, 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.

Balance of Trade in Lithuania is expected to be -30.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Lithuania to stand at -267.22 in 12 months time. In the long-term, the Lithuania Balance of Trade is projected to trend around -40.00 EUR Million in 2020, according to our econometric models.

Lithuania Balance of Trade
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-10-10 08:00 AM Balance of Trade €-0.15B €-0.14B € -0.19B
2018-11-09 09:00 AM Balance of Trade €-0.28B €-0.15B € -0.16B
2018-12-07 09:00 AM Balance of Trade €-0.33B €-0.27B € -0.20B
2019-01-09 07:00 AM Balance of Trade €-0.14B €-0.33B € -0.25B
2019-02-08 07:00 AM Balance of Trade €-0.14B
2019-03-12 07:00 AM Balance of Trade
2019-04-09 06:00 AM Balance of Trade


Lithuania Trade Last Previous Highest Lowest Unit
Balance of Trade -137.60 -335.10 69.20 -597.50 EUR Million [+]
Current Account 246.46 200.97 410.55 -574.42 EUR Million [+]
Current Account to GDP -0.90 -2.30 3.60 -15.10 percent [+]
Imports 2790.40 3047.70 3047.70 153.20 EUR Million [+]
Exports 2652.80 2712.50 2712.50 135.50 EUR Million [+]
External Debt 35858.70 35257.90 35858.70 7273.80 EUR Million [+]
Capital Flows 295.51 425.70 925.40 -791.80 EUR Million [+]
Remittances 286.03 286.72 428.27 75.89 EUR Million [+]
Gold Reserves 5.80 5.80 5.82 5.78 Tonnes [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Tourism Revenues 207.40 297.80 297.80 57.20 EUR Million [+]
Tourist Arrivals 347.30 568.30 568.30 152.80 Thousand [+]
Foreign Direct Investment 85.13 227.44 814.41 -393.82 EUR Million [+]
Crude Oil Production 2.00 2.00 9.90 2.00 BBL/D/1K [+]

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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-137.60 -335.10 69.20 -597.50 1994 - 2018 EUR Million Monthly




Country Last Previous
Argentina 979.00 Nov/18
Australia 1925.00 Nov/18
Brazil 6639.00 Dec/18
Canada -2060.10 Nov/18
China 570.60 Dec/18
Euro Area 18967.90 Nov/18
France -5099.00 Nov/18
Germany 20500.00 Nov/18
India -13080.00 Dec/18
Indonesia -1102.00 Dec/18
Italy 3784.00 Oct/18
Japan -737.30 Nov/18
Mexico -2382.00 Nov/18
Netherlands 6983.00 Nov/18
Russia 19697.00 Oct/18
Saudi Arabia 184673.00 Sep/18
Singapore 3799.41 Nov/18
South Africa 3494.40 Nov/18
South Korea 4558.00 Dec/18
Spain -3836500.00 Oct/18
Switzerland 3071.48 Nov/18
Turkey -651.36 Nov/18
United Kingdom -2904.00 Nov/18
United States -55488.00 Oct/18


Related

Latest