Lithuania’s trade deficit widened to EUR 687.7 million in July 2022 from USD 444.7 million in the same month a year ago, as exports rose less than imports, amid soaring commodity prices. Exports grew by 38.1 percent year-on-year to EUR 3.8 billion, while imports rose at a faster 40.4 percent to EUR 4.5 billion. source: Statistics Lithuania

Balance of Trade in Lithuania averaged -192.93 EUR Million from 1994 until 2022, reaching an all time high of 127.90 EUR Million in December of 2020 and a record low of -758.10 EUR Million in April of 2022. This page provides - Lithuania Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Lithuania Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Balance of Trade in Lithuania is expected to be -200.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lithuania Balance of Trade is projected to trend around -200.00 EUR Million in 2023, according to our econometric models.

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Lithuania Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2022-08-09 06:00 AM Jun €-0.78B €-0.52B € -0.2B
2022-09-09 06:00 AM Jul €-0.69B €-0.80B
2022-10-07 06:00 AM Aug €-0.69B


Related Last Previous Unit Reference
Balance of Trade -687.70 -803.60 EUR Million Jul 2022
Exports 3791.70 3324.40 EUR Million Jul 2022
Imports 4479.50 4127.90 EUR Million Jul 2022
External Debt 42007.40 39560.10 EUR Million Jun 2022
Tourist Arrivals 485.60 864.60 Thousand Dec 2021
Tourism Revenues 92.10 93.00 EUR Million Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
-687.70 -803.60 540.30 -825.90 1994 - 2022 EUR Million Monthly

News Stream
Lithuania Trade Gap Widens in May
Lithuania’s trade deficit increased to EUR 523.0 million in May 2022 from USD 366.8 million in the same month a year ago, mainly due to a surge in imports, amid soaring commodity prices. Exports rose by 26.3 percent year-on-year to EUR 3.5 billion, while imports grew at a faster 28.2 percent to EUR 4.0 billion. Considering the first five months of the year, the trade shortfall was at EUR 3.0 billion, widening sharply from a deficit of EUR 1.0 billion in the same period of 2021.
2022-07-08
Lithuania Trade Gap Hits Record High
Lithuania’s trade deficit surged to a record high of EUR 815.2 million in April 2022 from USD 278.5 million in the same month a year ago, mainly due to a jump in imports, amid soaring commodity prices. Exports grew by 29.3 percent year-on-year to a near record peak of EUR 3.5 billion, while imports expanded at a much faster 44.7 percent to near a record high of EUR 4.3 billion. Considering the first four months of the year, the trade shortfall was at EUR 2.4 billion, widening sharply from a deficit of EUR 626.5 million in the same period of 2021.
2022-06-09