Lithuania Trade Gap Widens in June
2026-08-07 06:28
By
Jereli Escobar
1 min. read
Lithuania posted a trade deficit of EUR 713.1 million in June 2026, widening from EUR 404.0 million in the corresponding month a year earlier.
Exports increased 18.5% year-on-year to EUR 3,546.5 million, driven by higher shipments of mineral fuels, mineral oils and products of their distillation (52.5%), plastics and articles thereof (19.2%), and iron and steel (2.4%).
Meanwhile, imports climbed 25.4% to EUR 4,259.6 million, mainly reflecting stronger purchases of mineral fuels, mineral oils and products of their distillation (2.1%), ground vehicles and parts thereof (20.3%), and electrical machinery, equipment and parts thereof (23.9%).
Over the first six months of the year, the country's trade deficit widened to EUR 3,526 million from EUR 3,239 million, as imports (6.0%) continued to outpace exports (5.5%).
Exports increased to Latvia (13.9%), Poland (26.2%), and the Netherlands (14.5%), while imports also rose from Poland (6.0%), Germany (2.5%), Latvia (9.0%), and Norway (90.9%).