Imports to Lithuania dropped 6.2 percent year-on-year to EUR 2,447.8 million in June 2019, dragged down by lower purchases of iron and steel (-29.4%), crude oil (-12.5%), machinery and mechanical appliances and parts thereof (-9.5%). Imports in Lithuania averaged 1280.80 EUR Million from 1994 until 2019, reaching an all time high of 3005.50 EUR Million in October of 2018 and a record low of 153.20 EUR Million in October of 1994.
Imports in Lithuania is expected to be 2590.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Lithuania to stand at 2620.00 in 12 months time. In the long-term, the Lithuania Imports is projected to trend around 2950.00 EUR Million in 2020, according to our econometric models.