Lithuania’s trade deficit surged to a new 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. 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 June 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
2022-05-10 06:00 AM Mar €-0.76B €-0.54B € -0.2B
2022-06-09 06:00 AM Apr €-0.82B €-0.77B €-0.45B
2022-07-08 06:00 AM May €-0.82B

Related Last Previous Unit Reference
Balance of Trade -815.20 -765.10 EUR Million Apr 2022
Exports 3466.80 3696.00 EUR Million Apr 2022
Imports 4282.00 4461.10 EUR Million Apr 2022
External Debt 39560.10 42447.80 EUR Million Mar 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
-815.20 -765.10 543.00 -815.20 1994 - 2022 EUR Million Monthly