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.