Lithuania's trade deficit declined to EUR 87.9 million in January of 2019 from EUR 252.5 million in the corresponding month of the previous year. It was the smallest trade deficit since December 2017, as exports rose while imports almost were unchanged at EUR 2,358.3 million. Exports increased 7.8 percent to EUR 2,270.5 million, driven by sales of furniture (12 percent); fertilizers (32.1 percent); and ground vehicles (18.6 percent). Balance of Trade in Lithuania averaged -195.10 EUR Million from 1994 until 2019, reaching an all time high of 69.20 EUR Million in August of 1994 and a record low of -597.50 EUR Million in March of 2008.

Balance of Trade in Lithuania is expected to be -100.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Lithuania to stand at -20.00 in 12 months time. In the long-term, the Lithuania Balance of Trade is projected to trend around -40.00 EUR Million in 2020, according to our econometric models.

Lithuania Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-07 09:00 AM Balance of Trade €-0.33B €-0.27B € -0.20B
2019-01-09 07:00 AM Balance of Trade €-0.14B €-0.33B € -0.25B
2019-02-08 07:00 AM Balance of Trade €-0.16B €-0.14B €-0.09B
2019-03-12 07:00 AM Balance of Trade €-0.09B €-0.16B €-0.28B
2019-04-09 06:00 AM Balance of Trade €-0.09B
2019-05-10 06:00 AM Balance of Trade
2019-06-07 06:00 AM Balance of Trade


Lithuania Trade Last Previous Highest Lowest Unit
Balance of Trade -87.90 -161.20 69.20 -597.50 EUR Million [+]
Current Account 54.89 213.86 410.55 -574.42 EUR Million [+]
Current Account to GDP 0.80 -0.90 3.00 -15.20 percent [+]
Imports 2358.30 2458.90 3049.70 153.20 EUR Million [+]
Exports 2270.50 2297.70 2714.20 135.50 EUR Million [+]
External Debt 35858.70 35257.90 35858.70 7273.80 EUR Million [+]
Capital Flows 531.10 41.70 925.40 -791.80 EUR Million [+]
Remittances 286.03 286.72 428.27 75.89 EUR Million [+]
Gold Reserves 5.80 5.80 5.82 5.78 Tonnes [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Tourism Revenues 207.40 297.80 297.80 57.20 EUR Million [+]
Tourist Arrivals 347.30 568.30 568.30 152.80 Thousand [+]
Foreign Direct Investment 85.13 227.44 814.41 -393.82 EUR Million [+]
Crude Oil Production 2.00 2.00 9.90 2.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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. This page provides - Lithuania Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Lithuania Balance of Trade - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-87.90 -161.20 69.20 -597.50 1994 - 2019 EUR Million Monthly




Country Last Previous
Argentina 372.00 Jan/19
Australia 4549.00 Jan/19
Brazil 3670.00 Feb/19
Canada -4593.40 Dec/18
China 41.18 Feb/19
Euro Area 1547.90 Jan/19
France -4195.00 Jan/19
Germany 14500.00 Jan/19
India -9600.00 Feb/19
Indonesia 329.50 Feb/19
Italy 321.80 Jan/19
Japan 339.00 Feb/19
Mexico -4809.60 Jan/19
Netherlands 2868.00 Jan/19
Russia 13368.00 Jan/19
Saudi Arabia 184673.00 Sep/18
Singapore 5198.50 Feb/19
South Africa -13082.76 Jan/19
South Korea 3098.00 Feb/19
Spain -4483276.00 Jan/19
Switzerland 2037.56 Feb/19
Turkey -2503.45 Jan/19
United Kingdom -3825.00 Jan/19
United States -59769.00 Dec/18


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