Lithuania recorded a trade deficit of 49.2 EUR Million in June of 2020.

Balance of Trade in Lithuania averaged -192.35 EUR Million from 1994 until 2020, 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. 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 September of 2020.

Balance of Trade in Lithuania is expected to be -60.00 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 -240.00 in 12 months time. In the long-term, the Lithuania Balance of Trade is projected to trend around -200.00 EUR Million in 2021, according to our econometric models.

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Lithuania Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
170.90 -66.10 170.90 -597.50 1994 - 2020 EUR Million Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-06-09 06:00 AM Apr €0.01B €-0.05B €-0.01B
2020-07-10 06:00 AM May €0.003B €0.035B €-0.20B
2020-08-07 06:00 AM Jun €-0.05B €0.005B € -0.05B
2020-09-09 06:00 AM Jul €-0.17B €-0.07B €-0.25B
2020-10-09 06:00 AM Aug €-0.17B
2020-11-06 07:00 AM Sep € -0.06B
2020-12-10 07:00 AM Oct

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.