Lithuania Trade Deficit Widens in May

Lithuania’s trade deficit widened to EUR 0.334 billion in January 2026 from EUR 0.318 billion in the corresponding month a year earlier, as both exports and imports declined. Exports fell 7.5% year-on-year to EUR 2.909 billion, weighed down by decreased sales of mineral fuels, mineral oils and products of their distillation (-16.5%), miscellaneous chemical products (-30.5%), and plastics and articles thereof (-12.9%). Meanwhile, imports dropped 6.4% to EUR 3.244 billion due to decreased purchases of mineral fuels, mineral oils and products of their distillation (-14.5%), organic chemicals (-38.1%), and iron and steel (-25.5%). In January, exports declined to the United States (-48.3%), the United Kingdom (-21.8%), Estonia (-10.7%), Latvia (-6.8%), and Poland (-3.3%), while imports also fell from Saudi Arabia (-69.3%), the United States (-28.3%), France (-14.3%), and China (-6.2%).

Lithuania’s trade deficit narrowed to EUR 0.506 billion in December 2025 from EUR 0.632 billion in December 2024, as exports grew at a much faster pace than imports. Exports surged 8% year-on-year to EUR 2.856 billion, supported by strong increases in fertilizers (44.2%), optics, photography, cinematography, measuring, control, precision, medical or surgical instruments and apparatus (6.8%), and pharmaceutical products (5.8%). Meanwhile, imports also rose by 2.6% year-on-year to EUR 3.361 billion, driven by higher purchases of electrical machinery and equipment (14%), land vehicles (10%), and machinery and mechanical equipment (7.5%). Over this period, exports rose to Ukraine (16.6%), Denmark (11.5%), United Kingdom (6.6%), Latvia (4.8%), and Poland (3.6%), while imports also increased from China (20.6%), United States (12%), Sweden (6.7%), Latvia (8.3%), and Germany (8.5%). However, for full-year 2025, the country’s trade deficit widened to EUR 6.525 billion from EUR 4.598 billion.

Lithuania’s trade deficit widened to EUR 0.510 billion in November 2025 from EUR 0.445 billion in the corresponding month a year ago, as imports rose at a much faster pace than exports. Imports grew by 3.1% year-on-year to EUR 3.634 billion amid increased purchases of mineral fuels, mineral oils and their distillation products (7.6%) and machinery and mechanical equipment and their parts (7.3%). Meanwhile, exports rose by 1.4% to EUR 3.123 billion, mainly supported by strong sales of mineral fuels, mineral oils and their distillation products (20%) and fertilizers (31.3%). In the January-November period, the country’s trade deficit expanded to EUR 5.944 billion from EUR 3.967 billion in the same period last year, with exports down 0.8% and imports up 4.4%. Over this period, imports increased from Poland (2.9%), Germany (8.1%), Latvia (7.9%), China (20.4%), and the Netherlands (7.7%), while exports dropped to the Netherlands (-3.4) and the US (-4.6%).