Trade Resources Economy Brief Report of Lithuania's Trade in July 2016

Brief Report of Lithuania's Trade in July 2016

According to the statistics from Eurostat, Lithuania’s volume of goods trade was USD29.47 billion from January to July in 2016, down 4.6% year-on-year (the same below). Exports fell by 3.1% to USD13.99 billion, and imports fell by 5.9% to USD15.48 billion. The trade deficit fell by 26.1% to USD1.49 billion.

In July, Lithuania’s volume of goods trade fell by 10.0% to USD4.23 billion. Exports fell by 8.4% to USD2.02 billion and imports fell by 11.5% to USD2.21 billion. And the trade deficit fell by 33.9% to USD0.20 million.

Since January to July, bilateral trade volume between Lithuania and China grew by 0.1% to USD0.53 billion. Lithuania’s exports to China grew by 18.1% to USD0.08 million. It accounted for 0.6% of Lithuania’s overall export, up 0.1%. And Lithuania’s imports from China fell by 2.5% to USD0.45 billion. It accounted for 2.9% of Lithuania’s overall imports, up 0.1% over the previous year. Lithuania’s trade deficit with China fell by 5.9% to USD0.37 billion.

China was the 25th export market of Lithuania and its 12th largest source of imports up to July in 2016.

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