Lithuania
875M €
Exports
2019
2004 January2020 August
1.65B €
Imports
2019
2004 January2020 August
Lithuania is the 6th largest export partner of Estonia. In 2019, Estonia's exports to Lithuania amounted to €875M and imports from Lithuania to €1.65B, resulting in negative trade balance of €772M.
Exports
2019
In 2019, Estonia's exports to Lithuania amounted to €875M, making it the 6th largest export partner in the world. Compared to the previous year, exports from Estonia to Lithuania experienced growth at an annualized rate of 10.5%, from €792M in 2018 to €875M in 2019. Most recently, exports were led by cars, which represent 29.3% of the total exports to Lithuania, followed by milk and cream, which account for 5%.
Imports
2019
In 2019, Estonia's imports from Lithuania ammounted to €1.65B, making it the 2nd largest import partner in the world. Compared to the previous year, imports from Lithuania to Estonia experienced growth at an annualized rate of 4.88%, from €1.57B in 2018 to €1.65B in 2019. Most recently, imports were led by refined petroleum products, which represent 34% of the total imports from Lithuania, followed by packaged medicaments, which account for 34%.
Trade Balance
As of 2020 August, Estonia had negative trade balance of €44.6M with Lithuania. In 2019 August, it had negative trade balance of €64.2M.
