Lithuania
1.3B €
Exports
2022
2004 January2023 September
2.53B €
Imports
2022
2004 January2023 September
Lithuania is the 4th largest export partner of Estonia. In 2022, Estonia's exports to Lithuania amounted to €1.3B and imports from Lithuania to €2.53B, resulting in negative trade balance of €1.23B.
Exports
2022
In 2022, Estonia's exports to Lithuania amounted to €1.3B, making it the 4th largest export partner in the world. Compared to the previous year, exports from Estonia to Lithuania experienced growth at an annualized rate of 23.8%, from €1.05B in 2021 to €1.3B in 2022. Most recently, exports were led by cars, which represent 22.1% of the total exports to Lithuania, followed by milk and cream, which account for 5.3%.
Imports
2022
In 2022, Estonia's imports from Lithuania ammounted to €2.53B, 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 40.3%, from €1.81B in 2021 to €2.53B in 2022. Most recently, imports were led by refined petroleum products, which represent 35.9% of the total imports from Lithuania, followed by packaged medicaments, which account for 35.9%.
Trade Balance
As of 2023 September, Estonia had negative trade balance of €53.9M with Lithuania. In 2022 September, it had negative trade balance of €97.4M.
