Lithuania
820M €
Exports
2020
2004 January2021 July
1.4B €
Imports
2020
2004 January2021 July
Lithuania is the 6th largest export partner of Estonia. In 2020, Estonia's exports to Lithuania amounted to €820M and imports from Lithuania to €1.4B, resulting in negative trade balance of €585M.
Exports
2020
In 2020, Estonia's exports to Lithuania amounted to €820M, making it the 6th largest export partner in the world. Compared to the previous year, exports from Estonia to Lithuania experienced decline at an annualized rate of 6.82%, from €880M in 2019 to €820M in 2020. Most recently, exports were led by cars, which represent 21.1% of the total exports to Lithuania, followed by milk and cream, which account for 5.25%.
Imports
2020
In 2020, Estonia's imports from Lithuania ammounted to €1.4B, making it the 4th largest import partner in the world. Compared to the previous year, imports from Lithuania to Estonia experienced decline at an annualized rate of 14.7%, from €1.65B in 2019 to €1.4B in 2020. Most recently, imports were led by refined petroleum products, which represent 19.6% of the total imports from Lithuania, followed by packaged medicaments, which account for 19.6%.
Trade Balance
As of 2021 July, Estonia had negative trade balance of €47.9M with Lithuania. In 2020 July, it had negative trade balance of €38.3M.
