Lithuania
1.07B €
Exports
2021
2004 January2022 June
1.82B €
Imports
2021
2004 January2022 June
Lithuania is the 7th largest export partner of Estonia. In 2021, Estonia's exports to Lithuania amounted to €1.07B and imports from Lithuania to €1.82B, resulting in negative trade balance of €747M.
Exports
2021
In 2021, Estonia's exports to Lithuania amounted to €1.07B, making it the 7th largest export partner in the world. Compared to the previous year, exports from Estonia to Lithuania experienced growth at an annualized rate of 30.5%, from €818M in 2020 to €1.07B in 2021. Most recently, exports were led by cars, which represent 24% of the total exports to Lithuania, followed by milk and cream, which account for 3.89%.
Imports
2021
In 2021, Estonia's imports from Lithuania ammounted to €1.82B, making it the 4th largest import partner in the world. Compared to the previous year, imports from Lithuania to Estonia experienced growth at an annualized rate of 28.8%, from €1.41B in 2020 to €1.82B in 2021. Most recently, imports were led by refined petroleum products, which represent 21.7% of the total imports from Lithuania, followed by packaged medicaments, which account for 21.7%.
Trade Balance
As of 2022 June, Estonia had negative trade balance of €47.1M with Lithuania. In 2021 June, it had negative trade balance of €47.7M.
