Lithuania
1.3B €
Exports
2022
2004 January2022 December
2.54B €
Imports
2022
2004 January2022 December
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 €2.54B, resulting in negative trade balance of €1.24B.
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 23.9%, from €1.05B in 2021 to €1.3B in 2022. Most recently, exports were led by cars, which represent 22.9% of the total exports to Lithuania, followed by milk and cream, which account for 5.49%.
Imports
2022
In 2022, Estonia's imports from Lithuania ammounted to €2.54B, 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 40.5%, from €1.81B in 2021 to €2.54B in 2022. Most recently, imports were led by refined petroleum products, which represent 38.2% of the total imports from Lithuania, followed by packaged medicaments, which account for 38.2%.
Trade Balance
As of 2022 December, Estonia had negative trade balance of €82.4M with Lithuania. In 2021 December, it had negative trade balance of €87M.
