Lithuania
824M €
Exports
2020
2004 January2021 February
1.4B €
Imports
2020
2004 January2021 February
Lithuania is the 6th largest export partner of Estonia. In 2020, Estonia's exports to Lithuania amounted to €824M and imports from Lithuania to €1.4B, resulting in negative trade balance of €574M.
Exports
2020
In 2020, Estonia's exports to Lithuania amounted to €824M, 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 5.79%, from €875M in 2019 to €824M in 2020. Most recently, exports were led by cars, which represent 21.6% of the total exports to Lithuania, followed by milk and cream, which account for 5.39%.
Imports
2020
In 2020, Estonia's imports from Lithuania ammounted to €1.4B, making it the 2nd largest import partner in the world. Compared to the previous year, imports from Lithuania to Estonia experienced decline at an annualized rate of 15.1%, from €1.65B in 2019 to €1.4B in 2020. Most recently, imports were led by refined petroleum products, which represent 41.5% of the total imports from Lithuania, followed by packaged medicaments, which account for 41.5%.
Trade Balance
As of 2021 February, Estonia had negative trade balance of €46.1M with Lithuania. In 2020 February, it had negative trade balance of €44.4M.
