Lithuania
1.49B €
Exports
2023
2004 January2024 August
2.19B €
Imports
2023
2004 January2024 August
Lithuania is the 4th largest export partner of Estonia. In 2023, Estonia's exports to Lithuania amounted to €1.49B and imports from Lithuania to €2.19B, resulting in negative trade balance of €701M.
Exports
2023
In 2023, Estonia's exports to Lithuania amounted to €1.49B, 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 14.1%, from €1.3B in 2022 to €1.49B in 2023. Most recently, exports were led by cars, which represent 32.4% of the total exports to Lithuania, followed by trucks, which account for 3.78%.
Imports
2023
In 2023, Estonia's imports from Lithuania ammounted to €2.19B, 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 13.8%, from €2.54B in 2022 to €2.19B in 2023. Most recently, imports were led by refined petroleum products, which represent 26% of the total imports from Lithuania, followed by packaged medicaments, which account for 26%.
Trade Balance
As of 2024 August, Estonia had negative trade balance of €74.5M with Lithuania. In 2023 August, it had negative trade balance of €74.4M.
