Lithuania Trade Deficit Largest Since 2022

Lithuania’s trade deficit widened significantly to EUR 0.908 billion in July 2025, marking the largest shortfall since December 2022, from EUR 0.628 billion in the same month last year, as imports increased while exports declined. Imports grew by 4.6% year-on-year to EUR 3.851 billion, primarily due to higher purchases of ground vehicles (20.8%) and machinery and mechanical appliances (9.2%). Among trading partners, imports rose from Poland (13.7%), Germany (12.9%), and Latvia (8.1%). In contrast, exports fell by 3.6% to EUR 2,942 billion, driven by decreased sales for mineral fuels, mineral products, and products for distillation (-7.4%) and cereals (-56%). The top export destinations were Latvia (12.2%), Poland (10.5%), and Germany (9.1%). Considering the January-July period, the country posted a EUR 4.082 billion shortfall, with exports dropped by 0.6% while imports climbed by 6%.