Lithuania's trade deficit widens as exports fall, imports surge in 2025

Vilnius [Lithuania], November 8: Lithuania's trade deficit widened in the first three quarters of 2025 as exports slipped 1.1 percent year on year while imports jumped 5.3 percent, official data showed Friday.
According to the State Data Agency, Lithuania exported goods worth 27.52 billion euros (31.6 billion U.S. dollars) between January and September, while imports reached 32.5 billion euros, reflecting strong domestic demand but weaker external sales.
The decline in exports was mainly driven by a drop in shipments of mineral fuels, oils and their distillation products (down 6.4 percent), land transport vehicles (down 7.9 percent), and various chemical products (down 15.1 percent).
Imports, on the other hand, rose sharply due to higher purchases of electrical machinery and equipment and their parts (up 16.8 percent), land vehicles (up 10.9 percent), and machinery and mechanical appliances (up 5.8 percent).
Latvia, Poland and Germany remained Lithuania's top export destinations, accounting for 12.5 percent, 10.3 percent and 9 percent of total exports respectively. On the import side, Poland led with 13.8 percent, followed by Germany (12.8 percent) and Latvia
Source: Xinhua News Agency