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Lithuania Trade Deficit Narrows in December
Lithuania’s trade deficit narrowed to EUR 0.506 billion in December 2025 from EUR 0.632 billion in December 2024, as exports grew at a much faster pace than imports. Exports surged 8% year-on-year to EUR 2.856 billion, supported by strong increases in fertilizers (44.2%), optics, photography, cinematography, measuring, control, precision, medical or surgical instruments and apparatus (6.8%), and pharmaceutical products (5.8%). Meanwhile, imports also rose by 2.6% year-on-year to EUR 3.361 billion, driven by higher purchases of electrical machinery and equipment (14%), land vehicles (10%), and machinery and mechanical equipment (7.5%). Over this period, exports rose to Ukraine (16.6%), Denmark (11.5%), United Kingdom (6.6%), Latvia (4.8%), and Poland (3.6%), while imports also increased from China (20.6%), Sweden (6.7%), Latvia (8.3%), and Germany (8.5%). However, for full-year 2025, the country’s trade deficit widened to EUR 6.525 billion from EUR 4.598 billion.