Year-to-date trade figures indicate that the growth in overall exports was primarily driven by specific sectors. The most significant contributor to increased exports was the category of mineral fuels, oils, and their distillation products, which saw a rise of 21.7%. Other contributing sectors included electrical machinery and equipment, which increased exports by 4.7%, and pharmaceutical products, which grew by 10.2%.
Conversely, the increase in imports was largely attributable to higher purchases of mineral fuels, oils, and distillation products (12.6%), alongside increased imports of pharmaceutical products (10.2%). However, the data also noted a 2.8% decrease in the imports of pharmaceutical products. When examining goods other than mineral products, annual exports experienced a marginal decrease of 0.1%, while imports rose by 0.2%.
Focusing on regional performance for January through May 2026, the exports of Lithuanian-origin products increased by 1.7%, while imports from the region declined by 2.8%. In terms of major trading partners, Latvia remained a key export destination at 13%, followed by Poland (12.3%) and Germany (9.2%). For imports, Poland remained the largest source at 13.9%, with Germany (12.7%) and Latvia rounding out the top three importing nations.
Topics: #products #mineral #exports
