FX.co ★ Lithuania Trade Deficit Widens in January

Lithuania’s trade deficit widened to EUR 0.334 billion in January 2026 from EUR 0.318 billion in the same month a year earlier, as both exports and imports declined.

Exports fell by 7.5% year-on-year to EUR 2.909 billion, primarily due to lower sales of mineral fuels, mineral oils and products of their distillation (-16.5%), miscellaneous chemical products (-30.5%), and plastics and articles thereof (-12.9%).

Imports decreased by 6.4% to EUR 3.244 billion, reflecting reduced purchases of mineral fuels, mineral oils and products of their distillation (-14.5%), organic chemicals (-38.1%), and iron and steel (-25.5%).

By destination, exports in January declined to the United States (-48.3%), the United Kingdom (-21.8%), Estonia (-10.7%), Latvia (-6.8%), and Poland (-3.3%). On the import side, purchases from Saudi Arabia (-69.3%), the United States (-28.3%), France (-14.3%), and China (-6.2%) also fell.