FX.co ★ Lithuania Trade Deficit Narrows in February

Lithuania’s trade deficit narrowed to EUR 0.491 billion in February 2026 from EUR 0.564 billion in the same month a year earlier, as exports declined more slowly than imports. Exports fell by 1.6% year-on-year to EUR 2.870 billion, reflecting weaker shipments of cereals (-37.2%), iron and steel (-49.5%), and mineral fuels, mineral oils, and products of their distillation (-5.6%).

Imports decreased at a faster pace, dropping 3.4% to EUR 3.361 billion, primarily due to reduced purchases of electrical machinery and equipment and parts thereof (-16.8%), machinery and mechanical equipment and parts thereof (-9.8%), and fertilizers (-62.6%).

Over the January–February period, the trade deficit narrowed to EUR 0.795 billion from EUR 0.882 billion a year earlier, with exports and imports declining by 4.2% and 4.9%, respectively. During this period, exports to the US (-44.0%), the UK (-10.8%), and Estonia (-10.5%) fell notably, while imports from Ukraine (-42.2%) and Belgium (-19.5%) recorded the steepest declines.