FX.co ★ Lithuania Trade Deficit Widens in October

In October 2025, Lithuania experienced an increase in its trade deficit, reaching EUR 0.505 billion, compared to EUR 0.489 billion in the same period the previous year. Exports saw a slight decrease of 0.6% year-on-year, totaling EUR 3.205 billion, primarily due to significant reductions in the export of oil seeds and oleaginous fruits, which plummeted by 67.1%, and miscellaneous chemical products, which dropped by 21.4%. Conversely, imports decreased marginally by 0.1%, amounting to EUR 3.714 billion. This decline was mainly fueled by a reduction in the purchase of mineral fuels, mineral oils, and related products, which fell by 28.8%, alongside a substantial 59.4% decrease in organic chemicals. For the January to October period, the trade deficit expanded to EUR 5.414 billion from EUR 3.521 billion in the previous year, as exports dropped by 1.1% whereas imports rose by 4.5%. During this timeframe, there was a decrease in exports to several countries, including the Netherlands (-4.9%), Estonia (-0.5%), and the United States (-1.1%). In stark contrast, imports surged from Germany (8.3%), Poland (2.7%), Latvia (7.6%), China (19.8%), and the Netherlands (9.9%).