FX.co ★ Lithuania Trade Deficit Widens in April

In April 2025, Lithuania experienced an increase in its trade deficit, reaching EUR 0.575 billion, compared to EUR 0.342 billion in the same month the previous year. This change was attributed to a rise in imports coupled with a decline in exports. Imports grew by 2.7% year-on-year, totaling EUR 3.586 billion. This increase was largely driven by a significant rise in the importation of ground vehicles, which surged by 18.5%, and natural calcium phosphates, which saw a remarkable 100% increase. Notably, imports from Poland, Germany, and Latvia increased by 13.5%, 12.5%, and 8.1%, respectively. In contrast, exports decreased by 4.5%, amounting to EUR 3.011 billion, primarily due to a 26.9% decline in the export of mineral fuels, mineral oils, and related products. The leading export destinations included Latvia at 12.1%, Poland at 10.4%, and Germany at 8.7%. Over the first four months of the year, Lithuania recorded a trade deficit of EUR 2.179 billion, with exports showing a marginal 0.1% increase while imports surged by 8%.