A Baltic nation in northeastern Europe bordering Belarus and Poland, the Republic of Lithuania bought imported products worth a total US$48.4 billion in 2023.

That dollar metric results from a 35.4% expansion in Lithuanian spending versus $35.8 billion 5 years earlier during 2019.

From 2022 to 2023, the overall cost of Lithuania’s imports diminished by -12.1% from $55.1 billion.

Based on the average exchange rate for 2023, Lithuania’s currency the euro depreciated by -3.5% against the US dollar since 2019 but strengthened by 2.6% from 2022 to 2023. The weaker EU currency compared to 2019 made imports bought in US dollars relatively more expensive when converted starting from euros.

Major Suppliers for Lithuania’s Imports

The latest available country-specific data shows that 75.4% of products imported into Lithuania was furnished by exporters in: Germany (13.8% of the Lithuanian total), Poland (13.2%), Latvia (8.1%), United States of America (6.4%), Netherlands (5.4%), Norway (5%), Saudi Arabia (4.5%), Sweden (4%), Italy (3.93%), Estonia (3.87%), mainland China (3.81%) and France (3.2%).

Applying a continental lens, 80.5% of Lithuania’s total imports by value in 2023 was purchased from fellow European countries. Trade partners located in Asia provided 11.6% of Lithuanian import purchases, trailed by suppliers in North America (6.5%).

Tinier percentages came from Africa (1%), Latin America (0.4%) excluding Mexico and including the Caribbean, then Oceania (0.05%) led by New Zealand and Australia.

Given Lithuania’s population of 2.88 million people, its total $48.4 billion in 2023 imports translates to roughly $16,800 in yearly product demand from every person in the northeastern European country. That dollar metric lags the average $19,500 one year earlier in 2022.

Lithuania’s Top 10 Imports

The following product groups represent the highest dollar value in Lithuania’s import purchases during 2023. Also shown is the percentage share each product category represents in terms of overall imports into Lithuania.

1. Mineral fuels including oil: US$9.6 billion (19.8% of total imports)
2. Vehicles: $5.7 billion (11.7%)
3. Electrical machinery, equipment: $4.2 billion (8.6%)
4. Machinery including computers: $4.1 billion (8.6%)
5. Plastics, plastic articles: $2 billion (4.1%)
6. Pharmaceuticals: $1.8 billion (3.7%)
7. Optical, technical, medical apparatus: $1.1 billion (2.2%)
8. Articles of iron or steel: $1 billion (2.1%)
9. Iron, steel: $973.2 million (2%)
10. Beverages, spirits, vinegar: $914.5 million (1.9%)

Among these top categories, Lithuania’s imports of beverages, spirits and vinegar (up 25.9% from 2022), vehicles (up 31.1%) then optical, technical and medical apparatus (up 17.7%) increased at the fastest pace year over year.

The worst annual decline was the -37.5% retreat for the mineral fuels including oil product category.

Please note that the results listed above are at the 2-digit Harmonized Tariff System code level.

The sections below are at the more detailed 4-digit HTS code level.

Lithuania’s Main Mineral Fuels Imports

In 2023, Lithuanian importers spent the most on the following 10 subcategories of mineral fuels-related products.

1. Crude oil: US$5.8 billion (down -4.5% from 2022)
2. Petroleum gases: $1.9 billion (down -63%)
3. Electrical energy: $956.6 million (down -62.2%)
4. Processed petroleum oils: $731.7 million (down -37.5%)
5. Peat: $31 million (down -2%)
6. Coal, solid fuels made from coal: $24.7 million (down -68.3%)
7. Petroleum oil residues: $21.6 million (down -19.2%)
8. Coal tar oils (high temperature distillation): $20.8 million (down -84.1%)
9. Petroleum jelly, mineral waxes: $8.8 million (down -58.3%)
10. Coke, semi-coke: $6.7 million (down -33.3%)

Among these import subcategories, Lithuanian purchases of peat (down -2%), crude oil (down -4.5%) and petroleum oil residues (down -19.2%) reduced at the slowest pace from 2022 to 2023.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of mineral fuels-related imports among Lithuanian businesses and consumers.

Lithuania’s Main Vehicles Imports

In 2023, Lithuanian importers spent the most on the following 10 subcategories of vehicles.

1. Cars: US$2.3 billion (up 19.2% from 2022)
2. Tractors: $1.2 billion (up 19.6%)
3. Automobile parts/accessories: $598.8 million (up 12.8%)
4. Trailers: $410.4 million (up 17.6%)
5. Trucks: $398.4 million (up 58%)
6. Armored vehicles, tanks: $218.1 million (up 25.4%)
7. Motorcycle parts/accessories: $113.9 million (down -21.4%)
8. Special purpose vehicles: $68.8 million (up 48.7%)
9. Motorcycles: $59.9 million (up 8.8%)
10. Public-transport vehicles: $55.9 million (up 113.1%)

Among these import subcategories, Lithuanian purchases of public-transport vehicles (up 113.1%), trucks (up 58%) and special purpose vehicles (up 48.7%) advanced at the fastest pace from 2022 to 2023.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of vehicles-related imports among Lithuanian businesses and consumers.

Lithuania’s Main Electronics Imports

In 2023, Lithuanian importers spent the most on the following 10 subcategories of electrical products including consumer electronics.

1. Phone devices including smartphones: US$1 billion (up 18.5% from 2022)
2. Solar power diodes/semi-conductors: $298.8 million (up 38.9%)
3. TV receivers/monitors/projectors: $271.9 million (down -4.7%)
4. Insulated wire/cable: $271.1 million (up 3.2%)
5. Integrated circuits/microassemblies: $251 million (down -14.6%)
6. Electrical converters/power units: $227 million (up 8.9%)
7. Lower-voltage switches, fuses: $220.4 million (up 2.2%)
8. Electric water heaters, hair dryers: $206.5 million (up 7%)
9. Microphones/headphones/amps: $107.6 million (down -18.4%)
10. Electric circuit parts, fuses, switches: $95.7 million (up 18.9%)

Among these import subcategories, Lithuanian purchases of solar power diodes and semi-conductors (up 38.9%), electric circuit parts, fuses or switches (up 18.9%) then phone devices including smartphones (up 18.5%) grew at the fastest pace from 2022 to 2023.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of electronics-related imports among Lithuanian businesses and consumers.

Lithuania’s Main Machinery Imports Including Computers

In 2023, Lithuanian importers spent the most on the following 10 subcategories of machinery including computers.

1. Computers, optical readers: US$482.7 million (down -12.3% from 2022)
2. Harvest/threshing machinery: $281.3 million (up 18.6%)
3. Soil preparation or cultivation machinery: $173 million (down -3.8%)
4. Refrigerators, freezers: $170.9 million (down -3.6%)
5. Centrifuges, filters and purifiers: $159.4 million (down -15.2%)
6. Miscellaneous machinery: $154.1 million (down -29.2%)
7. Taps, valves, similar appliances: $144.9 million (down -3.8%)
8. Air conditioners: $134.3 million (down -15.4%)
9. Printing machinery: $131.6 million (down -5.2%)
10. Heavy machinery (bulldozers, excavators, road rollers): $128.2 million (up 14.5%)

Among these import subcategories, Lithuanian purchases of harvesting and threshing machinery (up 18.6%) and heavy machinery such as bulldozers, excavators and road rollers (up 14.5%) grew from 2022 to 2023.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of machinery-related imports among Lithuanian businesses and consumers.
 

See also Lithuania’s Top 10 Exports, Lithuania’s Top Trading Partners, Russia’s Top Trading Partners and Russia’s Top 10 Exports

Research Sources:
Central Intelligence Agency, The World Factbook Country Profiles. Accessed on April 23, 2023

International Monetary Fund, Exchange Rates selected indicators (Domestic Currency per U.S. dollar, period average). Accessed on April 23, 2023

International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on April 23, 2023

International Trade Centre, Trade Map. Accessed on April 23, 2023