International trade Economy of Lithuania

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foreign trade, 1995–2008


lithuanian economy highly open , international trade crucial. result, ratio of foreign trade gdp lithuania has exceeded 100%.


the eu biggest trade partner of lithuania 67% of total imports , 61.3% of total exports during 2015. commonwealth of independent states second economic union lithuania trades with, share of imports of 25% , share of exports of 23.9% during same period. vast majority of commodities, including oil, gas, , metals have imported, russia, in recent years lithuania s energy dependence has shifted towards other countries such norway , us. mineral products constitute 25% of imports , 18% of exports, driven presence of orlen lietuva oil refinery refining capacity of 9 million tons year, owned polish concern pkn orlen. orlen lietuva sold on €3.5 billion worth of products outside lithuania, compared total lithuanian exports of €24 billion in 2014.


some sectors directed @ export markets. transport , logistics export ⅔ of products and/or services; biotechnology industry exports 80%; plastics export 52%; laser technologies export 86%; metal processing, machinery , electric equipment export 64%; furniture , wood processing export 55%; textile , clothing export 76%; , food industry exports 36%.










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