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Lithuania

Lithuania ranked No. 83 in total trade value through August with a total of $1.3 billion. Exports totaled $607.64 million and Imports totaled $688.31 million, a deficit of $80.66 million.

January – August 2019

Top Trading Ports

Total Trade: $1.3 billion

RankPortTotal YTD
1Port of Newark $167,763,516
2Port of Houston $117,843,224
3Port of San Juan, Puerto Rico $97,601,724
4Playa de Ponce Port, P.R. $75,635,976
5Dulles International Airport, Washington D.C., Va. $65,037,094
6John F. Kennedy International Airport $59,797,111
7Port of Baltimore, Md. $58,720,988
8Port of New York $54,539,953
9Port of Savannah, Ga. $54,358,178
10Cleveland’s Hopkins International Airport, Ohio $53,694,416

U.S. trade with Lithuania rose to $1.3 billion through August

Lithuania’s trade with the United States rose to $1.3 billion through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 9.51 percent below its total trade during the same time period last year. U.S. exports to Lithuania increased 33.06 percent while U.S. imports from Lithuania fell 29.44 percent. The U.S. deficit with Lithuania was $80.66 million.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Newark; No. 2 Port of Houston; No. 3 Port of San Juan, Puerto Rico; No. 4 Playa de Ponce Port, P.R.; and No. 5 Dulles International Airport, Washington D.C., Va.. During the same period the previous year, the top five were No. 1 Playa de Ponce Port, P.R. No. 2 Port of San Juan, Puerto Rico No. 3 Port of Newark No. 4 Dulles International Airport, Washington D.C., Va. and No. 5 Port of Fajardo, P.R.. In the current time period, the top five accounted for 40.42 percent of Lithuania’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 39.76 percent to $167.76 million.
    Exports rose 12.91 percent to $77.99 million. Imports rose 76.13 percent to $89.78 million.
  • Trade with No. 2 Port of Houston rose 158.28 percent to $117.84 million.
    Exports rose 136.59 percent to $79.12 million. Imports rose 217.81 percent to $38.73 million.
  • Trade with No. 3 Port of San Juan, Puerto Rico fell 43.89 percent to $97.6 million.
    Exports totaled $38,242. Imports fell 43.91 percent to $97.56 million.
  • Trade with No. 4 Playa de Ponce Port, P.R. fell 65.66 percent to $75.64 million.
    There were no exports. Imports fell 65.66 percent to $75.64 million.
  • Trade with No. 5 Dulles International Airport, Washington D.C., Va. fell 32.43 percent to $65.04 million.
    Exports rose 22.62 percent to $6.41 million. Imports fell 35.59 percent to $58.63 million.

Lithuania ranked No. 83 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 79.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Lithuania by value through August were the categories of Motor vehicles for transporting people; Oil; Fish fillets, chilled or frozen; Cell phones, related equipment; and Almonds, walnuts, pistachios, hazelnuts, etc., respectively. They accounted for 50.51 percent of total exports to Lithuania.

The value of the top five categories of U.S. imports from Lithuania –– Gasoline, other fuels; Furniture, parts; Misc. medical chemical re-agents; Wheat gluten, whether or not dried; and Laser-based medical equipment, parts –– accounted for 69.68 percent of all inbound shipments.

Looking more closely at U.S. exports to Lithuania:

  • Motor vehicles for transporting people rose 33.78 percent compared to last year to $204.16 million.
  • Oil totaled $39.47 million. The previous year, there were no exports in this category.
  • Fish fillets, chilled or frozen rose 63.89 percent compared to last year to $23.33 million.
  • Cell phones, related equipment rose 101.48 percent compared to last year to $20.79 million.
  • Almonds, walnuts, pistachios, hazelnuts, etc. rose 26.62 percent compared to last year to $19.17 million.

Looking more closely at U.S. imports from Lithuania:

  • Gasoline, other fuels fell 45.66 percent compared to last year to $288.01 million.
  • Furniture, parts fell 4.58 percent compared to last year to $88.59 million.
  • Misc. medical chemical re-agents fell 24.32 percent compared to last year to $74.17 million.
  • Wheat gluten, whether or not dried rose 19.04 percent compared to last year to $15.36 million.
  • Laser-based medical equipment, parts fell 17.69 percent compared to last year to $13.51 million.

In the latest annual figures available, Lithuania recorded $2.05 billion in trade with the United States. At year’s end, its were San Juan; New York City; Houston; Los Angeles; and New Orleans. Total U.S. exports to Lithuania were $ 609.11 million and imports from Lithuania were $1.44 billion. The U.S. deficit with Lithuania was $835.88 million.