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Lithuania

Lithuania ranked No. 80 in total trade value through October with a total of $1.75 billion. Exports totaled $589.93 million and Imports totaled $1.16 billion, a deficit of $565.38 million.

January – October 2018

Top Trading Ports

Total Trade: $1.75 billion

RankPortTotal YTD
1Playa de Ponce Port, P.R. $243,748,903
2Port of San Juan, Puerto Rico $200,867,336
3Port of Newark $152,992,543
4Dulles International Airport, Washington D.C., Va. $115,848,694
5Port of Fajardo, P.R. $92,783,942
6Port of Houston $83,565,489
7Port of Baltimore, Md. $65,423,108
8Port of Savannah, Ga. $65,168,343
9Port of New Orleans $62,428,614
10Cleveland’s Hopkins International Airport, Ohio $56,503,916

U.S. trade with Lithuania rose to $1.75 billion through October

Lithuania’s trade with the United States rose to $1.75 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 4.59 percent above its total trade during the same time period last year. Lithuania’s exports increased 18.38 percent while imports fell 1.28 percent. The U.S. deficit with Lithuania was $565.38 million.

Through October, the top five among the nation’s airports, seaports and border crossings 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.. During the same period the previous year, the top five were No. 1 Port of San Juan, Puerto Rico No. 2 Playa de Ponce Port, P.R. No. 3 Port of Fajardo, P.R. No. 4 Port of Newark and No. 5 Port of Houston. In the current time period, the top five accounted for 46.2 percent of Lithuania’s U.S. trade.

Among those top five:

  • Trade with No. 1 Playa de Ponce Port, P.R. fell 1.29 percent to $243.75 million.
    There were no exports. Imports fell 1.29 percent to $243.75 million.
  • Trade with No. 2 Port of San Juan, Puerto Rico fell 24.75 percent to $200.87 million.
    There were no exports. Imports fell 24.75 percent to $200.87 million.
  • Trade with No. 3 Port of Newark rose 14.8 percent to $152.99 million.
    Exports rose 42.46 percent to $89.8 million. Imports fell 10.03 percent to $63.19 million.
  • Trade with No. 4 Dulles International Airport, Washington D.C., Va. rose 131.27 percent to $115.85 million.
    Exports rose 121.01 percent to $7.62 million. Imports rose 132.03 percent to $108.22 million.
  • Trade with No. 5 Port of Fajardo, P.R. fell 43.03 percent to $92.78 million.
    There were no exports. Imports fell 43.03 percent to $92.78 million.

Lithuania ranked No. 80 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 80.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Lithuania by value through October were the categories of Motor vehicles for transporting people; Cell phones, related equipment; Civilian aircraft, parts; Tractors; and Fish fillets, chilled or frozen, respectively. They accounted for 48.65 percent of total exports to Lithuania.

The value of the top five categories of U.S. imports from Lithuania –– Gasoline, other fuels; Misc. medical chemical re-agents; Furniture, parts; Value added to a returned import; and Laser-based medical equipment, parts –– accounted for 77 percent of all inbound shipments.

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

  • Motor vehicles for transporting people rose 28.99 percent compared to last year to $192.94 million.
  • Cell phones, related equipment rose 553.91 percent compared to last year to $24.57 million.
  • Civilian aircraft, parts rose 23.56 percent compared to last year to $24.44 million.
  • Tractors rose 88.62 percent compared to last year to $24.39 million.
  • Fish fillets, chilled or frozen rose 54.78 percent compared to last year to $20.65 million.

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

  • Gasoline, other fuels fell 18.82 percent compared to last year to $613.32 million.
  • Misc. medical chemical re-agents rose 175.57 percent compared to last year to $123.44 million.
  • Furniture, parts rose 14.42 percent compared to last year to $110.07 million.
  • Value added to a returned import rose 29.62 percent compared to last year to $21.74 million.
  • Laser-based medical equipment, parts rose 48.6 percent compared to last year to $21.04 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.