Lithuania’s trade deficit narrowed to EUR 643.8 million in July 2026 from EUR 909.2 million in the same month last year, as exports rose much faster than imports. Exports increased 13.6% year-on-year to EUR 3,353.6 million, mainly due to higher exports of mineral fuels, mineral oils and products of their distillation (62.2%), cereals (3.0%), and machinery and mechanical appliances and parts (18.3%). Imports rose 3.5% to EUR 3,997.3 million, amid increased imports of mineral fuels, mineral oils and products of their distillation (17.1%), electrical machinery and equipment and parts (8.8%), and organic chemicals (53.1%). For the January-July period, Lithuania’s trade deficit widened slightly to EUR 4,198.6 million from EUR 4,148.3 million a year ago. During this period, Lithuania’s goods were mainly exported to Latvia, which accounted for 13.4% of total exports, followed by Poland (12.2%) and Germany (9.1%). Imports mainly came from Poland (13.8%), Germany (12.7%), and Latvia (8.4%).