Export, investments and tourism promotion

Created: 2014.02.10 / Updated: 2022.07.26 09:59

Foreign Trade

In 2021, Lithuanian exports accounted for EUR 34.6 billion and, as compared to 2020, increased by 20.5%.

TOP 3: Russia – 10.8%, Latvia – 9.3 %, Germany – 8.2 %

Source: Statistics Lithuania

The largest share in Lithuania’s exports fell within the categories of chemicals and chemical products (15% of total exports), food products (9%) and refined petroleum products (9%).

In 2021, Lithuanian imports accounted for EUR 37.8 billion and, as compared to 2020, increased by 29.6%.

TOP 3: Germany – 12.8%, Poland – 12.1%, Russia – 11.9%

Source: Statistics Lithuania

The largest share in Lithuania’s imports fell within the categories of chemicals and chemical products (12% of total imports), crude petroleum and natural gas (11%) and machinery (8%).

Main foreign investors, 2021

TOP 3: Germany – 21.1%, Sweden– 15.6%, Estonia – 10.9%

Source: Statistics Lithuania

FDI: In 2021, the FDI in Lithuania amounted to EUR 25.89 billion, a year-on-year increase of 8%.

Lithuania’s DI abroad: In 2021, the largest Lithuanian investment flows were directed to the US, Latvia, Estonia, and Cyprus. Lithuania’s cumulative DI abroad increased by 11% over the year and amounted to EUR 9.54 billion on 31 December 2021.

Source: Statistics Lithuania

Tourism

In 2021, Lithuanian accommodation services have welcomed 0.51 million tourists from foreign countries. The amount decreased by 1.2%, as compared to 2020.