Trucks on a road

Lithuanian export downturn predicted by producers and exporters

In the upcoming months, Lithuania’s producers and exporters predict a decrease in Lithuanian industrial exports. According to a poll distributed to the heads of industrial companies by Statistics Lithuania, 14 percent of businesses predict a decrease while 17 percent predict an increase (a month ago, these percentages were 12 and 31 percent, respectively). […]

Shibuya district in Tokyo  Photo Ludo Segers

Japan, a business opportunity too far?

Walking through Tokyo Station on a weekday morning with tens of thousands of people leaves the impression of a well orchestrated ballet where the dancers manage to find their way through what looks like a labyrinth of train lines, subway, shopping areas and high speed train lines. Most of these people are the backbone of the innovative Japanese economy. […]


Lithuanian dairy producers one step closer to exporting to China

The Lithuanian Agriculture Ministry, the Lithuanian State Food and Veterinary Service and China‘s General Administration of Quality Supervision, Inspection and Quarantine have signed a protocol requirements for exporting Lithuanian dairy products to China. […]


Russian embargo impact on Lithuanian economy minimal, Swedbank says

Although the volume of exports of Lithuania’s goods and services to Russia shrank significantly due to Moscow’s embargo, which was imposed on a year ago, it has had only a minimal impact on Lithuania’s economy, says Vaiva Šečkutė, senior economist at Swedbank Lithuania. […]

Klaipėdos konteinerių terminalas

Lithuania’s foreign trade deficit stood at EUR 0.2bn in May

Statistics Lithuania reports that, based on non-final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports in May 2015 amounted to EUR 2 billion, imports – EUR 2.2 billion. […]