CORPORATE

Slow-down in Europe erodes Lithuanian exports

During the first half of this year, Lithuanian exports shrank 2.4% compared to the corresponding period last year. Because of slow economic growth in Europe, exports to EU countries fell 4%. The Brexit referendum caused […]

CORPORATE

Lithuania’s trade deficit narrows in 2016

Lithuanian foreign trade figures have improved early this year due to growing exports and falling imports. In the first quarter of 2016, Lithuanian exports of products and raw materials amounted to €5.2 billion, while imports […]

CORPORATE

Israeli trade delegation seeks organic food suppliers in Lithuania

The largest Israeli food industry delegation to date is currently on a visit to Lithuania with 50 Lithuanian companies set to meet with representatives of 13 Israeli companies. Israel is particularly interested in organic, vegetarian, […]

CORPORATE

Conquering Scandinavia presents new challenges for exporters

Lithuanian entrepreneurs have been turning away from Russia as their primary market for exports and setting their sight on the Nordic countries. However, different rules apply in Scandinavia, with easy profits hard to come by. […]