Business in Lithuania (edition 2023)

Trade

 

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In 2022, the turnover (VAT excluded) of retail and wholesale trade enterprises, enterprises engaged in wholesale and reatail trade and repair of motor vehicles and motorcycles, as well as food and beverage service enterprises increased.

In 2022, against the previous year, the turnover of retail trade enterprises increased by 0.8 per cent at constant prices. Against the previous year, the turnover of retail trade enterprises trading in food products, alcoholic beverages and tobacco products decreased by 5.9 per cent, of those trading in non-food products – increased by 3.9 per cent, of those engaged in retail trade of automotive fuel – by 6 per cent at constant prices.

Against 2021, the turnover of enterprises engaged in the wholesale and retail trade and repair of motor vehicles and motorcycles increased by 9.8 per cent at constant prices.

In 2022, against 2021, the turnover of food and beverage service enterprises increased by 39.9 per cent at constant prices.

In 2022, the turnover of wholesale enterprises, against the previous year, increased by 2.3 per cent at constant prices.


Turnover (VAT excluded) indices of wholesale and retail trade, motor vehicles, catering enterprises
Compared to the previous period, 2015 – 100

The latest and detailed data are available in the Database of Indicators

 

Turnover (VAT excluded) indices of wholesale and retail trade, motor vehicles, catering enterprises by kind of economic activity, 2022
Compared to 2015, 2015 – 100

Created with Highcharts 6.1.4G45G46G47G47(–G473)G4711–G472G4719–G474–G479G4730I560102030405060708090100110120130140150160170180190200210220

The latest and detailed data are available in the Database of Indicators


Kind of economic activity

G45

Wholesale and retail trade and repair of motor vehicles and motorcycles

G46

Wholesale trade, except of motor vehicles and motorcycles

G47

Retail trade, except of motor vehicles and motorcycles

G4730

Retail sale of automotive fuel in specialised stores

G47(–G473)

Retail trade, except of motor vehicles, motorcycles and fuel

G4711–G472

Retail sale of food, beverages and tobacco

G4719–G474–G479

Retail sale of non-food products

I56

Food and beverage service activities

 

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Turnover of retail trade, motor vehicles, catering enterprises (VAT excluded)

Turnover of wholesale trade enterprises (VAT excluded)

 

In 2022, according to the final data obtained from customs declarations and Intrastat reporting data, exports of goods amounted to EUR 44.31 billion, imports – EUR 52.54 billion. Exports of goods of Lithuanian origin amounted to EUR 27.31 billion. Deficit of international trade in goods amounted to EUR 8.23 billion.

In 2022, compared to the same period of 2021, exports increased by 28.5, imports – 39.4 per cent.

In 2022, the largest share in exports fell within mineral products (16.9 per cent), chemical and allied industries (12.3 per cent), machinery and mechanical appliances, electrical equipment (11.5 per cent), while in imports – mineral products (28.5 per cent), machinery and mechanical appliances, electrical equipment (14.8 per cent), and chemical and allied products (11.3 per cent). As for the goods of Lithuanian origin, the largest share in exports fell within mineral products (19.9 per cent), miscellaneous manufactured articles (11.4 per cent), products of the chemical and allied industries (10.3 per cent), prepared foodstuffs, beverages and spirits, tobacco and manufactured tobacco substitutes (8.4 per cent).

In 2022, the most important partners in exports were Latvia (12.9 per cent), Poland (9 per cent), Germany (7.9 per cent), while in imports – Poland (11.7 per cent), Germany (11.6 per cent), Latvia (7.9 per cent). Most of the goods of Lithuanian origin were exported to Germany (9.7 per cent), Poland (9 per cent), Latvia (8.7 per cent), the United States (7.8 per cent), and the Netherlands (7.5 per cent).

The biggest proportion of goods was exported to the EU member states – 62.2 per cent of total exports. The biggest proportion of imports was also from the EU member states – 63.3 per cent of total imports.


Exports and imports of goods

   EUR thousand

The latest and detailed data are available in the Database of Indicators

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Exports and imports of goods by country and territory

Exports and imports of goods by Combined Nomenclature chapter

 

Statistical information on the past, present or future changes in the economic activities of retail trade enterprises, retail trade confidence indicator that characterizes changes and tendencies of trade activity has been prepared by applying data of the statistical survey of trade enterprises, also known as business opinion survey. Statistical survey is intended for short-term economic analysis and forecast, i.e. to foresee economic activity relations and growth periods, to establish present economic state in the country and trend of business activity changes. More specifically, such data are increasingly used in predicting turning points in the economic cycle.


Trade confidence indicator

   Per cent

The latest and detailed data are available in the Database of Indicators

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Business activity change over the past 3 months

Business activity expectations for the next 3 months

Assessment of the stock level


For further terms, see the Dictionary of Statistical Terms.