Lithuanian exports

The Bank of Lithuania projects the country’s economy to shrink by 0.2% this year. Projections have been upgraded by 0.4% compared with September’s forecast of 0.6% economic decline.

Asta Skaisgirytė, chief foreign affairs adviser to the president, says friendly relations between Taiwan and Lithuania have not brought any significant investment and economic benefit yet. However, she is optimistic that the Taiwanese investment in Lithuania will rise eventually.

The COVID-19 pandemic has affected the education system worldwide. Many learning and teaching processes today take place online. Although such processes are not new, according to Vladas Lašas, Chairman of the Board of the Lithuanian Business Angels Network (LitBAN.LT), the changes were there, but th...

Entrepreneurship and export development agency “Enterprise Lithuania” indicates that due to COVID-19 pandemic Lithuanian exports of services could shrink by 10 to 25 percent. Technology and communications sector is listed among the most affected. However, leading Lithuanian technology companies are ...

The weakening of Norway's krone against the euro has not yet hit Lithuanian exports to the market, but exporters say they have already begun to feel pressure to cut product and service prices in talks with their Norwegian partners, the business daily Verslo Zinios reported on Tuesday.

US tariffs on 7.5 billion US dollars’ worth of EU goods, imposed by President Donald Trump last week, will only affect 0.12 percent of Lithuanian exports to America.

A growing economy not only strengthens a country‘s image abroad, but also means better living conditions for its people. Lithuanian economists predict that this year the Lithuanian economy will grow far more rapidly than last year. Exports, however, will not be the main factor of this.

In August 2014, Russia banned a number of imports from the EU. Lithuanian dairy producers were particularly hard-hit by the embargo. Two years later, some of them have found other markets, while others are struggling to replace former revenues.

A Lithuanian furniture maker has been forced to freeze plans of investment after the United Kingdom, its biggest export market, voted to leave the European Union. To read this article, try a €5.99 monthly subscription by clicking here.

Lithuania has received certificates from China, allowing the country's dairy producers to export their products to Asia's biggest market.

It will take three to four years for Lithuania's economy to reach where Estonia is today, says Rokas Grajauskas, economist for Danske Bank.

Lithuanian Prime Minister Algirdas Butkevičius met his Chinese counterpart Li Keqiang at an Asian business and politics forum. Butkevičius discussed the possibility of exporting Lithuanian dairy products to China and using the services of Lithuania's Klaipėda port and railways to import Chinese good...