As we step into 2025, the economic and trade ties between Türkiye and Lithuania continue to show promising momentum. With robust bilateral engagements and emerging market opportunities, both countries are poised to deepen collaboration in key sectors such as manufacturing, technology, energy, and logistics.
In 2024, bilateral trade between Türkiye and Lithuania maintained an impressive volume of over 1 billion USD. Türkiye exported products worth 476.85 million USD to Lithuania, while Lithuania’s exports to Türkiye reached 606.98 million USD – resulting in a trade balance of -130.13 million USD.
As TLCC, we would like to present the main products which take important place between two countries trade relations;
– Türkiye Exports to Lithuania (476.85M USD):
• 8504 – Electrical Transformers, Static Converters (e.g., rectifiers) and Inductors: 37.85M USD
• 2707 – Oils and Other Products from High-Temperature Coal Tar Distillation: 25.48M USD
• 7306 – Other Pipes and Hollow Profiles from Iron/Steel: 21.91M USD
• 8503 – Components for Machinery in Positions 85.01/85.02: 19.02M USD
• 3004 – Pharmaceuticals for Treatment or Protection: 15.07M USD
• 7214 – Rods from Iron or Non-Alloy Steel: 14.36M USD
• 7113 – Jewellery and Components: 14.35M USD
• 8702 – Motor Vehicles for 10+ Passengers (including drivers): 11.89M USD
• 3920 – Other Plastic Sheets, Films, and Foils: 10.65M USD
• 4819 – Boxes, Safes, Bags, etc. from Paper/Cardboard/Cellulose Layers: 8.80M USD
– Türkiye Imports from Lithuania (606.98M USD):
• 7204 – Cast Iron, Iron/Steel Scrap: 445.0M USD
• 8537 – Control/Distribution Equipment with Multiple Devices: 19.37M USD
• 9403 – Other Furniture and Components: 17.74M USD
• 9031 – Profile Projectors: 14.73M USD
• 5601 – Products from Suitable Materials (Scrap): 8.48M USD
• 8526 – Radar Devices, Auxiliary Communication Devices: 5.48M USD
• 8716 – Semi-Trailers and Related Components: 5.48M USD
• 8421 – Centrifuges (Including Drying Machines): 5.22M USD
• 3917 – Hoses, Tubes, and Connectors from Plastic: 3.81M USD
• 9030 – Oscilloscopes, Spectrum Analyzers: 3.29M USD
These figures reflect strong economic ties and significant trade activity between our two nations. As we continue to build on these achievements, we look forward to further collaboration and mutual growth.
