2025-10-01
Review of the Balance of Payments services exports and imports for Q2 2025
Today, Lietuvos bankas published the data on the international trade in services for the second quarter of 2025, which shows that:
- exports of services amounted to €6.2 billion in the second quarter of 2025, up by 11.8% year on year, while imports of services stood at €3.7 billion, up by 12.2% year on year, and the surplus of the balance of services (€2.5 billion or 12.3% of gross domestic product (GDP)) grew at an annual rate of 11.3%;
- transport services comprised the largest share of exports and imports of services (45.1% and 45.9% respectively). Over the period under review, the largest surplus was recorded on the balance of road transport services (€1.3 billion), while the largest deficit was observed on the balance of other supporting and auxiliary transport services (€181.8 million);
- exports of services to the European Union (EU) Member States went up by 10.7% year on year and accounted for 74.1% of total exports of services, i.e. this share decreased by 0.7 percentage points within the whole structure of exports of services. Imports of services from the EU Member States rose by 17.3% over the year and stood at 74.1%, i.e. this share increased by 3.2 percentage points within the whole structure of imports of services;
- Germany remained Lithuania’s major partner in exports of services. The volume of exports to this country expanded by 5.2% year on year. Transport (55.4%) and other business (13.0%) services comprised the largest share of total exports of services to Germany;
- Poland was Lithuania’s main partner in imports of services. Imports from this country grew by 0.6% year on year. Transport and travel services (71.6% and 11.9% respectively) comprised the largest share of imports of services from Poland.
International trade in services dashboard
It should be noted that for the calculation of the balance of payment services for the second quarter of 2025, the quarterly and monthly balance of payment services from the first quarter of 2024 to the first quarter of 2025 were revised.
Detailed data on exports and imports of services is available on the Bank of Lithuania website (under External statistics).
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