Lithuania Exporter Guide 2016

Report Highlights: Over the next few years Lithuania is expected to continue to achieve solid economic growth. Despite the recent European financial crisis Lithuania showed that it is capable of a remarkable adjustment capacity. Lithuania adopted the Euro currency on January 1, 2015. Investment and domestic demand are expected to be increasingly important drivers of the economy. Lithuania is in a good position to serve as a distributor for all three Baltic Countries (Lithuania, Latvia and Estonia) for agro-food products from the United States. In 2015 Lithuania imported agricultural and fish products worth U.S. $4 billion with U.S. sourced imports worth U.S. $75 million. Products from the U.S. that have good sales potential on the Lithuanian market include: fish and seafood products, nuts, wines and distilled spirits, highly processed and functional ingredients.

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