India / Lithuania

Overview In July 2024, India exported $15.5M and imported $13.7M from Lithuania, resulting in a positive trade balance of $1.8M. Between July 2023 and July 2024 the exports of India have decreased by $-11.6M (-42.8%) from $27M to $15.5M, while imports increased by $2.35M (20.7%) from $11.3M to $13.7M.

Trade In July 2024, the top exports of India to Lithuania were Marine Products ($2.15M), Drug Formulations, Biologicals ($1.67M), Electric Machinery And Equipme ($1.47M), Residul Chemicl And Alled Prod ($833k), and Medical And Scientific Instrum ($697k). In July 2024 the top imports of India from Lithuania were Iron And Steel ($4.08M), Medical And Scientific Instrum ($1.19M), Telecom Instruments ($671k), Plywood And Allied Products ($590k), and Electronics Components ($407k).

Growth In July 2024, the decrease in India's year-by-year exports to Lithuania was explained primarily by an decrease in product exports in Electronics Components ($-25.1M or -100%), Bulk Drugs, Drug Intermediates ($-855k or -85.1%), and Marine Products ($-818k or -27.6%). In July 2024, the increase in India's year-by-year imports  from Lithuania was explained primarily by an increase in product imports  in Medical And Scientific Instrum ($1.07M or 932%), Telecom Instruments ($283k or 72.9%), and Electronics Components ($155k or 61.5%).