Lithuania: Exporter Guide

  |   Attaché Report (GAIN)

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.

Lithuania: Exporter Guide

 

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