The Bank of Lithuania released balance of payments statistics on international trade in services for the second quarter of 2025. Services exports rose 11.8% year on year to EUR 6.2 billion and imports increased 12.2% to EUR 3.7 billion, lifting the services surplus to EUR 2.5 billion, equivalent to 12.3% of gross domestic product (GDP), up 11.3% year on year. Transport services accounted for the largest shares of both exports and imports (45.1% and 45.9% respectively). The biggest surplus was recorded in road transport services (EUR 1.3 billion), while the largest deficit was in other supporting and auxiliary transport services (EUR 181.8 million). Exports to European Union Member States increased 10.7% and represented 74.1% of total services exports (down 0.7 percentage points), while imports from the EU rose 17.3% and also made up 74.1% of total services imports (up 3.2 percentage points). Germany remained the main export partner (exports up 5.2%), dominated by transport (55.4%) and other business services (13.0%); Poland was the main import partner (imports up 0.6%), led by transport (71.6%) and travel services (11.9%). For compiling the second-quarter 2025 services balance of payments, the Bank revised quarterly and monthly services data from the first quarter of 2024 to the first quarter of 2025. The release points users to the international trade in services dashboard and to detailed tables on the Bank of Lithuania website, including via its My Data Sets tool.
Bank of Lithuania 2025-10-01
Bank of Lithuania publishes Q2 2025 services trade data showing EUR 6.2bn exports and a EUR 2.5bn surplus
The Bank of Lithuania reported a 11.8% increase in services exports to EUR 6.2 billion and a 12.2% rise in imports to EUR 3.7 billion for Q2 2025, resulting in a services surplus of EUR 2.5 billion, or 12.3% of GDP. Transport services dominated both exports and imports, with the largest surplus in road transport services. The Bank also revised services data from Q1 2024 to Q1 2025.