Lithuanian Exports to China Take Massive Hit During Political Scuffle
Trade between China and Lithuania took a massive dive in the first two months of 2022 amid political turmoil between the two nations. According to data from China's General administration of Customs, the imports to China from Lithuania dropped 88.5%…
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compared with the same two-month period in 2021. For all of 2021, Lithuanian imports dropped nearly 17%. The political spat emerged when a Taiwan consular office opened in Vilnius in November (see 2112090012). China buys mainly wheat, refined copper and furniture from Lithuania, according to Observatory of Economic Complexity data.