The objectives of the subject “Foreign Trade, Logistics and Business in Lithuania” are:
To analyze the Lithuanian Economy, Logistics and Global Trade
To conduct research on business opportunities in the Lithuanian Market
To research the trade relations of Lithuania with the student's country
To learn about Lithuanian free trade agreements as a member of the European Union
To develop a business plan for the Lithuanian Market
The Subject “Foreign Trade, Logistics and Business in Lithuania” is included within the curriculum of the following academic programs at EENI Global Business School:
Top Lithuanian economic activities: tourism, agricultural industries, sustainable forestry, textiles, high technology products, biotechnology, shipbuilding and laser technologies
Lithuania ranked 24th in the world in the Index of Ease of Doing Business (WB) and 15th place (out of a total of 178 countries) in the Index of Economic Freedom (Heritage Foundation)
Several global enterprises such as Microsoft, IBM, Transcom, Barclays, Siemens, SEB, TeliaSonera, Paroc, Philip Morris and Thermo Fisher Scientific are in Lithuania
Lithuanian Foreign Trade
The EU is the largest trading partner of Lithuania, with 67%
of total imports and 61.3% of total exports
The Commonwealth of Independent States (CIS) is the second trading partner of Lithuania
Main Lithuanian Exports are minerals, machinery, chemical products, textiles, foods, plastics
Top Lithuanian exports destinations: Russia (15%), Latvia, Germany, Poland, Estonia, the Netherlands, Belarus
Main products imported by Lithuania are minerals, machinery, transport equipment, chemical products, textiles, metals
Main suppliers of Lithuania are Russia (32%), Germany,
Poland, Latvia
As a member of EU, Lithuania is a beneficiary of EU trade agreements with MERCOSUR, Mexico, South Korea, ASEAN, Egypt, Jordan, Lebanon, Ukraine, Moldova, Georgia...
The Port of Klaipeda, without ice, is in the western part of Lithuania. The port is an important regional hub that connects the sea, land and Rail transport routes of the east and west