Economic Relations

Estonia and Lithuania have close and diverse economic and trade relations, based on historical ties and the common market resulting from their membership of the European Union. Both countries also cooperate in the areas of energy, transport and digital technology, promoting joint regional economic growth. Lithuania is one of Estonia’s important trading partners in the Baltic Sea region.

Trade

In 2024, the value of goods exported from Estonia to Lithuania was 1.41 billion euros, making the country Estonia’s 4th trading partner.

Recently, exports have been driven by transport equipment, which accounts for nearly a third of total exports. This is followed by machinery and mechanical equipment, electrical equipment and parts thereof, products of the chemical and allied industries, metals and metal products, and prepared food products.

In 2024, exports of services amounted to 594.6 million euros and imports of services amounted to 688.4 million euros.

Lithuania’s largest imports to Estonia are mineral fuels, pharmaceuticals and electrical equipment. Economic cooperation includes trade, investment and technological development. Imports amounted to 2.23 billion euros in 2024.

Updated and more detailed information on Estonian-Lithuanian trade relations can be found on the website of Statistics Estonia.

Direct Investments

According to the Bank of Estonia (as of 31.03.2025), Lithuania has made direct investments in Estonia of 1.33 billion, which is 3.84% of total direct investments in Estonia. Lithuania has made the most direct investments in the finance and insurance sector, worth 651 million. This is followed by investments in the wholesale and retail trade sector worth 397 million euros and in real estate activities worth 78 million euros.

Estonia has made direct investments in Lithuania worth 3 billion euros, which is 22.4% of all investments abroad. The largest investments have been made in the finance and insurance sector, which amounts to 1.14 billion euros. Then there have been investments in real estate worth 543 million euros, in wholesale and retail trade worth 367 million euros, and in construction worth 316 million euros.

Tourism

In 2024, 168,370 Lithuanian residents visited Estonia, compared to 157,155 visits the previous year. This represents an annual growth of 6.67%.

Estonian residents visited Lithuania a total of 148,883 times in 2024, compared to 152,826 times in the previous year (an annual decrease of 2.65%).

E-residents

As of May 2025, there are 1,455 Lithuanian citizens who are e-residents, of whom 320 have registered their companies in Estonia.