Friday, the Statistics Lithuania said in a report that the trade deficit narrowed to LTL1.027 billion in the first quarter from a LTL5.382 billion deficit in the same period the previous year.

Exports dropped 25.1% year-on-year to LTL9.424 billion, while imports fell 41.8% to LTL10.451 billion in the first quarter.

In March, exports rose 1% while imports declined 7.7% from the previous month.

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