Changes in the Lithuanian foreign trade during the global crisis

These processes must be considered; they will inevitably recur, it is necessary to learn from the past in order to avoid mistakes in the future; Findings – at the beginning of the crisis, the Lithuanian foreign trade turnover and exports were contracting faster than GDP. In the middle of the crisis, at the beginning of 2010, the importance of exports was emphasized to come out of the crisis. Thanks to these efforts, as well as due to recovery of foreign markets, exports began to grow, which led to the development of production. The crisis has caused some other changes in the Lithuanian foreign trade structure by partner countries; Research limitations/implications – Lithuania export dynamics has caused quick recovery of the country‘s economy. The volume of exports of goods was increased by traditional sectors. Markets of non-EU countries are becoming more and more important. The Lithuanian economy experienced a structural break - a switch from the internal to the external market demand; Practical implications – The analysis highlights the need for properly identifying of economic, foreign trade policy facilities during the change of economic conditions; Originality/Value – The article provides a detail analysis of changes in the Lithuanian foreign trade trends, the country's trade with major groups of countries and individual countries.