According to the South China Morning Post (SCMP), Lithuania’s exports to China experienced a near-total collapse in December last year.
On Thursday, Jan. 20, Chinese customs confirmed that shipments from Lithuania to China fell 91.4% in December last year, compared to a year prior.
Compared to Nov. 2021, the drop was 91.1%, proving Lithuanian exporters’ claims to be locked out of the Chinese market.
China was dissatisfied when Lithuania allowed Taiwan to open a representative office in Vilnius, commonly called Taipei Representative Offices. Soon, businesses reported that Lithuania had been removed from the Chinese customs system, making them unable to complete shipments.
Just $3.8 million worth of Lithuanian goods entered Chinese ports last month, compared to $43.1 million a year earlier or $42.8 million just a month prior.
Sectors crucial to the Lithuanian economy faced total obliteration from the Chinese market, including unwrought copper-zinc alloy and wood products such as fir.
According to SCMP’s EU sources, Beijing continues to deny it’s waging a coordinated campaign against Lithuania, instead claiming that its businesses have just decided not to buy goods from nations that have “attacked China’s sovereignty.”
The Chinese regime claims Lithuania violates the EU’s one-China policy, which both Vilnius and Brussels deny.
Lithuania is one of the EU member states least dependent on trade with China.
However, China exerts pressure on global corporations, compelling them to eliminate Lithuanian suppliers or risk being barred from the Chinese market.
According to SCMP, businesses from Germany, France, and Sweden have said that their shipments were held at Chinese ports because they contained parts manufactured in Lithuania.