2022
Exports
$230kWorld Rnk 61 / 131
Flag Rnk 1005 / 1208
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt
-0.98Rnk 835 / 1025
2022
Imports
$1.78MWorld Rnk 54 / 189
Flag Rnk 831 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $230k in Bitumen and asphalt, making it the 61st largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 1005th most exported product in Lithuania. The main destination of Bitumen and asphalt exports from Lithuania are: Trinidad and Tobago ($165k), Latvia ($30.8k), Netherlands ($16.9k), Russia ($16.5k), and Estonia ($60).

The fastest growing export markets for Bitumen and asphalt of Lithuania between 2021 and 2022 were Trinidad and Tobago ($165k), Russia ($12.3k), and Netherlands ($11.2k).

Imports In 2022, Lithuania imported $1.78M in Bitumen and asphalt, becoming the 54th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 831st most imported product in Lithuania. Lithuania imports Bitumen and asphalt primarily from: Poland ($1.15M), Latvia ($617k), Portugal ($14.6k), Netherlands ($937), and France ($17).

The fastest growing import markets in Bitumen and asphalt for Lithuania between 2021 and 2022 were Latvia ($617k), Portugal ($3.57k), and Netherlands ($836).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Bitumen and asphalt. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$230k
IMPORTS (2022)$1.78M
NET TRADE (2022)-$1.55M

In 2022, Lithuania exported $230k in Bitumen and asphalt. The main destinations of Lithuania exports on Bitumen and asphalt were Trinidad and Tobago ($165k), Latvia ($30.8k), Netherlands ($16.9k), Russia ($16.5k), and Estonia ($60).

In 2022, Lithuania imported $1.78M in Bitumen and asphalt, mainly from Poland ($1.15M), Latvia ($617k), Portugal ($14.6k), Netherlands ($937), and France ($17).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Russia$12.3k (297%)
Netherlands$11.2k (193%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Lithuania WERE (2021 - 2022):
Tanzania-$722k (-100%)
Latvia-$272k (-89.8%)
French Polynesia-$68.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Bitumen and asphalt were:
In 2022, Lithuania's main importing competitors in Bitumen and asphalt were:
Egypt $206M
Canada $78.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $925
TOP IMPORT POTENTIALNetherlands+ $4.23k

Bitumen and asphalt’s highest export potential is France. With an export gap of $925.   Bitumen and asphalt’s highest import potential is Netherlands with an import gap of $4.23k.

See methodology.

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