2023
Exports
$723kWorld Rnk 55 / 118
Flag Rnk 840 / 1204
2023
PRODUCT COMPLEXITY IN Casting Machines
0.64Rnk 309 / 1025
2023
Imports
$261kWorld Rnk 124 / 184
Flag Rnk 1019 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $723k in Casting Machines, making it the 55th largest exporter of Casting Machines in the world. At the same year, Casting Machines was the 840th most exported product in Lithuania. The main destination of Casting Machines exports from Lithuania are: Sweden ($400k), Uzbekistan ($261k), Netherlands ($24.3k), Finland ($17.6k), and Kazakhstan ($10.7k).

The fastest growing export markets for Casting Machines of Lithuania between 2022 and 2023 were Sweden ($400k), Uzbekistan ($198k), and Netherlands ($24k).

Imports In 2023, Lithuania imported $261k in Casting Machines, becoming the 124th largest importer of Casting Machines in the world. At the same year, Casting Machines was the 1019th most imported product in Lithuania. Lithuania imports Casting Machines primarily from: Portugal ($96.5k), Germany ($55k), Ukraine ($19.9k), Estonia ($18.9k), and Czechia ($17.9k).

The fastest growing import markets in Casting Machines for Lithuania between 2022 and 2023 were Portugal ($51.1k), Germany ($50.7k), and Ukraine ($19.9k).

Latest Trends

Dec 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 Casting Machines. 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 (2023)$723k
IMPORTS (2023)$261k
NET TRADE (2023)$462k

In 2023, Lithuania exported $723k in Casting Machines. The main destinations of Lithuania exports on Casting Machines were Sweden ($400k), Uzbekistan ($261k), Netherlands ($24.3k), Finland ($17.6k), and Kazakhstan ($10.7k).

In 2023, Lithuania imported $261k in Casting Machines, mainly from Portugal ($96.5k), Germany ($55k), Ukraine ($19.9k), Estonia ($18.9k), and Czechia ($17.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Casting Machines EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
Sweden$400k (1%)
Uzbekistan$198k (317%)
Netherlands$24k (6.26k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Casting Machines BY Lithuania WERE (2022 - 2023):
Russia-$816k (-100%)
Latvia-$8.75k (-99.9%)
Belarus-$6.32k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lithuania's main exporting competitors in Casting Machines were:
China $1.22B
Italy $396M
In 2023, Lithuania's main importing competitors in Casting Machines were:

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Trade Value of Casting Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelarus+ $10.3k
TOP IMPORT POTENTIALItaly+ $52k

Casting Machines’s highest export potential is Belarus. With an export gap of $10.3k.   Casting Machines’s highest import potential is Italy with an import gap of $52k.

See methodology.

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