2023
Exports
$104MWorld Rnk 50 / 224
Flag Rnk 74 / 1204
2023
PRODUCT COMPLEXITY IN Centrifuges
1.22Rnk 101 / 1025
2023
Imports
$159MWorld Rnk 63 / 225
Flag Rnk 57 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $104M in Centrifuges, making it the 50th largest exporter of Centrifuges in the world. At the same year, Centrifuges was the 74th most exported product in Lithuania. The main destination of Centrifuges exports from Lithuania are: Germany ($11.4M), Denmark ($9.72M), Latvia ($6.58M), Norway ($6.24M), and United States ($5.05M).

The fastest growing export markets for Centrifuges of Lithuania between 2022 and 2023 were Germany ($4.46M), Uzbekistan ($2.61M), and Denmark ($2.34M).

Imports In 2023, Lithuania imported $159M in Centrifuges, becoming the 63rd largest importer of Centrifuges in the world. At the same year, Centrifuges was the 57th most imported product in Lithuania. Lithuania imports Centrifuges primarily from: Germany ($36.2M), Poland ($34.5M), France ($9.55M), Finland ($8.69M), and Italy ($8.59M).

The fastest growing import markets in Centrifuges for Lithuania between 2022 and 2023 were Poland ($3.77M), Finland ($3.46M), and Estonia ($2.67M).

COMPANIES In 2024, leading companies such as Arhaus (1) were at the forefront of shipping Centrifuges from Lithuania to the United States.

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 Centrifuges. 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)$104M
IMPORTS (2023)$159M
NET TRADE (2023)-$54.8M

In 2023, Lithuania exported $104M in Centrifuges. The main destinations of Lithuania exports on Centrifuges were Germany ($11.4M), Denmark ($9.72M), Latvia ($6.58M), Norway ($6.24M), and United States ($5.05M).

In 2023, Lithuania imported $159M in Centrifuges, mainly from Germany ($36.2M), Poland ($34.5M), France ($9.55M), Finland ($8.69M), and Italy ($8.59M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Centrifuges EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
Germany$4.46M (63.9%)
Uzbekistan$2.61M (150%)
Denmark$2.34M (31.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Centrifuges BY Lithuania WERE (2022 - 2023):
Russia-$11.5M (-77.7%)
Kazakhstan-$11.1M (-84.9%)
Turkey-$9.32M (-85.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lithuania's main exporting competitors in Centrifuges were:
In 2023, Lithuania's main importing competitors in Centrifuges were:

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Trade Value of Centrifuges by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $9.41M
TOP IMPORT POTENTIALPoland+ $10.6M

Centrifuges’s highest export potential is Germany. With an export gap of $9.41M.   Centrifuges’s highest import potential is Poland with an import gap of $10.6M.

See methodology.

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