Crude Petroleum in Lithuania | The Observatory of Economic Complexity

About

Exports In 2022, Lithuania exported $69.3M in Crude Petroleum, making it the 79th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 117th most exported product in Lithuania. The main destination of Crude Petroleum exports from Lithuania are: Spain ($52.5M), Poland ($16.8M), and Netherlands ($5.22k).

The fastest growing export markets for Crude Petroleum of Lithuania between 2021 and 2022 were Spain ($21.4M), Poland ($4.63M), and Netherlands ($5.14k).

Imports In 2022, Lithuania imported $4.81B in Crude Petroleum, becoming the 31st largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most imported product in Lithuania. Lithuania imports Crude Petroleum primarily from: Saudi Arabia ($1.94B), United Kingdom ($938M), Russia ($671M), Norway ($656M), and Kazakhstan ($351M).

The fastest growing import markets in Crude Petroleum for Lithuania between 2021 and 2022 were Saudi Arabia ($1.94B), United Kingdom ($938M), and Norway ($656M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Crude Petroleum from Lithuania to the United States.

Feb 2024

View

LinePlot

StackedArea

Flow

Exports

Imports

Y-AXIS SCALE

Linear

Log

Value

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 Crude Petroleum. Countries are shown based on data availability.

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

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$69.3M

IMPORTS (2022)$4.81B

NET TRADE (2022)-$4.74B

In 2022, Lithuania exported $69.3M in Crude Petroleum. The main destinations of Lithuania exports on Crude Petroleum were Spain ($52.5M), Poland ($16.8M), and Netherlands ($5.22k).

In 2022, Lithuania imported $4.81B in Crude Petroleum, mainly from Saudi Arabia ($1.94B), United Kingdom ($938M), Russia ($671M), Norway ($656M), and Kazakhstan ($351M).