2022
Exports
$319MWorld Rnk 8 / 140
Flag Rnk 27 / 1208
2022
PRODUCT COMPLEXITY IN Enzymes
1.11Rnk 130 / 1025
2022
Imports
$29.3MWorld Rnk 39 / 200
Flag Rnk 277 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $319M in Enzymes, making it the 8th largest exporter of Enzymes in the world. At the same year, Enzymes was the 27th most exported product in Lithuania. The main destination of Enzymes exports from Lithuania are: United States ($113M), Germany ($113M), Ireland ($21.7M), Austria ($19.9M), and Netherlands ($12.3M).

The fastest growing export markets for Enzymes of Lithuania between 2021 and 2022 were Ireland ($18.3M), Russia ($6.46M), and Austria ($5.94M).

Imports In 2022, Lithuania imported $29.3M in Enzymes, becoming the 39th largest importer of Enzymes in the world. At the same year, Enzymes was the 277th most imported product in Lithuania. Lithuania imports Enzymes primarily from: Denmark ($7.35M), Germany ($5.2M), United States ($4.47M), Netherlands ($2.68M), and China ($2.1M).

The fastest growing import markets in Enzymes for Lithuania between 2021 and 2022 were Denmark ($4.94M), United States ($821k), and South Korea ($765k).

Latest Trends

Oct 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 Enzymes. 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)$319M
IMPORTS (2022)$29.3M
NET TRADE (2022)$290M

In 2022, Lithuania exported $319M in Enzymes. The main destinations of Lithuania exports on Enzymes were United States ($113M), Germany ($113M), Ireland ($21.7M), Austria ($19.9M), and Netherlands ($12.3M).

In 2022, Lithuania imported $29.3M in Enzymes, mainly from Denmark ($7.35M), Germany ($5.2M), United States ($4.47M), Netherlands ($2.68M), and China ($2.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Enzymes EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Ireland$18.3M (527%)
Russia$6.46M (118%)
Austria$5.94M (42.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Enzymes BY Lithuania WERE (2021 - 2022):
United States-$64.2M (-36.2%)
Germany-$47.4M (-29.6%)
China-$8.85M (-87.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Enzymes were:
In 2022, Lithuania's main importing competitors in Enzymes were:

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Trade Value of Enzymes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $3.95M
TOP IMPORT POTENTIALChina+ $778k

Enzymes’s highest export potential is Russia. With an export gap of $3.95M.   Enzymes’s highest import potential is China with an import gap of $778k.

See methodology.

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