2022
Exports
$2.12MWorld Rnk 39 / 133
Flag Rnk 693 / 1208
2022
PRODUCT COMPLEXITY IN Felt
0.56Rnk 340 / 1025
2022
Imports
$4.8MWorld Rnk 54 / 206
Flag Rnk 647 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $2.12M in Felt, making it the 39th largest exporter of Felt in the world. At the same year, Felt was the 693rd most exported product in Lithuania. The main destination of Felt exports from Lithuania are: Germany ($344k), France ($326k), Russia ($320k), Sweden ($235k), and Poland ($211k).

The fastest growing export markets for Felt of Lithuania between 2021 and 2022 were Sweden ($84.9k), Japan ($57.7k), and Finland ($54.4k).

Imports In 2022, Lithuania imported $4.8M in Felt, becoming the 54th largest importer of Felt in the world. At the same year, Felt was the 647th most imported product in Lithuania. Lithuania imports Felt primarily from: Germany ($1.4M), Spain ($681k), Denmark ($590k), United Kingdom ($575k), and Finland ($506k).

The fastest growing import markets in Felt for Lithuania between 2021 and 2022 were Finland ($203k), Denmark ($118k), and Belgium ($44.7k).

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 Felt. 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)$2.12M
IMPORTS (2022)$4.8M
NET TRADE (2022)-$2.68M

In 2022, Lithuania exported $2.12M in Felt. The main destinations of Lithuania exports on Felt were Germany ($344k), France ($326k), Russia ($320k), Sweden ($235k), and Poland ($211k).

In 2022, Lithuania imported $4.8M in Felt, mainly from Germany ($1.4M), Spain ($681k), Denmark ($590k), United Kingdom ($575k), and Finland ($506k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Felt EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Sweden$84.9k (56.6%)
Japan$57.7k (1%)
Finland$54.4k (67.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Felt BY Lithuania WERE (2021 - 2022):
Germany-$180k (-34.3%)
Russia-$129k (-28.6%)
Poland-$64k (-23.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Felt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $169k
TOP IMPORT POTENTIALChina+ $182k

Felt’s highest export potential is Poland. With an export gap of $169k.   Felt’s highest import potential is China with an import gap of $182k.

See methodology.

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