2023
Exports
$181MWorld Rnk 18 / 153
Flag Rnk 42 / 1204
2023
PRODUCT COMPLEXITY IN Fuel Wood
-0.55Rnk 721 / 1025
2023
Imports
$65.1MWorld Rnk 29 / 201
Flag Rnk 148 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $181M in Fuel Wood, making it the 18th largest exporter of Fuel Wood in the world. At the same year, Fuel Wood was the 42nd most exported product in Lithuania. The main destination of Fuel Wood exports from Lithuania are: Latvia ($44.7M), United Kingdom ($23.6M), Denmark ($22.1M), Italy ($17.8M), and Finland ($13.9M).

The fastest growing export markets for Fuel Wood of Lithuania between 2022 and 2023 were Finland ($8.1M), Sweden ($3.23M), and Slovakia ($1.38M).

Imports In 2023, Lithuania imported $65.1M in Fuel Wood, becoming the 29th largest importer of Fuel Wood in the world. At the same year, Fuel Wood was the 148th most imported product in Lithuania. Lithuania imports Fuel Wood primarily from: Latvia ($39.7M), Ukraine ($10.3M), Vietnam ($7.09M), Poland ($1.91M), and Slovenia ($1.77M).

The fastest growing import markets in Fuel Wood for Lithuania between 2022 and 2023 were Vietnam ($7M), Ukraine ($6.33M), and Slovenia ($1.38M).

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 Fuel Wood. 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)$181M
IMPORTS (2023)$65.1M
NET TRADE (2023)$116M

In 2023, Lithuania exported $181M in Fuel Wood. The main destinations of Lithuania exports on Fuel Wood were Latvia ($44.7M), United Kingdom ($23.6M), Denmark ($22.1M), Italy ($17.8M), and Finland ($13.9M).

In 2023, Lithuania imported $65.1M in Fuel Wood, mainly from Latvia ($39.7M), Ukraine ($10.3M), Vietnam ($7.09M), Poland ($1.91M), and Slovenia ($1.77M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fuel Wood EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
Finland$8.1M (139%)
Sweden$3.23M (281%)
Slovakia$1.38M (69.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fuel Wood BY Lithuania WERE (2022 - 2023):
Italy-$23.7M (-57.2%)
Germany-$12.3M (-71.2%)
Denmark-$9.39M (-29.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Fuel Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $6.07M
TOP IMPORT POTENTIALPoland+ $2.04M

Fuel Wood’s highest export potential is United Kingdom. With an export gap of $6.07M.   Fuel Wood’s highest import potential is Poland with an import gap of $2.04M.

See methodology.

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