2023
Exports
$140MWorld Rnk 20 / 192
Flag Rnk 60 / 1204
2023
PRODUCT COMPLEXITY IN Industrial Food Preperation Machinery
0.71Rnk 278 / 1025
2023
Imports
$95.4MWorld Rnk 41 / 219
Flag Rnk 96 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $140M in Industrial Food Preperation Machinery, making it the 20th largest exporter of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 60th most exported product in Lithuania. The main destination of Industrial Food Preperation Machinery exports from Lithuania are: Russia ($95.9M), Belarus ($11M), Denmark ($6.32M), Kazakhstan ($5.48M), and Latvia ($2.65M).

The fastest growing export markets for Industrial Food Preperation Machinery of Lithuania between 2022 and 2023 were Russia ($42.2M), Belarus ($9.63M), and Denmark ($2.52M).

Imports In 2023, Lithuania imported $95.4M in Industrial Food Preperation Machinery, becoming the 41st largest importer of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 96th most imported product in Lithuania. Lithuania imports Industrial Food Preperation Machinery primarily from: Denmark ($20.1M), Netherlands ($16.7M), Italy ($14.5M), Germany ($9.02M), and Poland ($7.87M).

The fastest growing import markets in Industrial Food Preperation Machinery for Lithuania between 2022 and 2023 were Denmark ($11.4M), Netherlands ($9.44M), and Latvia ($4.66M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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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 Industrial Food Preperation Machinery. 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)$140M
IMPORTS (2023)$95.4M
NET TRADE (2023)$44.2M

In 2023, Lithuania exported $140M in Industrial Food Preperation Machinery. The main destinations of Lithuania exports on Industrial Food Preperation Machinery were Russia ($95.9M), Belarus ($11M), Denmark ($6.32M), Kazakhstan ($5.48M), and Latvia ($2.65M).

In 2023, Lithuania imported $95.4M in Industrial Food Preperation Machinery, mainly from Denmark ($20.1M), Netherlands ($16.7M), Italy ($14.5M), Germany ($9.02M), and Poland ($7.87M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Industrial Food Preperation Machinery EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
Russia$42.2M (78.8%)
Belarus$9.63M (680%)
Denmark$2.52M (66.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Food Preperation Machinery BY Lithuania WERE (2022 - 2023):
United States-$1.66M (-82.9%)
Norway-$1.27M (-60.8%)
Switzerland-$1.05M (-86%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lithuania's main exporting competitors in Industrial Food Preperation Machinery were:
In 2023, Lithuania's main importing competitors in Industrial Food Preperation Machinery were:

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Trade Value of Industrial Food Preperation Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $2.72M
TOP IMPORT POTENTIALGermany+ $2.07M

Industrial Food Preperation Machinery’s highest export potential is United States. With an export gap of $2.72M.   Industrial Food Preperation Machinery’s highest import potential is Germany with an import gap of $2.07M.

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