2023
Exports
$29.3MWorld Rnk 42 / 164
Flag Rnk 223 / 1204
2023
PRODUCT COMPLEXITY IN Iron Blocks
-0.47Rnk 688 / 1025
2023
Imports
$107MWorld Rnk 42 / 220
Flag Rnk 87 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $29.3M in Iron Blocks, making it the 42nd largest exporter of Iron Blocks in the world. At the same year, Iron Blocks was the 223rd most exported product in Lithuania. The main destination of Iron Blocks exports from Lithuania are: Latvia ($12.3M), Sweden ($8.16M), Poland ($3.06M), Estonia ($1.83M), and Finland ($773k).

The fastest growing export markets for Iron Blocks of Lithuania between 2022 and 2023 were Sweden ($4.5M), Iceland ($488k), and Germany ($141k).

Imports In 2023, Lithuania imported $107M in Iron Blocks, becoming the 42nd largest importer of Iron Blocks in the world. At the same year, Iron Blocks was the 87th most imported product in Lithuania. Lithuania imports Iron Blocks primarily from: Poland ($66.3M), Germany ($16.9M), Latvia ($8.44M), Estonia ($7.45M), and Czechia ($1.81M).

The fastest growing import markets in Iron Blocks for Lithuania between 2022 and 2023 were China ($695k), United Kingdom ($651k), and Netherlands ($460k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Iron Blocks. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$29.3M
IMPORTS (2023)$107M
NET TRADE (2023)-$77.4M

In 2023, Lithuania exported $29.3M in Iron Blocks. The main destinations of Lithuania exports on Iron Blocks were Latvia ($12.3M), Sweden ($8.16M), Poland ($3.06M), Estonia ($1.83M), and Finland ($773k).

In 2023, Lithuania imported $107M in Iron Blocks, mainly from Poland ($66.3M), Germany ($16.9M), Latvia ($8.44M), Estonia ($7.45M), and Czechia ($1.81M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Blocks EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
Sweden$4.5M (123%)
Iceland$488k (24.6k%)
Germany$141k (190%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Blocks BY Lithuania WERE (2022 - 2023):
Poland-$2.58M (-45.7%)
Finland-$1.84M (-70.4%)
Russia-$1.32M (-84.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Lithuania's main exporting competitors in Iron Blocks were:
China $2.69B
Spain $1.83B
Germany $1.64B
In 2023, Lithuania's main importing competitors in Iron Blocks were:

Explore Visualizations

Trade Value of Iron Blocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $2.1M
TOP IMPORT POTENTIALTurkey+ $2.74M

Iron Blocks’s highest export potential is Poland. With an export gap of $2.1M.   Iron Blocks’s highest import potential is Turkey with an import gap of $2.74M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with