2022
Exports
$1.88MWorld Rnk 54 / 124
Flag Rnk 719 / 1208
2022
PRODUCT COMPLEXITY IN Large Flat-Rolled Iron
0.61Rnk 318 / 1025
2022
Imports
$23MWorld Rnk 43 / 201
Flag Rnk 322 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $1.88M in Large Flat-Rolled Iron, making it the 54th largest exporter of Large Flat-Rolled Iron in the world. At the same year, Large Flat-Rolled Iron was the 719th most exported product in Lithuania. The main destination of Large Flat-Rolled Iron exports from Lithuania are: Latvia ($886k), Poland ($417k), Netherlands ($187k), Russia ($171k), and Estonia ($126k).

The fastest growing export markets for Large Flat-Rolled Iron of Lithuania between 2021 and 2022 were Latvia ($777k), Poland ($258k), and Netherlands ($163k).

Imports In 2022, Lithuania imported $23M in Large Flat-Rolled Iron, becoming the 43rd largest importer of Large Flat-Rolled Iron in the world. At the same year, Large Flat-Rolled Iron was the 322nd most imported product in Lithuania. Lithuania imports Large Flat-Rolled Iron primarily from: Poland ($8.29M), Germany ($5.95M), Sweden ($3.94M), Czechia ($1.65M), and Italy ($778k).

The fastest growing import markets in Large Flat-Rolled Iron for Lithuania between 2021 and 2022 were Czechia ($431k), Slovakia ($362k), and Norway ($310k).

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 Large Flat-Rolled Iron. 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)$1.88M
IMPORTS (2022)$23M
NET TRADE (2022)-$21.1M

In 2022, Lithuania exported $1.88M in Large Flat-Rolled Iron. The main destinations of Lithuania exports on Large Flat-Rolled Iron were Latvia ($886k), Poland ($417k), Netherlands ($187k), Russia ($171k), and Estonia ($126k).

In 2022, Lithuania imported $23M in Large Flat-Rolled Iron, mainly from Poland ($8.29M), Germany ($5.95M), Sweden ($3.94M), Czechia ($1.65M), and Italy ($778k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Flat-Rolled Iron EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Latvia$777k (711%)
Poland$258k (163%)
Netherlands$163k (662%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Flat-Rolled Iron BY Lithuania WERE (2021 - 2022):
Sweden-$290k (-99.7%)
Finland-$136k (-92.1%)
Russia-$132k (-43.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Large Flat-Rolled Iron were:
Germany $1.46B
Italy $674M
China $504M
In 2022, Lithuania's main importing competitors in Large Flat-Rolled Iron were:

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Trade Value of Large Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $389k
TOP IMPORT POTENTIALGermany+ $682k

Large Flat-Rolled Iron’s highest export potential is Poland. With an export gap of $389k.   Large Flat-Rolled Iron’s highest import potential is Germany with an import gap of $682k.

See methodology.

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