2022
Exports
$82.7MWorld Rnk 18 / 195
Flag Rnk 95 / 1208
2022
PRODUCT COMPLEXITY IN Lubricating Products
1.61Rnk 36 / 1025
2022
Imports
$34.5MWorld Rnk 54 / 224
Flag Rnk 248 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $82.7M in Lubricating Products, making it the 18th largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 95th most exported product in Lithuania. The main destination of Lubricating Products exports from Lithuania are: Germany ($12.1M), Russia ($8.47M), United Kingdom ($7.37M), Belarus ($5.47M), and Poland ($4.91M).

The fastest growing export markets for Lubricating Products of Lithuania between 2021 and 2022 were Kazakhstan ($1.99M), Belarus ($1.33M), and Kyrgyzstan ($1.21M).

Imports In 2022, Lithuania imported $34.5M in Lubricating Products, becoming the 54th largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 248th most imported product in Lithuania. Lithuania imports Lubricating Products primarily from: Germany ($11.6M), Poland ($3.28M), Netherlands ($2.88M), Estonia ($2.45M), and Austria ($1.66M).

The fastest growing import markets in Lubricating Products for Lithuania between 2021 and 2022 were Netherlands ($1.5M), Poland ($1.34M), and Germany ($1.3M).

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 Lubricating Products. 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)$82.7M
IMPORTS (2022)$34.5M
NET TRADE (2022)$48.2M

In 2022, Lithuania exported $82.7M in Lubricating Products. The main destinations of Lithuania exports on Lubricating Products were Germany ($12.1M), Russia ($8.47M), United Kingdom ($7.37M), Belarus ($5.47M), and Poland ($4.91M).

In 2022, Lithuania imported $34.5M in Lubricating Products, mainly from Germany ($11.6M), Poland ($3.28M), Netherlands ($2.88M), Estonia ($2.45M), and Austria ($1.66M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lubricating Products EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Kazakhstan$1.99M (85.2%)
Belarus$1.33M (32%)
Kyrgyzstan$1.21M (178%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lubricating Products BY Lithuania WERE (2021 - 2022):
Poland-$4.44M (-47.5%)
Germany-$4.18M (-25.7%)
Russia-$3.42M (-28.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Lubricating Products were:
In 2022, Lithuania's main importing competitors in Lubricating Products were:
China $1.71B

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Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $2.46M
TOP IMPORT POTENTIALFrance+ $712k

Lubricating Products’s highest export potential is Poland. With an export gap of $2.46M.   Lubricating Products’s highest import potential is France with an import gap of $712k.

See methodology.

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