2022
Exports
$267kWorld Rnk 55 / 116
Flag Rnk 991 / 1208
2022
PRODUCT COMPLEXITY IN Magnesium Carbonate
-0.46Rnk 685 / 1025
2022
Imports
$1.01MWorld Rnk 79 / 172
Flag Rnk 908 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $267k in Magnesium Carbonate, making it the 55th largest exporter of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 991st most exported product in Lithuania. The main destination of Magnesium Carbonate exports from Lithuania are: Estonia ($113k), Latvia ($47.2k), Russia ($47.1k), India ($27.7k), and Netherlands ($15.4k).

The fastest growing export markets for Magnesium Carbonate of Lithuania between 2021 and 2022 were Estonia ($102k), India ($27.7k), and Latvia ($14.1k).

Imports In 2022, Lithuania imported $1.01M in Magnesium Carbonate, becoming the 79th largest importer of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 908th most imported product in Lithuania. Lithuania imports Magnesium Carbonate primarily from: Germany ($415k), Slovakia ($205k), Poland ($173k), Turkey ($154k), and France ($16.9k).

The fastest growing import markets in Magnesium Carbonate for Lithuania between 2021 and 2022 were Germany ($374k), Poland ($121k), and Turkey ($100k).

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 Magnesium Carbonate. 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)$267k
IMPORTS (2022)$1.01M
NET TRADE (2022)-$747k

In 2022, Lithuania exported $267k in Magnesium Carbonate. The main destinations of Lithuania exports on Magnesium Carbonate were Estonia ($113k), Latvia ($47.2k), Russia ($47.1k), India ($27.7k), and Netherlands ($15.4k).

In 2022, Lithuania imported $1.01M in Magnesium Carbonate, mainly from Germany ($415k), Slovakia ($205k), Poland ($173k), Turkey ($154k), and France ($16.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium Carbonate EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Estonia$102k (877%)
India$27.7k (1%)
Latvia$14.1k (42.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Carbonate BY Lithuania WERE (2021 - 2022):
Belarus-$14.6k (-99%)
Germany-$14.1k (-98.4%)
Ukraine-$6.05k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Magnesium Carbonate were:
In 2022, Lithuania's main importing competitors in Magnesium Carbonate were:

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Trade Value of Magnesium Carbonate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $31.6k
TOP IMPORT POTENTIALTurkey+ $49.7k

Magnesium Carbonate’s highest export potential is Russia. With an export gap of $31.6k.   Magnesium Carbonate’s highest import potential is Turkey with an import gap of $49.7k.

See methodology.

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