2022
Exports
$2.06MWorld Rnk 40 / 166
Flag Rnk 697 / 1208
2022
PRODUCT COMPLEXITY IN Musical Instrument Parts
1.19Rnk 106 / 1025
2022
Imports
$2.03MWorld Rnk 56 / 204
Flag Rnk 806 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $2.06M in Musical Instrument Parts, making it the 40th largest exporter of Musical Instrument Parts in the world. At the same year, Musical Instrument Parts was the 697th most exported product in Lithuania. The main destination of Musical Instrument Parts exports from Lithuania are: Germany ($645k), Russia ($488k), Kazakhstan ($166k), Italy ($106k), and Kyrgyzstan ($101k).

The fastest growing export markets for Musical Instrument Parts of Lithuania between 2021 and 2022 were Kazakhstan ($138k), Kyrgyzstan ($101k), and Finland ($62.4k).

Imports In 2022, Lithuania imported $2.03M in Musical Instrument Parts, becoming the 56th largest importer of Musical Instrument Parts in the world. At the same year, Musical Instrument Parts was the 806th most imported product in Lithuania. Lithuania imports Musical Instrument Parts primarily from: Germany ($603k), Latvia ($596k), United States ($247k), France ($170k), and Austria ($118k).

The fastest growing import markets in Musical Instrument Parts for Lithuania between 2021 and 2022 were Austria ($88.9k), Germany ($41.5k), and Poland ($18.7k).

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 Musical Instrument Parts. 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)$2.06M
IMPORTS (2022)$2.03M
NET TRADE (2022)$33.8k

In 2022, Lithuania exported $2.06M in Musical Instrument Parts. The main destinations of Lithuania exports on Musical Instrument Parts were Germany ($645k), Russia ($488k), Kazakhstan ($166k), Italy ($106k), and Kyrgyzstan ($101k).

In 2022, Lithuania imported $2.03M in Musical Instrument Parts, mainly from Germany ($603k), Latvia ($596k), United States ($247k), France ($170k), and Austria ($118k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Musical Instrument Parts EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Kazakhstan$138k (506%)
Kyrgyzstan$101k (31.8k%)
Finland$62.4k (3.66k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Musical Instrument Parts BY Lithuania WERE (2021 - 2022):
Russia-$495k (-50.4%)
Germany-$205k (-24.2%)
Bulgaria-$63.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Musical Instrument Parts were:
In 2022, Lithuania's main importing competitors in Musical Instrument Parts were:

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Trade Value of Musical Instrument Parts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $146k
TOP IMPORT POTENTIALUnited States+ $101k

Musical Instrument Parts’s highest export potential is Germany. With an export gap of $146k.   Musical Instrument Parts’s highest import potential is United States with an import gap of $101k.

See methodology.

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