2023
Exports
$2.42MWorld Rnk 32 / 98
Flag Rnk 655 / 1204
2023
PRODUCT COMPLEXITY IN Non-Retail Combed Wool Yarn
0.3Rnk 458 / 1025
2023
Imports
$20.6MWorld Rnk 16 / 145
Flag Rnk 330 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $2.42M in Non-Retail Combed Wool Yarn, making it the 32nd largest exporter of Non-Retail Combed Wool Yarn in the world. At the same year, Non-Retail Combed Wool Yarn was the 655th most exported product in Lithuania. The main destination of Non-Retail Combed Wool Yarn exports from Lithuania are: Czechia ($927k), Belarus ($324k), Latvia ($272k), China ($269k), and Kazakhstan ($208k).

The fastest growing export markets for Non-Retail Combed Wool Yarn of Lithuania between 2022 and 2023 were Czechia ($924k), China ($230k), and Italy ($127k).

Imports In 2023, Lithuania imported $20.6M in Non-Retail Combed Wool Yarn, becoming the 16th largest importer of Non-Retail Combed Wool Yarn in the world. At the same year, Non-Retail Combed Wool Yarn was the 330th most imported product in Lithuania. Lithuania imports Non-Retail Combed Wool Yarn primarily from: India ($6.64M), Germany ($3.42M), Ireland ($1.83M), Italy ($1.83M), and Czechia ($1.46M).

The fastest growing import markets in Non-Retail Combed Wool Yarn for Lithuania between 2022 and 2023 were India ($2.29M), Austria ($710k), and China ($322k).

Latest Trends

Dec 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 Non-Retail Combed Wool Yarn. 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 (2023)$2.42M
IMPORTS (2023)$20.6M
NET TRADE (2023)-$18.2M

In 2023, Lithuania exported $2.42M in Non-Retail Combed Wool Yarn. The main destinations of Lithuania exports on Non-Retail Combed Wool Yarn were Czechia ($927k), Belarus ($324k), Latvia ($272k), China ($269k), and Kazakhstan ($208k).

In 2023, Lithuania imported $20.6M in Non-Retail Combed Wool Yarn, mainly from India ($6.64M), Germany ($3.42M), Ireland ($1.83M), Italy ($1.83M), and Czechia ($1.46M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Combed Wool Yarn EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
Czechia$924k (38.1k%)
China$230k (583%)
Italy$127k (11.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Combed Wool Yarn BY Lithuania WERE (2022 - 2023):
Russia-$358k (-68.5%)
Ireland-$89.9k (-100%)
Armenia-$47k (-59.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lithuania's main exporting competitors in Non-Retail Combed Wool Yarn were:
China $209M
Italy $203M
India $126M
In 2023, Lithuania's main importing competitors in Non-Retail Combed Wool Yarn were:
Italy $336M
Japan $76.9M

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Trade Value of Non-Retail Combed Wool Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $44.7k
TOP IMPORT POTENTIALChina+ $409k

Non-Retail Combed Wool Yarn’s highest export potential is Turkey. With an export gap of $44.7k.   Non-Retail Combed Wool Yarn’s highest import potential is China with an import gap of $409k.

See methodology.

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