2022
Exports
$31.5MWorld Rnk 51 / 216
Flag Rnk 230 / 1208
2022
PRODUCT COMPLEXITY IN Other Electrical Machinery
1.33Rnk 86 / 1025
2022
Imports
$56.6MWorld Rnk 73 / 224
Flag Rnk 170 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $31.5M in Other Electrical Machinery, making it the 51st largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 230th most exported product in Lithuania. The main destination of Other Electrical Machinery exports from Lithuania are: Latvia ($4.4M), Ukraine ($2.62M), Kazakhstan ($2.03M), Poland ($1.99M), and Russia ($1.95M).

The fastest growing export markets for Other Electrical Machinery of Lithuania between 2021 and 2022 were Ukraine ($2.42M), Kazakhstan ($1.43M), and Kyrgyzstan ($1.17M).

Imports In 2022, Lithuania imported $56.6M in Other Electrical Machinery, becoming the 73rd largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 170th most imported product in Lithuania. Lithuania imports Other Electrical Machinery primarily from: Latvia ($11.3M), China ($10.6M), Germany ($6.58M), Poland ($4.85M), and France ($2.38M).

The fastest growing import markets in Other Electrical Machinery for Lithuania between 2021 and 2022 were Latvia ($2.37M), Croatia ($2.24M), and Germany ($1.47M).

Latest Trends

Nov 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 Other Electrical Machinery. 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)$31.5M
IMPORTS (2022)$56.6M
NET TRADE (2022)-$25.1M

In 2022, Lithuania exported $31.5M in Other Electrical Machinery. The main destinations of Lithuania exports on Other Electrical Machinery were Latvia ($4.4M), Ukraine ($2.62M), Kazakhstan ($2.03M), Poland ($1.99M), and Russia ($1.95M).

In 2022, Lithuania imported $56.6M in Other Electrical Machinery, mainly from Latvia ($11.3M), China ($10.6M), Germany ($6.58M), Poland ($4.85M), and France ($2.38M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Ukraine$2.42M (1.17k%)
Kazakhstan$1.43M (236%)
Kyrgyzstan$1.17M (6.43k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Lithuania WERE (2021 - 2022):
Russia-$13.2M (-87.1%)
Singapore-$1.8M (-88.8%)
Belarus-$1.23M (-63.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Other Electrical Machinery were:
In 2022, Lithuania's main importing competitors in Other Electrical Machinery were:

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $1.79M
TOP IMPORT POTENTIALChina+ $6.21M

Other Electrical Machinery’s highest export potential is Russia. With an export gap of $1.79M.   Other Electrical Machinery’s highest import potential is China with an import gap of $6.21M.

See methodology.

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