2023
Exports
$2.18BWorld Rnk 10 / 221
Flag Rnk 2 / 1204
2023
PRODUCT COMPLEXITY IN Other Furniture
0.25Rnk 478 / 1025
2023
Imports
$231MWorld Rnk 53 / 226
Flag Rnk 28 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $2.18B in Other Furniture, making it the 10th largest exporter of Other Furniture in the world. At the same year, Other Furniture was the 2nd most exported product in Lithuania. The main destination of Other Furniture exports from Lithuania are: United States ($242M), United Kingdom ($228M), Germany ($220M), Sweden ($171M), and Norway ($148M).

The fastest growing export markets for Other Furniture of Lithuania between 2022 and 2023 were Italy ($9.97M), France ($7.4M), and Belgium ($6.81M).

Imports In 2023, Lithuania imported $231M in Other Furniture, becoming the 53rd largest importer of Other Furniture in the world. At the same year, Other Furniture was the 28th most imported product in Lithuania. Lithuania imports Other Furniture primarily from: Poland ($76.2M), China ($24.4M), Italy ($24.2M), Germany ($23.5M), and Sweden ($17.3M).

The fastest growing import markets in Other Furniture for Lithuania between 2022 and 2023 were Belgium ($1.62M), Romania ($1.57M), and United Kingdom ($778k).

COMPANIES In 2024, leading companies such as IKEA Group (1.27k), Design Within Reach (3), and Arhaus (1) were at the forefront of shipping Other Furniture from Lithuania to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Furniture. 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)$2.18B
IMPORTS (2023)$231M
NET TRADE (2023)$1.95B

In 2023, Lithuania exported $2.18B in Other Furniture. The main destinations of Lithuania exports on Other Furniture were United States ($242M), United Kingdom ($228M), Germany ($220M), Sweden ($171M), and Norway ($148M).

In 2023, Lithuania imported $231M in Other Furniture, mainly from Poland ($76.2M), China ($24.4M), Italy ($24.2M), Germany ($23.5M), and Sweden ($17.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Furniture EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
Italy$9.97M (14.7%)
France$7.4M (5.95%)
Belgium$6.81M (24.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Furniture BY Lithuania WERE (2022 - 2023):
United States-$73.4M (-23.3%)
Sweden-$28.9M (-14.5%)
United Kingdom-$16.7M (-6.82%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lithuania's main exporting competitors in Other Furniture were:
China $27.1B
Vietnam $8.56B
Germany $7.79B
In 2023, Lithuania's main importing competitors in Other Furniture were:

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Trade Value of Other Furniture by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $106M
TOP IMPORT POTENTIALChina+ $20M

Other Furniture’s highest export potential is United States. With an export gap of $106M.   Other Furniture’s highest import potential is China with an import gap of $20M.

See methodology.

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