2022
Exports
$2.24BWorld Rnk 10 / 223
Flag Rnk 2 / 1208
2022
PRODUCT COMPLEXITY IN Other Furniture
0.34Rnk 424 / 1025
2022
Imports
$282MWorld Rnk 50 / 225
Flag Rnk 24 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $2.24B 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 ($265M), Germany ($255M), United Kingdom ($244M), Sweden ($211M), and France ($133M).

The fastest growing export markets for Other Furniture of Lithuania between 2021 and 2022 were United States ($57.2M), United Kingdom ($51.5M), and France ($36.6M).

Imports In 2022, Lithuania imported $282M in Other Furniture, becoming the 50th largest importer of Other Furniture in the world. At the same year, Other Furniture was the 24th most imported product in Lithuania. Lithuania imports Other Furniture primarily from: Poland ($79.4M), Belarus ($33.6M), Germany ($31.8M), China ($24.9M), and Sweden ($21.3M).

The fastest growing import markets in Other Furniture for Lithuania between 2021 and 2022 were Belarus ($8.88M), Germany ($2.13M), and Denmark ($1.42M).

COMPANIES In 2023, leading companies such as IKEA Group (381) and Design Within Reach (2) were at the forefront of shipping Other Furniture from Lithuania to the United States.

Latest Trends

Oct 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 (2022)$2.24B
IMPORTS (2022)$282M
NET TRADE (2022)$1.95B

In 2022, Lithuania exported $2.24B in Other Furniture. The main destinations of Lithuania exports on Other Furniture were United States ($265M), Germany ($255M), United Kingdom ($244M), Sweden ($211M), and France ($133M).

In 2022, Lithuania imported $282M in Other Furniture, mainly from Poland ($79.4M), Belarus ($33.6M), Germany ($31.8M), China ($24.9M), and Sweden ($21.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Furniture EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
United States$57.2M (27.5%)
United Kingdom$51.5M (26.7%)
France$36.6M (38%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Furniture BY Lithuania WERE (2021 - 2022):
Russia-$35.2M (-55.4%)
China-$28M (-67.4%)
Sweden-$11.2M (-5.05%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Other Furniture were:
China $36.6B
Vietnam $9.13B
Germany $8.79B
In 2022, 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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