2023
Exports
$8.39MWorld Rnk 37 / 144
Flag Rnk 425 / 1204
2023
PRODUCT COMPLEXITY IN Other Iron Bars
-0.21Rnk 616 / 1025
2023
Imports
$8.75MWorld Rnk 49 / 208
Flag Rnk 516 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $8.39M in Other Iron Bars, making it the 37th largest exporter of Other Iron Bars in the world. At the same year, Other Iron Bars was the 425th most exported product in Lithuania. The main destination of Other Iron Bars exports from Lithuania are: Estonia ($3.5M), Latvia ($1.98M), Sweden ($1.16M), Norway ($468k), and Finland ($358k).

The fastest growing export markets for Other Iron Bars of Lithuania between 2022 and 2023 were Latvia ($308k), Estonia ($155k), and Denmark ($95.6k).

Imports In 2023, Lithuania imported $8.75M in Other Iron Bars, becoming the 49th largest importer of Other Iron Bars in the world. At the same year, Other Iron Bars was the 516th most imported product in Lithuania. Lithuania imports Other Iron Bars primarily from: Poland ($2.36M), Italy ($2.26M), Romania ($900k), Germany ($698k), and Spain ($606k).

The fastest growing import markets in Other Iron Bars for Lithuania between 2022 and 2023 were Poland ($192k), Spain ($174k), and Netherlands ($170k).

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 Other Iron Bars. 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)$8.39M
IMPORTS (2023)$8.75M
NET TRADE (2023)-$365k

In 2023, Lithuania exported $8.39M in Other Iron Bars. The main destinations of Lithuania exports on Other Iron Bars were Estonia ($3.5M), Latvia ($1.98M), Sweden ($1.16M), Norway ($468k), and Finland ($358k).

In 2023, Lithuania imported $8.75M in Other Iron Bars, mainly from Poland ($2.36M), Italy ($2.26M), Romania ($900k), Germany ($698k), and Spain ($606k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Iron Bars EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
Latvia$308k (18.5%)
Estonia$155k (4.61%)
Denmark$95.6k (58.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Bars BY Lithuania WERE (2022 - 2023):
Sweden-$1.33M (-53.4%)
Finland-$782k (-68.6%)
Norway-$726k (-60.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lithuania's main exporting competitors in Other Iron Bars were:
In 2023, Lithuania's main importing competitors in Other Iron Bars were:

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Trade Value of Other Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $840k
TOP IMPORT POTENTIALPoland+ $569k

Other Iron Bars’s highest export potential is Poland. With an export gap of $840k.   Other Iron Bars’s highest import potential is Poland with an import gap of $569k.

See methodology.

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