2022
Exports
$118MWorld Rnk 6 / 105
Flag Rnk 70 / 1208
2022
PRODUCT COMPLEXITY IN Peat
-0.028Rnk 554 / 1025
2022
Imports
$30.5MWorld Rnk 14 / 195
Flag Rnk 263 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $118M in Peat, making it the 6th largest exporter of Peat in the world. At the same year, Peat was the 70th most exported product in Lithuania. The main destination of Peat exports from Lithuania are: Poland ($13.7M), Saudi Arabia ($11M), Germany ($9.98M), Netherlands ($5.71M), and Morocco ($4.91M).

The fastest growing export markets for Peat of Lithuania between 2021 and 2022 were Saudi Arabia ($8.4M), Mexico ($2.54M), and Japan ($1.04M).

Imports In 2022, Lithuania imported $30.5M in Peat, becoming the 14th largest importer of Peat in the world. At the same year, Peat was the 263rd most imported product in Lithuania. Lithuania imports Peat primarily from: Latvia ($18.3M), Netherlands ($5.28M), Belarus ($5.08M), Estonia ($1.41M), and Poland ($240k).

The fastest growing import markets in Peat for Lithuania between 2021 and 2022 were Latvia ($8.87M), Belarus ($2.38M), and Netherlands ($1.5M).

Latest Trends

Oct 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 Peat. 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)$118M
IMPORTS (2022)$30.5M
NET TRADE (2022)$87.5M

In 2022, Lithuania exported $118M in Peat. The main destinations of Lithuania exports on Peat were Poland ($13.7M), Saudi Arabia ($11M), Germany ($9.98M), Netherlands ($5.71M), and Morocco ($4.91M).

In 2022, Lithuania imported $30.5M in Peat, mainly from Latvia ($18.3M), Netherlands ($5.28M), Belarus ($5.08M), Estonia ($1.41M), and Poland ($240k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Peat EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Saudi Arabia$8.4M (325%)
Mexico$2.54M (128%)
Japan$1.04M (60.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY Lithuania WERE (2021 - 2022):
China-$9.88M (-99.6%)
United Kingdom-$1.47M (-78.1%)
Italy-$1.19M (-20.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Peat were:
In 2022, Lithuania's main importing competitors in Peat were:

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Trade Value of Peat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.43M
TOP IMPORT POTENTIALPoland+ $150k

Peat’s highest export potential is United States. With an export gap of $1.43M.   Peat’s highest import potential is Poland with an import gap of $150k.

See methodology.

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