2022
Exports
$30.7MWorld Rnk 58 / 202
Flag Rnk 236 / 1208
2022
PRODUCT COMPLEXITY IN Sauces and Seasonings
-0.62Rnk 736 / 1025
2022
Imports
$57.5MWorld Rnk 54 / 225
Flag Rnk 167 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $30.7M in Sauces and Seasonings, making it the 58th largest exporter of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 236th most exported product in Lithuania. The main destination of Sauces and Seasonings exports from Lithuania are: Poland ($5.93M), Russia ($5.62M), Latvia ($4.92M), Estonia ($3.73M), and Bulgaria ($2.15M).

The fastest growing export markets for Sauces and Seasonings of Lithuania between 2021 and 2022 were Estonia ($1.97M), Russia ($1.74M), and Poland ($1.05M).

Imports In 2022, Lithuania imported $57.5M in Sauces and Seasonings, becoming the 54th largest importer of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 167th most imported product in Lithuania. Lithuania imports Sauces and Seasonings primarily from: Poland ($13.4M), Germany ($12.2M), Latvia ($8.5M), Estonia ($5.66M), and Netherlands ($4.24M).

The fastest growing import markets in Sauces and Seasonings for Lithuania between 2021 and 2022 were Netherlands ($1.32M), Italy ($773k), and Sweden ($272k).

COMPANIES In 2023, leading companies such as IKEA Group (12) were at the forefront of shipping Sauces and Seasonings from Lithuania to the United States.

Latest Trends

Sep 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 Sauces and Seasonings. 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)$30.7M
IMPORTS (2022)$57.5M
NET TRADE (2022)-$26.8M

In 2022, Lithuania exported $30.7M in Sauces and Seasonings. The main destinations of Lithuania exports on Sauces and Seasonings were Poland ($5.93M), Russia ($5.62M), Latvia ($4.92M), Estonia ($3.73M), and Bulgaria ($2.15M).

In 2022, Lithuania imported $57.5M in Sauces and Seasonings, mainly from Poland ($13.4M), Germany ($12.2M), Latvia ($8.5M), Estonia ($5.66M), and Netherlands ($4.24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sauces and Seasonings EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Estonia$1.97M (112%)
Russia$1.74M (45%)
Poland$1.05M (21.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sauces and Seasonings BY Lithuania WERE (2021 - 2022):
Sweden-$418k (-53.8%)
United Kingdom-$403k (-29.7%)
Saudi Arabia-$101k (-44.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Sauces and Seasonings were:
In 2022, Lithuania's main importing competitors in Sauces and Seasonings were:

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Trade Value of Sauces and Seasonings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $1.75M
TOP IMPORT POTENTIALItaly+ $1.28M

Sauces and Seasonings’s highest export potential is Poland. With an export gap of $1.75M.   Sauces and Seasonings’s highest import potential is Italy with an import gap of $1.28M.

See methodology.

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