2023
Exports
$37MWorld Rnk 52 / 201
Flag Rnk 192 / 1204
2023
PRODUCT COMPLEXITY IN Sauces and Seasonings
-0.56Rnk 724 / 1025
2023
Imports
$72.3MWorld Rnk 49 / 226
Flag Rnk 133 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $37M in Sauces and Seasonings, making it the 52nd largest exporter of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 192nd most exported product in Lithuania. The main destination of Sauces and Seasonings exports from Lithuania are: Poland ($6.97M), Latvia ($6.32M), Russia ($4.6M), Estonia ($4.19M), and Bulgaria ($2.26M).

The fastest growing export markets for Sauces and Seasonings of Lithuania between 2022 and 2023 were Poland ($1.94M), Latvia ($1.4M), and Czechia ($1.1M).

Imports In 2023, Lithuania imported $72.3M in Sauces and Seasonings, becoming the 49th largest importer of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 133rd most imported product in Lithuania. Lithuania imports Sauces and Seasonings primarily from: Germany ($17.3M), Poland ($14.8M), Latvia ($10M), Netherlands ($6.66M), and Estonia ($6.17M).

The fastest growing import markets in Sauces and Seasonings for Lithuania between 2022 and 2023 were Germany ($3.57M), Poland ($1.87M), and Netherlands ($1.79M).

COMPANIES In 2024, leading companies such as IKEA Group (1) were at the forefront of shipping Sauces and Seasonings from Lithuania to the United States.

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 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 (2023)$37M
IMPORTS (2023)$72.3M
NET TRADE (2023)-$35.3M

In 2023, Lithuania exported $37M in Sauces and Seasonings. The main destinations of Lithuania exports on Sauces and Seasonings were Poland ($6.97M), Latvia ($6.32M), Russia ($4.6M), Estonia ($4.19M), and Bulgaria ($2.26M).

In 2023, Lithuania imported $72.3M in Sauces and Seasonings, mainly from Germany ($17.3M), Poland ($14.8M), Latvia ($10M), Netherlands ($6.66M), and Estonia ($6.17M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sauces and Seasonings EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
Poland$1.94M (38.6%)
Latvia$1.4M (28.5%)
Czechia$1.1M (1.84k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sauces and Seasonings BY Lithuania WERE (2022 - 2023):
Russia-$1.03M (-18.2%)
Bulgaria-$504k (-18.2%)
Netherlands-$422k (-30.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lithuania's main exporting competitors in Sauces and Seasonings were:
In 2023, 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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