2023
Exports
$81.7MWorld Rnk 50 / 195
Flag Rnk 97 / 1204
2023
PRODUCT COMPLEXITY IN Scrap Copper
-1.03Rnk 837 / 1025
2023
Imports
$40.1MWorld Rnk 43 / 140
Flag Rnk 219 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $81.7M in Scrap Copper, making it the 50th largest exporter of Scrap Copper in the world. At the same year, Scrap Copper was the 97th most exported product in Lithuania. The main destination of Scrap Copper exports from Lithuania are: China ($33.6M), Poland ($23.1M), Germany ($8.93M), Latvia ($4.41M), and India ($2.37M).

The fastest growing export markets for Scrap Copper of Lithuania between 2022 and 2023 were China ($5.25M), Sweden ($1.35M), and Malaysia ($986k).

Imports In 2023, Lithuania imported $40.1M in Scrap Copper, becoming the 43rd largest importer of Scrap Copper in the world. At the same year, Scrap Copper was the 219th most imported product in Lithuania. Lithuania imports Scrap Copper primarily from: Poland ($15.5M), Germany ($11.4M), Estonia ($3.1M), Latvia ($2.45M), and Finland ($1.39M).

The fastest growing import markets in Scrap Copper for Lithuania between 2022 and 2023 were Poland ($2.06M), Germany ($1.46M), and China ($1.29M).

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 Scrap Copper. 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)$81.7M
IMPORTS (2023)$40.1M
NET TRADE (2023)$41.6M

In 2023, Lithuania exported $81.7M in Scrap Copper. The main destinations of Lithuania exports on Scrap Copper were China ($33.6M), Poland ($23.1M), Germany ($8.93M), Latvia ($4.41M), and India ($2.37M).

In 2023, Lithuania imported $40.1M in Scrap Copper, mainly from Poland ($15.5M), Germany ($11.4M), Estonia ($3.1M), Latvia ($2.45M), and Finland ($1.39M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Copper EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
China$5.25M (18.5%)
Sweden$1.35M (260%)
Malaysia$986k (105%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Copper BY Lithuania WERE (2022 - 2023):
Latvia-$5.5M (-55.5%)
Germany-$3.88M (-30.3%)
Poland-$3.47M (-13.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lithuania's main exporting competitors in Scrap Copper were:
In 2023, Lithuania's main importing competitors in Scrap Copper were:
China $12.5B
Germany $3.14B
India $1.63B

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Trade Value of Scrap Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $12.2M
TOP IMPORT POTENTIALGermany+ $1.03M

Scrap Copper’s highest export potential is China. With an export gap of $12.2M.   Scrap Copper’s highest import potential is Germany with an import gap of $1.03M.

See methodology.

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