2023
Exports
$85.9MWorld Rnk 25 / 181
Flag Rnk 88 / 1204
2023
PRODUCT COMPLEXITY IN Utility Meters
0.08Rnk 527 / 1025
2023
Imports
$106MWorld Rnk 21 / 222
Flag Rnk 88 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $85.9M in Utility Meters, making it the 25th largest exporter of Utility Meters in the world. At the same year, Utility Meters was the 88th most exported product in Lithuania. The main destination of Utility Meters exports from Lithuania are: Poland ($34.3M), Italy ($14.2M), Germany ($11.5M), Chile ($4.89M), and Greece ($4.61M).

The fastest growing export markets for Utility Meters of Lithuania between 2022 and 2023 were Poland ($23.1M), Italy ($8.21M), and Germany ($6.68M).

Imports In 2023, Lithuania imported $106M in Utility Meters, becoming the 21st largest importer of Utility Meters in the world. At the same year, Utility Meters was the 88th most imported product in Lithuania. Lithuania imports Utility Meters primarily from: France ($35.1M), China ($31.4M), Tunisia ($30.2M), Italy ($2.68M), and Poland ($1.5M).

The fastest growing import markets in Utility Meters for Lithuania between 2022 and 2023 were China ($20.8M), France ($20M), and Tunisia ($12.9M).

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 Utility Meters. 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)$85.9M
IMPORTS (2023)$106M
NET TRADE (2023)-$19.7M

In 2023, Lithuania exported $85.9M in Utility Meters. The main destinations of Lithuania exports on Utility Meters were Poland ($34.3M), Italy ($14.2M), Germany ($11.5M), Chile ($4.89M), and Greece ($4.61M).

In 2023, Lithuania imported $106M in Utility Meters, mainly from France ($35.1M), China ($31.4M), Tunisia ($30.2M), Italy ($2.68M), and Poland ($1.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Utility Meters EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
Poland$23.1M (204%)
Italy$8.21M (138%)
Germany$6.68M (139%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Utility Meters BY Lithuania WERE (2022 - 2023):
Finland-$1.53M (-38.6%)
Russia-$741k (-70.3%)
Spain-$487k (-29.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lithuania's main exporting competitors in Utility Meters were:
In 2023, Lithuania's main importing competitors in Utility Meters were:

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Trade Value of Utility Meters by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $1.31M
TOP IMPORT POTENTIALChina+ $1.57M

Utility Meters’s highest export potential is Germany. With an export gap of $1.31M.   Utility Meters’s highest import potential is China with an import gap of $1.57M.

See methodology.

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