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Exports In 2022, Lithuania exported $1.05M in Balances, making it the 21st largest exporter of Balances in the world. At the same year, Balances was the 827th most exported product in Lithuania. The main destination of Balances exports from Lithuania are: Russia ($830k), Kyrgyzstan ($118k), Estonia ($35.2k), Belarus ($29.9k), and United Arab Emirates ($7.81k).

The fastest growing export markets for Balances of Lithuania between 2021 and 2022 were Russia ($536k), Kyrgyzstan ($118k), and United Arab Emirates ($7.61k).

Imports In 2022, Lithuania imported $759k in Balances, becoming the 61st largest importer of Balances in the world. At the same year, Balances was the 947th most imported product in Lithuania. Lithuania imports Balances primarily from: Germany ($360k), Netherlands ($130k), Poland ($107k), Latvia ($71.3k), and United Kingdom ($37k).

The fastest growing import markets in Balances for Lithuania between 2021 and 2022 were Germany ($141k), Latvia ($49.6k), and United Kingdom ($24k).

Latest Trends

Jul 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 Balances. 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)$1.05M
IMPORTS (2022)$759k
NET TRADE (2022)$290k

In 2022, Lithuania exported $1.05M in Balances. The main destinations of Lithuania exports on Balances were Russia ($830k), Kyrgyzstan ($118k), Estonia ($35.2k), Belarus ($29.9k), and United Arab Emirates ($7.81k).

In 2022, Lithuania imported $759k in Balances, mainly from Germany ($360k), Netherlands ($130k), Poland ($107k), Latvia ($71.3k), and United Kingdom ($37k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Balances EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Russia$536k (182%)
Kyrgyzstan$118k (1%)
United Arab Emirates$7.61k (3.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Balances BY Lithuania WERE (2021 - 2022):
Belarus-$103k (-77.4%)
Kazakhstan-$9.5k (-68.9%)
Estonia-$9.14k (-20.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Balances by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $7.87k
TOP IMPORT POTENTIALPoland+ $36.3k

Balances’s highest export potential is United States. With an export gap of $7.87k.   Balances’s highest import potential is Poland with an import gap of $36.3k.

See methodology.

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