2022
Exports
$7.15MWorld Rnk 52 / 177
Flag Rnk 491 / 1208
2022
PRODUCT COMPLEXITY IN Bandages
0.96Rnk 187 / 1025
2022
Imports
$15.2MWorld Rnk 61 / 221
Flag Rnk 404 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $7.15M in Bandages, making it the 52nd largest exporter of Bandages in the world. At the same year, Bandages was the 491st most exported product in Lithuania. The main destination of Bandages exports from Lithuania are: Denmark ($1.3M), Kazakhstan ($1.14M), Latvia ($700k), Hong Kong ($670k), and Estonia ($522k).

The fastest growing export markets for Bandages of Lithuania between 2021 and 2022 were Denmark ($326k), Hungary ($144k), and Russia ($144k).

Imports In 2022, Lithuania imported $15.2M in Bandages, becoming the 61st largest importer of Bandages in the world. At the same year, Bandages was the 404th most imported product in Lithuania. Lithuania imports Bandages primarily from: China ($4.81M), Sweden ($2.38M), Latvia ($1.97M), France ($1.37M), and Poland ($1.1M).

The fastest growing import markets in Bandages for Lithuania between 2021 and 2022 were China ($456k), Sweden ($439k), and Poland ($399k).

Latest Trends

Oct 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 Bandages. 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)$7.15M
IMPORTS (2022)$15.2M
NET TRADE (2022)-$8M

In 2022, Lithuania exported $7.15M in Bandages. The main destinations of Lithuania exports on Bandages were Denmark ($1.3M), Kazakhstan ($1.14M), Latvia ($700k), Hong Kong ($670k), and Estonia ($522k).

In 2022, Lithuania imported $15.2M in Bandages, mainly from China ($4.81M), Sweden ($2.38M), Latvia ($1.97M), France ($1.37M), and Poland ($1.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Denmark$326k (33.5%)
Hungary$144k (109%)
Russia$144k (46.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Lithuania WERE (2021 - 2022):
Sweden-$360k (-60.7%)
Kazakhstan-$237k (-17.2%)
United Kingdom-$169k (-88.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Bandages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $310k
TOP IMPORT POTENTIALChina+ $1.34M

Bandages’s highest export potential is Russia. With an export gap of $310k.   Bandages’s highest import potential is China with an import gap of $1.34M.

See methodology.

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