2023
Exports
$1.43MWorld Rnk 32 / 125
Flag Rnk 744 / 1204
2023
PRODUCT COMPLEXITY IN Book-binding Machines
1.27Rnk 82 / 1025
2023
Imports
$5.08MWorld Rnk 34 / 198
Flag Rnk 622 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $1.43M in Book-binding Machines, making it the 32nd largest exporter of Book-binding Machines in the world. At the same year, Book-binding Machines was the 744th most exported product in Lithuania. The main destination of Book-binding Machines exports from Lithuania are: Russia ($233k), Latvia ($187k), Netherlands ($175k), Japan ($140k), and United Kingdom ($109k).

The fastest growing export markets for Book-binding Machines of Lithuania between 2022 and 2023 were Netherlands ($165k), Japan ($140k), and Saudi Arabia ($66.3k).

Imports In 2023, Lithuania imported $5.08M in Book-binding Machines, becoming the 34th largest importer of Book-binding Machines in the world. At the same year, Book-binding Machines was the 622nd most imported product in Lithuania. Lithuania imports Book-binding Machines primarily from: Estonia ($2.99M), Italy ($549k), Latvia ($451k), Switzerland ($445k), and Germany ($294k).

The fastest growing import markets in Book-binding Machines for Lithuania between 2022 and 2023 were Estonia ($2.99M), Switzerland ($442k), and Italy ($230k).

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 Book-binding Machines. 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)$1.43M
IMPORTS (2023)$5.08M
NET TRADE (2023)-$3.66M

In 2023, Lithuania exported $1.43M in Book-binding Machines. The main destinations of Lithuania exports on Book-binding Machines were Russia ($233k), Latvia ($187k), Netherlands ($175k), Japan ($140k), and United Kingdom ($109k).

In 2023, Lithuania imported $5.08M in Book-binding Machines, mainly from Estonia ($2.99M), Italy ($549k), Latvia ($451k), Switzerland ($445k), and Germany ($294k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Book-binding Machines EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
Netherlands$165k (1.62k%)
Japan$140k (1%)
Saudi Arabia$66.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Book-binding Machines BY Lithuania WERE (2022 - 2023):
Russia-$352k (-60.1%)
United States-$331k (-100%)
Latvia-$190k (-50.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lithuania's main exporting competitors in Book-binding Machines were:
In 2023, Lithuania's main importing competitors in Book-binding Machines were:

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Trade Value of Book-binding Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $189k
TOP IMPORT POTENTIALGermany+ $63.3k

Book-binding Machines’s highest export potential is United States. With an export gap of $189k.   Book-binding Machines’s highest import potential is Germany with an import gap of $63.3k.

See methodology.

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