2023
Exports
$39.8MWorld Rnk 36 / 151
Flag Rnk 176 / 1204
2023
PRODUCT COMPLEXITY IN Buses
0.24Rnk 481 / 1025
2023
Imports
$48.9MWorld Rnk 78 / 212
Flag Rnk 191 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $39.8M in Buses, making it the 36th largest exporter of Buses in the world. At the same year, Buses was the 176th most exported product in Lithuania. The main destination of Buses exports from Lithuania are: Germany ($8.12M), United Kingdom ($6.42M), Sweden ($3.87M), Finland ($3.26M), and Israel ($3M).

The fastest growing export markets for Buses of Lithuania between 2022 and 2023 were Israel ($2.7M), United Kingdom ($2.07M), and Sweden ($1.44M).

Imports In 2023, Lithuania imported $48.9M in Buses, becoming the 78th largest importer of Buses in the world. At the same year, Buses was the 191st most imported product in Lithuania. Lithuania imports Buses primarily from: Turkey ($19.4M), Italy ($5.46M), Latvia ($4.37M), Czechia ($3.93M), and Germany ($3.68M).

The fastest growing import markets in Buses for Lithuania between 2022 and 2023 were Turkey ($13.1M), Czechia ($3.27M), and China ($2.11M).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Buses. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$39.8M
IMPORTS (2023)$48.9M
NET TRADE (2023)-$9.05M

In 2023, Lithuania exported $39.8M in Buses. The main destinations of Lithuania exports on Buses were Germany ($8.12M), United Kingdom ($6.42M), Sweden ($3.87M), Finland ($3.26M), and Israel ($3M).

In 2023, Lithuania imported $48.9M in Buses, mainly from Turkey ($19.4M), Italy ($5.46M), Latvia ($4.37M), Czechia ($3.93M), and Germany ($3.68M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
Israel$2.7M (900%)
United Kingdom$2.07M (47.6%)
Sweden$1.44M (59%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Lithuania WERE (2022 - 2023):
Portugal-$990k (-100%)
France-$768k (-44.9%)
Finland-$592k (-15.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Lithuania's main exporting competitors in Buses were:
China $3.94B
Turkey $2.49B
Japan $2.3B
In 2023, Lithuania's main importing competitors in Buses were:

Explore Visualizations

Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.32M
TOP IMPORT POTENTIALPoland+ $2.14M

Buses’s highest export potential is France. With an export gap of $1.32M.   Buses’s highest import potential is Poland with an import gap of $2.14M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with