2022
Exports
$1.09BWorld Rnk 35 / 210
Flag Rnk 5 / 1208
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$1.98BWorld Rnk 51 / 224
Flag Rnk 4 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $1.09B in Cars, making it the 35th largest exporter of Cars in the world. At the same year, Cars was the 5th most exported product in Lithuania. The main destination of Cars exports from Lithuania are: Belarus ($597M), Germany ($58.3M), France ($50M), Kyrgyzstan ($46.6M), and Ukraine ($46.4M).

The fastest growing export markets for Cars of Lithuania between 2021 and 2022 were Belarus ($401M), Kyrgyzstan ($42.7M), and Russia ($30M).

Imports In 2022, Lithuania imported $1.98B in Cars, becoming the 51st largest importer of Cars in the world. At the same year, Cars was the 4th most imported product in Lithuania. Lithuania imports Cars primarily from: Germany ($453M), Estonia ($266M), United States ($231M), France ($214M), and Latvia ($159M).

The fastest growing import markets in Cars for Lithuania between 2021 and 2022 were Germany ($190M), United States ($63.6M), and France ($48.1M).

COMPANIES In 2023, leading companies such as Arhaus (1) were at the forefront of shipping Cars from Lithuania to the United States.

Latest Trends

Sep 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 Cars. 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)$1.09B
IMPORTS (2022)$1.98B
NET TRADE (2022)-$894M

In 2022, Lithuania exported $1.09B in Cars. The main destinations of Lithuania exports on Cars were Belarus ($597M), Germany ($58.3M), France ($50M), Kyrgyzstan ($46.6M), and Ukraine ($46.4M).

In 2022, Lithuania imported $1.98B in Cars, mainly from Germany ($453M), Estonia ($266M), United States ($231M), France ($214M), and Latvia ($159M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Belarus$401M (205%)
Kyrgyzstan$42.7M (1.1k%)
Russia$30M (567%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Lithuania WERE (2021 - 2022):
Belgium-$20.8M (-39.2%)
Ukraine-$15.2M (-24.7%)
Italy-$13.6M (-68.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $69.3M
TOP IMPORT POTENTIALGermany+ $86.6M

Cars’s highest export potential is Germany. With an export gap of $69.3M.   Cars’s highest import potential is Germany with an import gap of $86.6M.

See methodology.

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