2023
Exports
$1.13BWorld Rnk 35 / 210
Flag Rnk 4 / 1204
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$2.28BWorld Rnk 56 / 225
Flag Rnk 2 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $1.13B in Cars, making it the 35th largest exporter of Cars in the world. At the same year, Cars was the 4th most exported product in Lithuania. The main destination of Cars exports from Lithuania are: Belarus ($728M), Kyrgyzstan ($55.6M), Germany ($50.5M), France ($47.5M), and Tajikistan ($40.6M).

The fastest growing export markets for Cars of Lithuania between 2022 and 2023 were Belarus ($131M), Tajikistan ($21.5M), and Kyrgyzstan ($16.3M).

Imports In 2023, Lithuania imported $2.28B in Cars, becoming the 56th largest importer of Cars in the world. At the same year, Cars was the 2nd most imported product in Lithuania. Lithuania imports Cars primarily from: Germany ($618M), Estonia ($510M), Latvia ($242M), Poland ($208M), and France ($202M).

The fastest growing import markets in Cars for Lithuania between 2022 and 2023 were Estonia ($181M), Germany ($90.8M), and Latvia ($82.5M).

COMPANIES In 2024, leading companies such as IKEA Group (7) were at the forefront of shipping Cars from Lithuania to the United States.

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 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 (2023)$1.13B
IMPORTS (2023)$2.28B
NET TRADE (2023)-$1.16B

In 2023, Lithuania exported $1.13B in Cars. The main destinations of Lithuania exports on Cars were Belarus ($728M), Kyrgyzstan ($55.6M), Germany ($50.5M), France ($47.5M), and Tajikistan ($40.6M).

In 2023, Lithuania imported $2.28B in Cars, mainly from Germany ($618M), Estonia ($510M), Latvia ($242M), Poland ($208M), and France ($202M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
Belarus$131M (21.9%)
Tajikistan$21.5M (113%)
Kyrgyzstan$16.3M (41.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Lithuania WERE (2022 - 2023):
Ukraine-$17M (-72.3%)
Russia-$13M (-36.7%)
Kazakhstan-$11M (-34.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lithuania's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, 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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