2023
Exports
$3.21MWorld Rnk 34 / 136
Flag Rnk 611 / 1204
2023
PRODUCT COMPLEXITY IN Cast Iron Pipes
-0.42Rnk 674 / 1025
2023
Imports
$4.07MWorld Rnk 76 / 210
Flag Rnk 657 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $3.21M in Cast Iron Pipes, making it the 34th largest exporter of Cast Iron Pipes in the world. At the same year, Cast Iron Pipes was the 611th most exported product in Lithuania. The main destination of Cast Iron Pipes exports from Lithuania are: Russia ($1.97M), Latvia ($817k), Kazakhstan ($167k), Norway ($113k), and Finland ($39.2k).

The fastest growing export markets for Cast Iron Pipes of Lithuania between 2022 and 2023 were Latvia ($367k), Kazakhstan ($167k), and Russia ($87.6k).

Imports In 2023, Lithuania imported $4.07M in Cast Iron Pipes, becoming the 76th largest importer of Cast Iron Pipes in the world. At the same year, Cast Iron Pipes was the 657th most imported product in Lithuania. Lithuania imports Cast Iron Pipes primarily from: Poland ($2.43M), Austria ($762k), Latvia ($254k), Germany ($172k), and Netherlands ($153k).

The fastest growing import markets in Cast Iron Pipes for Lithuania between 2022 and 2023 were Poland ($492k), Latvia ($218k), and Netherlands ($133k).

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 Cast Iron Pipes. 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)$3.21M
IMPORTS (2023)$4.07M
NET TRADE (2023)-$857k

In 2023, Lithuania exported $3.21M in Cast Iron Pipes. The main destinations of Lithuania exports on Cast Iron Pipes were Russia ($1.97M), Latvia ($817k), Kazakhstan ($167k), Norway ($113k), and Finland ($39.2k).

In 2023, Lithuania imported $4.07M in Cast Iron Pipes, mainly from Poland ($2.43M), Austria ($762k), Latvia ($254k), Germany ($172k), and Netherlands ($153k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cast Iron Pipes EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
Latvia$367k (81.8%)
Kazakhstan$167k (1%)
Russia$87.6k (4.66%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cast Iron Pipes BY Lithuania WERE (2022 - 2023):
Romania-$68.6k (-79.1%)
Portugal-$23.7k (-100%)
Slovakia-$14.8k (-51.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lithuania's main exporting competitors in Cast Iron Pipes were:
China $529M
India $223M
In 2023, Lithuania's main importing competitors in Cast Iron Pipes were:

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Trade Value of Cast Iron Pipes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $52.7k
TOP IMPORT POTENTIALFrance+ $48.5k

Cast Iron Pipes’s highest export potential is United Kingdom. With an export gap of $52.7k.   Cast Iron Pipes’s highest import potential is France with an import gap of $48.5k.

See methodology.

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