2023
Exports
$3.26MWorld Rnk 50 / 185
Flag Rnk 606 / 1204
2023
PRODUCT COMPLEXITY IN Cutting Blades
1.39Rnk 64 / 1025
2023
Imports
$14.2MWorld Rnk 50 / 221
Flag Rnk 402 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $3.26M in Cutting Blades, making it the 50th largest exporter of Cutting Blades in the world. At the same year, Cutting Blades was the 606th most exported product in Lithuania. The main destination of Cutting Blades exports from Lithuania are: Belarus ($793k), Kazakhstan ($437k), Latvia ($427k), Kyrgyzstan ($379k), and Armenia ($224k).

The fastest growing export markets for Cutting Blades of Lithuania between 2022 and 2023 were United States ($55.5k), Poland ($40.4k), and Italy ($37.4k).

Imports In 2023, Lithuania imported $14.2M in Cutting Blades, becoming the 50th largest importer of Cutting Blades in the world. At the same year, Cutting Blades was the 402nd most imported product in Lithuania. Lithuania imports Cutting Blades primarily from: Germany ($3.72M), Netherlands ($1.7M), Poland ($1.31M), France ($960k), and Italy ($910k).

The fastest growing import markets in Cutting Blades for Lithuania between 2022 and 2023 were Chinese Taipei ($216k), China ($98.6k), and Austria ($91.2k).

Latest Trends

Jan 2025

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 Cutting Blades. 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)$3.26M
IMPORTS (2023)$14.2M
NET TRADE (2023)-$10.9M

In 2023, Lithuania exported $3.26M in Cutting Blades. The main destinations of Lithuania exports on Cutting Blades were Belarus ($793k), Kazakhstan ($437k), Latvia ($427k), Kyrgyzstan ($379k), and Armenia ($224k).

In 2023, Lithuania imported $14.2M in Cutting Blades, mainly from Germany ($3.72M), Netherlands ($1.7M), Poland ($1.31M), France ($960k), and Italy ($910k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cutting Blades EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
United States$55.5k (949%)
Poland$40.4k (184%)
Italy$37.4k (202%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutting Blades BY Lithuania WERE (2022 - 2023):
Russia-$1.71M (-96.4%)
Kazakhstan-$1.07M (-71%)
Kyrgyzstan-$572k (-60.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lithuania's main exporting competitors in Cutting Blades were:
In 2023, Lithuania's main importing competitors in Cutting Blades were:

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Trade Value of Cutting Blades by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $496k
TOP IMPORT POTENTIALChina+ $409k

Cutting Blades’s highest export potential is Russia. With an export gap of $496k.   Cutting Blades’s highest import potential is China with an import gap of $409k.

See methodology.

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