2022
Exports
$505MWorld Rnk 39 / 98
Flag Rnk 13 / 1208
2022
PRODUCT COMPLEXITY IN Electricity
-0.67Rnk 750 / 1025
2022
Imports
$2.28BWorld Rnk 18 / 128
Flag Rnk 3 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $505M in Electricity, making it the 39th largest exporter of Electricity in the world. At the same year, Electricity was the 13th most exported product in Lithuania. The main destination of Electricity exports from Lithuania are: Poland ($365M), Latvia ($92.4M), Russia ($35.6M), and Sweden ($11.6M).

The fastest growing export markets for Electricity of Lithuania between 2021 and 2022 were Poland ($237M) and Russia ($25M).

Imports In 2022, Lithuania imported $2.28B in Electricity, becoming the 18th largest importer of Electricity in the world. At the same year, Electricity was the 3rd most imported product in Lithuania. Lithuania imports Electricity primarily from: Sweden ($976M), Latvia ($814M), Poland ($375M), and Russia ($119M).

The fastest growing import markets in Electricity for Lithuania between 2021 and 2022 were Sweden ($635M) and Latvia ($411M).

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 Electricity. 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)$505M
IMPORTS (2022)$2.28B
NET TRADE (2022)-$1.78B

In 2022, Lithuania exported $505M in Electricity. The main destinations of Lithuania exports on Electricity were Poland ($365M), Latvia ($92.4M), Russia ($35.6M), and Sweden ($11.6M).

In 2022, Lithuania imported $2.28B in Electricity, mainly from Sweden ($976M), Latvia ($814M), Poland ($375M), and Russia ($119M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electricity EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Poland$237M (184%)
Russia$25M (236%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electricity BY Lithuania WERE (2021 - 2022):
Sweden-$18.6M (-61.7%)
Latvia-$5.89M (-5.99%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Electricity were:
In 2022, Lithuania's main importing competitors in Electricity were:
France $14.6B
Germany $12.9B
Italy $11.9B

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Trade Value of Electricity by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSweden+ $5.24M
TOP IMPORT POTENTIALRussia+ $11.6M

Electricity’s highest export potential is Sweden. With an export gap of $5.24M.   Electricity’s highest import potential is Russia with an import gap of $11.6M.

See methodology.

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