2023
Exports
$425MWorld Rnk 37 / 102
Flag Rnk 15 / 1204
falsefalse Poland
2023
PRODUCT COMPLEXITY IN Electricity
-0.74Rnk 770 / 1025
2023
Imports
$956MWorld Rnk 26 / 126
Flag Rnk 7 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $425M in Electricity, making it the 37th largest exporter of Electricity in the world. At the same year, Electricity was the 15th most exported product in Lithuania. The main destination of Electricity exports from Lithuania are: Poland ($293M), Latvia ($113M), Russia ($16.5M), and Sweden ($3.07M).

The fastest growing export markets for Electricity of Lithuania between 2022 and 2023 were Latvia ($21.2M).

Imports In 2023, Lithuania imported $956M in Electricity, becoming the 26th largest importer of Electricity in the world. At the same year, Electricity was the 7th most imported product in Lithuania. Lithuania imports Electricity primarily from: Sweden ($477M), Latvia ($366M), Poland ($108M), and Russia ($4.74M).

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 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 (2023)$425M
IMPORTS (2023)$956M
NET TRADE (2023)-$530M

In 2023, Lithuania exported $425M in Electricity. The main destinations of Lithuania exports on Electricity were Poland ($293M), Latvia ($113M), Russia ($16.5M), and Sweden ($3.07M).

In 2023, Lithuania imported $956M in Electricity, mainly from Sweden ($477M), Latvia ($366M), Poland ($108M), and Russia ($4.74M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electricity EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):Latvia$21.2M (23.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electricity BY Lithuania WERE (2022 - 2023):
Poland-$55.9M (-16%)
Russia-$19M (-53.5%)
Sweden-$10.6M (-77.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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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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