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2022
Exports $1.11MWorld Rnk 44 / 120
Flag Rnk 816 / 1208
2022
Destination $301k Uzbekistan
2021 - 2022
FASTEST GROWING MARKET $301kUzbekistan
2022
PRODUCT COMPLEXITY IN Flat-Rolled Stainless Steel1.55Rnk 41 / 1025
2022
Imports $7.24MWorld Rnk 55 / 198
Flag Rnk 567 / 1208
2022
Origin $435kN/A
2021 - 2022
FASTEST GROWING ORIGIN $435kGermany
2022
ECONOMIC COMPLEXITY of Lithuania0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $1.11M in Flat-Rolled Stainless Steel, making it the 44th largest exporter of Flat-Rolled Stainless Steel in the world. At the same year, Flat-Rolled Stainless Steel was the 816th most exported product in Lithuania. The main destination of Flat-Rolled Stainless Steel exports from Lithuania are: Uzbekistan ($301k), Russia ($243k), Latvia ($162k), Estonia ($144k), and Kazakhstan ($57.7k).

The fastest growing export markets for Flat-Rolled Stainless Steel of Lithuania between 2021 and 2022 were Uzbekistan ($301k), Latvia ($77.7k), and Kazakhstan ($53.6k).

Imports In 2022, Lithuania imported $7.24M in Flat-Rolled Stainless Steel, becoming the 55th largest importer of Flat-Rolled Stainless Steel in the world. At the same year, Flat-Rolled Stainless Steel was the 567th most imported product in Lithuania. Lithuania imports Flat-Rolled Stainless Steel primarily from: N/A.

The fastest growing import markets in Flat-Rolled Stainless Steel for Lithuania between 2021 and 2022 were Germany ($435k), Hungary ($293k), and Chinese Taipei ($194k).

Latest Trends

Jul 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 Flat-Rolled Stainless Steel. 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)$1.11M
IMPORTS (2022)$7.24M
NET TRADE (2022)-$6.14M

In 2022, Lithuania exported $1.11M in Flat-Rolled Stainless Steel. The main destinations of Lithuania exports on Flat-Rolled Stainless Steel were Uzbekistan ($301k), Russia ($243k), Latvia ($162k), Estonia ($144k), and Kazakhstan ($57.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flat-Rolled Stainless Steel EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Uzbekistan$301k (1%)
Latvia$77.7k (92.5%)
Kazakhstan$53.6k (1.28k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat-Rolled Stainless Steel BY Lithuania WERE (2021 - 2022):
Russia-$729k (-75%)
United Kingdom-$372k (-97.2%)
Estonia-$108k (-42.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Flat-Rolled Stainless Steel were:
Germany $953M
China $901M
Italy $575M
In 2022, Lithuania's main importing competitors in Flat-Rolled Stainless Steel were:
Germany $909M
United States $376M
Italy $346M

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Trade Value of Flat-Rolled Stainless Steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $108k
TOP IMPORT POTENTIALChina+ $270k

Flat-Rolled Stainless Steel’s highest export potential is Russia. With an export gap of $108k.   Flat-Rolled Stainless Steel’s highest import potential is China with an import gap of $270k.

See methodology.

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