2022
Exports
$24.9MWorld Rnk 5 / 82
Flag Rnk 267 / 1208
2022
Imports
$15.7MWorld Rnk 10 / 154
Flag Rnk 391 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

The fastest growing export markets for Flax Yarn of Lithuania between 2021 and 2022 were Italy ($4.51M), France ($127k), and Russia ($78.4k).

Imports In 2022, Lithuania imported $15.7M in Flax Yarn, becoming the 10th largest importer of Flax Yarn in the world. At the same year, Flax Yarn was the 391st most imported product in Lithuania. Lithuania imports Flax Yarn primarily from: China ($13.6M), Italy ($913k), Bangladesh ($450k), Ethiopia ($177k), and Poland ($140k).

The fastest growing import markets in Flax Yarn for Lithuania between 2021 and 2022 were China ($4.68M), France ($126k), and Spain ($74.3k).

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 Flax Yarn. 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)$24.9M
IMPORTS (2022)$15.7M
NET TRADE (2022)$9.13M

In 2022, Lithuania imported $15.7M in Flax Yarn, mainly from China ($13.6M), Italy ($913k), Bangladesh ($450k), Ethiopia ($177k), and Poland ($140k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flax Yarn EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Italy$4.51M (26.3%)
France$127k (7.77%)
Russia$78.4k (215%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flax Yarn BY Lithuania WERE (2021 - 2022):
Poland-$379k (-32.8%)
Turkey-$69.9k (-43.7%)
United States-$55.2k (-61.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Flax Yarn were:
China $312M
Italy $58.4M
Poland $39.1M
In 2022, Lithuania's main importing competitors in Flax Yarn were:
Italy $141M
India $64.6M
Turkey $55.7M

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Trade Value of Flax Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $131k
TOP IMPORT POTENTIALPoland+ $156k

Flax Yarn’s highest export potential is Turkey. With an export gap of $131k.   Flax Yarn’s highest import potential is Poland with an import gap of $156k.

See methodology.

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