2023
Exports
$629kWorld Rnk 50 / 113
Flag Rnk 850 / 1204
2023
PRODUCT COMPLEXITY IN Glass Working Machines
1.27Rnk 83 / 1025
2023
Imports
$6.3MWorld Rnk 57 / 180
Flag Rnk 580 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $629k in Glass Working Machines, making it the 50th largest exporter of Glass Working Machines in the world. At the same year, Glass Working Machines was the 850th most exported product in Lithuania. The main destination of Glass Working Machines exports from Lithuania are: Hungary ($152k), Latvia ($123k), Uzbekistan ($105k), Greece ($89.3k), and Norway ($85.5k).

The fastest growing export markets for Glass Working Machines of Lithuania between 2022 and 2023 were Hungary ($152k), Latvia ($123k), and Greece ($89.3k).

Imports In 2023, Lithuania imported $6.3M in Glass Working Machines, becoming the 57th largest importer of Glass Working Machines in the world. At the same year, Glass Working Machines was the 580th most imported product in Lithuania. Lithuania imports Glass Working Machines primarily from: Poland ($2.55M), Sweden ($2.13M), Germany ($919k), Austria ($247k), and Luxembourg ($169k).

The fastest growing import markets in Glass Working Machines for Lithuania between 2022 and 2023 were Poland ($2.55M), Sweden ($2.12M), and Germany ($789k).

Latest Trends

Dec 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 Glass Working Machines. 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)$629k
IMPORTS (2023)$6.3M
NET TRADE (2023)-$5.67M

In 2023, Lithuania exported $629k in Glass Working Machines. The main destinations of Lithuania exports on Glass Working Machines were Hungary ($152k), Latvia ($123k), Uzbekistan ($105k), Greece ($89.3k), and Norway ($85.5k).

In 2023, Lithuania imported $6.3M in Glass Working Machines, mainly from Poland ($2.55M), Sweden ($2.13M), Germany ($919k), Austria ($247k), and Luxembourg ($169k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Glass Working Machines EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
Hungary$152k (1%)
Latvia$123k (6.14M%)
Greece$89.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Working Machines BY Lithuania WERE (2022 - 2023):
Russia-$1.17M (-100%)
Kazakhstan-$339k (-88.4%)
Germany-$211k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lithuania's main exporting competitors in Glass Working Machines were:
In 2023, Lithuania's main importing competitors in Glass Working Machines were:

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Trade Value of Glass Working Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $163k
TOP IMPORT POTENTIALChina+ $180k

Glass Working Machines’s highest export potential is Germany. With an export gap of $163k.   Glass Working Machines’s highest import potential is China with an import gap of $180k.

See methodology.

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