2023
Exports
$22.4MWorld Rnk 48 / 212
Flag Rnk 252 / 1204
2023
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.77Rnk 16 / 1025
2023
Imports
$39.1MWorld Rnk 62 / 223
Flag Rnk 221 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $22.4M in Interchangeable Tool Parts, making it the 48th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 252nd most exported product in Lithuania. The main destination of Interchangeable Tool Parts exports from Lithuania are: Russia ($6.53M), Belarus ($3.79M), Sweden ($2.26M), Latvia ($1.72M), and Germany ($1.08M).

The fastest growing export markets for Interchangeable Tool Parts of Lithuania between 2022 and 2023 were Sweden ($1.87M), Belarus ($533k), and Germany ($424k).

Imports In 2023, Lithuania imported $39.1M in Interchangeable Tool Parts, becoming the 62nd largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 221st most imported product in Lithuania. Lithuania imports Interchangeable Tool Parts primarily from: Germany ($11.2M), Poland ($5.14M), China ($4.25M), Italy ($3.52M), and Estonia ($3.07M).

The fastest growing import markets in Interchangeable Tool Parts for Lithuania between 2022 and 2023 were United States ($2.32M), Poland ($844k), and China ($728k).

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 Interchangeable Tool Parts. 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)$22.4M
IMPORTS (2023)$39.1M
NET TRADE (2023)-$16.6M

In 2023, Lithuania exported $22.4M in Interchangeable Tool Parts. The main destinations of Lithuania exports on Interchangeable Tool Parts were Russia ($6.53M), Belarus ($3.79M), Sweden ($2.26M), Latvia ($1.72M), and Germany ($1.08M).

In 2023, Lithuania imported $39.1M in Interchangeable Tool Parts, mainly from Germany ($11.2M), Poland ($5.14M), China ($4.25M), Italy ($3.52M), and Estonia ($3.07M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
Sweden$1.87M (478%)
Belarus$533k (16.4%)
Germany$424k (65%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Lithuania WERE (2022 - 2023):
Russia-$2.03M (-23.8%)
Kazakhstan-$1.13M (-68.9%)
Denmark-$486k (-57.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lithuania's main exporting competitors in Interchangeable Tool Parts were:
In 2023, Lithuania's main importing competitors in Interchangeable Tool Parts were:

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Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $1.73M
TOP IMPORT POTENTIALChina+ $2.47M

Interchangeable Tool Parts’s highest export potential is Germany. With an export gap of $1.73M.   Interchangeable Tool Parts’s highest import potential is China with an import gap of $2.47M.

See methodology.

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