2023
Exports
$23.7MWorld Rnk 30 / 189
Flag Rnk 249 / 1204
2023
PRODUCT COMPLEXITY IN Iron Chains
1.48Rnk 48 / 1025
2023
Imports
$31.8MWorld Rnk 45 / 221
Flag Rnk 253 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $23.7M in Iron Chains, making it the 30th largest exporter of Iron Chains in the world. At the same year, Iron Chains was the 249th most exported product in Lithuania. The main destination of Iron Chains exports from Lithuania are: Canada ($5.9M), Norway ($5.6M), United States ($3.76M), Russia ($2.66M), and Sweden ($886k).

The fastest growing export markets for Iron Chains of Lithuania between 2022 and 2023 were United States ($2.07M), Croatia ($388k), and Belarus ($249k).

Imports In 2023, Lithuania imported $31.8M in Iron Chains, becoming the 45th largest importer of Iron Chains in the world. At the same year, Iron Chains was the 253rd most imported product in Lithuania. Lithuania imports Iron Chains primarily from: Sweden ($7.62M), Norway ($6.14M), China ($5.55M), Germany ($3.35M), and Spain ($2.84M).

The fastest growing import markets in Iron Chains for Lithuania between 2022 and 2023 were Spain ($2.42M), Norway ($846k), and Sweden ($843k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Iron Chains. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$23.7M
IMPORTS (2023)$31.8M
NET TRADE (2023)-$8.13M

In 2023, Lithuania exported $23.7M in Iron Chains. The main destinations of Lithuania exports on Iron Chains were Canada ($5.9M), Norway ($5.6M), United States ($3.76M), Russia ($2.66M), and Sweden ($886k).

In 2023, Lithuania imported $31.8M in Iron Chains, mainly from Sweden ($7.62M), Norway ($6.14M), China ($5.55M), Germany ($3.35M), and Spain ($2.84M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Chains EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
United States$2.07M (123%)
Croatia$388k (1.51k%)
Belarus$249k (53.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Chains BY Lithuania WERE (2022 - 2023):
Canada-$876k (-12.9%)
Kazakhstan-$348k (-85.3%)
Cuba-$326k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Lithuania's main exporting competitors in Iron Chains were:
China $2.04B
Japan $495M
In 2023, Lithuania's main importing competitors in Iron Chains were:

Explore Visualizations

Trade Value of Iron Chains by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.25M
TOP IMPORT POTENTIALChina+ $1.71M

Iron Chains’s highest export potential is United States. With an export gap of $1.25M.   Iron Chains’s highest import potential is China with an import gap of $1.71M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with