2023
Exports
$19MWorld Rnk 51 / 182
Flag Rnk 278 / 1204
2023
PRODUCT COMPLEXITY IN Iron Pipes
0.22Rnk 490 / 1025
2023
Imports
$25.8MWorld Rnk 88 / 223
Flag Rnk 289 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $19M in Iron Pipes, making it the 51st largest exporter of Iron Pipes in the world. At the same year, Iron Pipes was the 278th most exported product in Lithuania. The main destination of Iron Pipes exports from Lithuania are: Poland ($2.96M), Sweden ($2.37M), Finland ($2.05M), Latvia ($2.02M), and Estonia ($1.63M).

The fastest growing export markets for Iron Pipes of Lithuania between 2022 and 2023 were United Kingdom ($857k), Germany ($748k), and Norway ($575k).

Imports In 2023, Lithuania imported $25.8M in Iron Pipes, becoming the 88th largest importer of Iron Pipes in the world. At the same year, Iron Pipes was the 289th most imported product in Lithuania. Lithuania imports Iron Pipes primarily from: Poland ($6.71M), Germany ($4.99M), Italy ($2.67M), Spain ($2.14M), and Czechia ($1.3M).

The fastest growing import markets in Iron Pipes for Lithuania between 2022 and 2023 were Spain ($1.89M), United States ($472k), and Ukraine ($434k).

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 Iron Pipes. 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)$19M
IMPORTS (2023)$25.8M
NET TRADE (2023)-$6.83M

In 2023, Lithuania exported $19M in Iron Pipes. The main destinations of Lithuania exports on Iron Pipes were Poland ($2.96M), Sweden ($2.37M), Finland ($2.05M), Latvia ($2.02M), and Estonia ($1.63M).

In 2023, Lithuania imported $25.8M in Iron Pipes, mainly from Poland ($6.71M), Germany ($4.99M), Italy ($2.67M), Spain ($2.14M), and Czechia ($1.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Pipes EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
United Kingdom$857k (1.83k%)
Germany$748k (280%)
Norway$575k (179%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Pipes BY Lithuania WERE (2022 - 2023):
Sweden-$4.43M (-65.1%)
Poland-$2.24M (-43%)
Russia-$1.58M (-85%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lithuania's main exporting competitors in Iron Pipes were:
China $8.68B
Japan $3.64B
Germany $2.35B
In 2023, Lithuania's main importing competitors in Iron Pipes were:

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Trade Value of Iron Pipes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $1.7M
TOP IMPORT POTENTIALGermany+ $1.43M

Iron Pipes’s highest export potential is Poland. With an export gap of $1.7M.   Iron Pipes’s highest import potential is Germany with an import gap of $1.43M.

See methodology.

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