2022
Exports
$448World Rnk 65 / 81
Flag Rnk 1198 / 1208
2022
PRODUCT COMPLEXITY IN Jute Yarn
-1.22Rnk 882 / 1025
2022
Imports
$57.3kWorld Rnk 90 / 166
Flag Rnk 1129 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $448 in Jute Yarn, making it the 65th largest exporter of Jute Yarn in the world. At the same year, Jute Yarn was the 1198th most exported product in Lithuania. The main destination of Jute Yarn exports from Lithuania are: Latvia ($420), Netherlands ($25), and Armenia ($3).

The fastest growing export markets for Jute Yarn of Lithuania between 2021 and 2022 were Latvia ($420) and Armenia ($3).

Imports In 2022, Lithuania imported $57.3k in Jute Yarn, becoming the 90th largest importer of Jute Yarn in the world. At the same year, Jute Yarn was the 1129th most imported product in Lithuania. Lithuania imports Jute Yarn primarily from: Belgium ($21.4k), Bangladesh ($19.7k), Germany ($15.3k), Poland ($751), and Netherlands ($139).

The fastest growing import markets in Jute Yarn for Lithuania between 2021 and 2022 were Bangladesh ($14.2k), Germany ($2.86k), and Poland ($686).

Latest Trends

Oct 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 Jute 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)$448
IMPORTS (2022)$57.3k
NET TRADE (2022)-$56.9k

In 2022, Lithuania exported $448 in Jute Yarn. The main destinations of Lithuania exports on Jute Yarn were Latvia ($420), Netherlands ($25), and Armenia ($3).

In 2022, Lithuania imported $57.3k in Jute Yarn, mainly from Belgium ($21.4k), Bangladesh ($19.7k), Germany ($15.3k), Poland ($751), and Netherlands ($139).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Jute Yarn EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Latvia$420 (1%)
Armenia$3 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jute Yarn BY Lithuania WERE (2021 - 2022):
Philippines-$667 (-100%)
Estonia-$544 (-100%)
Netherlands-$448 (-94.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Jute Yarn were:
In 2022, Lithuania's main importing competitors in Jute Yarn were:
China $127M
India $62.4M

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Trade Value of Jute Yarn by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $425
TOP IMPORT POTENTIALBangladesh+ $17.9k

Jute Yarn’s highest export potential is China. With an export gap of $425.   Jute Yarn’s highest import potential is Bangladesh with an import gap of $17.9k.

See methodology.

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