2023
Exports
$1.81MWorld Rnk 50 / 160
Flag Rnk 700 / 1204
2023
PRODUCT COMPLEXITY IN Knitting Machine Accessories
1.38Rnk 66 / 1025
2023
Imports
$4.09MWorld Rnk 70 / 202
Flag Rnk 655 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $1.81M in Knitting Machine Accessories, making it the 50th largest exporter of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 700th most exported product in Lithuania. The main destination of Knitting Machine Accessories exports from Lithuania are: France ($661k), Uzbekistan ($557k), Belgium ($143k), Netherlands ($100k), and Latvia ($96.7k).

The fastest growing export markets for Knitting Machine Accessories of Lithuania between 2022 and 2023 were France ($655k), Netherlands ($83.8k), and Belgium ($48.3k).

Imports In 2023, Lithuania imported $4.09M in Knitting Machine Accessories, becoming the 70th largest importer of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 655th most imported product in Lithuania. Lithuania imports Knitting Machine Accessories primarily from: Germany ($924k), Italy ($910k), Belgium ($863k), France ($269k), and United Kingdom ($180k).

The fastest growing import markets in Knitting Machine Accessories for Lithuania between 2022 and 2023 were Belgium ($462k), Czechia ($107k), and Austria ($56.2k).

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 Knitting Machine Accessories. 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)$1.81M
IMPORTS (2023)$4.09M
NET TRADE (2023)-$2.29M

In 2023, Lithuania exported $1.81M in Knitting Machine Accessories. The main destinations of Lithuania exports on Knitting Machine Accessories were France ($661k), Uzbekistan ($557k), Belgium ($143k), Netherlands ($100k), and Latvia ($96.7k).

In 2023, Lithuania imported $4.09M in Knitting Machine Accessories, mainly from Germany ($924k), Italy ($910k), Belgium ($863k), France ($269k), and United Kingdom ($180k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knitting Machine Accessories EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
France$655k (11.2k%)
Netherlands$83.8k (507%)
Belgium$48.3k (51.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machine Accessories BY Lithuania WERE (2022 - 2023):
Uzbekistan-$1.61M (-74.3%)
Russia-$423k (-90.5%)
Latvia-$136k (-58.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lithuania's main exporting competitors in Knitting Machine Accessories were:
In 2023, Lithuania's main importing competitors in Knitting Machine Accessories were:

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Trade Value of Knitting Machine Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $97.6k
TOP IMPORT POTENTIALGermany+ $386k

Knitting Machine Accessories’s highest export potential is Russia. With an export gap of $97.6k.   Knitting Machine Accessories’s highest import potential is Germany with an import gap of $386k.

See methodology.

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