2022
Exports
$951kWorld Rnk 41 / 92
Flag Rnk 840 / 1208
2022
PRODUCT COMPLEXITY IN Looms
0.9Rnk 209 / 1025
2022
Imports
$2.59MWorld Rnk 56 / 159
Flag Rnk 767 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $951k in Looms, making it the 41st largest exporter of Looms in the world. At the same year, Looms was the 840th most exported product in Lithuania. The main destination of Looms exports from Lithuania are: Uzbekistan ($446k), Armenia ($306k), India ($152k), Bulgaria ($27.5k), and Kyrgyzstan ($16.3k).

The fastest growing export markets for Looms of Lithuania between 2021 and 2022 were Uzbekistan ($446k), Armenia ($306k), and India ($152k).

Imports In 2022, Lithuania imported $2.59M in Looms, becoming the 56th largest importer of Looms in the world. At the same year, Looms was the 767th most imported product in Lithuania. Lithuania imports Looms primarily from: Italy ($1.85M), Belgium ($404k), France ($306k), China ($12.6k), and New Zealand ($9.95k).

The fastest growing import markets in Looms for Lithuania between 2021 and 2022 were Italy ($1.1M), France ($194k), and Belgium ($115k).

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 Looms. 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)$951k
IMPORTS (2022)$2.59M
NET TRADE (2022)-$1.64M

In 2022, Lithuania exported $951k in Looms. The main destinations of Lithuania exports on Looms were Uzbekistan ($446k), Armenia ($306k), India ($152k), Bulgaria ($27.5k), and Kyrgyzstan ($16.3k).

In 2022, Lithuania imported $2.59M in Looms, mainly from Italy ($1.85M), Belgium ($404k), France ($306k), China ($12.6k), and New Zealand ($9.95k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Looms EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Uzbekistan$446k (1%)
Armenia$306k (1%)
India$152k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Looms BY Lithuania WERE (2021 - 2022):
Turkey-$214k (-100%)
Russia-$92.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Looms were:
In 2022, Lithuania's main importing competitors in Looms were:
India $694M
China $284M

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Trade Value of Looms by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $152k
TOP IMPORT POTENTIALBelgium+ $134k

Looms’s highest export potential is India. With an export gap of $152k.   Looms’s highest import potential is Belgium with an import gap of $134k.

See methodology.

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