2023
Exports
$16.6MWorld Rnk 44 / 162
Flag Rnk 300 / 1204
2023
PRODUCT COMPLEXITY IN Margarine
-0.85Rnk 793 / 1025
2023
Imports
$18MWorld Rnk 79 / 221
Flag Rnk 355 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $16.6M in Margarine, making it the 44th largest exporter of Margarine in the world. At the same year, Margarine was the 300th most exported product in Lithuania. The main destination of Margarine exports from Lithuania are: Estonia ($3.83M), Latvia ($3.41M), Russia ($2.07M), Hungary ($1.16M), and Norway ($1.14M).

The fastest growing export markets for Margarine of Lithuania between 2022 and 2023 were Norway ($816k), Russia ($643k), and Sweden ($560k).

Imports In 2023, Lithuania imported $18M in Margarine, becoming the 79th largest importer of Margarine in the world. At the same year, Margarine was the 355th most imported product in Lithuania. Lithuania imports Margarine primarily from: Poland ($7.96M), Netherlands ($2.32M), Sweden ($1.32M), Italy ($1.11M), and Estonia ($1.01M).

The fastest growing import markets in Margarine for Lithuania between 2022 and 2023 were Poland ($2.32M), Italy ($963k), and Netherlands ($772k).

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 Margarine. 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)$16.6M
IMPORTS (2023)$18M
NET TRADE (2023)-$1.36M

In 2023, Lithuania exported $16.6M in Margarine. The main destinations of Lithuania exports on Margarine were Estonia ($3.83M), Latvia ($3.41M), Russia ($2.07M), Hungary ($1.16M), and Norway ($1.14M).

In 2023, Lithuania imported $18M in Margarine, mainly from Poland ($7.96M), Netherlands ($2.32M), Sweden ($1.32M), Italy ($1.11M), and Estonia ($1.01M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
Norway$816k (256%)
Russia$643k (45.1%)
Sweden$560k (842%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY Lithuania WERE (2022 - 2023):
Czechia-$590k (-40.8%)
Estonia-$216k (-5.33%)
Poland-$161k (-29.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lithuania's main exporting competitors in Margarine were:
In 2023, Lithuania's main importing competitors in Margarine were:
China $1.08B

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $657k
TOP IMPORT POTENTIALIndonesia+ $673k

Margarine’s highest export potential is Poland. With an export gap of $657k.   Margarine’s highest import potential is Indonesia with an import gap of $673k.

See methodology.

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