2023
Exports
$628kWorld Rnk 55 / 104
Flag Rnk 851 / 1204
2023
PRODUCT COMPLEXITY IN Metalworking Transfer Machines
2.12Rnk 2 / 1025
2023
Imports
$8.32MWorld Rnk 63 / 169
Flag Rnk 530 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $628k in Metalworking Transfer Machines, making it the 55th largest exporter of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 851st most exported product in Lithuania. The main destination of Metalworking Transfer Machines exports from Lithuania are: Kyrgyzstan ($336k), Ukraine ($103k), Netherlands ($75k), United Kingdom ($31.2k), and Turkey ($28.4k).

The fastest growing export markets for Metalworking Transfer Machines of Lithuania between 2022 and 2023 were Ukraine ($103k), United Kingdom ($31.2k), and Norway ($17.5k).

Imports In 2023, Lithuania imported $8.32M in Metalworking Transfer Machines, becoming the 63rd largest importer of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 530th most imported product in Lithuania. Lithuania imports Metalworking Transfer Machines primarily from: Latvia ($2.58M), Germany ($1.94M), South Korea ($1.42M), Belgium ($718k), and Switzerland ($310k).

The fastest growing import markets in Metalworking Transfer Machines for Lithuania between 2022 and 2023 were Latvia ($2.27M), South Korea ($1.42M), and Switzerland ($310k).

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 Metalworking Transfer Machines. 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)$628k
IMPORTS (2023)$8.32M
NET TRADE (2023)-$7.69M

In 2023, Lithuania exported $628k in Metalworking Transfer Machines. The main destinations of Lithuania exports on Metalworking Transfer Machines were Kyrgyzstan ($336k), Ukraine ($103k), Netherlands ($75k), United Kingdom ($31.2k), and Turkey ($28.4k).

In 2023, Lithuania imported $8.32M in Metalworking Transfer Machines, mainly from Latvia ($2.58M), Germany ($1.94M), South Korea ($1.42M), Belgium ($718k), and Switzerland ($310k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metalworking Transfer Machines EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
Ukraine$103k (1%)
United Kingdom$31.2k (1%)
Norway$17.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Transfer Machines BY Lithuania WERE (2022 - 2023):
Kyrgyzstan-$499k (-59.8%)
Latvia-$392k (-98.9%)
Czechia-$347k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lithuania's main exporting competitors in Metalworking Transfer Machines were:
In 2023, Lithuania's main importing competitors in Metalworking Transfer Machines were:

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Trade Value of Metalworking Transfer Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $242k
TOP IMPORT POTENTIALGermany+ $524k

Metalworking Transfer Machines’s highest export potential is Russia. With an export gap of $242k.   Metalworking Transfer Machines’s highest import potential is Germany with an import gap of $524k.

See methodology.

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