2022
Exports
$43.2MWorld Rnk 24 / 152
Flag Rnk 186 / 1208
2022
PRODUCT COMPLEXITY IN Monofilament
0.32Rnk 437 / 1025
2022
Imports
$49.5MWorld Rnk 37 / 218
Flag Rnk 191 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $43.2M in Monofilament, making it the 24th largest exporter of Monofilament in the world. At the same year, Monofilament was the 186th most exported product in Lithuania. The main destination of Monofilament exports from Lithuania are: Germany ($19.7M), Latvia ($6.46M), Estonia ($5.25M), Russia ($5.09M), and Belarus ($3.06M).

The fastest growing export markets for Monofilament of Lithuania between 2021 and 2022 were Germany ($2.91M), Belarus ($2.24M), and Latvia ($595k).

Imports In 2022, Lithuania imported $49.5M in Monofilament, becoming the 37th largest importer of Monofilament in the world. At the same year, Monofilament was the 191st most imported product in Lithuania. Lithuania imports Monofilament primarily from: Germany ($21.4M), Poland ($15.6M), Denmark ($2.22M), Italy ($2.09M), and United Kingdom ($1.18M).

The fastest growing import markets in Monofilament for Lithuania between 2021 and 2022 were Poland ($2.02M), Germany ($999k), and Czechia ($249k).

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 Monofilament. 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)$43.2M
IMPORTS (2022)$49.5M
NET TRADE (2022)-$6.32M

In 2022, Lithuania exported $43.2M in Monofilament. The main destinations of Lithuania exports on Monofilament were Germany ($19.7M), Latvia ($6.46M), Estonia ($5.25M), Russia ($5.09M), and Belarus ($3.06M).

In 2022, Lithuania imported $49.5M in Monofilament, mainly from Germany ($21.4M), Poland ($15.6M), Denmark ($2.22M), Italy ($2.09M), and United Kingdom ($1.18M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Monofilament EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Germany$2.91M (17.3%)
Belarus$2.24M (275%)
Latvia$595k (10.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Monofilament BY Lithuania WERE (2021 - 2022):
Russia-$1.3M (-20.4%)
India-$222k (-100%)
South Korea-$164k (-55.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Monofilament were:
In 2022, Lithuania's main importing competitors in Monofilament were:

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Trade Value of Monofilament by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALPoland+ $1.72M
TOP IMPORT POTENTIALChina+ $952k

Monofilament’s highest export potential is Poland. With an export gap of $1.72M.   Monofilament’s highest import potential is China with an import gap of $952k.

See methodology.

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