2022
Exports
$75.5MWorld Rnk 3 / 98
Flag Rnk 107 / 1208
2022
PRODUCT COMPLEXITY IN Non-Retail Carded Wool Yarn
-0.16Rnk 600 / 1025
2022
Imports
$2.57MWorld Rnk 36 / 145
Flag Rnk 771 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $75.5M in Non-Retail Carded Wool Yarn, making it the 3rd largest exporter of Non-Retail Carded Wool Yarn in the world. At the same year, Non-Retail Carded Wool Yarn was the 107th most exported product in Lithuania. The main destination of Non-Retail Carded Wool Yarn exports from Lithuania are: United Kingdom ($20.1M), Italy ($19.1M), Netherlands ($9.39M), Denmark ($7.71M), and Estonia ($7.62M).

The fastest growing export markets for Non-Retail Carded Wool Yarn of Lithuania between 2021 and 2022 were Italy ($2.21M), Estonia ($1.91M), and Denmark ($1.67M).

Imports In 2022, Lithuania imported $2.57M in Non-Retail Carded Wool Yarn, becoming the 36th largest importer of Non-Retail Carded Wool Yarn in the world. At the same year, Non-Retail Carded Wool Yarn was the 771st most imported product in Lithuania. Lithuania imports Non-Retail Carded Wool Yarn primarily from: Italy ($1.53M), Estonia ($244k), Germany ($183k), Sweden ($146k), and United Kingdom ($140k).

The fastest growing import markets in Non-Retail Carded Wool Yarn for Lithuania between 2021 and 2022 were Italy ($118k), United Kingdom ($53.5k), and Germany ($27.1k).

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 Non-Retail Carded Wool Yarn. 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)$75.5M
IMPORTS (2022)$2.57M
NET TRADE (2022)$73M

In 2022, Lithuania exported $75.5M in Non-Retail Carded Wool Yarn. The main destinations of Lithuania exports on Non-Retail Carded Wool Yarn were United Kingdom ($20.1M), Italy ($19.1M), Netherlands ($9.39M), Denmark ($7.71M), and Estonia ($7.62M).

In 2022, Lithuania imported $2.57M in Non-Retail Carded Wool Yarn, mainly from Italy ($1.53M), Estonia ($244k), Germany ($183k), Sweden ($146k), and United Kingdom ($140k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Carded Wool Yarn EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Italy$2.21M (13.1%)
Estonia$1.91M (33.3%)
Denmark$1.67M (27.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Carded Wool Yarn BY Lithuania WERE (2021 - 2022):
Russia-$306k (-50.3%)
United Kingdom-$260k (-1.27%)
Germany-$87.3k (-68.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Non-Retail Carded Wool Yarn were:
Italy $159M
China $104M
In 2022, Lithuania's main importing competitors in Non-Retail Carded Wool Yarn were:

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Trade Value of Non-Retail Carded Wool Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $255k
TOP IMPORT POTENTIALPoland+ $20.5k

Non-Retail Carded Wool Yarn’s highest export potential is Poland. With an export gap of $255k.   Non-Retail Carded Wool Yarn’s highest import potential is Poland with an import gap of $20.5k.

See methodology.

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