2022
Exports
$12.1MWorld Rnk 33 / 148
Flag Rnk 391 / 1208
2022
PRODUCT COMPLEXITY IN Other Iron Bars
-0.18Rnk 608 / 1025
2022
Imports
$17.8MWorld Rnk 41 / 213
Flag Rnk 364 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $12.1M in Other Iron Bars, making it the 33rd largest exporter of Other Iron Bars in the world. At the same year, Other Iron Bars was the 391st most exported product in Lithuania. The main destination of Other Iron Bars exports from Lithuania are: Poland ($2.69M), Estonia ($2.49M), Sweden ($2.28M), Finland ($1.19M), and Latvia ($1.18M).

The fastest growing export markets for Other Iron Bars of Lithuania between 2021 and 2022 were Sweden ($957k), Estonia ($923k), and Finland ($293k).

Imports In 2022, Lithuania imported $17.8M in Other Iron Bars, becoming the 41st largest importer of Other Iron Bars in the world. At the same year, Other Iron Bars was the 364th most imported product in Lithuania. Lithuania imports Other Iron Bars primarily from: Italy ($3.41M), Russia ($2.77M), Poland ($2.77M), Romania ($1.63M), and Iran ($1.37M).

The fastest growing import markets in Other Iron Bars for Lithuania between 2021 and 2022 were Germany ($512k), Ukraine ($463k), and Poland ($355k).

Latest Trends

Aug 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 Other Iron Bars. 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)$12.1M
IMPORTS (2022)$17.8M
NET TRADE (2022)-$5.76M

In 2022, Lithuania exported $12.1M in Other Iron Bars. The main destinations of Lithuania exports on Other Iron Bars were Poland ($2.69M), Estonia ($2.49M), Sweden ($2.28M), Finland ($1.19M), and Latvia ($1.18M).

In 2022, Lithuania imported $17.8M in Other Iron Bars, mainly from Italy ($3.41M), Russia ($2.77M), Poland ($2.77M), Romania ($1.63M), and Iran ($1.37M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Bars EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Sweden$957k (72.1%)
Estonia$923k (58.9%)
Finland$293k (32.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Bars BY Lithuania WERE (2021 - 2022):
Poland-$3.43M (-56%)
Latvia-$222k (-15.8%)
Russia-$133k (-62.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Other Iron Bars were:
In 2022, Lithuania's main importing competitors in Other Iron Bars were:

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Trade Value of Other Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $840k
TOP IMPORT POTENTIALPoland+ $569k

Other Iron Bars’s highest export potential is Poland. With an export gap of $840k.   Other Iron Bars’s highest import potential is Poland with an import gap of $569k.

See methodology.

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