2022
Exports
$3.96MWorld Rnk 21 / 102
Flag Rnk 594 / 1208
2022
PRODUCT COMPLEXITY IN Prepared Wool or Animal Hair
-0.87Rnk 793 / 1025
2022
Imports
$13MWorld Rnk 24 / 147
Flag Rnk 444 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $3.96M in Prepared Wool or Animal Hair, making it the 21st largest exporter of Prepared Wool or Animal Hair in the world. At the same year, Prepared Wool or Animal Hair was the 594th most exported product in Lithuania. The main destination of Prepared Wool or Animal Hair exports from Lithuania are: Italy ($2.54M), Poland ($840k), Russia ($251k), Germany ($164k), and Belarus ($75.8k).

The fastest growing export markets for Prepared Wool or Animal Hair of Lithuania between 2021 and 2022 were Italy ($560k), Poland ($466k), and Germany ($164k).

Imports In 2022, Lithuania imported $13M in Prepared Wool or Animal Hair, becoming the 24th largest importer of Prepared Wool or Animal Hair in the world. At the same year, Prepared Wool or Animal Hair was the 444th most imported product in Lithuania. Lithuania imports Prepared Wool or Animal Hair primarily from: Italy ($2.61M), Germany ($2.24M), Bulgaria ($2.06M), Czechia ($1.16M), and Argentina ($1.12M).

The fastest growing import markets in Prepared Wool or Animal Hair for Lithuania between 2021 and 2022 were Bulgaria ($1.69M), Argentina ($899k), and United Kingdom ($786k).

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 Prepared Wool or Animal Hair. 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)$3.96M
IMPORTS (2022)$13M
NET TRADE (2022)-$9M

In 2022, Lithuania exported $3.96M in Prepared Wool or Animal Hair. The main destinations of Lithuania exports on Prepared Wool or Animal Hair were Italy ($2.54M), Poland ($840k), Russia ($251k), Germany ($164k), and Belarus ($75.8k).

In 2022, Lithuania imported $13M in Prepared Wool or Animal Hair, mainly from Italy ($2.61M), Germany ($2.24M), Bulgaria ($2.06M), Czechia ($1.16M), and Argentina ($1.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Wool or Animal Hair EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Italy$560k (28.3%)
Poland$466k (125%)
Germany$164k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Wool or Animal Hair BY Lithuania WERE (2021 - 2022):
Czechia-$110k (-100%)
United Kingdom-$21.1k (-43%)
Austria-$9.72k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Prepared Wool or Animal Hair were:
In 2022, Lithuania's main importing competitors in Prepared Wool or Animal Hair were:

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Trade Value of Prepared Wool or Animal Hair by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALPoland+ $312k
TOP IMPORT POTENTIALChina+ $402k

Prepared Wool or Animal Hair’s highest export potential is Poland. With an export gap of $312k.   Prepared Wool or Animal Hair’s highest import potential is China with an import gap of $402k.

See methodology.

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