2023
Exports
$25.7MWorld Rnk 41 / 182
Flag Rnk 236 / 1204
2023
PRODUCT COMPLEXITY IN Rubberworking Machinery
1.68Rnk 24 / 1025
2023
Imports
$59.3MWorld Rnk 67 / 216
Flag Rnk 162 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $25.7M in Rubberworking Machinery, making it the 41st largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 236th most exported product in Lithuania. The main destination of Rubberworking Machinery exports from Lithuania are: Russia ($5.93M), United States ($3.7M), Uzbekistan ($3.54M), Latvia ($1.67M), and United Arab Emirates ($1.21M).

The fastest growing export markets for Rubberworking Machinery of Lithuania between 2022 and 2023 were Latvia ($1.48M), United States ($1.43M), and United Arab Emirates ($1.17M).

Imports In 2023, Lithuania imported $59.3M in Rubberworking Machinery, becoming the 67th largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 162nd most imported product in Lithuania. Lithuania imports Rubberworking Machinery primarily from: China ($10.3M), Germany ($9.18M), Italy ($6.42M), Luxembourg ($3.69M), and Latvia ($3.69M).

The fastest growing import markets in Rubberworking Machinery for Lithuania between 2022 and 2023 were China ($7.12M), Estonia ($2.75M), and Netherlands ($2.21M).

Latest Trends

Jan 2025

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 Rubberworking Machinery. 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)$25.7M
IMPORTS (2023)$59.3M
NET TRADE (2023)-$33.6M

In 2023, Lithuania exported $25.7M in Rubberworking Machinery. The main destinations of Lithuania exports on Rubberworking Machinery were Russia ($5.93M), United States ($3.7M), Uzbekistan ($3.54M), Latvia ($1.67M), and United Arab Emirates ($1.21M).

In 2023, Lithuania imported $59.3M in Rubberworking Machinery, mainly from China ($10.3M), Germany ($9.18M), Italy ($6.42M), Luxembourg ($3.69M), and Latvia ($3.69M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
Latvia$1.48M (772%)
United States$1.43M (63.3%)
United Arab Emirates$1.17M (2.86k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Lithuania WERE (2022 - 2023):
Russia-$3.51M (-37.2%)
Kazakhstan-$3.13M (-97.3%)
Belarus-$709k (-73.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lithuania's main exporting competitors in Rubberworking Machinery were:
China $6.97B
Germany $6.13B
Japan $2.61B
In 2023, Lithuania's main importing competitors in Rubberworking Machinery were:

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Trade Value of Rubberworking Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.21M
TOP IMPORT POTENTIALChina+ $3.22M

Rubberworking Machinery’s highest export potential is United States. With an export gap of $2.21M.   Rubberworking Machinery’s highest import potential is China with an import gap of $3.22M.

See methodology.

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