2022
Exports
$28MWorld Rnk 34 / 199
Flag Rnk 248 / 1208
2022
PRODUCT COMPLEXITY IN Special Pharmaceuticals
0.61Rnk 321 / 1025
2022
Imports
$43.1MWorld Rnk 50 / 220
Flag Rnk 212 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $28M in Special Pharmaceuticals, making it the 34th largest exporter of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 248th most exported product in Lithuania. The main destination of Special Pharmaceuticals exports from Lithuania are: Belarus ($6.18M), Estonia ($2.65M), Italy ($2.24M), Latvia ($2.13M), and Russia ($2.1M).

The fastest growing export markets for Special Pharmaceuticals of Lithuania between 2021 and 2022 were Armenia ($1.03M), Belarus ($1M), and Russia ($756k).

Imports In 2022, Lithuania imported $43.1M in Special Pharmaceuticals, becoming the 50th largest importer of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 212th most imported product in Lithuania. Lithuania imports Special Pharmaceuticals primarily from: Germany ($11M), Ireland ($5.45M), China ($4.98M), Netherlands ($4.89M), and Slovenia ($3.53M).

The fastest growing import markets in Special Pharmaceuticals for Lithuania between 2021 and 2022 were China ($2.95M), Ireland ($2.43M), and Slovenia ($945k).

COMPANIES In 2023, leading companies such as Continental Materials (13) were at the forefront of shipping Special Pharmaceuticals from Lithuania to the United States.

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 Special Pharmaceuticals. 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)$28M
IMPORTS (2022)$43.1M
NET TRADE (2022)-$15.1M

In 2022, Lithuania exported $28M in Special Pharmaceuticals. The main destinations of Lithuania exports on Special Pharmaceuticals were Belarus ($6.18M), Estonia ($2.65M), Italy ($2.24M), Latvia ($2.13M), and Russia ($2.1M).

In 2022, Lithuania imported $43.1M in Special Pharmaceuticals, mainly from Germany ($11M), Ireland ($5.45M), China ($4.98M), Netherlands ($4.89M), and Slovenia ($3.53M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Special Pharmaceuticals EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Armenia$1.03M (420%)
Belarus$1M (19.4%)
Russia$756k (56.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Pharmaceuticals BY Lithuania WERE (2021 - 2022):
Spain-$240k (-54.7%)
Netherlands-$176k (-15.4%)
Belgium-$84.4k (-14.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Special Pharmaceuticals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.35M
TOP IMPORT POTENTIALGermany+ $1.89M

Special Pharmaceuticals’s highest export potential is United States. With an export gap of $8.35M.   Special Pharmaceuticals’s highest import potential is Germany with an import gap of $1.89M.

See methodology.

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