2023
Exports
$38.3MWorld Rnk 35 / 142
Flag Rnk 185 / 1204
2023
PRODUCT COMPLEXITY IN Synthetic Rubber
0.45Rnk 383 / 1025
2023
Imports
$56.3MWorld Rnk 49 / 205
Flag Rnk 166 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $38.3M in Synthetic Rubber, making it the 35th largest exporter of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 185th most exported product in Lithuania. The main destination of Synthetic Rubber exports from Lithuania are: Germany ($10M), Romania ($9.67M), Italy ($3.86M), Belarus ($3.24M), and Czechia ($1.35M).

The fastest growing export markets for Synthetic Rubber of Lithuania between 2022 and 2023 were Romania ($8.7M), Germany ($6.86M), and Ukraine ($954k).

Imports In 2023, Lithuania imported $56.3M in Synthetic Rubber, becoming the 49th largest importer of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 166th most imported product in Lithuania. Lithuania imports Synthetic Rubber primarily from: Russia ($35.4M), Italy ($5.12M), Poland ($3.33M), Germany ($2.63M), and Belgium ($2.03M).

The fastest growing import markets in Synthetic Rubber for Lithuania between 2022 and 2023 were Russia ($10.2M), Poland ($2.27M), and Turkey ($692k).

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 Synthetic Rubber. 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)$38.3M
IMPORTS (2023)$56.3M
NET TRADE (2023)-$18.1M

In 2023, Lithuania exported $38.3M in Synthetic Rubber. The main destinations of Lithuania exports on Synthetic Rubber were Germany ($10M), Romania ($9.67M), Italy ($3.86M), Belarus ($3.24M), and Czechia ($1.35M).

In 2023, Lithuania imported $56.3M in Synthetic Rubber, mainly from Russia ($35.4M), Italy ($5.12M), Poland ($3.33M), Germany ($2.63M), and Belgium ($2.03M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Synthetic Rubber EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
Romania$8.7M (891%)
Germany$6.86M (215%)
Ukraine$954k (649%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Rubber BY Lithuania WERE (2022 - 2023):
Italy-$2.35M (-37.9%)
Russia-$1.26M (-57.9%)
Austria-$1.06M (-94.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lithuania's main exporting competitors in Synthetic Rubber were:
In 2023, Lithuania's main importing competitors in Synthetic Rubber were:

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Trade Value of Synthetic Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $2.51M
TOP IMPORT POTENTIALPoland+ $1.3M

Synthetic Rubber’s highest export potential is Poland. With an export gap of $2.51M.   Synthetic Rubber’s highest import potential is Poland with an import gap of $1.3M.

See methodology.

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