2022
Exports
$440kWorld Rnk 32 / 111
Flag Rnk 939 / 1208
2022
PRODUCT COMPLEXITY IN Watch Movements
1.76Rnk 17 / 1025
2022
Imports
$2.79MWorld Rnk 25 / 168
Flag Rnk 749 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $440k in Watch Movements, making it the 32nd largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 939th most exported product in Lithuania. The main destination of Watch Movements exports from Lithuania are: Denmark ($171k), Netherlands ($88.2k), Germany ($67.6k), Poland ($38.5k), and Switzerland ($24.5k).

The fastest growing export markets for Watch Movements of Lithuania between 2021 and 2022 were Poland ($28.4k), Switzerland ($24.5k), and Germany ($11.2k).

Imports In 2022, Lithuania imported $2.79M in Watch Movements, becoming the 25th largest importer of Watch Movements in the world. At the same year, Watch Movements was the 749th most imported product in Lithuania. Lithuania imports Watch Movements primarily from: Latvia ($1.47M), Poland ($495k), Estonia ($384k), Germany ($121k), and Malaysia ($116k).

The fastest growing import markets in Watch Movements for Lithuania between 2021 and 2022 were Latvia ($770k), Estonia ($362k), and Poland ($293k).

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 Watch Movements. 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)$440k
IMPORTS (2022)$2.79M
NET TRADE (2022)-$2.35M

In 2022, Lithuania exported $440k in Watch Movements. The main destinations of Lithuania exports on Watch Movements were Denmark ($171k), Netherlands ($88.2k), Germany ($67.6k), Poland ($38.5k), and Switzerland ($24.5k).

In 2022, Lithuania imported $2.79M in Watch Movements, mainly from Latvia ($1.47M), Poland ($495k), Estonia ($384k), Germany ($121k), and Malaysia ($116k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Watch Movements EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Poland$28.4k (282%)
Switzerland$24.5k (1%)
Germany$11.2k (19.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Movements BY Lithuania WERE (2021 - 2022):
Spain-$64.9k (-99.5%)
France-$39.3k (-95%)
Denmark-$32.4k (-16%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Watch Movements were:
In 2022, Lithuania's main importing competitors in Watch Movements were:

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Trade Value of Watch Movements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $24.1k
TOP IMPORT POTENTIALJapan+ $65.3k

Watch Movements’s highest export potential is Germany. With an export gap of $24.1k.   Watch Movements’s highest import potential is Japan with an import gap of $65.3k.

See methodology.

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