2022
Exports
$19.5MWorld Rnk 4 / 104
Flag Rnk 305 / 1208
2022
PRODUCT COMPLEXITY IN Wood Barrels
0.13Rnk 510 / 1025
2022
Imports
$1.4MWorld Rnk 48 / 188
Flag Rnk 869 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $19.5M in Wood Barrels, making it the 4th largest exporter of Wood Barrels in the world. At the same year, Wood Barrels was the 305th most exported product in Lithuania. The main destination of Wood Barrels exports from Lithuania are: Germany ($6.94M), Netherlands ($2.73M), United Kingdom ($1.16M), Russia ($1.1M), and Denmark ($1.08M).

The fastest growing export markets for Wood Barrels of Lithuania between 2021 and 2022 were Russia ($327k), Australia ($175k), and Czechia ($174k).

Imports In 2022, Lithuania imported $1.4M in Wood Barrels, becoming the 48th largest importer of Wood Barrels in the world. At the same year, Wood Barrels was the 869th most imported product in Lithuania. Lithuania imports Wood Barrels primarily from: Spain ($384k), France ($250k), Ukraine ($173k), Italy ($122k), and Netherlands ($93.5k).

The fastest growing import markets in Wood Barrels for Lithuania between 2021 and 2022 were Spain ($381k), France ($205k), and Italy ($122k).

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 Wood Barrels. 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)$19.5M
IMPORTS (2022)$1.4M
NET TRADE (2022)$18.1M

In 2022, Lithuania exported $19.5M in Wood Barrels. The main destinations of Lithuania exports on Wood Barrels were Germany ($6.94M), Netherlands ($2.73M), United Kingdom ($1.16M), Russia ($1.1M), and Denmark ($1.08M).

In 2022, Lithuania imported $1.4M in Wood Barrels, mainly from Spain ($384k), France ($250k), Ukraine ($173k), Italy ($122k), and Netherlands ($93.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Barrels EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Russia$327k (42.2%)
Australia$175k (1.23k%)
Czechia$174k (72.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Barrels BY Lithuania WERE (2021 - 2022):
Germany-$4.72M (-40.5%)
Netherlands-$2.02M (-42.6%)
Denmark-$1.83M (-62.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Wood Barrels were:
In 2022, Lithuania's main importing competitors in Wood Barrels were:

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Trade Value of Wood Barrels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $449k
TOP IMPORT POTENTIALFrance+ $132k

Wood Barrels’s highest export potential is United Kingdom. With an export gap of $449k.   Wood Barrels’s highest import potential is France with an import gap of $132k.

See methodology.

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